Disruption Abounds in Automotive

Sopheon

The automotive industry is facing radical disruption. The post Disruption Abounds in Automotive appeared first on Sopheon. Blog Infographics Innovation automotive industry automotive innovationHow manufacturers and suppliers respond to this change will determine the leaders and the losers.

Innovation in the Automotive Industry

Yet2

The automotive industry is undergoing massive technological and social change. Automotive manufacturers, companies in the automotive supply chain, and technology startups eyeing the automotive market need to understand the innovations that are taking place today – and those that will take place tomorrow. We have identified three broad areas in which the major automotive players are investing, researching and developing: Power/Electrical.

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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. But everybody wants different things so finding ways to make car offerings modular and flexible is a challenge to product designers in 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. Ideas Strategy 3D Printing Airbus flying car Disruptions in Automotive industry Future of Automotive Industry Industry Outlook for automotive Ola OlaShare sharing economy Uber UberPool ZipCarI will use cars as an example to detail out the challenges that the industry faces.

Automotive mvp.Demo Day – powered by co-pace and etventure

etventure

This incubation program focused on: transformation of the automotive industry, disruptive technologies and mobility solutions. They invite start-ups or other companies to carry out co-innovations, and together they promote their implementation in the field of automotive mobility. Der Beitrag Automotive mvp.Demo Day – powered by co-pace and etventure erschien zuerst auf etventure. etventure News wavespace Automotive MVP

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

Corporate Innovation

Companies in the automotive value chain are faced with a challenging future. In the medium and long term, i.e., the next 5-30 years, these changes have a high probability to negatively impact automakers, their suppliers and their dealers, along with insurance companies, finance companies, and many other industries that are part of the automotive value chain. Despite their high R&D investments, automotive OEMs are not considered top innovators.

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. In the medium and long term, i.e., the next 5-30 years, these changes have a high probability to negatively impact automakers, their suppliers and their dealers, along with insurance companies, finance companies, and many other industries that are part of the automotive value chain. Despite their high R&D investments, automotive OEMs are not considered top innovators.

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 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.”

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. In this post I want to make three points: It is hard for startups to break into and succeed in the automotive industry. Startups must realize that they cannot disrupt the entire automotive 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. In this post I want to make three points: It is hard for startups to break into and succeed in the automotive industry. Startups must realize that they cannot disrupt the entire automotive industry.

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. Besides a surge of auto tech startups and Tesla's success, Silicon Valley's new affair with the automotive industry is heightened by chatter about a secret car project by the most prominent disruptor of them all: Apple. Or might the Valley just have a drastically different idea of the future of the automotive industry?

Overcome the Customer’s Concern – Transfer the Risk

Destination Innovation

Source Automotive News May 2011 ). Marketing assurance automotive news gurantee hyundai overcome concerns transfer the riskDuring the economic depression which followed the financial crash of 2009 car sales slumped across America. Automobile makers tried all sorts of promotions, many featuring big price cuts, but they could not lure buyers onto their forecourts and persuade them to buy. Rebates and other traditional incentives just were not working.

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

Innovation 360 Group

Basically, the automotive industry is redefining itself and a new industry is being borne. The action taken by the automotive industry is, however, very late and under threat of being erased.

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. Besides a surge of auto tech startups and Tesla's success, Silicon Valley's new affair with the automotive industry is heightened by chatter about a secret car project by the most prominent disruptor of them all: Apple. 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. We sat down with Jean-Philippe Mathes, Innovation Lab Director for RCI Bank and Services , to learn more about his experience managing the company’s innovation project utilizing Qmarkets’ idea management software.

How suppliers can set themselves apart from the competition with innovations

Lead Innovation

AutomotiveSuppliers usually receive very strict specifications from their customers as to what they have to deliver and what innovations they have to develop. At the same time, they are under enormous competitive and quality pressure. Read in this blog post how suppliers can gain a competitive advantage through intelligent innovation management.

Why Carsharing Disrupts Car Manufacturers

Lead Innovation

Automotive innovationIn industry, using instead of owning and borrowing instead of buying is the order of the day. Now this development is affecting the private capital goods car and also many other means of transport. The established vehicle manufacturers have so far hardly reacted to car sharing, although the trend holds enormous potential for disruption.

