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Navigating Technical Debt in the Automotive Industry

Planview

Amidst the relentless waves of innovation and competition, OEMs, suppliers, and manufacturers in the automotive industry navigate a sea of challenges and opportunities. These challenges underscore the complexities inherent in managing and evolving the technological framework of automotive software.

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5 Digital Transformation Use Cases in the Automotive Industry

Acuvate

The automotive industry is on the brink of significant technological disruption. and the next-gen of mobility is the rapid emergence of artificial intelligence, intelligent automation, predictive analytics, and Big Data – delivering real-time insights to enable powerful innovation and transform the way automotive companies operate.

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Lateral Thinking in Business Strategy

Destination Innovation

It is a creative way to continually improve their product and customer experience, setting them apart in the automotive industry. Tesla’s Over-the-Air Software Updates : Tesla’s innovation was to remotely update and enhance the features of their electric vehicles through online software updates.

Strategy 169
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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. This is one of the fundamental strategic questions which every business leader needs to consider. The 70-20-10 ratio was always an average though.

Project 284
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Vehicle Electrification: Key to a More Secure America – and a Sustainable Future

Business and Tech

There’s a 100-year transformation taking place right now in the automotive industry. Even with the major down payment in the infrastructure legislation, we’re just not adding public charging in this country nearly fast enough to keep up with EV sales projections. In the United States, the transformation has been gathering steam.

Policies 246
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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. Qmarkets: What were the main objectives of your project? company – helping our employees to develop innovations.

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Examples of Businesses navigating complexity by fostering Ecosystems.

Paul Hobcraft

emphasizes moonshot projects and long-term thinking. Tesla: Approach: Tesla, led by Elon Musk, is revolutionizing the automotive industry. .): Approach: Google, as part of Alphabet Inc., The company encourages a culture of experimentation, where teams are free to explore ambitious, innovative ideas.

Examples 147