Automotive sector

Is the automotive industry in the early stages of a cloud investment boom?

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The auto industry is seeing changes in cloud investments across several key metrics, according to an analysis of figures from GlobalData.

The cloud is one of the key themes for global industries, with top companies around the world entering into cloud deals, hiring cloud jobs and mentioning it in company reports in early 2021.

GlobalData’s thematic approach to industry activity seeks to aggregate key company information on hiring, agreements, patents and more by topic to see which industries are best positioned to weather the disruption ahead. .

These themes, of which the cloud is a part, are best viewed as “any issue that keeps a CEO from sleeping at night,” and by tracing them it becomes possible to determine which companies are leading the way on specific issues and which are dragging their heels. .

One area where there has been a decrease in cloud investment among automakers is the number of transactions. Figures from GlobalData show that there were 12 automotive cloud transactions in the second quarter of 2019. In the second quarter of 2021, that number was seven.

Hiring patterns across the automotive industry as a whole indicate an increase in the level of attention paid to roles related to the cloud. In the second quarter of this year, 2,373 auto vacancies were actively advertised, up from 491 in the same quarter last year.

An analysis of keyword mentions in financial records also shows that the cloud occupies the minds of car manufacturers to a lesser extent.

The cloud was mentioned in seven corporate reports from the largest auto companies in the second quarter of 2021. This figure represents a decrease from the same period in 2019, when 23 industry files mentioned the cloud.

The cloud is less and less fueling innovation in the automotive sector. On average, 534 cloud-related automotive patents were granted in the second quarter of 2019. This figure fell to 236 patents in the last quarter of 2020.