digital strategy

Wednesday, December 9th 2020

This week in
Consulting

Can digital transformation be the key for the Automotive industry to recover from the pandemic?

This week’s must read

Digital Transformation in the Automotive Industry: Challenges, Trends, Examples | OroCommerce
There are many digital initiatives accelerating the automotive industry. Vehicles are more autonomous, drivers are more connected, and selling experiences are changing. Learn how trends in AI, IoT and B2B eCommerce are shaping automotive.

 

 

Increased connectivity, environmental regulations, IoT, wireless solutions are all technologies available to serve the automotive industry. The emergence of artificial intelligence and the abundance of customer data will drive future investments. What can we expect in digital transformation for Automotive?

This Week’s Must Read is an insight piece from OroCommerce on the digital transformation in the Automotive industry.

  @OroCommerce

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Thought Leadership

Automotive supply chain faces digital and regulatory disruption
The move to connected, autonomous and electric vehicles has the potential to bring significant changes to long established business models.

In a world where connected, autonomous and electric vehicles are essential in the automotive sector, technology suppliers will face their own challenges, such as protecting their IP. It will be interesting to see how these developments will impact Supply Chains.

Ben Gardner and Dr. Stephan Appt@Pinsent Masons

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Driving auto industry transformation from the inside out
The COVID-19 pandemic has forced automotive companies to rethink their short-term playbook on redefining mobility in the present and in the future.

The COVID-19 pandemic has placed enormous pressure on automakers to stay competitive and make investments that make mobility smarter (AI, 5G…). How can the automotive industry remain relevant?

Ray Telang, Akshay Singh and Felix Kuhnert@Pwc

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SAP BrandVoice: How Automotive Suppliers Can Emerge From The Pandemic Stronger Than Before
In a fundamental business model shift to the cloud, automotive suppliers are figuring out how to monetize and secure huge amounts of vehicle data.

The global pandemic is not the cause of the transformation initiated in the automotive industry and faced by suppliers today. Electric vehicles and the modern car generate huge amounts of data that suppliers will have to exploit to generate income and profits. Will they be able to take advantage of the hard lessons learned during the 2008 recession?

Susan Galer@SAP for Forbes

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A future beyond brick and mortar: Disruption in automotive retail
As customer expectations evolve and cost pressures rise, automotive retail strategies must also change rapidly.

The COVID-19 pandemic has accelerated new mobility offerings, and technological disruptions, such as digitization, vehicle connectivity, and electrification, encouraging consumers to adopt digitally enabled car buying and online sales models. What will the automotive retail landscape look like?

Niels Dau, Thomas Furcher, Jan-Christoph Köstring and Philipp Maximilian Lühr @McKinsey

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This week’s Consulting News

Tiger balm - Covid-19 has ravaged economies all over the world—but not Taiwan’s | Asia | The Economist
It has fended off the epidemic and is welcoming back firms that had decamped to China

| @The Economist

BMW joins forces with Siemens, SAP, Bosch to build German auto data alliance
The alliance will enable automakers and their suppliers to identify output bottlenecks or parts shortages, helping them to avoid some of the production outages seen earlier this year due to coronavirus lockdowns.

| @Automotive News

Deloitte 2020 White Paper of China Automotive Aftermarket Highlights Digitalization and its Impact on China’s Market
/PRNewswire/ -- In its latest report 2020 White Paper of China Automotive Aftermarket, Deloitte highlighted several core insights that shaped and continues to...

| @PRNewswire

11 billion transactions shift to digital payments by 2023
The dramatic shift of consumers away from the use of cash has accelerated once again amid the Covid-19 pandemic.

| @Consultancy.uk

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This week’s media

Automotive Companies are now able to collect and analyze a gigantic amount of data. Advancements in data analytics and its fusion with the automotive industry have led to smarter, more connected vehicles and drastic sales and marketing improvements.

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