Trending Sources

The Future of Automotive Industry

Rmukesh Gupta

There is a lot going on in the automotive industry, specifically the car segment. These are my thoughts on the future of automotive industry. I will use cars as an example to detail out the challenges that the industry faces.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. Information in EAC+MS implies big data and incumbents in the automotive ecosystem must become serious about big data. Newcomers to the automotive industry such as Google, Tesla, Faraday Future, and likely Apple, but also Uber, and Lyft, realize this imperative. Big Data Innovation automotive innovation Big data corporate innovation

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. Information in EAC+MS implies big data and incumbents in the automotive ecosystem must become serious about big data. Newcomers to the automotive industry such as Google, Tesla, Faraday Future, and likely Apple, but also Uber, and Lyft, realize this imperative. Big Data Innovation automotive innovation Big data corporate innovation

The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. Newcomers to the automotive industry, e.g., Google, Tesla, Uber, but also startups like Faraday Future, Atieva, Renovo Motors and Divergent Technologies, have realized the importance of big data and associated analytics and have been creating detailed strategies as they stated to design their vehicles and associated mobility services.

The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. Newcomers to the automotive industry, e.g., Google, Tesla, Uber, but also startups like Faraday Future, Atieva, Renovo Motors and Divergent Technologies, have realized the importance of big data and associated analytics and have been creating detailed strategies as they stated to design their vehicles and associated mobility services.

5 Industries with the Most Innovative Companies

InnovationManagement

Trend Alert augmented reality automotive industry biotechnology brainstorm clean energy healthcare IoT pharmaceutical technology Tesla trendHave you ever wondered where great ideas come from?

4 Surprising Ways that Corporate Innovators Can Outsmart and Outrun Failure

Rocketspace

Despite limited resources, startups are unbundling billion- and trillion-dollar industries like consumer packaged goods, healthcare, automotive, and real estate, just to name a few. “In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish," says Klaus Schwab , founder and executive chair of the World Economic Forum.

Automakers Must Partner Around Big Data

Corporate Innovation

The exploitation of big data that is generated by vehicles, consumers and companies across the entire automotive value chain must become a key competence of all automakers. The future of the automotive industry and, by and large, of the entire transportation industry , continues to generate strong debate and differing visions. As the automotive industry opens up to accommodate more mobility services, walled gardens will fail in the same way they failed in the telco industry.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 3)

Corporate Innovation

In a previous post I wrote about the disruptive innovations that have been introduced by Tesla Motors (Tesla) and Uber and presented the steps the automotive industry should be taking in order to address the startup-driven disruption. Disrupting the Automotive Industry is Expensive.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 3)

Corporate Innovation

In a previous post I wrote about the disruptive innovations that have been introduced by Tesla Motors (Tesla) and Uber and presented the steps the automotive industry should be taking in order to address the startup-driven disruption. Disrupting the Automotive Industry is Expensive.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. Information in EAC+MS implies big data and incumbents in the automotive ecosystem must become serious about big data. Newcomers to the automotive industry such as Google, Tesla, Faraday Future, and likely Apple, but also Uber, and Lyft, realize this imperative. Big Data Innovation automotive innovation Big data corporate innovation

The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. Newcomers to the automotive industry, e.g., Google, Tesla, Uber, but also startups like Faraday Future, Atieva, Renovo Motors and Divergent Technologies, have realized the importance of big data and associated analytics and have been creating detailed strategies as they stated to design their vehicles and associated mobility services.

10 Industries The Internet of Things Will Change Forever

Game-Changer

Automotive. Changes in the current automotive market are already transforming automakers into technology companies, and the IoT will accelerate that change even more. According to McKinsey, linking the physical and digital worlds could generate up to $11.1

Automakers Must Partner Around Big Data

Corporate Innovation

The exploitation of big data that is generated by vehicles, consumers and companies across the entire automotive value chain must become a key competence of all automakers. The future of the automotive industry and, by and large, of the entire transportation industry , continues to generate strong debate and differing visions. As the automotive industry opens up to accommodate more mobility services, walled gardens will fail in the same way they failed in the telco industry.

