For this paper, we interviewed some of the leading voices in the connected car industry to uncover some of the trends influencing the market, and what it might mean for the future of any business seeking to capitalize on this radical change in how we live and move. We examine how these changes are fundamentally altering the talent landscape in the industry, heralding the arrival of a new breed of executives to fill an evolving talent gap in the mobility sector; created by the convergence of the traditional automotive sector and a myriad of outside influences.
The digital paradigm is delivering an insurmountable amount of data that organisations are able to exploit to define new customer experiences and drive business growth. For companies to realise the full value of this corporate asset, there needs to be executive ownership and direction in the boardroom.
People — Not Just Machines — Will Power Digital InnovationCognizant
As new technologies cause value chains to rapidly evolve and organizational boundaries to blur, human roles and tasks are also digitizing, as machines alter how knowledge work is performed.
Implementing real-time systems and managing the organisational change that arises as a result are capabilities that the IT department is best placed to provide. As this article reveals a number of organisations see real-time business as an important enabler for digital transformation. In those companies, the IT department should be leading the real-time charge. Learn more about real time business from this article.
2015-16 Global Chief Procurement Officer Survey - CPOCapgemini
Capgemini Consulting’s sixth Chief Procurement Officer (CPO) Survey examines Procurement Trends, Compliance Management, Advanced Analytics in Procurement, and the Total Supplier Experience. Since our last CPO Survey, much has changed. During the darkest economic hours, Procurement was called upon in many troubled organizations to stem costs in new and creative ways. For many Procurement executives, there was no longer the need to sell the value of its standard services (cutting costs). Instead, Procurement was being called upon as a partner to drive cost out across the organization, thus elevating Procurement executives into a highly visible role in the organization.
The results of our latest study on ‘Smart data transformation,’ carried out with Fraunhofer FIT, are here. In this special research report, we wanted to understand the business benefits, challenges and success factors around this topic, as well as identify key needs to facilitate the effective implementation of smart data transformation.
Commentary: Making Dollars & Sense of the Platform EconomyCognizant
As market dynamics change, organizations must figure out how and where to plug and play with emerging platforms that create economies of scale and new forms of value.
The digital paradigm is delivering an insurmountable amount of data that organisations are able to exploit to define new customer experiences and drive business growth. For companies to realise the full value of this corporate asset, there needs to be executive ownership and direction in the boardroom.
People — Not Just Machines — Will Power Digital InnovationCognizant
As new technologies cause value chains to rapidly evolve and organizational boundaries to blur, human roles and tasks are also digitizing, as machines alter how knowledge work is performed.
Implementing real-time systems and managing the organisational change that arises as a result are capabilities that the IT department is best placed to provide. As this article reveals a number of organisations see real-time business as an important enabler for digital transformation. In those companies, the IT department should be leading the real-time charge. Learn more about real time business from this article.
2015-16 Global Chief Procurement Officer Survey - CPOCapgemini
Capgemini Consulting’s sixth Chief Procurement Officer (CPO) Survey examines Procurement Trends, Compliance Management, Advanced Analytics in Procurement, and the Total Supplier Experience. Since our last CPO Survey, much has changed. During the darkest economic hours, Procurement was called upon in many troubled organizations to stem costs in new and creative ways. For many Procurement executives, there was no longer the need to sell the value of its standard services (cutting costs). Instead, Procurement was being called upon as a partner to drive cost out across the organization, thus elevating Procurement executives into a highly visible role in the organization.
The results of our latest study on ‘Smart data transformation,’ carried out with Fraunhofer FIT, are here. In this special research report, we wanted to understand the business benefits, challenges and success factors around this topic, as well as identify key needs to facilitate the effective implementation of smart data transformation.
Commentary: Making Dollars & Sense of the Platform EconomyCognizant
As market dynamics change, organizations must figure out how and where to plug and play with emerging platforms that create economies of scale and new forms of value.
In our latest piece, we share unique perspectives on how artificial intelligence is amplifying human potential and reshaping business. This article explore 3 fundamental questions:
How will AI shift the expectations of my customers?
How will AI transform the way my competitors run their businesses?
How should my company respond to AI?
A Digital Way Forward for Australian SME InsurersCognizant
The ongoing digitisation of the small- and medium-sized enterprise (SME) market has only accelerated post COVID-19, opening new opportunities and challenges to established carriers. Winning insurers will need to hyper-personalise their offerings and experiences to attract and retain new and
modern SME businesses, as well as tap the billowing insurtech ecosystem – whilst leaning into extended capabilities of their modernised core systems – to remain relevant in this fast-growing and dynamic market segment.
International Transfer Pricing 2015/16, now in its 15th edition is an easy to use reference guide covering a range of transfer pricing issues in nearly 100 territories worldwide. It explains why it is vital for every company to have a coherent transfer pricing policy which is responsive to the rapidly changing markets in which they operate. The book not only shows why sound transfer pricing policies should be developed, but also why such policies need to be re-evaluated regularly. It offers practical advice on a subject where the right amount of effort can produce huge benefits in the form of a competitive and sustainable tax rate, and leave the company well positioned to defend against aggressive tax audits.
Building a Code Halo Economy for InsuranceCognizant
By finding meaning in the digital data that accumulates around people, processes, organizations and things, insurers can simultaneously reinvent how they operate and reshape their customers' experience.
The CPG Digital Revolution: Moving from Analog to Digital Operating Modelaccenture
The digital revolution is blurring the boundaries between consumers, stores and brands and forcing consumer packaged goods (CPG) companies to rethink their digital operating model. Accenture identified six ways CPG companies can prosper. View our infographic for more info: http://www.accenture.com/redefineCPGdigital
With a fundamental shift in the CFO mission, the finance function has become a critical change agent across organizations. The role of financial leaders such as CFOs is evolving, from a traditional financial controller, to one that drives performance improvements across the organization.
SaaS, or Software as a Service, is radically transforming conventional software tools for micro/SMEs by diminishing transaction costs, increasing market flexibility and providing
cost effective outsourcing solutions to IT. Unlike any other time in history, micro/SMEs have a level playing field with large enterprise and Fortune 500 companies through early adoption of a myriad of SaaS solutions, which are enabling massive efficiency gains in areas such as: ERP, CRM, BI & HR solutions to name a few.
The Evolution Of The On-Demand Economy PeoplePerHour
WE PREDICT THAT BY 2020, 1 IN 2 PEOPLE WILL WORK IN A FREELANCE CAPACITY
We are in the midst of the third revolution within the knowledge economy, the beginning of the On-Demand Economy, and it is drastically transforming how we transact with all aspects of the marketplace. The On-Demand Economy is revolutionizing the way in which individuals manage their daily lives, and interact with the labour market, but we are only just now experiencing the very beginning, by unlocking the potential of this new order.
Authored by: Meagan Crawford, Internal Economist at PeoplePerHour
The importance of Data is growing every day. How is Data helping your business? The majority of companies fail to utilize their Data to the fullest, are you one of them?
Powered by AI: Communications and Marketing in the Algorithm AgeMSL
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, UK and US. We partnered with our colleagues at sister agency Publicis.Sapient who are experts in counselling companies and brands on the AI revolution.
