Business proposal of an adaptable & simple connected vehicle platform. Pitkraft can be adopted with current production vehicles. In future, Pitkraft can be a platform for connected vehicle & service aggregation.
Presented at ORBiT Real Time Days 2014
Panel discussion by:
Debbie Olsen, Quindell
Clinton D'Souza, CGI
Blair Currie, IMS
Paul-Andre Savoie, Baseline Telematics
Patrick Vice, Frank Cowan
A well-constructed panel of experts unravel the mystery of telematics for us. We need to understand why this will be important for our customers, what will be the impact on brokers and what we as insurance experts need to know.
Claimstech (Canada) Inc. in association with GOFLEET will launch an initiative in Jan 2015 to evangelize TELEMATICS with Fleet Insurance Brokers and Fleet Managers in the GTA. Please contact raj.mody@claimstech.ca Cell:+1-647-303-4907 to request a no-obligation presentation and quote for implementing a Telematics based fleet risk managment strategy
Automatic Accident Notification from Crashboxx Telematics Crashboxx.com
Crashboxx develops advanced telematics solutions for the fleet, insurance and personal vehicle markets. Using telematics hardware and sophisticated software, Crashboxx enables customers to measure driving behavior in real time, calculate a daily safety score, detect and report crashes in real time Crashboxx FACT (Fully Automated Crash Technology) enables timely vehicle crash notification, crash data recording, detects harsh acceleration, heavy braking, sudden lane changes and other undesirable vehicle operation. Insurers can predict the cost to repair the vehicle within seconds, and predict the probability of bodily injury to the driver and front passenger. Fleet managers who measure aggressive vehicle handling and actual accidents in real time, can better manage the risk and cost of fleet operation. Crashboxx technology allows fleet operators to manage driver behavior with data which in turn lowers vehicle crash rates by more than 20% per year and improves fuel economy by around 10% per vehicle per year.
Telematics India- Moving from a product offering to an Eco-system based servi...Ragu Sivaraman
In India telematics plays a significant role in the commercial/fleet world. Rest of market sees this as a service sitting in the dashboard. Why is this disconnect?What can be done to increase the service uptake? How can an Eco-System germinate in India? How global players can see this market? Macmetry presents an unique perspective on this convoluted market.
Presented at ORBiT Real Time Days 2014
Panel discussion by:
Debbie Olsen, Quindell
Clinton D'Souza, CGI
Blair Currie, IMS
Paul-Andre Savoie, Baseline Telematics
Patrick Vice, Frank Cowan
A well-constructed panel of experts unravel the mystery of telematics for us. We need to understand why this will be important for our customers, what will be the impact on brokers and what we as insurance experts need to know.
Claimstech (Canada) Inc. in association with GOFLEET will launch an initiative in Jan 2015 to evangelize TELEMATICS with Fleet Insurance Brokers and Fleet Managers in the GTA. Please contact raj.mody@claimstech.ca Cell:+1-647-303-4907 to request a no-obligation presentation and quote for implementing a Telematics based fleet risk managment strategy
Automatic Accident Notification from Crashboxx Telematics Crashboxx.com
Crashboxx develops advanced telematics solutions for the fleet, insurance and personal vehicle markets. Using telematics hardware and sophisticated software, Crashboxx enables customers to measure driving behavior in real time, calculate a daily safety score, detect and report crashes in real time Crashboxx FACT (Fully Automated Crash Technology) enables timely vehicle crash notification, crash data recording, detects harsh acceleration, heavy braking, sudden lane changes and other undesirable vehicle operation. Insurers can predict the cost to repair the vehicle within seconds, and predict the probability of bodily injury to the driver and front passenger. Fleet managers who measure aggressive vehicle handling and actual accidents in real time, can better manage the risk and cost of fleet operation. Crashboxx technology allows fleet operators to manage driver behavior with data which in turn lowers vehicle crash rates by more than 20% per year and improves fuel economy by around 10% per vehicle per year.
Telematics India- Moving from a product offering to an Eco-system based servi...Ragu Sivaraman
In India telematics plays a significant role in the commercial/fleet world. Rest of market sees this as a service sitting in the dashboard. Why is this disconnect?What can be done to increase the service uptake? How can an Eco-System germinate in India? How global players can see this market? Macmetry presents an unique perspective on this convoluted market.
