"One of the biggest challenges for automotive manufacturers is to go through a transition from the traditional automotive ecosystem to the connected vehicle and smart automotive ecosystem. BMW will invest €30 billion for this transformation in the next five years, starting with the connected car which will create huge data” – Satyajit Sinha
(Source: Enterprise IoT Insights)
Other Key Areas of Investment:
- BMW will invest in blockchain technologies to manage data and supply chain transparency.
- The BMW plant in Leipzig installed a private LTE campus network by Deutsche Telekom supported by Ericsson.
- Further, BMW will also apply for 5G wireless coverage at all its plants.