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How Artificial Intelligence is Driving the Memory Market for Autonomous and Connected Vehicles

vehicles

How Artificial Intelligence is Driving the Memory Market for Autonomous and Connected Vehicles

One of the important technologies that have emerged over the past few is that of artificial intelligence (AI). The technology is being utilized in various industries for making processes and operations simpler. Just like other industries, AI is also being widely utilized in the automotive industry for making vehicles safer and more secure. The technology is being utilized in infotainment systems that are now serving as personal assistants, aiding the driver by offering efficient navigational support, and responding to voice commands. This increasing utilization of AI is creating wide data storage capacity.

Autonomous and connected cars are generating large amounts of data, since they are extensively making use of electronic functions for providing greater efficiency, greater safety, driver assist capabilities, richer telemetric and entertainment functions, and communication between local networks and vehicles. Owing to these factors, the global memory market for autonomous and connected vehicles generated a revenue of $4,310.8 million in 2019 and is predicted to advance at a 23.9% CAGR during the forecast period (2020–2030), as per a report by P&S Intelligence. The major applications of the memory market in the automotive industry are telematics, navigation, and infotainment.

Out of these, the largest amount of data was generated by navigation features in the past, which can majorly be attributed to the surging adoption of these systems in vehicles. Navigation systems generate data related to alternative routes, shortest route, and traffic or checkpoints on the road, and need efficient storage mechanism. Apart from this, the telematics application is also predicted to make create demand for data storage capacity in the coming years, which is particularly because of the increasing preference for autonomous and connected vehicles. The system captures data via sensors, radars, and cameras.

Different types of memories in the automotive industry are NOT-AND (NAND) flash, dynamic random-access memory (DRAM), and static random-access memory (SRAM). Among all these, the demand for DRAM has been the highest up till now, owing to their effective storage of data and relatively low cost. Both commercial and passenger vehicles generate data, thereby creating a need for memory; however, the largest demand for memory was created by passenger cars in the past. This is because of the fact that passenger vehicles are produced more than commercial vehicles. Furthermore, new technologies are first implemented in passenger vehicles for testing purposes in the automotive industry.

In the past, North America emerged as the largest memory market for autonomous and connected vehicles, and the situation is predicted to be the same in the coming years as well. This can be ascribed to the presence of a large number of automotive technology companies and increasing sales of connected and autonomous vehicles in the region. Moreover, the disposable income in people in North America is high as well, owing to which, they are able to spend more on luxury vehicles that are equipped with advanced, connectivity, safety, and autonomous features.

Hence, the demand for memory in autonomous and connected vehicles is growing due to the increasing demand for safety features in vehicles.

Source: P&S Intelligence

Porsche

Porsche & DB Schenker Move Forward with Third PDC Collaboration

DB Schenker Canada has been confirmed as the official operator for Porsche’s Mississauga, Ontario-based parts distribution center, representing the logistics company’s third parts distribution centre (PDC) collaboration with the automaker. The collaboration confirms an overall reduction in parts lead time as Porsche previously received their spare parts and lifestyle goods from U.S.-based PDCs.

“The faster we can do repairs and get our customers’ cars back on the road again, the better,” says George Fremis, Manager, Parts Operations & Logistics, Porsche Cars Canada, Ltd. “DB Schenker understands that mentality and our brand. That’s why they were a great fit for this new facility.”

DB Schenker Canada will provide support in the parts storage and inventory management, picking and packing, and final destination dispatch in Canadian regions. Reports confirmed the logistics company will operate 140,000 square feet of the facility’s 176,000 square feet. The remaining space will be utilized for a national training center, test vehicle storage, with talks of a“Porsche Classic Café” for hosting customers and highlighting the Porsche brand’s innovations.

Porsche is no stranger to partnerships with DB Schenker, however. The automaker is currently collaborating with the leading logistics company in China and South Korea. DB Schenker’s leading expertise and broad range of capabilities, specifically in automotive logistics is credited for the ongoing collaborations and confidence between the companies.

“DB Schenker presented the PDC solution that was comprehensive and that made the most sense for us,” Fremis said.

“They understood the service levels that we needed to achieve, and even brought in the project manager from the Porsche South Korea implementation to support our project,” he added.

“Our team in Canada is thrilled to be part of Porsche’s growing global network. We recognize our role as a crucial link to improve the “Driver Experience” by delivering world-class service. Ultimately, we intend to deliver on our mission to become our clients most trusted and valued supply chain partner.” says Brad
Samson, Site Manager DB Schenker Canada.

quantam computing

GlobalData Discusses Quantam Computing and its Impact on Auto Manufacturing

As artificial intelligence continues making news headlines in a variety of industries, GlobalData experts released statements from Volkswagen’s Data Lab team lead, Dr. Marc Hilbert about the risks and opportunities presented. In his statements, Dr. Hilbert addresses specifics relating to quantam computing in the automobile manufacturing sector.