The State (and Future) of Digital Marketplaces by Brian SolisBrian Solis
The rise of digital marketplaces is an overnight success more than twenty years in the making. Today, their potential for growth and diversity is outpacing traditional e-commerce in every respect. Marketplaces are more than platforms for hosting sellers and attracting customers. Marketplaces as platforms are changing market dynamics and pushing sellers and service providers to rethink their mission, value propositions and overall experience.
Marketplaces will only continue to expand and diversify, introducing new retail and service experiences to sellers and buyers alike. As they do, marketplaces will open doors to new breeds of sellers and service providers, broaden customer choice for more varied product and service offerings, foster healthy competition and promote continuous innovation.
With their phenomenal growth, and the promising future of marketplaces and their role in shaping the future of retail, Kahuna and Altimeter set out to capture the state of digital marketplaces. We surveyed 100 executives and managers of mar- ketplaces across the US and across eight market segments. What we learned in this research, through a quantitative survey and third-party analysis, is that marketplac- es have been underappreciated in their role in reshaping retail and are set to define next generation experiences.
The goal of this report is to provide a lens into the rising marketplace segment to guide incumbent brands and inspire emergent marketplaces as they pave the way for the future of retail, services and customer experiences.
By 2020 more than 7 billion people will be communicating and performing transactions over the web on over 35 billion devices. So how can companies effectively create a digital identity that promises security, ease and comfort for its customers? This study, sponsored by Oracle, assesses the role identity plays in the digital economy. Visit hub: http://bit.ly/1LKqXfN
CIO Insights from the Global C-suite StudyCasey Lucas
Moving from the back office to the front lines - CIO insights from the Global C-suite Study
CIOs tell us that their place in the organizational pyramid has changed in the past five years. Many of them command more respect and possess more authority than before and they are working more closely with their C-suite colleagues.
Improving the Efficacy of Root Cause AnalysisCognizant
When medical device organizations apply a relevant and appropriate level of automation to root cause analysis, they can ensure swift action on nonconformities and avoid issue reoccurrence.
In our latest white paper, our expert authors share insights on why an integrated, real-time approach is key to business planning in the digital age. This special report is the great work of our supply chain experts, who are leading some of our firm’s most innovative thinking and solutions with top global clients.
Learn About:
The evolution of planning capabilities in the enterprise
Why an integrated business planning (IBP) framework should include end-to-end business processes across the organization
A view into the different maturity levels an organization can achieve and strategies for developing a digital-driven IBP framework
How companies can get started and accelerate their journey to advanced business planning
n the new digital economy, we are in the midst of a third industrial revolution comparable in scale and impact to the introduction of electrification. Digital technology has the potential to improve corporate performance and reach radically, leading to demonstrably better financial performance. However, while the potential of digital is clear, how to practically deliver on a digital vision is less so. In this third Digital Transformation Review, we aim to help business leaders understand more about the managerial and change challenge that they are facing. We look at how an organization defines its digital vision, how to drive change through effective governance and a people strategy, and how to seize the opportunity offered by big data.
We also offer a fresh perspective from pioneers across the globe, looking at an Indian organization’s approach to innovation in healthcare. One company that has defined an ambitious digital vision is Pfizer. We interview Kristin Peck, executive VP of worldwide business development and innovation, and John Young, president and general manager of the primary care business unit, who share the opportunities they see in the digital space as well as their journey in transforming their organization to create more value for their customers.
Interview: What is the main security and privacy risks associated with the ad...Ersin KARA
worldautomotiveconference.co.uk
"The methods of artificial intelligence and augmented reality have always been the substance of rumination and speculation since very recently, where they’ve started to take very a central role in our lives.
Intelligent technologies today are computer-aided systems that completely control all industrial pipelines. They can operate autonomously and on this account all processes can be managed independently.
Today’s logistics do not resemble one-way storage of goods seen up to a few years ago. This is due to new web technologies that allow an entirely new level of interaction within the moving parts of a given logistics eco-system. As these technologies continue developing at a rapid pace, several partially and fully automated logistic frameworks are already readying for deployment."
"When we compare Industry 4.0 advantages and classic ERP programs advantages We see below points ;
- Space-efficient storage. This will save in warehouse areas and volumes. Ex. Kardex Remstar applications, vertical storage solutions
- ERP’s are integrated warehouse management software.
So the error will be absolutely minimal. Prevention of losses due to lack of communication in monolithic systems that have one point of failure.
- Automatic and controlled product circulation. This will allow for increased work safety and fewer work accidents. This will naturally result in risk reduction resulting from controllability, especially in hazardous material logistics.
- Line feed, standby modules. So perfect stock management, “0” inventory loss.
- Automatic finished product warehouses. This will allow for unmanned warehouses, fast vehicle loading and unloading systems that can work 24 hours a day, 365 days a year. Cellular transfer storage systems.
For distribution centers and warehouse management systems that implement Industry 4.0 technologies, data needs to be collected, analyzed, acted on, and secured in order to partake in the data driven decision-making Industry 4.0 advertises."
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
In our latest piece, we share unique perspectives on how artificial intelligence is amplifying human potential and reshaping business. This article explore 3 fundamental questions:
How will AI shift the expectations of my customers?
How will AI transform the way my competitors run their businesses?
How should my company respond to AI?
A Digital Way Forward for Australian SME InsurersCognizant
The ongoing digitisation of the small- and medium-sized enterprise (SME) market has only accelerated post COVID-19, opening new opportunities and challenges to established carriers. Winning insurers will need to hyper-personalise their offerings and experiences to attract and retain new and
modern SME businesses, as well as tap the billowing insurtech ecosystem – whilst leaning into extended capabilities of their modernised core systems – to remain relevant in this fast-growing and dynamic market segment.
International Transfer Pricing 2015/16, now in its 15th edition is an easy to use reference guide covering a range of transfer pricing issues in nearly 100 territories worldwide. It explains why it is vital for every company to have a coherent transfer pricing policy which is responsive to the rapidly changing markets in which they operate. The book not only shows why sound transfer pricing policies should be developed, but also why such policies need to be re-evaluated regularly. It offers practical advice on a subject where the right amount of effort can produce huge benefits in the form of a competitive and sustainable tax rate, and leave the company well positioned to defend against aggressive tax audits.
Building a Code Halo Economy for InsuranceCognizant
By finding meaning in the digital data that accumulates around people, processes, organizations and things, insurers can simultaneously reinvent how they operate and reshape their customers' experience.
The CPG Digital Revolution: Moving from Analog to Digital Operating Modelaccenture
The digital revolution is blurring the boundaries between consumers, stores and brands and forcing consumer packaged goods (CPG) companies to rethink their digital operating model. Accenture identified six ways CPG companies can prosper. View our infographic for more info: http://www.accenture.com/redefineCPGdigital
With a fundamental shift in the CFO mission, the finance function has become a critical change agent across organizations. The role of financial leaders such as CFOs is evolving, from a traditional financial controller, to one that drives performance improvements across the organization.
