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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. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. There is much less conversation about the fifth dimension.

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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. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. There is much less conversation about the fifth dimension.

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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. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. There is much less conversation about the fifth dimension.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

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. Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Interactions are complex and unpredictable.

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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

One recent example for strategic complementarity is the announced partnership between GM and Lyft. It will become a hotbed for innovation in 2016 and the coming years. Indeed, BCG research shows that big data leaders generate 12 percent higher revenues than those who do not experiment with big data.

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How China Creates the Strongest Innovation System

The BMI Lab Blog

Massive investments, a huge market and the hiring of worldwide talent has boosted the Chinese innovative ecosystem. For instance, in Q3 2017, Tencent, the Chinese Internet company that developed WeChat and QQ, overran Facebook in terms of market value. China is the best example for that! A great example of that is BYD.

System 58
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Automakers Must Partner Around Big Data

Corporate Innovation

Tesla has taken a lesson from Apple, Google, Facebook and Amazon, four companies that obsess about connecting pieces of data and using it to better understand their consumers and tailor their services to provide the right experience. Tesla has also hinted they may enter this market.