Digitization and digital transformation have become
increasingly important in recent years and have reached the
point where successfully leveraging digital could be the
difference between success and failure in business.
Projections show the global digital transformation market will
grow to $1.1 trillion by 2025. That impacts many industries,
from healthcare and technology to media and retail.
Automotive, too.
Advances in areas such as autonomous driving, virtual
showrooms and predictive maintenance are revolutionizing
the vehicle sector. Managing asset risk via digital auditing is
another factor driving change, meaning physical asset
auditing may become a thing of the past.
David Mercer,
Head of Digital Auto Finance
at Sopra Banking Software
Reading time
7 minutes