SaaS, or Software as a Service, is radically transforming conventional software tools for micro/SMEs by diminishing transaction costs, increasing market flexibility and providing
cost effective outsourcing solutions to IT. Unlike any other time in history, micro/SMEs have a level playing field with large enterprise and Fortune 500 companies through early adoption of a myriad of SaaS solutions, which are enabling massive efficiency gains in areas such as: ERP, CRM, BI & HR solutions to name a few.
The Evolution Of The On-Demand Economy PeoplePerHour
WE PREDICT THAT BY 2020, 1 IN 2 PEOPLE WILL WORK IN A FREELANCE CAPACITY
We are in the midst of the third revolution within the knowledge economy, the beginning of the On-Demand Economy, and it is drastically transforming how we transact with all aspects of the marketplace. The On-Demand Economy is revolutionizing the way in which individuals manage their daily lives, and interact with the labour market, but we are only just now experiencing the very beginning, by unlocking the potential of this new order.
Authored by: Meagan Crawford, Internal Economist at PeoplePerHour
The importance of Data is growing every day. How is Data helping your business? The majority of companies fail to utilize their Data to the fullest, are you one of them?
Powered by AI: Communications and Marketing in the Algorithm AgeMSL
MSL partnered with research firm Toluna to survey 1,846 marketing and communications leaders from Brazil, China, France, Germany, India, Italy, Poland, UK and US. We partnered with our colleagues at sister agency Publicis.Sapient who are experts in counselling companies and brands on the AI revolution.
The State (and Future) of Digital Marketplaces by Brian SolisBrian Solis
The rise of digital marketplaces is an overnight success more than twenty years in the making. Today, their potential for growth and diversity is outpacing traditional e-commerce in every respect. Marketplaces are more than platforms for hosting sellers and attracting customers. Marketplaces as platforms are changing market dynamics and pushing sellers and service providers to rethink their mission, value propositions and overall experience.
Marketplaces will only continue to expand and diversify, introducing new retail and service experiences to sellers and buyers alike. As they do, marketplaces will open doors to new breeds of sellers and service providers, broaden customer choice for more varied product and service offerings, foster healthy competition and promote continuous innovation.
With their phenomenal growth, and the promising future of marketplaces and their role in shaping the future of retail, Kahuna and Altimeter set out to capture the state of digital marketplaces. We surveyed 100 executives and managers of mar- ketplaces across the US and across eight market segments. What we learned in this research, through a quantitative survey and third-party analysis, is that marketplac- es have been underappreciated in their role in reshaping retail and are set to define next generation experiences.
The goal of this report is to provide a lens into the rising marketplace segment to guide incumbent brands and inspire emergent marketplaces as they pave the way for the future of retail, services and customer experiences.
By 2020 more than 7 billion people will be communicating and performing transactions over the web on over 35 billion devices. So how can companies effectively create a digital identity that promises security, ease and comfort for its customers? This study, sponsored by Oracle, assesses the role identity plays in the digital economy. Visit hub: http://bit.ly/1LKqXfN
CIO Insights from the Global C-suite StudyCasey Lucas
Moving from the back office to the front lines - CIO insights from the Global C-suite Study
CIOs tell us that their place in the organizational pyramid has changed in the past five years. Many of them command more respect and possess more authority than before and they are working more closely with their C-suite colleagues.
Improving the Efficacy of Root Cause AnalysisCognizant
When medical device organizations apply a relevant and appropriate level of automation to root cause analysis, they can ensure swift action on nonconformities and avoid issue reoccurrence.
In our latest white paper, our expert authors share insights on why an integrated, real-time approach is key to business planning in the digital age. This special report is the great work of our supply chain experts, who are leading some of our firm’s most innovative thinking and solutions with top global clients.
Learn About:
The evolution of planning capabilities in the enterprise
Why an integrated business planning (IBP) framework should include end-to-end business processes across the organization
A view into the different maturity levels an organization can achieve and strategies for developing a digital-driven IBP framework
How companies can get started and accelerate their journey to advanced business planning
n the new digital economy, we are in the midst of a third industrial revolution comparable in scale and impact to the introduction of electrification. Digital technology has the potential to improve corporate performance and reach radically, leading to demonstrably better financial performance. However, while the potential of digital is clear, how to practically deliver on a digital vision is less so. In this third Digital Transformation Review, we aim to help business leaders understand more about the managerial and change challenge that they are facing. We look at how an organization defines its digital vision, how to drive change through effective governance and a people strategy, and how to seize the opportunity offered by big data.
We also offer a fresh perspective from pioneers across the globe, looking at an Indian organization’s approach to innovation in healthcare. One company that has defined an ambitious digital vision is Pfizer. We interview Kristin Peck, executive VP of worldwide business development and innovation, and John Young, president and general manager of the primary care business unit, who share the opportunities they see in the digital space as well as their journey in transforming their organization to create more value for their customers.
Interview: What is the main security and privacy risks associated with the ad...Ersin KARA
worldautomotiveconference.co.uk
"The methods of artificial intelligence and augmented reality have always been the substance of rumination and speculation since very recently, where they’ve started to take very a central role in our lives.
Intelligent technologies today are computer-aided systems that completely control all industrial pipelines. They can operate autonomously and on this account all processes can be managed independently.
Today’s logistics do not resemble one-way storage of goods seen up to a few years ago. This is due to new web technologies that allow an entirely new level of interaction within the moving parts of a given logistics eco-system. As these technologies continue developing at a rapid pace, several partially and fully automated logistic frameworks are already readying for deployment."
"When we compare Industry 4.0 advantages and classic ERP programs advantages We see below points ;
- Space-efficient storage. This will save in warehouse areas and volumes. Ex. Kardex Remstar applications, vertical storage solutions
- ERP’s are integrated warehouse management software.
So the error will be absolutely minimal. Prevention of losses due to lack of communication in monolithic systems that have one point of failure.
- Automatic and controlled product circulation. This will allow for increased work safety and fewer work accidents. This will naturally result in risk reduction resulting from controllability, especially in hazardous material logistics.
- Line feed, standby modules. So perfect stock management, “0” inventory loss.
- Automatic finished product warehouses. This will allow for unmanned warehouses, fast vehicle loading and unloading systems that can work 24 hours a day, 365 days a year. Cellular transfer storage systems.
For distribution centers and warehouse management systems that implement Industry 4.0 technologies, data needs to be collected, analyzed, acted on, and secured in order to partake in the data driven decision-making Industry 4.0 advertises."
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
The technology is in place to build more efficient, convenient and safer transport solutions. But there will be challenges to overcome, in terms of industry cooperation and trust on a sharing ecosystem.
Connectivity is causing a shift in business models from products to services, with data being the key asset affecting this change. As such, the transport industry is experiencing a seismic shift in technology, regulation and user behavior, which will force all key actors to reassess their business models.
Connectivity has already started to make an impact in the world of transport. The first phase focused on transactional connectivity, where data would be sent in the case of a traffic incident. Now, the focus of the second phase is on being connected, including sending and receiving data, and the ability to share it between companies and industries.
The technology is in place to build more efficient, convenient and safer transport solutions based on passenger vehicle-centric ecosystems. But there will be challenges to overcome, in terms of cooperating with new partners from different industries, gaining user trust, ensuring quality, reliability and security of data and controlling its flow in a highly shared environment. This paper takes a closer look at these challenges, and what will be required to move past them.
