target audience: TECH BUYER Publication date: Dec 2023 - Document type: IDC PeerScape - Doc Document number: # EUR151419923
Practices to Drive Sustainability Through Technology in the European Automotive Industry
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Abstract
This IDC PeerScape describes practices to drive sustainability in the automotive sector with digital technologies. This document outlines three practices:
- Leveraging distributed ledger technologies (i.e., blockchain) and product passports to enhance sustainability in the battery supply chain
- Using virtual simulation and extended reality (XR) technologies to drive sustainable design and optimize production planning
- Implementing upskilling and reskilling initiatives around digital skills and leveraging digitally enabled learning platforms to provide training in a sustainable and efficient manner
"European regulations are driving automotive companies toward a more sustainable path, leading to large-scale transformation of the industry. While organizations very often see the transition toward a more digitalized, electrified, and both socially and environmentally less harmful automotive landscape as a costly compulsion, with the right technologies, partners, and timing, it is rather an excellent opportunity for them to rise above their competitors." — Zsolt Simon, senior research analyst, IDC