As we continue towards a more connected and autonomous future, designing a car is increasingly about creating quality experiences; and software is at the centre of enabling that reality. Driven by intelligent software, these experiences must make going from point A to point B safe, secure, efficient, entertaining and convenient, and ultimately, autonomously. The current acceleration of new technologies is leading to unprecedented changes for the automotive industry.
Guest blog written by Marques McCammon.
With all this change, a new reality arises for OEMs – they are racing to keep up with demands for technology in which they traditionally have limited expertise. A recent report by the Boston Consulting Group (BCG) discuss how OEMs face a 'double whammy' in the years ahead because margins will decline while growth areas will require new investments. It estimates that total car sales volume will stall by 2025 as self-driving, on-demand models emerge. Additionally, profits are slated to grow in data and connectivity pools – which creates both a challenge and an opportunity.
Being able to effectively manage software and ensure it lasts throughout the lifecycle of the vehicle is key. So the question becomes: How do you keep up with consumer expectations and continue upgrading old technology without constantly adding cost, weight, power consumption, and complexity that eats away at your profits?
The answer involves taking ownership of software to deliver superior in-vehicle experiences. OEMs will need to begin seeing the car as a deployment platform for new software innovations. This translates to:
Simply put, OEMs must prioritise owning their software strategy and the consumer experience, and be able to manage this process over the entire lifecycle of the vehicle, from ideation to end of life. This means thinking about the implementation of software in a way that lets the OEM fully control the inputs and the outputs. And, the way to do that is by focusing on four core capabilities: the ability to abstract, consolidate, reuse, and update, or 'ACRU.'
ABSTRACT: Minimise hardware and software dependencies; maintain supply chain integrity
CONSOLIDATE: Lower overall system cost; use less weight and more security
REUSE: Reduce costs of deployment; faster time to market,
UPDATE: Rapid response to software threats; efficient development
Software has emerged as the common control point for the three top trends impacting the auto industry - connectivity, electrification, and the rise of autonomous vehicles. This means there is no longer any question that software must become a central focus of the OEM business model. The ACRU model addresses this reality.
Step one in the ACRU model is to recognise that consumer demands for better digital experiences in the vehicle will continue in an upward spiral. The time to start preparing a software strategy in order to stay competitive is now.
Courtesy of Wind River.