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The biggest challenge that the automotive industry is facing for now is in terms of adaptation of business model, supply chains,  product development and manufacturing activities that can leverage the real value of rapidly  evolving reality.  The newcomers in the industry are also posing a strong challenge to the traditional players. In a vivid scenario like this where every element is standing at the challenge to the other there are a few  trends that are dominating the automotive industry and will continue to do so even in 2019. The path leading to a cleaner technologies like hybrid and electric vehicles is bound to dominate all efforts and trials in near future.  It is a development that is hard to overlook. Similar advancements are being noticed in the field of alternative fuels,  regular communication systems,  electric propulsion and engines. So let's discuss  in a little detail about what kind of  trends are currently leading the automobile world. 

MIT-Lab-Rfly-Drones-Scanning-WarehousesThe term Internet of Things (IoT) refers to interconnected networks of internet enabled devices like analytics programs, AI software, networks, data hubs, microprocessors, sensors and other such objects. And the first ones to adopt this new trend are retailers. Implementation of IoT solutions has really helped retailers in controlling various aspects of their business.The range of benefits extends from precise inventory management to better shopping experience, less theft, better store operations, and more conversions with cross selling. 

 

Evolution-of-mobile-phone-communicationWireless Telecommunication Network, In simple terms, it may be defined as a wireless network which enables us to communicate over mobile phones and similar devices. The journey of a modern-day wireless telecommunication network can be divided into 4 phases, namely 1G, 2G, 3G and 4G. Let us understand each one of them one by one.