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 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.

Trending Sources

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

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 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 2)

Corporate Innovation

Companies in the automotive value chain are faced with a challenging future. 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.

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

Corporate Innovation

Companies in the automotive value chain are faced with a challenging future. 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.

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

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.

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

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

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.

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.

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?

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.

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

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.

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.

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.

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.

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.

Innovation and creativity: the lasting competitive advantage

OVO Innovation

Ford and the automotive manufacturers must shift their thinking from building cars to financing vehicles to providing transportation. I wrote recently about my last trip to Dubai, and the impact it had on me. Dubai is unusual because it combines a number of factors - an energetic leadership, a country and region hungry for growth and transformation, a significant investment pool, and a real "can do" spirit. Clearly things are changing quickly there, and everywhere.

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.

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.

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.

Coaching as an enabler to innovation

Wazoku

Andy Follows , Aquilae, is a former Tesla and BMW executive, currently running his international automotive finance consultancy with special focus on innovation and coaching. What is coaching, if not an enabler to innovation? Tim Urban writes for the very quirky and informative Wait But Why.

Going Lean, Again

etventure

The CEO added that since 2010 his company had invested heavily in Lean Production initiatives, working with some of the best consultants from the automotive industry – where Lean Production had first been implemented, and perfected around the turn of the millennium.

LEAN 35

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.

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.

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.

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.

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.

Scaling-Up: Crossing the Internal Chasm in Corporate Innovation

Integrative Innovation

Automotive. This article was co-written with Frank Mattes from Dual Innovation and innovation-3. The race is on for companies to find big, explorative or even “disruptive” innovation ideas. Disrupt yourself or someone else will’, it has been said.

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.