For automotive suppliers, data is a virtual lubricant

The question of whether data is the new oil can be read and answered in numerous ways. Some may prefer to reference the important role data will play in allowing future connected and autonomous vehicles (AVs) to function on the road.

Others may choose to approach the question from a monetary angle and speak of the new revenue streams data has opened. However, one interesting perspective posed by the question has a much more literal conclusion: data is acting as a virtual lubricant.