BMW develops data hub with Amazon Web Services

BMW has developed a data hub with Amazon’s cloud computing division, in a sign of how companies are increasingly using big data technology to try to boost efficiency.
BMW
“We want to switch from gut-driven decisions to data-driven decisions,” said Kai Demtroder, vice president of data transformation at BMW. “We have a few hundred data scientists at BMW, but the aim is to make the data accessible to everyone.”

Demtroder said BMW’s cloud data hub proved its value as the COVID-19 pandemic began to affect auto production in the spring, as data from Amazon Web Services (AWS) enabled the German carmaker to see which supplier plants had problems, Reuters reported.

“This was a clear case where we had all the data and we could use it immediately to respond to the crisis,” he said.

BMW and AWS have been working together since 2015 and have spent the last year and a half jointly developing the carmaker’s data hub.

Up to 5,000 BMW employees will also be trained to use AWS technologies to make better use of data.

The hub will use artificial intelligence (AI) and machine learning to predict consumer demand for BMW vehicles so the carmaker can order the right parts from suppliers, comply with regulations across different markets and automatically check requirements needed to design new vehicles.

The market for cloud storage services is expected to grow from $50.1 billion this year to $137.3 billion by 2025, according to market research firm MarketsandMarkets.

Last week, BlackBerry and AWS said they had developed a cloud-based software platform designed to help automakers and suppliers standardize vehicle data.

0 0 votes
Article Rating
Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Tencent Cloud Growth Accelerates as AI Investment Soars 176% and Domestic Games Revenue Jumps 17%

Tencent is accelerating its transformation into an AI-powered technology...

Global Cloud Infrastructure Spending Jumps 43% to $143.4 Billion as GenAI Cloud Services Surge 165%

Enterprise spending on cloud infrastructure services surged to a...

AWS Revenue Jumps 37% to $42.2 bn as Amazon AI and Cloud Businesses Cross $25 bn Run Rates

Amazon Web Services (AWS) delivered its fastest growth in...