Emerging Trends in the Automotive Sector

IdeaScale

Perhaps no industry has been as proprietary about their intellectual property as the automotive sector where their product development is their competitive edge. However, no matter what automotive company you work for, there are some emerging trends that will impact your roadmap.

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

Spigit's 2018 State of Crowdsourced Innovation Report

to automotive. THE 2018 STATE OF. CROWDSOURCED. INNOVATION. REPORT Methodology Spigit’s 2018 State of Crowdsourced Innovation Report. is based on quantitative and qualitative data from an. online survey fielded in February 2018. The report also.

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 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 Need for Open Innovation in the Automotive Industry

Innocentive

To achieve this in the automotive industry, a commitment to innovation is essential. Automotive Original Equipment Manufacturers (OEM) have historically invested heavily in building internal R&D capabilities. Acclaimed Czech author Milan Kundera once commented that, “Business has only two functions - marketing and innovation.”

2017 Business Innovation Report

In the automotive world, Tesla recently surpassed Ford as. HOW THE WORLD'S BIGGEST BRANDS. HARNESS THE COLLECTIVE. INTELLIGENCE OF EMPLOYEES, CUSTOMERS, AND PARTNERS TO. ACCELERATE INNOVATION THE 2017 BUSINESS INNOVATION REPORT © 2017 Spigit Corp. All rights reserved. Spigit and.

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

A New Way of Thinking About the Automotive Industry

Qmarkets

Recent trends suggest that the automotive industry might be next on Silicon Valley's disruption list. Or might the Valley just have a drastically different idea of the future of the automotive industry?

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.

Reinnovation of the Major Automotive Players Through Eco Systems, Openness and Platform Design

Innovation 360

Not long ago, it would have been absolutely out of the question to think that large car manufacturers would corporate closely with their arch-rivals, likewise it was not comme il faut to encourage co-ownership with other industry players, such as consumer goods manufacturers (the automotive players typically play the role of predator buying others’ shares and then dictating their terms and conditions in other industries). Blog Uncategorized Automotive

A New Way of Thinking About the Automotive Industry

Qmarkets

Recent trends suggest that the automotive industry might be next on Silicon Valley's disruption list. Or might the Valley just have a drastically different idea of the future of the automotive industry?

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

Qmarkets

With over 3,100 employees across 36 companies, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups.

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

Qmarkets

With over 3,100 employees across 36 companies, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups.

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?

What is Your Winning Aspiration?

Innovation Excellence

Leadership Strategy Automobile Industry automobiles Automotive Cars Chevrolet Chevy GM Honda toyotaA winning strategy absolutely must begin with a winning aspiration. Too doctrinaire?

Next-Generation Mobility Stratifies OEMs

Corporate Innovation

Next-generation mobility will not only impact the automotive OEMs, but also the companies that today provide the first generation of mobility services, such as Uber, Lyft, and Mobike. Based on such decisions, automotive OEMs are stratified.

Be Anticipatory and Go in the Opposite Direction!

Daniel Burrus

Tesla has been revolutionizing the automotive industry since 2003 by heading in the opposite direction from all the other car manufacturers. Tesla’s use of its batteries in a non-automotive setting isn’t just a way to put batteries to new use. Everyone knows what a battery does.

Exploring Adjacency in Innovation & Technology Scouting

Yet2

Adjacency in the Automotive Industry. For example, look at the automotive industry. automakers didn’t explore adjacent regions and industries, they’d be limiting themselves to sourcing technology and innovation to (mostly) companies in and around Detroit and those in the automotive supply chain. But who would have thought that a wearable device made sense for an automotive company? Insight automotive industry Innovation tech scouting Technology Scouting

A Look Back at Three Innovations that Have Changed Our Lives

InnovationManagement

Enabling Factors automotive industry gutenberg invention sewing machineNowadays, the words “innovation” and “creativity” get thrown around a lot in the business and academic world. But the road to making successful innovations is filled with challenges, opportunities taken or missed, and plenty strikes of luck. Often, people invent machines to face a recurrent problem. These inventions, in turn, spawn other inventions and innovation.

A new value chain for next-generation mobility

Corporate Innovation

ACE vehicles and on-demand mobility will cause three major shifts that can lead to the disruption of the automotive and transportation industries: a consumer shift, an automotive industry shift, and a mobility services shift. This may be an existing automaker or one of the new outsourced automotive manufacturers (e.g., Autotech Big Data automotive innovation automotive value chain Big data Driverless Vehicles next-generation mobility on-demand mobility

Analysis Of The Next-Generation Mobility Value Chain

Corporate Innovation

Whereas the automotive OEM dominates the first value chain, the Fleet Operating Company (FOC) will dominate the new value chain. Autotech Big Data automotive innovation Driverless Vehicles next-generation mobility on-demand mobility value chain

The Digital Tsunami

InnovationManagement

Column & Opinion 4G 5G AI automation automotive industry big data china connected car cyber-security cyber-war digital era digital platform disruptive technology driverless cars europe finance fintech global market globalization healthcare IoT IT mobile open source Platform Disruption privacy smartphone social media switzerland technology transformation

Monetizing Big Data in Next-Generation Mobility

Corporate Innovation

Automotive OEMs will definitely offer vehicles with Level 4 and Level 5 driving automation initially at their high-end models, and, as the price of the components that comprise the autonomy platform drops, to lower-price models that target broader segments of the market.

Are You Looking Everywhere for Your Ideas?

InnovationManagement

Lots of industries care about intellectual property and proprietary information, but perhaps none more so than the automotive industry where product development is seen as the competitive edge. Strategies chunking idea management IdeaScale magneti marelli open innovation process prototyping testing

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.

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.

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.

Entrepreneurship and Innovation in the Auto Industry

Innovation Excellence

Much like the smartphone allowed tens of thousands of entrepreneurs create remote service centers and a new type of maintenance offering; and facilitate the automotive Internet of Things that will connect those cars to the rest of the world.

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.

The "Hundred Club", Surviving the Innovation Business in a Long-Term Run

Hype

They are amongst the top companies in the world in this market and are also significant players in the expanding and exciting world of automotive electronics, playing a key role in developing driverless car possibilities. N ext time you switch on your TV or computer display spare a thought for the company who probably produced the liquid crystal display. With over 60% of the global market the German company Merck is probably not one which would instantly come to mind.

Future Squared Episode #137: Our Driverless Future with Evangelos Simoudis | Collective Campus

Collective Campus

In this podcast, we welcome back Evangelos Simoudis, a recognized big data expert and corporation innovation, to cover topics such as drivers of automotive disruption, the impact of urbanisation on vehicle ownership and use, implications for auto insurers, and other similar subjects

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.

The Most Exhaustive List of Corporate Innovation Spaces in Metro Atlanta

Your Ideas are Terrible

Panasonic Automotive Systems Company of America, Innovation Center. We’re still smoothing out details with Guinness World Records, but confidence (and an intense Google search) lets us claim the most comprehensive list of corporate innovation spaces in the Metro Atlanta area.

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

Open Innovation Success Stories in the Car Industry

IdeaConnection

In this post, we highlight a few success stories where open innovation has helped to give the automotive industry a boost.

How Carbon Fibre really works

Idea to Value

The clearest example of this is in the Automotive industry, where the move to Electric Cars has necessitated innovations to bring down the weight of the overall cars in order to improve how far the limited battery capacity can drive them.