Convergence in the automotive industry refers to the integration and harmonisation of various technological, economic, and market forces that are reshaping the landscape of the sector. This phenomenon is characterised by the blending of traditional automotive manufacturing with advanced digital technologies, sustainable practices, and new business models.
As the lines between the automotive industry and other sectors such as technology, telecommunications, financial services, and energy blur, the industry is experiencing a transformation that presents both challenges and opportunities. This convergence is driving innovation in areas like electric vehicles [EVs], autonomous driving, connected cars, and shared mobility solutions. For South Africa, this global convergence holds significant implications. It offers the potential to enhance competitiveness, drive economic growth, and create new career and business opportunities within the automotive value chain. By understanding and leveraging these converging trends, South Africa can position itself as a key player in the evolving global automotive landscape.
Navigating Digital Convergence and the Innovation Tsunami in Gearing South Africa for the Future
Discover how these transformative forces are reshaping the South African automotive landscape and explore visionary strategies for leading through change and preparing for the future. This session is essential for anyone looking to understand and navigate the dynamic shifts in the industry.
Gain insights into the cutting-edge practices of managing innovation and scaling new business models within the automotive sector. This presentation will highlight strategies for establishing innovation across multiple economies and industries, providing practical approaches to drive growth and competitiveness in a rapidly evolving market. Learn how to foster a culture of innovation and leverage emerging opportunities.