What Are Intelligent Assets and Why do Businesses Need Them? Data surrounding intelligent assets is exploding. This information is priceless, but only if it can be correctly analyzed and put to use. As a result, companies that have intelligent assets can naturally make wise business decisions.

Ellen MacArthur Foundation defines intelligent assets as tangible objects that can sense, communicate and record information about themselves and their surroundings. This definition encompasses IoT objects, items without wireless communication,…

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How Automobile Marketers Are Leveraging Metaverse Many industries are slowly experiencing the benefits of the metaverse, with one of them being the automobiles sector. Leveraging VR in automobile will allow companies to market their cars in a much more immersive and exciting way.

Metaverse has become the prime topic of discussion in technology and business circles. All industries are using it as a platform to position themselves on the top of the grid…

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4 activities that Automakers Can Digitize Now Digital automaking in the automobile industry is supported by technology-driven trends, new consumer needs and new developments in artificial intelligence. Manufacturing, procurement of raw materials, marketing and sales are factors involved in this change.

  Digital automaking is a process that combines simulation, three-dimensional visualizations, analytics and several tool partnerships to make automotive manufacturing easier. Since the automotive industry has been undergoing a digital…

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Why it is Time for Automakers to Step into the Digital World Digitalization in the automotive industry is no longer a choice, but a necessity if an automobile manufacturer wants to stay ahead of the curve. Benefits range from increased competitiveness and market expansion to enhanced customer experience and supply chain optimization.

  Automated factories, electric vehicles, and autonomous cars — are some major disruptions in the automotive industry. As this industry faces disruptive transformation, digitalization in the automotive industry is not…

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3 Problems That Only Virtual Dealerships Can Solve Virtual dealerships allow businesses to provide high-quality immersive content to customers and give them realistic experiences of sitting in different models from the comfort of their homes.

The onset of COVID-19 sent shockwaves through not just the automobile industry, but the entire global economy. Reasons such as lockdowns, social distancing, employee layoffs, and shut-downs in manufacturing units…

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4 Ways Your Business Can Benefit from a Virtual Dealership in the Metaverse Being a car dealer requires enhanced selling skills. Your business needs to be positioned to cater to the target audience and attract potential buyers. Integrating your virtual dealership with the metaverse can be a much-needed force in driving sales.

Car dealerships have come a long way from just being a brick and mortar shop. With the world going digital, relying on just a physical presence is not enough. Automakers…

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Switching Gears between the Real and Virtual World: Selling Cars in the Metaverse Diverse industry sectors are experimenting with integrating the metaverse into every aspect of the industry. The automobile sector is also on the verge of a transformation with the adoption of VR in automobile operations.

The use of VR in automobile manufacturing and integration of the digital environment in the automobile industry is transforming the car buying experience. Potential vehicle buyers would usually return home…

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