What Are the Challenges of Digitalization in Automotive?

What Is Digitalization?

At the Center for Digital in Automotive, a collaboration of The Boston Consulting Group (BCG) and BCG Digital Ventures, we define digitalization as the adoption of digital technologies to engender new strategies, generate new product and service offerings, transform the value chain and change the way an organization does business. Across all four, digitalization acts as catalyst, facilitator, and enabler.

What Does It Mean for Automotive?

In response, automotive businesses will need a digital strategy that defines their digital ambition and shapes their approach to the new opportunities and challenges—expanding their offerings, transforming the value chain, and changing the organization in unprecedented ways.