Ninety Consulting white paper: The rise of the robo-insurerDan White
This white paper deals with the impacts and opportunities of robotics, drones and artificial intelligence on the insurance sector.
Lord Wei, Chair of Ninety's Future Strategy Board, says in his foreword to this white paper:
"A cyborg future in which robotic technologies work together with humans - when implemented properly and sensitively - will no doubt enable a better, more efficient service to be provided by businesses, freeing up workers to focus on interactions with customers that require empathy, creativity, and intuition, and which drive new kinds of sales, rather than on routine, dangerous, and more mundane tasks."
These are views that are often brought up in such conversations. What we hope to have done here is to have added to the conversation about how this impacts insurance specifically.
PTC Product Lifecycle Stories eMagazine - Spring 2014PTC
The Spring 2014 edition of the PTC PRODUCT LIFECYCLE STORIES EMAGAZINE
features in-depth reporting and expert commentary on the issues impacting manufacturing, engineering, and product development today. This issue features stories on the Internet of Things, Robots at the World Cup in Brazil, 3D Printing in the Aerospace Industry, Speed Dating Approach to Collaboration, Surgical Robotics, Builder Bots, Consumer Adoption of 3D Printing, and Supply Chain Visibility.
Follow the PTC Product Lifecycle Stories Blog for regular stories on manufacturing trends and design innovation=> http://blogs.ptc.com
Visit our eMagazine hub for all editions and optimal viewing=> http://ptc-product-lifecycle-stories-emagazine.uberflip.com/h/c/41059-ptc-product-lifecycle-stories-emagazine
No Hands: The Autonomous Future of TruckingCognizant
The impacts of autonomous trucking will reverberate far beyond the trucking industry. As members of the workforce, public policy proponents, technology strategists and business leaders grapple with the technological, economic and cultural fall-out of self-driving trucks, what happens next could serve as a template for other fields influenced by AI.
Get Automotive Smart - Automotive Futuresemmersons1
The automotive industry is ramping up to a period of transformation. But what does the future look like, and what do the predicted changes mean for existing players?
The world is being transformed by new technologies, which are redefining customer expectations, enabling businesses to meet these new expectations, and changing
the way people live and work. Digital transformation, as this is commonly called, has immense potential to change consumer lives, create value for business and unlock
broader societal benefits.
The World Economic Forum launched the Digital Transformation Initiative in 2015, in collaboration with Accenture, to serve as the focal point for new opportunities and
themes arising from the latest developments in the digitalization of business and society. It supports the Forum’s broader activity around the theme of the Fourth
Industrial Revolution. Since its inception, the Initiative has analysed the impact of digital transformation across 13 industries and five cross-industry topics, to identify the
key themes that enable the value generated by digitalization to be captured for business and wider society. Drawing on these themes, we have developed a series of
imperatives for business and policy leaders that look to maximize the benefits of digitalization. We have engaged with more than 300 executives (both from leading
global firms and newer technology disruptors), government and policy leaders, and academics.
Every industry has its nuances and contextual differences, but they all share certain inhibitors to change. These include the innovator’s dilemma (the fear of
cannibalizing existing revenue models), low technology adoption rates across organizations, conservative organizational cultures, and regulatory issues. Business and
government leaders should continue to work towards addressing these challenges.
A notable outcome of this work is the development of our distinctive economic framework, which quantifies the impact of digitalization on industry and society. It can be
applied consistently at all levels of business and government to help unlock the estimated $100 trillion of value that digitalization could create over the next decade. We
have already started to leverage this framework for region-specific discussions with some governments.
We are confident that the findings from the Initiative will contribute to improving the state of the world through digital transformation, both for business and wider society.
Similar to CONNECTED CARS: LIFE IN THE SMART LANE (20)
Technology is disrupting healthcare just as it has in so many other areas of life. New players and
new approaches are proliferating but while the changes may seem dazzlingly diverse there is a single, underlying driving force. Digital transformation in healthcare has many elements: health data privacy, ethical AI, IOT solutions, many brought to the market by new disruptors. These are all valuable elements of transformation, but ultimately they are steering to a single goal; empathetic care of
the empowered patient. In this increasingly patient-centric future it is the empathetic care, not the technology itself, that will prove to be the outstanding feature. The market leaders in this landscape will be those who embrace and explore its possibilities.
Living in a hyper-connected world, patients have never been so well informed or had so much decision- making power, at least when it comes to chronic diseases. Less dependent on their doctors for advice, increasingly able and willing to take greater control of their own health, they feel empowered by the vast amount of health information available online, on apps, and by the array of health and fitness wearables.
Such consumer digital empowerment is pushing rapid change in healthcare provision. Industry leaders across providers, insurers, medical technology and the pharmaceuticals industry, need to re-imagine
the traditional spectrum of sales, marketing and commercialisation processes by developing empathetic engagement tools to accompany and support the patient on their personal journey. This digital transformation imperative becomes a huge challenge because of the complexity of the industry ecosystem and the varying models in APAC.
With widely varying reimbursement and access challenges across APAC countries, coupled with diverse social and cultural norms, it is important for pharma, insurance, and healthcare providers to work together with partners who have local, real-world expertise when it comes to understanding patient behaviours. Together those partnerships can deliver solutions that will impact patient lives positively. Across APAC the opportunities are considerable with a huge growing market for medication and care, but there are also significant cultural and financial hurdles to the uptake of treatments.
DEFINING THE FUTURE READY ORGANISATION
Shopping is potentially the area of human behaviour that has been most widely changed by digital technology. Today’s shopper expects their experience to be invisibly shaped around them, at any time, at their fingertips. This report explores how.
At first glance, Asia-Pacific retailers appear to be in good shape. Business is booming and waves of Asian millennials are entering the workforce, consuming at a rate previously unseen among older, more conservative- minded shoppers.
But take a closer look, and there is cause for concern. Profits are plummeting!
There’s never been a better time to be an analyst.
While historically analytics was consigned to the metaphorical fireplace in an organisation, to be acknowledged and occasionally fed but largely ignored, today the story is much evolved. The vast amounts of data being produced in ever greater amounts has led
to a renewed interest in making sense of this information treasure trove, and successfully unlocking its secrets can be a tremendous boon to businesses.
But the discipline is not without its challenges. Many organisations have not yet worked out how to store and organise the data they are generating, let alone analyse it. IT infrastructure is evolving, but not always in the right direction, and certainly not always fast enough in Asia.
Velocity 12: Reshaping the world view of middle-class growthS_HIFT
A new report that identifies 12 'velocity' markets that will be key to middle-class consumer growth over the next decade. With the BRIC index of markets having outlived its usefulness, Ogilvy's new ranking provides a fresh perspective on the future of global growth, and challenges some of the outdated notions about "emerging markets".
Ogilvy's V12 ranking goes beyond traditional economist and banking indices and is based upon measures of middle-class growth in terms of income, rather than assets, using a 'Purchasing Power Parity' (PPP) methodology, a measurement widely accepted by the IMF, the UN and the World Bank to equalize the purchasing power of different currencies. Critically, it also assessed markets based upon the velocity of growth and change - an increasingly important factor that some companies have grossly underestimated so far in their global growth plans.
