The Future of Driving: Accelerating towards a data-driven customer-centric mindset
Best Practices for Automotive
by Urša Mihajlovič
4y ago
The automotive industry is currently experiencing a period of unprecedented turbulence and uncertainty. On the one hand, the convergence of emerging and disruptive technology-driven trends is driving a seismic shift in business models and changing customer expectations. On the other, policy makers around the globe are pressuring manufacturers to cut emissions, while making sure consumers pay a premium when it comes to parking, driving or insuring their fossil-fuelled vehicles – especially in heavily congested cities and urban conurbations. It all adds up to a considerable degree of uncertaint ..read more
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Why It’s Critical for Women to Take the Lead in Automotive Technology
Best Practices for Automotive
by Ann Marie Gray
4y ago
Automotive businesses need to find ways to bring new thinking and perspectives to the table if they are going to meet the needs of the changing consumer marketplace. Gender diversity is an essential part of building the workforce of the future. Today, women make up only 27% of the U.S. automotive workforce, compared with 47% of the overall U.S. workforce. Obviously, there is work to be done to close the gender gap within the industry. That’s why the Best Practices in Automotive Conference will include an ASUG Women Connect lunch panel to inspire discussions among women leaders in the sector ..read more
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BMW’s Ambitious COSMIC Program Is Reducing Complexity with SAP S/4HANA
Best Practices for Automotive
by Chelsea Albi
4y ago
Photo courtesy of BMWFor BMW, SAP S/4HANA is at the center of its multiyear project COSMIC, an ambitious new way that its finance IT team is developing to track data on its vehicles. The company’s decision to implement SAP S/4HANA in 2016 also made it one of the earliest adopters of the ERP system. Future-Proofing the Project The Central Solution for Stock Management, Invoicing, and Cost of Retail, or COSMIC, project needed to be built with data expansion in mind. Not surprisingly, Jakob Gajdzik, project manager, finance IT at BMW AG, said that “high performance was key” and that the expanded ..read more
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Top Reads: Innovation in Automotive
Best Practices for Automotive
by Lloyd Healy
4y ago
The automobile is a transformative invention that changed the technological, social, and economic fabric of our society. Now, we are witnessing a new era of accelerated automotive disruption, which according to McKinsey is likely to be far more impactful than the previous 50 years. While industry analysts are not entirely clear what the future of automotive technology holds, we know that SAP customers in the industry are focused on three central trends: driving the business with artificial intelligence, applying automation everywhere, and moving to autonomous vehicles. These trends are putting ..read more
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Top Autotech Influencers on Twitter and LinkedIn
Best Practices for Automotive
by Holly Anastasio
5y ago
The automotive industry is undergoing more technological transformation now than it has in the past 100 years – and it’s not going to slow down anytime soon. With steep competition from global manufacturers and new market entrants, the industry is being pressured to consider digital strategies, manage costs, source materials through a global supply chain and remain compliant with local regulations. According to research by ASUG, more than 71% of respondents are currently considering what technology is the right fit to help them keep their operations running and innovate ahead of rapidly chang ..read more
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Indus Motor Company Uses SAP S/4HANA to Meet Industry Demands
Best Practices for Automotive
by Sharon J. Rehana
5y ago
Indus Motor Company Ltd., a Toyota manufacturer in Pakistan, needed to update its legacy ERP to meet growing consumer demands. Like other automakers, the company was challenged with managing costs, being efficient, and understanding customer needs. Indus knew it needed technology that would connect its teams from production to sales through one source of truth. Data at the Core The company’s CIO Faizan Mustafa realized it was necessary to “move to a system that could provide actionable data across the entire value chain.” Mustafa and his team implemented SAP S/4HANA as the foundation to bring ..read more
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Imagining Innovation with Frank M. Rinderknecht of Rinspeed
Best Practices for Automotive
by Ann Marie Gray
5y ago
To Frank M. Rinderknecht, founder and CEO of Rinspeed, Inc., innovation is more than just a buzzword. Rinderknecht and Rinspeed have been pushing—or you could say, pulling—the automotive industry into the future for more than 40 years. The company’s newest project, a modular, fully automated vehicle called the “Snap,” is much more than pods on wheels. It’s a whole new way of thinking about transportation. Pain Drives Change Rinderknecht doesn’t hold back from proposing big ideas when it comes to the future of transportation—or mobility, as he prefers to describe it. But he isn’t out to dictate ..read more
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