Car chain final Presentation - Paytm Build for IndiaViresh Dhawan
This was the PPT presented by the Car-Chain Team for Paytm's Build for India Open Source Initiative, this Presentation was shown to Deepak Abbot(VP Products) to showcase the development of our product which was a Blockchain based Application made with Hyperledger under the guidance of Saurabh Jain(VP Business at Paytm) and Venu Madhav(CEO at Direct Cars). The following members were involved in the development of the project:
1. Prakash Pandey
2. Abhishek Biswas
3. Naveedh Ahamed
4. Brijesh Singh
5. Piyush Jain
6. Nikhil Chaudhari
7. Rahul Malhotra
8. Ramana Rao
9. Sanjay Gupta
10. Viresh Dhawan
Upgrading to a Smart parking management softwareParking Badge
Integrating and/or upgrading to a smart /digital parking management and parking enforcement software system,
Parking Into the 21st Century: Making the Switch to Smart Parking Management Software
Automated parking revenue systems offer a range of benefits, which include:
Improved peak traffic flow at exits
Better working environment for cashier
Reduce labour cost by using Auto Pay Stations
Higher availability in volatile labour markets
IntellePark Features:
Modular parking system
Full functionality of software options in on-line mode
Prox readers for tenants
LTP with time zones
LTP with expiry date
Group cards
Validated ticket
Discount ticket
Only 230 V power supply required for operation
Financial control
The car showrooms are evolving to take leverage of current technological advancements. The multi touch displays are finding application in car showrooms to let customers configure car of their choice with different possible combinations.
the basic concept of Connected Cars, technologies available and business opportunities with next-generation cars. Indian perspective of the Connected cars
The early cars were sold by automakers to customers directly or through a variety of channels that included mail order, department stores, and traveling representatives. Its generaion of car dealership.
Everything in the automotive industry is changing. In this presentation, Allison, CEO of Filament, will deep dive into the initiatives and innovations that brought about Filament’s Blocklet Mobility Platform, a comprehensive solution built to address major shifts within the automotive industry. Solving these challenges requires aligning consumer needs with automotive needs. Filament’s mobility-as-a-service platform solves for in-vehicle commerce, interoperability, and data integrity needs by providing hardware-level security, global accessibility, GDPR + CCPA compliance, smart contract privacy, and scalability to tens of thousands of transactions per second - directly within an automaker’s existing infrastructure. With Blocklet Mobility Platform, automotive enterprises can immediately adapt to ongoing shifts in their markets while benefiting through new revenue streams and better connections with their customers.
Commercial Vehicle Telematics Market - Global Analysis & Forecast 2025BIS Research Inc.
The global commercial vehicle telematics market accounted for $4.86 billion in 2019 and is expected to reach $5.93 billion by 2025.
touch with our analyst : https://bisresearch.com/industry-report/commercial-vehicle-telematics-market.html
Intelligent Driving - a 2020 View by Paul Asel at Automotive Megatrends March...Nokia Growth Partners
Nokia Growth Partner's Paul Asel's presentation at the Automotive Megatrends event in Detroit on March 17, 2015 discussing a 2020 view of Intelligent Driving.
Autonomous Vehicles: Technologies, Economics, and OpportunitiesJeffrey Funk
These slides use concepts from my (Jeff Funk) course entitled analyzing hi-tech opportunities to show how the cost and performance of autonomous vehicles are improving rapidly. LIDAR, other sensors, ICs, and wireless are experiencing rapid improvements that are enabling the overall cost of AVs to fall. For example, the latency of wireless systems is improving rapidly thus enabling vehicles to be controlled with wireless systems. This is also creating many new opportunities in the vehicle industry in the Internet of Things, data analytics, and logistics. The slides include a detailed discussion of AVs in Singapore, a likely early adopter.
Car chain final Presentation - Paytm Build for IndiaViresh Dhawan
This was the PPT presented by the Car-Chain Team for Paytm's Build for India Open Source Initiative, this Presentation was shown to Deepak Abbot(VP Products) to showcase the development of our product which was a Blockchain based Application made with Hyperledger under the guidance of Saurabh Jain(VP Business at Paytm) and Venu Madhav(CEO at Direct Cars). The following members were involved in the development of the project:
1. Prakash Pandey
2. Abhishek Biswas
3. Naveedh Ahamed
4. Brijesh Singh
5. Piyush Jain
6. Nikhil Chaudhari
7. Rahul Malhotra
8. Ramana Rao
9. Sanjay Gupta
10. Viresh Dhawan
Upgrading to a Smart parking management softwareParking Badge
Integrating and/or upgrading to a smart /digital parking management and parking enforcement software system,
Parking Into the 21st Century: Making the Switch to Smart Parking Management Software
Automated parking revenue systems offer a range of benefits, which include:
Improved peak traffic flow at exits
Better working environment for cashier
Reduce labour cost by using Auto Pay Stations
Higher availability in volatile labour markets
IntellePark Features:
Modular parking system
Full functionality of software options in on-line mode
Prox readers for tenants
LTP with time zones
LTP with expiry date
Group cards
Validated ticket
Discount ticket
Only 230 V power supply required for operation
Financial control
The car showrooms are evolving to take leverage of current technological advancements. The multi touch displays are finding application in car showrooms to let customers configure car of their choice with different possible combinations.