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. We sat down with Jean-Philippe Mathes, Innovation Lab Director for RCI Bank and Services , to learn more about his experience managing the company’s innovation project utilizing Qmarkets’ idea management software.

How networked mobility pulls chaos out of traffic

Lead Innovation

Automotive innovationMost new cars bought today are already networked. The really exciting functions such as autonomous driving are only possible in conjunction with powerful communication networks. Then individual mobility can be better controlled and that generates many advantages. Which technology is to serve as the infrastructure is still controversial at present.

How Image Recognition Is Transforming the Automobile Industry

InnovationManagement

Trend Alert AI artificial intelligence automotive industry image recognition industry innovation LIDAR machine learning safety self driving cars trendsImage recognition will make our cars safer, more efficient and reliable. Learn how image recognition technology is improving. The post How Image Recognition Is Transforming the Automobile Industry appeared first on Innovation Management.

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? Allow me to explain the premise the way I learned it from Roger Martin, one of the best strategists on the planet. The operative word is “winning,” for the simple reason that if you’re not winning, you live in fear of the competitor.

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? If your company has ever stalled for the lack of innovation, then you’ve probably thought about it from time to time.

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

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.

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. Big Ideas Innovation Strategy Technology Transformation Trends Anticipate the future anticipation Automotive Industry Battery Power Burrus Daniel Burrus Hybrid TeslaEveryone 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

Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. We’re extremely pleased that yet another leading global automotive company has chosen to drive corporate innovation with Qmarkets.”.

yet2 Insights: The Future of IoT

Yet2

To learn more about vehicle-to-vehicle communication, download our whitepaper, Innovation in the Automotive Industry. Insight Innovation Autonomous Vehicle Sensors yet2 robotics automotive industry wearables IoT smart technology smart home connected devices integrated vehicle systems vehicle-to-vehicle communications edge computingWhat does the future hold for IoT? The Internet of Things (IoT) has exploded into the tech world over the past decade.

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

Next-Generation Mobility Stratifies OEMs

Corporate Innovation

These larger scale efforts follow a year during which various company types, from incumbent OEMs , to automotive suppliers, global ride-hailing companies, large technology companies, to startups have been demonstrating autonomous vehicles of many form factors targeting a variety of next-generation mobility applications. Based on such decisions, automotive OEMs are stratified. Table 1 : The five categories of automotive OEMs.

European CO2 Non-Compliance Fines

Sopheon

In 2021, the EU will levy its first fines on automotive OEMs for failing to meet the European automotive fleet average CO2 target of 95g/km. However, it is now likely that manufacturers will fail to achieve targets. The post European CO2 Non-Compliance Fines appeared first on Sopheon. Blog Innovation

Analysis Of The Next-Generation Mobility Value Chain

Corporate Innovation

Various acquisitions , partnerships , and investments by automotive industry incumbents and by companies that already provide on-demand mobility services, or intend to do so, including the recently announced partnerships between Waymo and Avis , and Apple and Hertz , indicate that this value chain, which I call ACE mobility services value chain , is starting to quickly materialize.

How Ford Learned That Uncovering a Job to be Done is Only Part of the Battle

New Markets Advisors

customer-experience jtbd jobs-to-be-done innovation automotiveOver the past few years, Jobs to be Done (“JTBD”) has emerged as one of the leading tools for innovators. As companies struggle to figure out which products will become breakthrough innovations and which will fall flat, companies large and small have time and again found that Jobs to be Done can provide the answer. Netflix co-founder Reed Hastings has talked openly about using JTBD to disrupt the video rental industry.

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. Autotech Big Data AI automotive value chain Autonomous Vehicles Big data monetization next-generation mobility

How Experian’s Digital Transformation Brought Its Business To An Entirely New Level

Innovation Excellence

As one of the world’s largest data companies, with leading positions in the credit, automotive and healthcare markets, the CIO’s role is especially crucial for driving the business. When Barry Libenson first arrived at Experian as Global CIO in 2015, he knew that the job would be a challenge. So he devoted his first few. Digital Innovation

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.