“Security is definitely necessary. I think it’s very important specifically for Volkswagen because I think if you’re not compliant, if you cannot say that our things are safe, you will lose the trust of the consumer. So compliance is something that we are working on also with machine learning, and anonymization, so hiding your personal data within the car. So there’s nobody who can say that this is you, but we still have enough information to understand.”

Quantam computing is on the radar for many industry players as a potential emerging trend. Technology innovations and game-changers alike pose unique sets of challenges and potential solutions, and of course, associated risks.

“Traffic optimization is one of the use cases we’re looking at in terms of quantum computing. Because we think that quantum computing will be one of the emerging technologies which will have a big step in terms of machine learning, in terms of data analysis, and so on. And there are companies like D wave, IBM and Google, which tried to build the computer. So this is one aspect to actually get closer to a solution,” he adds.

“The Volkswagen group is coming from a different point of view. What we try to do is find problems in the real world. What we have today with our customers is traffic jams. We tried to translate this kind of questions in a way that a quantum computer can understand it. And we try to bring those two things together to identify aspects where we can use quantum computing in the next step. So this is our task in the data lab,” Hilbert concluded.

To read the full article, please click here.

usmca

Sizing up the USMCA Compromise Package – How Various Industries Will be Impacted

On December 10, Speaker Nancy Pelosi, the Trump administration, along with leaders in Mexico and Canada, announced a compromise to the new North American trade deal, known as the U.S. Mexico and Canada Agreement.  Eleventh-hour concessions by the Administration and Mexico are likely to result in a win for labor, President Trump, and ultimately market stability.

The final deal gives Democrats in Congress a few big wins in the pharmaceutical and labor industries, as well as environmental standards, and gives President Trump the victory of having his new trade deal on the path to ratification by all countries involved. Canada managed to receive much of what they requested, despite the slight opening of the Canadian dairy market to U.S. producers.

One of the biggest changes from the original draft USMCA in the compromise trade agreement is the negotiated labor monitoring and penalties for noncompliance. While the original draft required Mexico to change its laws to make it easier for workers to unionize, the compromise created an interagency committee that will monitor Mexico’s labor reform, established benchmarks and penalties for Mexico’s labor reform process, and established labor attachés in Mexico for on-the-ground reporting about Mexico’s labor practices.

Below is an outline of the changes to the USMCA – the House is expected to vote on the deal next week, though the Senate will likely not address the bill until the impeachment process has concluded:

For workers, language was removed that made it difficult to prove that trading partners are not protecting workers from violence in their respective countries. Now, Mexico has agreed to a “rapid-response labor mechanism” (see ANNEX 31-A) that allows independent, multinational three-person panels to investigate Mexican factories. Mexico, too, can have a panel investigate factories in the U.S. If a violation of union rights is found, a complaint can be filed, and the country making the accusation can determine the period of time that the accused county can have to address the concern. Provisions against Forced Labor also remain strong in the agreement. The deal is expected to also create 176,000 new jobs in the U.S. (See Article 23.3-23.4, ‘Labor Rights.)

For the environment, Democrats have promised that the deal has an added commitment that all the countries will have seven multilateral environment agreements (MEAs), alongside language that will allow the list to grow over time. Provisions include prioritization and monitoring of MEA commitments, and maintain and strengthen the protection of endangered species, the Montreal Protocol, prevention of pollution from ships, regulation of whaling, protection of the Ozone Layer and more (Article 1.3 Amendment and Article 24.9 Amendment)

For the pharmaceutical industry, the deal’s former provision that gave biologics a 10-year exclusivity period on the market is now entirely taken out. Democrats argued against the exclusivity period, concerned it could increase the cost of drugs, and succeeded in eliminating language that allows patent evergreening – when brand-name drug manufactures extend patents an additional to maintain power in the market when a new or related drug is created. (See the deletion of Article 20.49 ‘Biologics’)

For the internet, a Democratic concession led to maintained protections in the USMCA for technology companies, giving legal immunity for content posted by their users, as well as legal protections when these companies seek to moderate platforms. These provisions remain the same from Section 230 of the Communications Decency Act of the USMCA.

For the steel industry, while the deal already exempted the Canada and Mexico from steel and aluminum tariffs, the revised agreement has strict rules of origin in the automotive industry. The deal states that seven years after entry into the USMCA, all steel manufacturing must occur in one or more of the countries involved, except for the refinement of steel additives. Ten years after the agreement, the countries will consider appropriate requirements in the interest of all parties for aluminum to also be considered. (See Chapter 4, ‘Rules of Origin’)

For Canada and dairy, the U.S. will be able to export 3.6% of Canada’s dairy market, currently at 1%. Dairy companies in the U.S. can sell their products into Mexico duty-free, with access to common-named cheeses, while Canada is opening its market with more duty-free quotas for U.S. dairy products. The deal eliminates Canada’s 6/7 milk pricing system, and holds Canadian export of dairy to the standards of international trade rules.