Brands That Do: Building Enterprise BusinessS_HIFT
Over 75 percent of brands are so meaningless to consumers that they may as well not be there. They are brands that are of no consequence — just names on products or services.
There is hope. Our research found that brands around the world matter in different ways than they did before. People want brands that act, that help, that do. Consumers are sending a very clear message that challenges every part of a business — from finances to operations to marketing. Consumers are telling us to stop making empty promises and start acting in new and different ways. In other words, we should be building brands that do things that matter to their customers.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
The effects of customers service quality and online reviews on customer loyal...
CONNECTED CARS: LIFE IN THE SMART LANE
1. WWW.DHRINTERNATIONAL.COM
I N T E R N A T I O N A L
WRITTEN BY CHRIS PROSPER & WILL PARKHOUSE
DHR INTERNATIONAL
SEPTEMBER 2016
CONNECTED CARS:
LIFEINTHESMARTLANE
2. The way we connect with the world around us is dramatically changing. The
proliferation of mobile devices and connectivity has reached unprecedented levels
which has led to a wholesale change in digitally connected human behavior. If the
last ten years were the decade of digital, the next ten will be defined by integrated
user experiences led by reach, interactivity and connectivity.
The mobility industry is ushering in a new era of partnerships, one where brands
and organizations that previously had little do with one another are now forging new
relationships and building new technology as a result. This is a whole new breed of
co-operation, one driven by the need to operate in a newly connected world, and
to serve a new kind of connected consumer. Manufacturers and OEMs who were
previously termed “Automotive” companies are now racing to become the world’s
leading technology companies, fueled by data rather than petrol or gas.
CONNECTED CARS: LIFEINTHESMARTLANE
EXECUTIVE SUMMARY
For this paper, we interviewed some of the leading voices in the connected car industry to uncover some of the trends
influencing the market, and what it might mean for the future of any business seeking to capitalize on this radical change
in how we live and move. We examine how these changes are fundamentally altering the talent landscape in the industry,
heralding the arrival of a new breed of executives to fill an evolving talent gap in the mobility sector; created by the
convergence of the traditional automotive sector and a myriad of outside influences.
02
2015 2020
McKINSEY ESTIMATE: % OF CONNECTED CARS ON THE ROAD
The potential of the connected car to be at the
center of data collection and analysis represents
a unique opportunity to be able to harvest, analyze
and communicate human and mechanical behaviors
across multiple industries, revolutionizing the way
consumers are marketed and sold to. But is this all?
For traditional automotive companies it’s a brave new
world, but one that is moving at such speed that to
ignore the need to take risks and innovate is to ignore
the far greater risk of being left behind.
So how will traditional OEMs and upcoming innovators
capture the interest and loyalty of younger, connected
generations? What kinds of partnerships will be the
key to success? How will revenue models shift in
an increasingly shared economy?
The questions are many and the answers are still in
development but with the number of young people
applying for driving licenses declining annually (in the
U.S. and spreading globally) the changing trend is
undeniable. This paper is the first in a series of articles
in which we will be exploring the constantly evolving
developments of the connected car. We welcome
your thoughts on the debate.
3. Hackers have already demonstrated how they could
hack a Jeep Cherokee and remotely kill the engine,
while researchers have shown how easy it is to crack
the Wi-Fi in a Mitsubishi Outlander. So what is the
answer? According to Monique Argus, Marketing
Director, Argus Cyber Security, it lies in not using
off-the-shelf solutions. “Ultimately, connectivity will
bring a heightened risk of cyber-attacks. You need
to build cyber security solutions for the mobility
industry from the ground up. We’re already working
with the largest OEMs to embed cyber security into
every stage of production by providing them with
both technologies and services.”
CHANGING GEARS
CAN A CAR EVER TRULY BE SAFE?
If you build it, they will hack it. So goes the thinking in security circles long used to playing a cat-and-mouse game with
a fleet-footed criminal fraternity that has found a new and very natural home in our digitized world. Connected cars, being
always connected and “always-on”, represent a very real security risk to both users and the wider network of partners and
devices that they increasingly host. If unauthorized access can be gained to a vehicle, the dangers to the wider network
– not to mention human safety – are vast.
Rafay Khan, Chief Revenue Officer, Inrix agrees:
// SECURITY IS AN ISSUE THAT THE CONNECTED CAR INDUSTRY IS DEALING
WITH - FOR INSTANCE, WE’RE TALKING TO OUR AUTOMAKER CUSTOMERS
ON AN ALMOST DAILY BASIS ABOUT WAYS IN WHICH TO CONTINUE TO BUILD
SECURITY INTO THE ECOSYSTEM. ON THE ONE HAND WE WANT TO GET AS
MUCH ANONYMIZED DATA OUT OF THE VEHICLE AS POSSIBLE, AND THEN USE
THAT COMPLEX DATA TO HELP THE CAR PREDICT WHAT MIGHT HAPPEN NEXT.
FOR EXAMPLE, WE CAN COMBINE HYDRAULIC BRAKE DATA WITH WINDSCREEN
WIPER INFORMATION TO DETERMINE ICY ROAD CONDITIONS AND USE THIS
TO WARN DRIVERS. THIS IS A HUGE SAFETY BENEFIT, BUT WE ARE ALSO
COGNISANT THAT WE NEED TO KEEP THAT DATA SECURE.//
90%BELIEVE DATA BELONGS
TO CAR OWNER
OR USER
3BELIEV
BE
F
LIM
90%BELIEVE DATA BELONGS
TO CAR OWNER
OR USER
3/4BELIEVE DATA SHOULD
BE ACCESSED
FOR ONLY A
LIMITED TIME
03
The security of connected vehicles is inexorably
linked to user privacy, and at the centre of that
lies data. Connected cars, and the network they
are part of, are generating enormous amounts of
data that has to be collected and stored securely.
Some estimates suggest just one vehicle will upload
25 gigabytes of data to the cloud every hour. But
in such a complex web of players, identifying who
should have access to what is quickly becoming
the industry’s biggest headache.
“Probably the biggest challenge facing OEMs at the
moment is consent – how do we manage consumer
rights and security in such a vast, complicated smart
grid of players?” agrees Gene Claxton, Director
of Automotive Sales, IoT platforms and solutions,
Ericsson. “Who has access to what? What is the
data being used for? Is there a record stored of all
the data generated, and if so who controls it?
WHO OWNS WHAT?
Who oversees the flow of data, and provides the
balanced governance structure to the overseers?
These are the questions the industry is trying to
work through right now.”
As knowledge about data ownership and concerns
around privacy increase, consumers are already
becoming savvier about how their information
is collected and used. But their opinions are
sometimes already at odds with that of OEMs
and partner networks. For example, a survey by
the International Federation of Car Clubs recently
found that the overwhelming majority (90%) of
drivers felt that data is owned by the car owner
or user, not the manufacturer. Three-quarters
believed that data should be accessed for only
a limited time, or even on a per-ride basis.
