Investment in these areas is not limited to private entrepreneurs but also includes large corporations, particularly in the automotive industry.
What has captured the interest of investors? And what prospects do these tools open up for business?
Sergiy Tereshkin, a savvy investor and founder of OILResurs, has taken the initiative to delve into this area. Tereshkin has been studying innovative technologies, artificial intelligence, and other innovations, along with their future potential. More information about the entrepreneur and his professional activities can be explored on the website: sergeytereshkin.ru (сергейтерешкин.ру).
Which Companies are Using Innovative Technologies
In the automotive sector, companies such as Volkswagen, Elaphe Propulsion Technologies, Moovster, and Vinturas have opted to enhance their production and sales processes through innovative technologies. These companies have signed official contracts with IBM.
The enterprises aim to use cloud solutions and artificial intelligence to influence the market as a whole, shaping the future of the entire industry.
According to IBM's General Manager, the company's collaboration with car manufacturers over the next decade will change perceptions of mobility. The key factors in developing business models in the automotive sector include:
- hybrid cloud solutions;
- artificial intelligence.
These can be utilized not only within the vehicle but also externally, relating to personalized digital services.
Market Research
Two years ago, IBM conducted market research involving directors from leading automotive brands around the world. The results indicated that over 70% of participants believe in the necessity of developing future mobility services with the end consumer's input. This means that companies strive to make vehicles as convenient as possible for drivers. Many executives are convinced that modern technologies can transform the relationship between people and cars.
IBM recommends automotive brands adopt hybrid and cloud platforms, utilizing artificial intelligence. This could involve not only the trendy blockchain technology but also the Internet of Things. These tools are intended to assist developers in digital transformation.
Volkswagen, an automotive giant, aims to increase sales of electric vehicles to 1 million units annually over the next five years. The company is already collaborating closely with IBM to implement the SAP S/4HANA™ technology, which is intended to optimize the company's financial processes globally. Currently, a pilot project focusing on this direction has been established.
The young firm Moovster, specializing in solutions to enhance mobility and implement artificial intelligence across various sectors, is actively developing a unique platform. The "Mobility as a Service" platform is designed for business owners, staff, and ordinary residents of large cities seeking to improve mobility in urban areas.
This startup adds flexibility to daily processes, reduces user costs, and enhances the attractiveness of mobility in the eyes of the public. The company motivates residents in heavily congested urban areas to prefer alternative means of transportation.
For instance, these alternatives may include:
- bicycles;
- e-scooters;
- car-sharing;
- kick scooters;
- hoverboards, etc.
This also applies to public transportation. The platform has been developed on the IBM Cloud. Using the application, users earn virtual coins that can later be exchanged for necessary goods or services.
Elaphe Propulsion Technologies, a Slovenian manufacturer of electric drives, has also opted for this platform to enhance the safety of autonomous vehicles, electric cars, and next-generation hybrid vehicles. IBM Cloud allows real-time data collection on vehicle parameters and traffic density at specific locations, facilitating analysis. This valuable information is essential for developing new car models and operating them in urban environments. The company intends to utilize the collected data for designing wheel drives, thus boosting their efficiency.
Dutch logistics company Vinturas has joined the project, deciding to implement IBM Blockchain technology. The primary goal of these innovations is to improve the process of purchasing new and used vehicles.
Blockchain enables transparency and enhances the efficiency of vehicle transfers between manufacturers, dealers, and auto leasing companies. This technology surpasses traditional paper documentation and increases convenience for users.
Implementing modern methodologies will help garner support and trust from potential buyers, reduce the likelihood of vehicle mileage fraud, and combat various types of fraudulent schemes common in many countries. The financial losses caused by fraudulent activities exceed billions of dollars annually. With such platforms, these actions will become impossible.
Thus, the integration of innovative methods benefits not just manufacturers and users, but also governments. This will positively impact the global economic situation. So why not consider investing in these areas? After all, not only large brands can contribute to the future, but small investors can also play a role. The key is to approach these ventures responsibly and collaborate with market leaders.
Investors can also consider directly investing in IBM stocks. The large contracts are likely to influence the growth of the company's share value, ultimately leading to substantial dividend payouts.