the basic concept of Connected Cars, technologies available and business opportunities with next-generation cars. Indian perspective of the Connected cars
The early cars were sold by automakers to customers directly or through a variety of channels that included mail order, department stores, and traveling representatives. Its generaion of car dealership.
Everything in the automotive industry is changing. In this presentation, Allison, CEO of Filament, will deep dive into the initiatives and innovations that brought about Filament’s Blocklet Mobility Platform, a comprehensive solution built to address major shifts within the automotive industry. Solving these challenges requires aligning consumer needs with automotive needs. Filament’s mobility-as-a-service platform solves for in-vehicle commerce, interoperability, and data integrity needs by providing hardware-level security, global accessibility, GDPR + CCPA compliance, smart contract privacy, and scalability to tens of thousands of transactions per second - directly within an automaker’s existing infrastructure. With Blocklet Mobility Platform, automotive enterprises can immediately adapt to ongoing shifts in their markets while benefiting through new revenue streams and better connections with their customers.
Commercial Vehicle Telematics Market - Global Analysis & Forecast 2025BIS Research Inc.
The global commercial vehicle telematics market accounted for $4.86 billion in 2019 and is expected to reach $5.93 billion by 2025.
touch with our analyst : https://bisresearch.com/industry-report/commercial-vehicle-telematics-market.html
Intelligent Driving - a 2020 View by Paul Asel at Automotive Megatrends March...Nokia Growth Partners
Nokia Growth Partner's Paul Asel's presentation at the Automotive Megatrends event in Detroit on March 17, 2015 discussing a 2020 view of Intelligent Driving.
Autonomous Vehicles: Technologies, Economics, and OpportunitiesJeffrey Funk
These slides use concepts from my (Jeff Funk) course entitled analyzing hi-tech opportunities to show how the cost and performance of autonomous vehicles are improving rapidly. LIDAR, other sensors, ICs, and wireless are experiencing rapid improvements that are enabling the overall cost of AVs to fall. For example, the latency of wireless systems is improving rapidly thus enabling vehicles to be controlled with wireless systems. This is also creating many new opportunities in the vehicle industry in the Internet of Things, data analytics, and logistics. The slides include a detailed discussion of AVs in Singapore, a likely early adopter.
For the full video of this presentation, please visit:
https://www.edge-ai-vision.com/2021/02/embedded-vision-in-adas-and-autonomous-vehicles-navigating-the-new-reality-a-presentation-from-strategy-analytics/
Mark Fitzgerald, Director of Autonomous Vehicle Service at Strategy Analytics, presents the “Embedded Vision in ADAS and Autonomous Vehicles: Navigating the New Reality” tutorial at the September 2020 Embedded Vision Summit.
In this presentation, Fitzgerald presents market forecasts for vision technologies in automotive advanced driver assist systems (ADAS), and explores the applications and industry forces that are driving camera fitment in vehicles. He also examines the unprecedented changes unfolding in the automotive industry – with long-standing vehicle architectures and business models under threat – and assesses the impact of COVID-19 on the industry.
Fitzgerald explains the influence of government mandates on the ADAS market, including the three generations of driver monitoring systems. Finally, he highlights what is most important and what is at stake as the automotive industry transitions to higher levels of ADAS and autonomous systems.
Presentation at Automotive Leaders Summit on April 7, 2016
Connecting the automotive value chain from design through consumer information and vehicle usage
Insights into Action – recent examples leveraging big data in the automotive ...Capgemini
In 2014 many OEMs started to use the latest big data technologies to leverage customer and vehicle data, together with information available through other channels. Nick Gill, Chair of Capgemini’s global automotive council, will highlight some of the leading examples of work done in the industry, and the results achieved to date.
Presented at EMC World 2015 by Nick Gill.