CONNECTED CARS: LIFEINTHESMARTLANE
4. Security and data may be two of the biggest areas
of discussion in the industry currently, but both are
underpinned by a global uncertainty of how to be
managed going forward. Historically, the mobility
industry has been one of the safest and most
regulated areas of manufacturing. But it has also
benefited from steady progress, as opposed to the
spectacular advances and innovation typically seen
in the modern tech world. Yet as we stand on the brink
of a very near future filled with electric, autonomous
vehicles, OEMs are beginning to innovate faster than
regulation can keep up, as Monique Argus explains,
“Regulators, insurance companies and all the various
partners and stakeholders have a lot of things to
grapple with at the moment. First of all they have to
imagine and model every single scenario that could
happen. Then they have to formulate the regulations
and guidelines that will help prevent incidents, and also
establish what happens when there is an incident.
It’s incredibly complex, but also very interesting
and extremely progressive.”
THE AGONY OF CHOICE
Clearly, there is much more ground to be covered
before widely accepted standards are in place, but
once they are it opens the door to an exciting future,
as Edouard Zuber, Chief Digital Officer, AXA China
Region, explains. “There is so much data sharing
happening already, it’s a very exciting space in the
mobility industry. A lot of our current discussions centre
around connected health, for example, and how that
links us with the data you generate and safely share
with your insurer from your vehicle, home, workplace
etc. In five years, I think we’ll see the emergence of a
new normal, one centred around a marketplace where
the end user is in control of his data, and is monetizing
it on their own terms.”
// AS THE LARGEST MARKET, CHINA IS DRIVING A LOT OF THE REGULATORY
DEVELOPMENT AT THE MOMENT. THE PROBLEM IS THAT IT HAS A VERY CLEAR
IDEA ABOUT HOW IT WANTS THIS TO PLAY OUT, AS DOES EUROPE, AND AS
DOES THE US. EVERYONE HAS DIFFERENT INFRASTRUCTURE, DIFFERENT
CITIES, DIFFERENT CHALLENGES AND DIFFERENT GOALS. SO UNFORTUNATELY
I DON’T THINK YOU’RE GOING TO SEE A UNIFIED GLOBAL STANDARD ANYTIME
SOON. MAYBE IN 15 YEARS, BUT NOT TOMORROW. //
BOB KRUSE, CHIEF TECHNOLOGY OFFICER, QOROS AUTO
Part of the barriers are the differing regulations and standards in each market around
the world. As the pace of innovation increases, it’s likely that the industry will see
nuanced standards emerging as bodies, governments and OEMs all compete to
establish the leading standard. But while this will ultimately benefit the industry, it
is also an enormous drain on resources as Jim Pisz, previously Executive for North
American Planning, Toyota explains. “Imagine having to create different systems to
satisfy different standards in every country you operate in. For an OEM that is an
enormous drain on resources. I think the industry will naturally start to self-regulate
and find the path of least resistance. For example, there’s an enormous car-to-
car communications pilot taking place in Ann Arbor currently with several major
manufacturers using 2,000 vehicles, and they’ve decided to all use the same in-car
technology. So self-regulation will come naturally I think.”
Bob Kruse, Chief Technology Officer, Qoros Auto, disagrees, pointing to the lack of
international cooperation between the world’s largest markets as the main hindrance
to achieving consensus on connected car standards.
While much of the current discussion is focused on
defining how the connected car itself will operate and
be secured, its role at the centre of connected cities
should not be overlooked. “The connected car isn’t
only about hardware, software, upselling, or data. It’s
about the movement of people and things around
smart cities and solving urban mobility challenges,”
according to Rafay Khan, Chief Revenue Officer,
Inrix. How connected vehicles communicate with
the infrastructure around them (V2I), and with each
other (V2V) is still being designed. Indeed, smart cities
themselves are still an emerging trend as governments
experiment with the installation of technology in
everything from traffic lights to buildings.
Barcelona is often held up as the best example of
the modern smart city, with sensors in trash cans
alerting municipal services when they need to be
emptied and hard-drives in lamp posts measuring
noise, traffic, and pollution. For the connected car to be
a true success, it will need to seamlessly integrate with
each and every one of these networks and systems.
WE NEED TO TALK
CONNECTED CARS: LIFEINTHESMARTLANE
04
90%BELIEVE DATA BELONGS
TO CAR OWNER
OR USER
3/4BELIEVE DATA SHOULD
BE ACCESSED
FOR ONLY A
LIMITED TIME
90% BELIEVEDATABELONGS
TOCAROWNER
ORUSER
3/4 BELIEVEDATASHOULD
BEACCESSED
FORONLYA
LIMITEDTIME
5. Monique Argus agrees, pointing out that the
connected car will be “part of a much wider and more
complex Internet of Things.” But if this is the case,
if the future is one built on a vast network of nodes,
connections, and networks, a new generation of
security will need to be developed to secure this urban
web. “At this stage, part of our multi-layered approach
is securing the communications between the car and
your cloud, the OEM’s applications and clouds. In
future, however, anything that talks to the car will need
to be secured, whether that is another vehicle, a traffic
light, or building. As the technology develops, we’ll
also need to develop even stronger layers of security.”
For Rafay Khan, though, a smart world isn’t about
putting more Wi-Fi routers on the streets, or more
sensors in the buildings. “It’s about what knowledge
can be created, interpreted and used in these
connected environments. Smart cities ultimately
need to be liveable, they need to be lean and free
of unnecessary technological clutter, and they
need to be learning – all the time.”
If the connected car industry is one currently shaped
as much by the unknowns than the knowns, then the
architects of its future will be pivotal. Partnerships and
cooperation will form the backbone of this emerging
space, helping drive new innovations in everything
from security to smart urban environments.
Part of this will require organizations to seek out new
peers in industries that they may not have previous
experience in. Security firms may start to build
relationships with ad agencies. Big data providers
may link up with sensor manufacturers. And at the
centre of it are OEMs themselves, who will need to
navigate this new world with a host of new connections.
If the connected car is bringing together industries
and creating new relationships, it stands to reason
that it will need people to guide that process, often
from outside of their traditional catchment area.
We’re going to see a rise in the number of new
positions such as “Director of Partnerships &
Innovation”, bringing industry experts from diverse
backgrounds into non-traditional industries to drive
new partnerships with everyone from retailers to
insurance providers. And this is already happening
in key markets.
// THERE IS GOING TO BE A TSUNAMI OF ANONYMIZED DATA COMING FROM
SMART VEHICLES AND INTO THE INFRASTRUCTURE CLOUD FOR SERVICES THAT
WILL BENEFIT DRIVERS AND CITIES AS A WHOLE // SAYS RAFAY KHAN. // BUT
WHAT IS THE MOST VALUABLE DATA? I THINK THE VALUE IN THIS INTERACTION
WILL BE ABOUT TELLING THE VEHICLE WHERE THE INFRASTRUCTURE IS AND
HELPING THE CAR UNDERSTAND HOW TO DEAL WITH EACH BUILDING, RAILING,
LAMP POST, KERB AND SO ON. PROXIMITY IS PROBABLY THE MOST IMPORTANT
PIECE OF THE AUTONOMOUS STORY, AND EVERYONE TAKES IT FOR GRANTED! //
// THE FUTURE IS ONE NOT ONLY DOMINATED BY CAR MANUFACTURERS,
BUT ALSO BY SUPPLIERS WHO ARE INNOVATING, RESEARCHING, AND
DESIGNING THE FUTURE. WE WILL SEE COMPANIES WITH NOTHING TO DO
WITH AUTOMOTIVE MOVING INTO THE CAR SPACE TO WORK WITH OEMS IN A
VAST NEW ARENA. CAR MANUFACTURERS ARE GOING TO HAVE TO GET USED
TO DEALING WITH NEWCOMERS WHO DON’T PLAY BY THE USUAL CAR RULES.
