Intelligent diagnostics could save billions on vehicle warranties and recalls

Knowing which parts are due to fail and when could yield cost savings for all automotive stakeholders. By Jack Hunsley

Data is a powerful tool for all industries and automotive is no exception. Though it can enrich a wide variety of applications and services, one particular area of interest for automakers and suppliers is its use in predicting how and when a component or system could fail.

Though being able to forecast when such a failure occurs can bring value to numerous metrics including customer satisfaction and retention, perhaps of most interest to manufacturers is cost savings.

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