Implication and expectation on data analysis in automobile industry
DOI:
https://doi.org/10.54691/bcpbm.v25i.1892Keywords:
Predictive Analysis, Data analytics, Automobile IndustryAbstract
In the current automobile industry, the application of data analysis is in every corner of the industry. For example, BMW used predictive analysis to decide the new factory location. Deloitte specifically wrote a report about why the automobile industry should use more data analysis in production. Automobile expects more technological changes, and predictive analysis is a significant part that attracts automakers’ attention. This paper shows how data analysis helps human resources, accounting and finance, product design and development, supply chain and logistics, sales and marketing, and support services. The further study and report indicate that predicted analysis can increase consumer experience and collect the data in each detailed step.
Downloads
References
Khavanekar, A. (2022, April 30). Porsche China apologizes to car owners, consumers don't buy it: Chinese car owners are not so good at cheating. Gamingsym. Retrieved July 7, 2022, from https://gamingsym.in/porsche-china-apologizes-to-car-owners-consumers-dont-buy-it-chinese-car-owners-are-not-so-good-at-cheating/.
Ukrainian army relies on drugs to improve combat ... - inf.news. (n.d.). Retrieved July 7, 2022, from https://inf.news/ne/military/bc41bf0fbdd3692eee038b7da3729d4a.html.
Kikan, Deepak, Sumeet Singh Jasial, and Yudhvir Singh. "Predictive Analytics Adoption by Banking and Financial Services The Future Perspective."
Kumari, Rani, and Kavita Saini. "Automobile Industries using Data Mining and Predictive Analytics: An Industry 4.0 Approach." India: Journal of Xi'an University of Architecture & Technology 12.V (2020).
Lakshmanan, L. (2021, July 9). Predictive maintenance in the automotive industry - an insider's perspective. Medium. Retrieved July 7, 2022, from https://medium.com/embitel-technologies/predictive-maintenance-in-the-automotive-industry-an-insiders-perspective-57388d008c9d#:~:text=Predictive%20 maintenance%20(PdM)%20in%20the, and%20employing%20machine%20learning%20algorithms.
Automotive Predictive Maintenance Market. Transparency Market Research. (n.d.). Retrieved July 7, 2022, from https://www.transparencymarketresearch.com/automotive-predictive-maintenance-market. Html.
H. M. Hashemian, "State-of-the-Art Predictive Maintenance Techniques," in IEEE Transactions on Instrumentation and Measurement, vol. 60, no. 1, pp. 226-236, Jan. 2011, doi: 10.1109 / TIM.2010. 2047662.
James, A. T., Kumar, G., Tayal, P., Chauhan, A., Wadhawa, C., & Panchal, J. (2022). Analysis of human resource management challenges in implementation of industry 4.0 in Indian automobile industry. Technological Forecasting and Social Change, 176, 121483.
Mayer, Kathryn. “Elon Musk Is Ending Remote Work. Will Other Employers Join Him?” HR Executive, 3 June 2022, https://hrexecutive.com/elon-musk-is-ending-remote-work-will-other-employers-join-him/#:~:text=Elon%20Musk%20this%20week%20ordered,warn%20may%20have%20serious%20risks.&text=%E2%80%9CEveryone%20at%20Tesla%20is%20required,per%20week%2C%E2%80%9D%20Musk%20wrote.
Doucette, Reed, et al. “Winning the Race for Talent: A Road Map for the Automotive Industry.” McKinsey & Company, McKinsey & Company, 17 July 2020, https://www.mckinsey.com/industries/ automotive-and-assembly/our-insights/winning-the-race-for-talent-a-road-map-for-the-automotive-industry.
Jordan. friedman. “How Big Data and Ai Are Transforming the Automotive Industry.” Emeritus, 14 July 2022, https: // emeritus.org/blog/big-data-ai-in-the-automotive-industry / #: ~: text=With%20data%20 analytics%2C%20car%20companies, communications%20and%20share%20relevant%20content.
Published by Statista Research Department, and Oct 25. “U.S. Auto Industry Digital Ad Spend 2021.” Statista, 25 Oct. 2021, https://www.statista.com/statistics/243603/projected-online-ad-expenditure-of-the-us-automotive-industry/.
Downloads
Published
Issue
Section
How to Cite