IT’S A BRAVE, EXCITING NEW FUTURE FOR EVERYONE INVOLVED. //
PHILIPPE TIRAULT, MANAGING PARTNER, KOREA, AT DHR INTERNATIONAL.
A NEW BREED OF TALENT
05
“Korea is known as a hotbed of innovation, and in particular for companies like LG
and Samsung which have traditionally built phones and semiconductors,” says
Philippe Tirault, Managing Partner, Korea, at DHR International. “But both are now
building divisions dedicated to car related technology. They’ve each made enormous
investment in this area as they are convinced that connectivity is the future as far
as the car is concerned. Both organizations are actively recruiting local and foreign
talents into new teams to design new products specifically for the car industry.”
CONNECTED CARS: LIFEINTHESMARTLANE
6. RESERVED
CONNECTED CARS: LIFEINTHESMARTLANE
A NEW ERA OF PARTNERSHIPS & COOPERATION
Brands and organizations are already discovering new opportunities, products and services
made possible by the connectivity between people, vehicles and cities. Here are just some
of the ways companies are beginning to work together in this new reality.
CONNECTED CARS: LIFEINTHESMARTLANE
06
ADVERTISING – mobile advertising companies are already partnering
with connected car firms to offer programs such as sponsored rewards
for drivers. Meanwhile, autonomous vehicles offer enticing new
opportunities for existing brands like Netflix and YouTube.
RETAIL – the opportunities for retailers are vast, with
pilot programs offering coupons or discounts when
vehicles are near shopping malls already being rolled out.
Expect to see partnerships between OEMs and major
retail brands within five years.
PARKING – it may seem obvious, but the advent of autonomy opens
up the possibility of new partnerships between urban space management
organizations (or parking companies), and vehicle manufacturers. We could
see OEM specific parking garages, and spots in multi-use premises reserved
exclusively for individual brands.
BUILDING MANAGEMENT – imagine choosing
an apartment or office based on the brand of vehicle
that comes with the contract. Tie-ups between the built
environment and OEMs not only make sense, but are
already being negotiated.
FINANCE – will your car come with a credit
card, or your credit card come with the use
of a car? In the near future, partnerships
between finance brands and the connected
environment will be as normal as credit card
loyalty programs today.
HOTELS AND TOURISM – soon your choice
of hotel room may be influenced by the connected
car it comes with. Similarly, tourist organizations
will soon partner with OEMs to provide vehicles
at attractions and in cities.
CORPORATES – as CSR becomes a major point of competitive differentiation,
car-sharing will be a huge part of corporate strategy, with partnerships between
companies and OEMs to ferry workers to and from the office.
INSURANCE – probably the most
advanced of all sectors, insurers
are already forging partnerships
between new players like technology
companies, healthcare providers,
and retailers to bring more tailored
insurance solutions.
7. But this already begins to the blur the lines between
passenger and driver. If the AI is driving the car, who
is at fault in an accident? “While autonomy is
undeniably a huge and welcome advancement for the
car industry, it also presents a wealth of moral and
ethical dilemmas,” agrees Jim Pisz. “For example,
if someone is driving along and has to make a split
second decision to either drive off a cliff, or swerve
and hit a child, what would they do? It’s an incredibly
complex problem. And someone somewhere is going
to have to program an algorithm to make that decision.
Does that make them guilty of premeditated murder?
Sensors can be developed, lasers invented, and
complex software written. But there will always
be situations that defy logic.”
TWO BLIND SPOTS
AUTONOMY GOES IT ALONE
If connectivity in vehicles is the father a mass-market future, autonomy is the disruptive child prodigy threatening to
overshadow the whole show. That connected cars will be a dominant force on the road is now inevitable. But quite
how the future treats a society where our transportation needs are controlled by AI is yet to become clear. Elon Musk,
CEO of Tesla and the biggest proponent of an autonomous future, recently said that all future Tesla vehicles would
have “the hardware necessary to be fully self-driving with fail-operational capability, meaning that any given system
in the car could break and your car will still drive itself safely.”
// AUTONOMOUS VEHICLES ALSO PRESENT A NEW ALMOST PHILOSOPHICAL
DILEMMA FOR INSURERS – WHO DO WE INSURE? IS IT THE VEHICLE, THE
DRIVER OR THE MANUFACTURER? DRIVERS WILL ESSENTIALLY BECOME
PASSENGERS, SO HOW ARE THEY LIABLE? IS GOOGLE, WHO CREATED THE
SELF-DRIVING ALGORITHM ULTIMATELY AT FAULT, OR IS IT FORD WHO MADE
THE VEHICLES? IT’S A VERY COMPLEX SPACE, AND ONE THAT THE ENTIRE
INDUSTRY IS FOCUSED ON RIGHT NOW. //
In this future, ownership in the classic sense is
deconstructed to the extent that each vehicle could
have multiple owners. Alternatively, in Elon Musk’s
future, Tesla owners will be able to send their vehicles
to the “shared fleet” at the tap of a button when they
aren’t using it, “generating income for you while you’re
at work or on vacation, significantly offsetting and at
times potentially exceeding the monthly loan or lease
cost.” This kind of flexible model will disrupt some
of the most fundamental aspects of the car industry,
not least finance and insurance. There’s already a
significant rise in alternative insurance policies like
pay-as-you-drive and pay-how-you-drive, and it
isn’t a stretch to see a time when two-year
premiums are a thing of the past.
THE NEW SHARING ECONOMY
// I SEE A SITUATION IN THE NEAR FUTURE WHEN AN INDIVIDUAL GETS
UP IN THE MORNING AND ASKS A CAR TO TAKE THEM TO WORK. DURING
THAT COMMUTE THEY ARE WRITING EMAILS AND WATCHING THE NEWS.
THE CAR DROPS THEM OFF AT WORK, AND THEN LEAVES TO RECHARGE
ITSELF ON THE GRID, BEFORE HEADING OUT TO BE USED BY ANOTHER
MEMBER OF THE FAMILY, A COLLEAGUE, OR EVEN A PAYING STRANGER.
IT THEN RETURNS READY AND FUELLED TO PICK THE INDIVIDUAL UP
AGAIN AT THE END OF THE DAY AND TAKE THEM HOME. //
With autonomy comes the prospect of shared vehicle ownership. If cars can, for
all intents and purposes, look after themselves, the entire notion of ownership
needs to be redefined. Imagine this scenario, as proposed by Jim Pisz:
CONNECTED CARS: LIFEINTHESMARTLANE
07
For insurers, the problem is even more complex. Do you still insure the driver
in a future where they are no more than a passenger, or do you insure the car?