And for the auto industry, in order to avoid tariffs, a car or truck must have 75% of its components made in the U.S., Mexico or Canada, up from 62.5% today.  Also, workers making the cars or trucks, at least 30% of the work, must be earning at least $16 an hour. By 2023, that number is 40% of the work done on cars.

With the United States positioning itself to negotiate several more trade deals, labor hopes that these last-minute changes set a benchmark for labor standards and enforcement moving forward and, likewise, the President hopes it demonstrates he can close a major trade deal.

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Note: Ryan Bernstein, formerly chief of staff to Senator John Hoeven (R-ND) is a senior vice president with McGuireWoods Consulting federal public affairs group.Mariam Eatedali is a research associate at McGuireWoods Consulting; she previously consulted with former representatives and senators to address foreign economic and diplomatic concerns while she was a fellow for the U.S. Association of Former Members of Congress

automotive

Automotive Industry Cyber Attacks: Trends and Threats to Watch Out For

A report released from Upstream Security estimates the automotive industry is at risk for losing $24 billion within five years all due to cyber hacks. The company specializes in cloud-based security and took reported cases at a granular level to understand cyber threats and trends to combat in 2019.

The findings were confirmed through a study conducted that analyzes over 170 cyber cases reported between 2010-2018. The study also revealed different ways hackers attack including physical and long-range and wireless strategies.

“With every new service or connected entity, a new attack vector is born” said Oded Yarkoni, Head of Marketing at Upstream Security. “These attacks can be triggered from anywhere placing both drivers and passengers at risk.

“Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues. The risk is immense. Just one cyber-hack can cost an automaker $1.1 billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023.”

Key highlights from the report include:

-Back-end application servers are directly involved in 42 percent of automotive cyber security incidents

-Tier 1 suppliers, fleet operation, telematic service providers car sharing companies and public/private transportation providers are experiencing increased threat rates for cyber security issues.

-Multi-layered security tactics such as in-vehicle, automotive cloud security and network security are recommended to reduce risk.

-Fraud and and data privacy are primarily impacted by the two new cyber attack methods.

To read the full report, visit Upstream Security.

Source: Upstream Security

Digital Dealer Conference: Automotive Education Highlights

Each year, the automotive business sector provides dozens of learning and networking opportunities through industry-related conferences and expos. The Digital Dealer Conference & Expo is no exception when it comes to enabling attendees with the latest in resources, industry trends, and business solutions. Additionally, the conference provides executives from the country’s top 100 dealerships for counsel and education.

This year’s expo will be held in Orlando, Florida from April 9-11 and will focus on industry best practices, new technologies, building custom business solutions. Additionally, the event grants the opportunity for expert advice from keynote speakers and business development sessions.

Automaxx of the Carolinas owner and founder Johnny Dangerfield can attest to the conference’s success and support for the industry and executives as a whole, by adding that the company, “Attends Digital Dealer Conference & Expo twice a year for insight into the most innovative industry technologies and business techniques. Digital Dealer Conference & Expo has been incredibly beneficial for us at Automaxx, especially in recent years.”

“Attendees may choose from well over a hundred educational sessions fronted by top executives, consultants, and trainers, demoing the latest products and services from countless technology-focused automotive product and service providers.

“Additional carefully tailored support surrounding dealer operations and management, sales strategy and variable operations, and marketing and advertising are also on offer, all of which have proved to be incredibly useful for us at Automaxx of the Carolinas based on attending past events. As such, we’re looking forward to Digital Dealer Conference & Expo 26 which is due to be held in Florida this April,” Dangerfield said.

Automaxx of the Carolinas is a Summerville-based, independent automotive dealer and leads the South Carolina automotive region by annual sales volumes.

Source: EIN Presswire 

CML BREXIT FORUM FOCUSES ON CUSTOMER SUPPORT

The UK’s leading warehouse and logistics expert, Core Management Logistics, hosted a customer-focused education forum surrounding potential impacts and risks to come from the current Brexit situation. More importantly, the forum shared insights on identifying how it will impact logistics operations to prepare industry leaders maintain successful initiatives.

The six-hour, Oct. 31 event at the Hinckley Island Hotel included a panel of 17 experts, seven representatives from CML and more than 20 delegates who are CML customers from caterers, fashion brands, automotive companies and more.

“With a lot of uncertainty surrounding Brexit, we wanted to ensure our customers are fully educated and informed on the impact that this may have on the industry,” commented Kerry Delaney, CML’s commercial director. “Our panel of experts were excellent and were able to shed a lot of light on various different topics surrounding Brexit.”

James Thorpe, Freight Business Unit manager at CML, reports feedback was positive. “One attendee said it may even change his whole approach to his plans for Europe expansion.”

Brexit Change Specialist and panel speaker Amelia Bishop added:

“We were very proud to be supporting Core Management Logistics of Lutterworth in their Brexit Forum Event – fantastic and how proactive!  CML want to help their clients with Brexit by getting their questions answered and ensuring they get the support they need through the coming months and years. Make sure you’re not one of the 62% sitting on their heels and protect your business and customers like CML are!”

Source: Core Management Logistics