IIC Journal of Innovation | Page 101

More Horsepower with the Click of a Download could also imagine a self-driving car picking up groceries you have ordered online while you are at work. 4.4 Data Services Data Services will make data the new gold. Modern cars collect large amounts of data. Some of it is only interesting to the OEM, but other data will be of interest to insurance companies (for example) who will be able to offer dynamic policies depending on vehicle location or driving style. The future may bring insurance companies that will offer a pay-as-you-go model where you pay only when using the car. Weather services could benefit from real-time, location-based micro weather information gathered from rain sensors, outside temperature and anti-slip systems. Effectively, cars then become weather stations on wheels. 4.5 Aftersales Upgrades Aftersales Upgrades will make is possible to buy more horsepower, better acceleration or to enable eight speakers in a car which has been bought with only four speakers. For this to work OEMs will have to operate online shops through which car owners can order those upgrades. Needless to say, these purchases must also be possible through Smartphone apps and the Head Unit itself. 5. ORGANIZATIONAL CHANGE With the rise of the Software Defined Datacenter and virtualization of compute, storage and network making hardware less relevant, we see a paradigm shift in operations. More and more companies go away from a silo approach with specialized teams for various hardware