MONETIZING THE CONNECTED CAR, Citi 2013 Connected Car SymposiumArynga
Walter Buga, CEO of Arynga made this presentation at the Citi forum of the connected car. This presentation answers the "How to monetize the connected car?" question
Park assist systems and telematics brief introductionRajni Ranjan
The report briefly describes the presently available Drive Assist System (DAS) and what we can have in near future. It also briefly introduces Telematics in Automotive - Rajni Ranjan
We are an integral part of Wish4tech Solution Pvt. Ltd , a consulting engineering firm with expertise in the field of telecommunications. We provide planning, engineering and project management services for telecom transmission networks, broadband wireless access networks, network management systems and broadcast facilities. We have earned global reputation for excellence in manpower consultancy, engineering and project management.
We discuss a potential customer journey for a automotive insurance use case. Taking into consideration that GDPR regulation as well as other regulations need to be adhered to.
AICAS enables the data capturing for in-vehicle data collection as well as after market solutions.
www.aicas.com
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
What Are The Immediate Steps To Take When The VW Temperature Light Starts Fla...Import Motorworks
Learn how to respond when the red temperature light flashes in your VW with this presentation. From checking coolant levels to seeking professional help, follow these steps promptly to prevent engine damage and ensure safety on the road.
Things to remember while upgrading the brakes of your carjennifermiller8137
Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
Ever been troubled by the blinking sign and didn’t know what to do?
Here’s a handy guide to dashboard symbols so that you’ll never be confused again!
Save them for later and save the trouble!
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
Fleet management these days is next to impossible without connected vehicle solutions. Why? Well, fleet trackers and accompanying connected vehicle management solutions tend to offer quite a few hard-to-ignore benefits to fleet managers and businesses alike. Let’s check them out!
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
What Could Cause The Headlights On Your Porsche 911 To Stop WorkingLancer Service
Discover why your Porsche 911 headlights might flicker out unexpectedly. From aging bulbs to electrical gremlins and moisture mishaps, we're delving into the reasons behind the blackout. Stay tuned to illuminate the road ahead and ensure your lights shine bright for safer journeys.
3. SLIDE 3: WHAT ARE WE TRYING TO SOLVE?
PROBLEM EXPLANATION
1
2
3
4
AUTOMOTIVE SERVICE
ECONOMY
SAFETY
CONNECTED CAR
1- OEM Service centres are costlier & Less
2- Independent Service sector is fragmented
3- Poor quality of service
4- Non-standardised practises
5- Counterfeit spare parts
1- Driving improvements suggestions
2- Driving pattern based analytics
3- Vehicle to vehicle performance comparison
4- OBD II based trouble detection & suggestion
5- Automatic fuel economy tracking
1- Warning of rash driving
2- Speed limit warning & barking warning
3- Theft protection & geo fencing alerts
4- Parking location assistance
5- Crash alert & on road assistance
1- No access to car car computers
2- Manual car trip logs are tedious process
3- Repair & Maintenance reminders & log
4- Location based services & suggestions
5- Real time vehicle data visualisation
4. SLIDE 4: HOW WE ARE SOLVING?
PURPOSE OF PITKRAFT
Remote Diagnostics
1. Real time monitoring
of car health & detailed
fault information
Drive Green
1. Driving data based
suggestion to drive
efficiently
Navigation
1. Car navigation &
location sharing
2. Car locator & parking
Social Connect
1. Weekly scores & leader
boards.
2. Performance comparison
Audio Warning
During violations audio
warning from ‘Pitkraft
Link’
