powering technology-driven, competitive-driven, and consumer-driven automotive innovation
DESCRIPTION
In the global automotive industry, challenges, opportunities and risks are everywhere - Business models and consumer requirements are ever-changing, government regulations drive design, emerging markets continue to push demand and competitiveness to new limits, and supply chains are increasingly volatile. To compete in one of the most competitive and dynamic markets there is, automotive companies and suppliers must connect product development teams to one another, and to the intelligence they need in order to make informed, optimal decisions, enabling them to: -Identify new markets and partners - Gain a rapid understanding of the competitive landscape -Identify technology trends, including potential next-generation products, as well as the key players involved in their development -Glean insights from Big Data and consumer sentiment expressed in social media -Develop new concepts for product developments During this special automotive webinar on “Powering Technology-Driven, Competitive-Driven, and User-Driven Automotive Innovation” we will take a look at how the above is made easy with Goldfire, The Optimal Decision Engine.TRANSCRIPT
Powering Technology-,
Competitive-, & Consumer-
Driven Automotive Innovation
Bao Bui
Senior Applications Specialist
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The annual growth for the auto industry is
expected to hit 6% through 2017*
* Oliver Wyman Automotive Practice
The automotive industry wastes $9.7B,
annually, of R&D dollars working on
previously patented solutions.
- IRN Services
40% of all automotive R&D spending is on
products that do not yield a sufficient
return. - Oliver Wyman Automotive Practice
40%
60%
Sales
Suppliers will be responsible for nearly 60%
of the industry's R&D work by the end of
the decade, compared with approximately
40% today.*
60%
40% SupplierSpend
ManufacturerSpend
Today 2020
* Oliver Wyman Automotive Practice
Auto innovation today requires on-demand connectivity to:
Technology trends
Competitive trends
Consumer trends
CLICK HERE TO ACCESS THE
FULL PRESENTATION &
ON-DEMAND VIDEO REPLAY:
http://InventionMachine.com/AutoInno