Monetizing Personalized Transportation Experiences by Exploiting Big Data

Corporate Innovation

Both shows will serve as venues for the automotive industry to showcase Autonomous Connected Electrified (ACE) vehicles and new Mobility Services. These innovations and the emerging model are creating two challenges for the automotive industry. As a result, of the potential negative impact, the automotive industry in particular is searching for new high-margin, long-term revenue opportunities.

Sufficiency as the ultimate business strategy for sustainability?

Norbert Bol

Riversimple – automotive manufacturer and car lease service: reducing impacts of automotive solutions. When companies are innovating for sustainability there are different strategies that can be pursued. In general these strategies aim to create positive benefits and/or to reduce negative impacts for society and nature. However all economic business models are still based on the stimulation of consumption.

Should a car be able to decide who to kill and who to spare?

Idea to Value

Daniel Hirsch , an automotive expert at PA Consulting asks: “A child runs on the street and the car has only two options — killing the child or killing the old, cancer-suffering driver.”. Inevitably, and unfortunately, sometimes when there are big innovations which work with both humans and machinery, there will be fatalities. This week, the first known fatality happened with something that will be affecting millions of us in a few years time: Automated driving by cars.

Monetizing Personalized Transportation Experiences by Exploiting Big Data

Corporate Innovation

Both shows will serve as venues for the automotive industry to showcase Autonomous Connected Electrified (ACE) vehicles and new Mobility Services. These innovations and the emerging model are creating two challenges for the automotive industry. As a result, of the potential negative impact, the automotive industry in particular is searching for new high-margin, long-term revenue opportunities.

When the business models shift, innovators rejoice

OVO Innovation

Then, of course, the entire US automotive industry shifted its model, from a manufacturing model to a financial model. In the last 20 years most US manufacturers made more money on the financial aspects of the automotive industry (loans, leasing, etc) than they did on building and selling, you know, their main product. There's news today that GM, that historic dinosaur of a car company, has seen the future and decided to hedge its bets.

Find your worst nightmare… and make it come true!

IdeaScale

It’s commonplace knowledge that Uber’s next big leap will be to disrupt the traffic and automotive industry by introducing autonomous driving on a big scale. Tesla is a great example for the automotive industry because it’s not a car. The next wave of disruption.

Why platforms and ecosystems matter for innovators

OVO Innovation

Brief automotive history Ford was not necessarily an "innovator" as far as the automobile was concerned, since many other entrepreneurs were building cars at the same time. Fast forward a few decades into the 1950s, as a nation wide platform (interstate highway system) and dependable ecosystem partners (gas stations, mechanics, financing for automotive purchases, government regulations and oversight) become more important.

Setting yourself apart through Innovation

Paul Hobcraft

Breaking News : “ Over the past 15 years, a portfolio of stocks based on the Innovation Leaders analysis has repeatedly outperformed all major indexes. Average return has been 14.5% CAGR and in 2016 , growth was 18.9% – significantly higher than S&P500, NASDAQ and FTSE 100.

Learn from the Best: Google’s Nine Principles of Innovation (Part 1 of 2)

Robert Brands

It was Google—not the automotive industry—that came up with the idea of the self-driving car. Exploring Google’s Successful New Product Development and Innovation Process.

The Volkswagen Scandal: The Perils of Trying to be #1

Michael Roberto

When I heard the news, I began to think about several recent scandals in the automotive industry. At one point or another over the past fifteen years, each firm has aspired to be the largest automotive company in the world. Yesterday we learned that Volkswagen it employed software specifically designed to circumvent emissions regulations. GM had the ignition switch scandal. Toyota had the acceleration problems.

