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Digital transformation in the automotive industry: Creating new business models where digital meets physical

Individuals and businesses alike are embracing the digital revolution, utilizing mobile interactive tools to communicate, make decisions and facilitate purchases. Impacting virtually every industry, this global trend is certainly top of mind for automotive companies. As they rethink what customers value most and create operating models that take advantage of new possibilities for competitive differentiation in areas such as connected vehicles and mobility services, the most pressing challenge for auto companies is how fast and far they can go on their path to digital transformation.