Capgemini 's AutomotiveConnect Drives Innovation and Profitability
FREMONT, C.A – IT giant, Capgemini, has declared the launch of AutomotiveConnect Service for Suppliers. The newly integrated service is developed to support Tier 1 suppliers in the car manufacturing industry to adopt global processes for industrialization, boost innovation, and enable efficient use of data to improve profitability.
Capgemini believes, being an automotive supplier, the organization needs to position itself as strongly as possible to cope with future market demands & its fluctuations. Though, Tier 1 suppliers are generally doing well in today’s buoyant economy, they need to fortify their position in advance for unwelcomed predicaments in future. To tackle the need for global standardization seems to lag behind, while continuing to innovate and deriving more business value from data.
Based on analysis of the challenges Tier 1 clients’ face, Capgemini has discussed three focus areas:
Industrialization & Agility – No company wants to stall their standardization processes for shortcomings in individual plant’s resistance. It shall help suppliers to implement global processes at manufacturing plants, engineering centers and sales offices.
Innovation & Change – Suppliers continually need both to find better ways to do the same things, and also to start doing completely new things. The service would support the adoption of new business models and technology innovations enabling the development at speed and cost efficiently.
Insights & Action – Insights act as a bridge, connecting the two modes. Suppliers can secure a real business advantage from a pool of data growing exponentially. One can collect, evaluate and analyze this piled up real-time data, and turn it into insights empowers suppliers to achieve new levels of performance.
"The automotive industry is being fundamentally remodeled by exciting but also highly volatile change. Tier 1 find themselves at a crossroad and are looking to step up as true partners with car manufacturers in shaping the future of the car and automotive services. To be in a position to establish market leadership, Tier 1 suppliers must prepare for a challenging balancing act between the opposing demands of cost efficiency and innovation experimentation that involves iterative development and rapid deployment." remarks Kai Grambow, Global Head of Automotive, Capgemini.
This model for TIER1 clients makes it easier to prepare for the next market disruption. By following this approach—and taking advantage of accelerators specially designed for your industry—you can position your company as a partner rather than just a supplier to OEMs, says report.