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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Because of problems such as pollution, climate change and loss of productivity due to long commute times, consumer attitudes towards car ownership and use are changing. Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Because of problems such as pollution, climate change and loss of productivity due to long commute times, consumer attitudes towards car ownership and use are changing. Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs.

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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

Furthermore, companies that have a dominant role in an industry and can collect a high volume of data are more likely to be successful with the Data as a Service business model. Facebook , the social network platform, offers a wide variety of user data anonymously to third-party providers and software development companies.

Data 52
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A New Way of Thinking About the Automotive Industry

Qmarkets

Dan Akerson, retired CEO of General Motors, recently commented on Apple's alleged entrance into the automotive market with the following remarks: "We take steel, raw steel, and turn it into a car. While car sales in other markets, such as China, are still growing, a look at cities, here too, signals that this trend won't hold for long.

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7 Habits of Highly Innovative Companies

ITONICS

Nevertheless, many market participants still face the enormous challenge of figuring out the blend of all necessary elements and the right mix for a successful innovation process. Bezirk , a startup of crack engineering team inside Bosch figured that retail IoT is a great market that needs personalization. Innovation. Fail forward.

Company 57
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/.