Dell Technologies: Dell Client Drill-Down

Information Playground

 Each device can be deployed in a variety of business verticals: industrial, automotive, health, and oil and gas (to name a few). Over the last few weeks I've been laying out a technical vision for Dell Technologies.

Forget products, innovate your business model

OVO Innovation

Tesla is trying to disrupt automotive sales and distribution, attempting to sell directly to consumers rather than through dealers. What happens when the largest, most cataclysmic change forces known to business collide with embedded, rigid business structures and models? Which side wins, the irresistible force or the immovable object? In my post today, I'm going to answer this age-old philosophical question.

Is this really breaking the traditional model on Innovation?

Paul Hobcraft

Presently these are working on different solutions for the automotive, virtual reality glasses, agile products and services for energy, developing applications for the French Railway (SNCF for connected watches and a number of other examples outlined in the press release.

The Automation Apocalypse

Wazoku

Most speculation around job losses focuses either on manufacturing, where jobs have steadily been replaced and redefined over the past three decades, or the automotive industry, where autonomous cars make the news every second day. The robots are coming.

The Most Critical Horizon to the Success of Corporate Innovation Initiatives

Corporate Innovation

In addition to Boeing’s Business Jet business, NVIDIA’s growing automotive business that is based on the company’s GPU chips is a Type 1 example.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance. At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come.

The Most Critical Horizon to the Success of Corporate Innovation Initiatives

Corporate Innovation

In addition to Boeing’s Business Jet business, NVIDIA’s growing automotive business that is based on the company’s GPU chips is a Type 1 example.

A Major Shift for Corporate Innovation: The Impact of IoT and the Digital Economy

Innovation Upgrade

I heard about case after case in automotive, home appliances, logistics, farming, electronics, accessories and services industries. You can no longer have a serious and credible innovation strategy if you do not have a strong understanding of the digital economy and how the “internet of things” (IoT) will impact your company and industry.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance. In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues.

B2B 36

Possibly a Significant Shift in the Innovation Consulting World?

Paul Hobcraft

The firm’s innovation and transformational strategies have proven successful in industries undergoing disruptive change such as aerospace, automotive, energy, financial services, healthcare, insurance, life sciences and retail.

Report Highlights Increased Open Innovation Activity

IdeaConnection

This included worldwide patent application activity and scientific literature publications in 12 technology areas, such as aerospace and defense, automotive, biotechnology and oil and gas. Open innovation is thriving.

Innovation Outposts in Silicon Valley – Going to Where the Action Is

Corporate Innovation

This is the second in a series on the changing models of corporate innovation co-authored with Steve Blank. Steve and I are working on what we hope will become a book about the new model for corporate entrepreneurship. Read part one on the Evolution of Corporate R&D.

Innovation Outposts in Silicon Valley – Going to Where the Action Is

Corporate Innovation

This is the second in a series on the changing models of corporate innovation co-authored with Steve Blank. Steve and I are working on what we hope will become a book about the new model for corporate entrepreneurship. Read part one on the Evolution of Corporate R&D.

When past experience doesn't matter anymore

OVO Innovation

For example, disruption in the automotive industry is much more likely to come from Tesla or Google than from GM or Ford. Again, for automotive manufacturers the disrupters will come increasingly from Silicon Valley, where they are used to really rapid change and short product cycles. Today I am leading a panel at the Sports and Fitness Industry Association leadership meeting in New Orleans.

Open Innovation Challenge and the Internet of Things

IdeaConnection

Nokia’s new open innovation contest is looking for the next big IoT concepts and business models for public safety, connected automotive, industry 4.0,

6 Key Takeaways from the 2016 Chief Innovation Officer Summit

Spigit

It wasn’t until the 1950s that the first 3-point seat belt was established and seat belts became standard in vehicles, which revolutionized automotive safety. Last week was Innovation Enterprise’s Chief Innovation Officer Summit (CINO) held in San Francisco.