What will the highways of the world look like in five or 10 years’ time and what will this mean for the future of the automotive industry, not to mention the thousands of businesses in multiple industry sectors that supply them? For many, the hubbub in the media and among industry observers over electric vehicles drives an image in our imaginations of a world humming quietly to the sound of electric cars whizzing us happily to our destinations. It is a vision of more efficient journeys, clean air and a quieter environment.
Oxford Economics worked with IBM's Institute for Business Value in mid-2016 to field a survey among 1,502 C-suite executives in a range of roles around the world. As the cognitive era dawns, outperformers in the industry are rethinking insurance by applying technologies that understand, reason, learn and interact to improve the way insurers do business.