Repair & Maintenance
1. Repair & maintenance
alerts, instant quotes
based on location
SOS - Impact Alerts
1. Impact alerts to
prefixed contacts & near
by support entity
Trip Analysis
1. Each trip will be
recorded & violations will
be notified
5. SLIDE 5: HOW PITKRAFT WORKS?
PITKRAFT INFRASTRUCTURE
Pitkraft Cloud
Service Partner
Spare Part Partner
User mobile
The Connected Car
Pitkraft Link
6. SLIDE 6: HOW WE SUSTAIN?
PITKRAFT REVENUE STREAMS
35%30% 25% 10%
Pitkraft Link - Hardware sales
Additional value added services
Subscription based services
Commission from service centres &
repair shops
Commission from
spare parts retailers
7. SLIDE 7: SWOT ANALYSIS
SWOT ANALYSIS
STRENGTH
‣Automotive expertise & connect
‣Process optimisation experience
‣Drive pattern know how
‣Data analytic expertise
‣Fleet management experience
‣The Vision & global outlook
WEAKNESS
‣Lack of Advanced technology
experience (AI, cloud, etc)
‣Service Industry awareness
‣Negotiation & Marketing
OPPORTUNITY
‣Market awaiting for technology
disruption
‣Cloud based application are highly
scalable
‣Future potential
‣Connected car developments in the
industry
THREAT
‣Unskilled workers & counter intuitive
processes
‣Supply of spare parts
‣OEM’s individual products & Apps
‣Network speed & GPS signal issues
S W
O T
THIS IS NOT AN
ACTUAL SLIDE
8. SLIDE 8: PITKRAFT OFFICE OVER VIEW
PITKRAFT ORGANISATION STRUCTURE
Founder / CEO / manager
Technology ServiceConnectivity
Hardware
Analytics
UI & UX
Cloud
Service Network
Spares Network
Customer Care
Finance/Admin/HR
THIS IS NOT AN
ACTUAL SLIDE
9. SLIDE 9: PITKRAFT GOTO MARKET PLAN
GOTO MARKET PLAN
1 2 3 4 5 6 7 8 9 10 11 12
Company registration
Recruitment
Company Setup & infrastructure
development
Web & APP Development
Service network establishment
Spare parts network development
Customer care set up
Hardware design & development
Cloud based algorithms
Testing & validation
Product launch
Dealer network for hardware sales
Product launch & marketing
Further add on services
Time Period in Months >
* Tentative timeline
10. SLIDE 10: PITKRAFT FINANCIAL PROJECTION
FINANCIAL PROJECTION
Sr No Particular Description Cost
1 Company Registration LLP & all other legal formalities 1500000
2 Infrastructure Office, Computers, Furniture, Virtual assets, servers 3000000
3 Running Cost Rent, other expenses 2500000
4 Payment
Developer, Marketing Executives, Hardware
Engineer, Product Engineer
8600000
5 Customer Acquisition cost Marketing materials, events, direct meetings 2000000
6 Cloud & servers Unforeseen expenses 1000000
Total 18600000
* Cost are rough estimates only, need detailed study for finalising the budget
THIS IS NOT AN
ACTUAL SLIDE
11. SLIDE 11: MARKET WATCH & PROJECTION
FINDINGS: MCKINSEY CONNECTIVITY & AUTONOMOUS DRIVING CONSUMER SURVEY ‘15
37% customers are ready to switch to another manufacturer for better connectivity.
60% Customers are interested in driving related data services
32% would like to pay subscription fee based connected services
82% customers would like to have ‘Navigation & Mobility’ application, in return of
personal data
New prolonging business models created by connectivity & automation are
‣Connected car market place (repair, maintenance, sales)
‣Remote preventive diagnostics
‣Connected navigation, Location, destination & driving patten based lead generation
‣Network parking (guidance, ticketing, payment, enforcement)
‣Personalised insurance - policies based on driving behaviour/pattern analysis
Today’s landscape of single competitors will evolve towards a play of competing
ecosystem (Cloud based platforms, APIs for multi brand usage)
Source: http://www.mckinsey.com/industries/automotive-and-assembly/our-insights/how-carmakers-can-compete-for-the-connected-consumer
12. SLIDE 12: MARKET WATCH & PROJECTION
FINDINGS: GOLDMAN SACHS CARS 2025
Car ownership in most economies starts gaining momentum, by 2025 may developing
nations will reach that level for first time, creating a large demand for smaller cars with
lower prices & lower operation costs - India will become world’s 3rd largest market place
with 7.4 million vehicles
One of the seven key trends, drive transformation in the coming decode will be IoC -
Internet of Cars
The cars of 2015 will be - Green, Convenient, Safe & Affordable
Source: http://www.goldmansachs.com/our-thinking/technology-driving-innovation/cars-2025/index.html
CHALLENGES & OPPORTUNITIES OF INDIAN SERVICE MARKET: FROST & SULLIVAN
Source: http://auto.economictimes.indiatimes.com/news/aftermarket/indian-auto-parts-aftermarket-business-to-worth-16-5-billion-by-2021-frost-sullivan/46672154
The price-competitive unorganised sector
70% of customers shift to local independent aftermarket services within 2 years purchase
Counterfeit components account for 45% of passenger car aftermarket parts sale
13. SLIDE 13: MARKET WATCH & PROJECTION
CURRENT MARKET OVERVIEW
UPCOMING OEM CONNECTED
OEM APPS
AUTOMOTIVE SERVICE AGGREGATORS IN INDIA CONNECTED APPS IN INDIA
DriveMate