Growing consumer preference for convenience-enhancing technologies and automobiles-as-a-service options helped double the adoption of vehicles with automated driving features in 2016, says Frost & Sullivan’s mobility team. Going forward, large-scale investments from original equipment manufacturers (OEMs) will refine the use of artificial intelligence (AI) and cognitive cloud-based technology solutions even further, enabling level 4/5 autonomous driving within the next five years. Retrofitted automated driv
A dynamic shift from vehicle ownership to user-ship has set the stage for double-digit, year-on-year growth in the European private vehicle leasing market, according to Frost and Sullivan researchers. Growth is augmented by customer demand for hassle-free, flexible mobility solutions. Original equipment manufacturers (OEM), leasing companies, brokers, and financial firms must focus on sustainable solutions that offer customer value while driving profits and market penetration.
“Product innovation and ad
Countries, regions and cities all over the world are seeing unprecedented extreme weather events causing destruction in different ways: from heat and wildfires to snow and floods and much else in between. Jon Tarleton of Baron Weather explains how the ITS industry can help the transportation network to remain efficient as the climate changes
