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Car buyers spend 60% of their time online and 56% of buyers agree that dealer websites influenced them to visit their dealership, reported in 2017 Car Buyer Journey study by Autotrader. They mostly spend time in researching pricing, compare different models, finding worth of trade-in car and financing options. A fast, no-pressure process, transparent pricing and low financing rates have the greatest impact on customer satisfaction. 2017 Digital Retailing Study by Cox Automotive urges dealers to focus on 3 important […]

Automotive Insurance – A Cognitive Approach

By: Innovation Incubator
20 Apr, 2017 / Automotive
 

The headline that we read every day is of automotive insurance. The media never portrays both sides of the story. In most cases in the interest of ratings, the media showcases the automotive dealers or the insurance firm as the bad guys. Like the old saying “History is written by the victors” we never know if the whole thing was a sham or charade. It goes without saying that cognitive computing goes a long way in improving the driving experience […]

Cognitive Automobile

By: Innovation Incubator
04 Apr, 2017 / Automotive
 

There is a widespread propaganda on the conceptualization of Artificial Intelligence in the field of Automobiles. The question daunting in everyone’s mind would be the purpose of A.I in an otherwise smooth-flowing system which is the automotive industry. The real question everyone must actually be pondering should be where all A.I can help the field. Driverless cars that reach us at any destination at the press of a button, judging passing lanes and proximity of adjacent vehicles, predicting traffic congestion […]

A Ferrari or A Porsche?

By: Innovation Incubator
27 Mar, 2017 / Automotive
 

Humans more often than not are always in a state of confusion. They are unaware of the next decision they need to implement. No matter how small or how big of a decision it is. People always hesitate before their final judgment. Even the best decision makers stagger when the stakes are high on a field they have very little experience on. Now imagine the decision of buying your first ever car. To many that is a life event. To […]

Take a Safe Drive

By: Innovation Incubator
08 Feb, 2017 / Automotive
 

The road sign plays a significant role in facilitating driving in a remarkable way that’s safe for the vehicle motive force and alternative road users. The information given by the road signs captured as into colors and shapes for simple identification. Most of the road accidents attributes to either reduced attention of drivers or ignoring the road signs. The weather conditions like rain and fog also have been reported as a major cause for accidents. Therefore, the recognition of road […]