As Edouard Zuber puts it:
8. But perhaps the biggest disruption of shared ownership is to our society – and
spaces – themselves. It is the nexus of the share economy, one driven today by
the likes of AirBnB and TaskRabbit, but likely to be enabled tomorrow by Tesla
and other OEMs. According to Gene Claxton, this could be world-changing.
SHIFTING GEARS IN CHINA
As the world’s second largest economy, China is a vital player in the connected car movement.
More than 25 million vehicles will be sold in 2016 to a burgeoning population of middle class
consumers with more disposable income than ever before. And despite its historical reputation
for ignoring environmental strategies in favour of rapid development, the country has emerged
as something of a poster child for progressive policies.
The government has committed to reducing
greenhouse gas emissions by 65% from 2005
levels, and is seeking to increase use of fossil fuels
by 20% by 2030. Such is the progress, in fact, that
one recent study from the London School of
Economics suggested that carbon dioxide levels
are likely to peak in 2025 at the latest – and may
well have already done so.
One of the by-products of this scheme is a dramatic
refocusing of the automobile industry. The Chinese
government are providing a host of financial breaks
and support to boost the electric car industry
domestically. The result, according to some reports,
is more than 200 Chinese companies building
4,000 new electric car models. Most recently,
Fisker Automotive – once the electric car darling
of Silicon Valley – re-emerged as Karma Automotive
under new Chinese owners, and announced plans
to open a new electric car factory in Hangzhou.
Alternative mobility solutions like electric cars are
likely to be a major growth area for the industry in
China, and look set to introduce a wealth of new
opportunities for partnerships and cooperation,
both domestic and globally. As automotive consultant
Bill Russo commented in a recent interview with
Forbes, new players will inevitably join this emerging
landscape of competition.
// SUCCESS WILL ACCRUE TO THOSE COMPANIES THAT ARE BEST ABLE TO
REIMAGINE MOBILITY IN THE CONTEXT OF A PLACE LIKE CHINA: WHERE
MOBILITY NEEDS ARE UNIQUELY CHALLENGING, WHERE INNOVATIVE MOBILITY
EXPERIMENTS ARE BEING DRIVEN BY ENTREPRENEURIAL ACTIVITY, AND
WHERE DREAMS OF EXPONENTIAL BUSINESS GROWTH BECOME REALITY. //
BILL RUSSO, AUTOMOTIVE CONSULTANT,
IN A RECENT INTERVIEW WITH FORBES MAGAZINE
CONNECTED CARS: LIFEINTHESMARTLANE
“Alliances are being formed among new and traditional players seeking to access
complementary strengths and seize a competitive advantage. The battle will likely be
won by those who understand the true potential of connected mobility services and
thereby deliver value to the user in the most personalized, convenient, comfortable,
and cost-effective manner. It is a battle where profits will be won by offering
differentiated mobility-related services through a hardware platform that is most
suited to the lifestyle of its end user.”
08
// I DON’T THINK WE SHOULD UNDERESTIMATE THE IMPACT THAT A FUTURE WITH
AUTONOMOUS VEHICLES WILL HAVE ON US, OUR CITIES, AND OUR SOCIETY AS A WHOLE.
THIS IS SO MUCH MORE THAN JUST SELF-DRIVING CARS; THIS IS UNLOCKING UNTAPPED
POTENTIAL AND RESOURCE IN PEOPLE. THIS WILL BE FUNDAMENTAL TO PROGRESSING
SOCIETY TO THE NEXT STAGE. IT WILL HERALD A NEW GENERATION OF DEVELOPMENTS,
DISCOVERIES, AND BREAKTHROUGHS. AND AT THE CENTRE OF IT ALL – PEOPLE. WE’RE ON THE
BRINK OF MOVING FROM A PRODUCT-ORIENTATED WORLD TO A PEOPLE-CENTRIC FUTURE. //
200CHINESE COMPANIES BUILDING
NEW ELECTRIC CARS
25mVEHICLES SOLD IN 2016
4,000NEW ELECTRIC CAR MODELS
9. The connected car industry is in its infancy by
automotive standards, but is already heralding a
revolution that will extend far beyond the traditional
OEMs. But are industries outside of car manufacturing
seriously overlooking connectivity as part of their
growth strategy in Asia? The host of supplementary
opportunities that connectivity offers organizations a
rare chance to diversify their business. Some estimates
put the value of the connected car industry at some
$300 million within the next five years, almost six times
what it was in 2015. From infotainment and intelligent
navigation to whole suits of apps, diagnostics and
monitoring, there is a new digital ecosystem evolving
designed to serve consumers.
For organizations, this brings a brand new dimension
to business. New innovation developments call for a
renovation of skillsets in order to fully embrace new
opportunities and future-proof growth. Cooperation
and collaboration will define this new world, with
organizations establishing a whole new kind of
industry, one that thrives as much on partnerships as
it does competition. And at the centre of this revolution
will be a new breed of talent, one that understands
the complex nuances of building lasting relationships
across different industries, and ultimately driving
success domestically and abroad.
Within Automotive we have seen the evolution of
the car from a luxurious product (for some this is
still the case) to a product of transportation, from
the ‘Taxi’ to the ‘Uber’. We are at a crossroads
with digital advancement, creating new industries
and eco-systems, where existing automotive
companies are investing at unprecedented levels
in Silicon Valley and who are ultimately becoming
the technology leaders of tomorrow.
SUMMARY
// DEFINING THE KEY COMPETENCIES OF AN EXECUTIVE IS MORE
IMPORTANT THAN WHAT INDUSTRY THEY MAY COME FROM, WHO
REMEMBERS WHEN BILL FORD ASKED ALAN MULLALI TO BECOME
THE NEW CEO OF FORD? //
FRANK SMEEKES
MANAGING PARTNER & GLOBAL AUTOMOTIVE EXPERT,
DHR INTERNATIONAL
DHR INTERNATIONAL CONTACTS
DHR International are a leading provider of executive
talent. We appoint global citizens who come from a
variety of different industries, digital innovators who are
willing to transition and who bring unique insights to the
transformational challenges being faced by todays biggest
existing and emerging organizations.
DHR International, Inc. provides executive search services.
We offer retained executive search, succession planning,
and middle management/emerging leaders search solutions.
The company also provides leadership advisory services,
including leadership assessment and succession planning.
DHR International, Inc. was founded in 1989 and is
based in Chicago, Illinois with additional offices in Asia
Pacific, Europe, North America, the Middle East, and
South America.
Chris Prosper – Partner Automotive, Shanghai & Hong Kong
Email: cprosper@dhrinternational.com
Tel: +852 2622 8668
Will Parkhouse – Associate Partner Digital, Hong Kong
Email: wparkhouse@dhrinternational.com
Tel: +852 2622 8822
Frank Smeekes - Managing Partner & Global Automotive Expert, Frankfurt
Email: fsmeekes@dhrinternational.com
Tel: +31 20 5720 730
Patricia Watters – Managing Partner Automotive Practice, Detroit
Email: pwatters@dhrinternational.com
Tel: +1 248 258 0616
Philippe Tirault – Managing Partner, Korea
Email: ptirault@dhrinternational.com
Tel: +82 26322 5701
09
ANTICIPATING OTHER TRAFFIC
CONNECTED CARS: LIFEINTHESMARTLANE