Business // Choice of a business using AI (D6)
Choice of a business using AI (D6)
The efficiency of automobiles primarily relies on the technology used before their production and consumption. In the last decade, companies were able to harness the benefits of information technology or IT with their incorporation of information systems through the critical support offered by the Internet especially in the areas of production. These companies have found the means in the aspect of trimming down workloads and achieving efficiency among their products. Business organizations have devised a few strategic information systems initiatives that have the capability of addressing their information needs providing them the edge in the various aspects of research and development or R&D, engineering, external and internal communications, and customer service. Aside from the Internet, several technologies like wireless communications, robotics and artificial intelligence were developed throughout the years which were also tapped by some multinational companies to improve their services and the way they do their businesses (Mitroff and Linstone, 1993).
The fast-paced change in technology could affect the manner of operation of automobile companies. Cost, complexity, and time of development were issues that need to be taken in consideration when talking about the changes in technology. As such, the present competitiveness in the business environment could influence the research and development function of the firm to obtain economic efficiency and to critically analyze whether in-house development could be considered as the most efficient manner of operation (Henry and Mayle, 2002). Technological changes could directly affect the strategic decision making of information systems for auto companies in several ways. First and foremost, would be the natural life cycle of various technological products as some of them may have shorter life span like laptops, computers, products for automation and even robots forcing companies in the industry of automotive to be hesitant in applying these technologies. Some technological decisions made by companies include the replacement of its Wingcast with the Bluetooth technology and the use of C3P (Computer Aided Design, Computer Aided Manufacturing, Computer-Aided Engineering, and Product Information Management) in production (Tipton and Krause, 2003).
Advances in technology also allow automobile companies to offer its customers the 3-valve technology that paves the way for the improvement of the performance and efficiency of modular V8, variable cam timing, usage of navigation systems, employment of GPS or Global Positioning System Antennas, use of the system called SecuriLock Passive Antilock and the satellite radio. Auto companies were able to introduce a Hy-Wire prototype car, a type of car that combines both drive-by-wire systems and fuel cell propulsion with an exceptional type of chassis that made Ford the leader in the automobile industry in product diversity.
The application of wireless real time locating system also allows a car manufacturing company to monitor its inventory with the utilization of tags with low power radio frequency and network of communication that provided capabilities to the firm to easily access relevant information. Engineering capability and research and development are aimed at improving the performance of manufactured automobiles (including the efficiency of fuel), customer satisfaction, safety, and the development of new products. With the focus of companies on engineering and R&D capabilities, global demand for light HEVs or hybrid electric vehicles is predicted to grow to 4.5 million units by the end of 2013. Factors of these increases in demand can be attributed to the increasing costs of energy and the increasing regulations related to emissions. The United States is predicted to largely demand for these types of vehicles at about five million units since 2013. Global environmental problems are expected to take their role in the development and growth of hybrid electric vehicles.
References
Henry, J., & Mayle, D., 2002. Managing innovation and change. London:SAGE.
Mitroff, I. & Linstone, H., 1993. The Unbounded Mind: Breaking the Chains of Traditional Business Thinking. Oxford University Press: New York.
Tipton, H., Krause, M., 2003. Information Security Management Handbook. Volume 3. CRC Press.
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