Worker performing test on machinery

by   |    |   4 minutes  |  in Automotive, Creativity & Innovation, Digital Transformation

The penalties for poor maintenance can be high—in energy production, loss of revenue and component costs, as well as fines levied for non-delivery. But contrast this with time and/or operation count-based maintenance where a piece of equipment gets maintained whether it needs it or not. This is labor intensive and ineffective in identifying problems that…

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2018 automotive industry trends

by   |    |   6 minutes  |  in Automotive, Business Technology, Creativity & Innovation, Research, Strategy

New data-driven services, strong light-weight materials and a rapidly built-out infrastructure for electric vehicles (EVs) are trends impacting the automotive industry this year. Stefan Issing, the Global Industry Director for Automotive at IFS, presents his industry predictions for 2018. Trend #1 Service revenue in the automotive industry will increase by 30% during 2018 When German…

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E-fuels

by   |    |   3 minutes  |  in Automotive, Creativity & Innovation, Mobility

In the context of increasing air pollutions in the cities and “Dieselgate,” everybody is talking about electronic vehicles (EV) and hybrid cars. But to be competitive with combustion engines, it is still a long way to go, considering price, distance, infrastructure, etc. Maybe the automotive industry should rethink the entire future of mobility ─ what’s…

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What you need to know about quality assurance and management for the automotive industry

by   |    |   2 minutes  |  in Automotive, Business Technology, Strategy

Quality can be defined as “fitness for use as defined by the customer.” A quality product or service contributes to customer satisfaction; poor quality means ­dissatisfied customers. In today’s competitive marketplace, the process of controlling internal and external quality processes has become increasingly important and more complex for all ­companies. Especially in the automotive industry,…

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Highlights from International Motor Show 2017

by   |    |   2 minutes  |  in Automotive, Events

Time for a review of the International Motor Show 2017 in Frankfurt, Germany. The cream of the crop of the scene has been on the FORUM stage and in the Speakers’ Corner during the International Motor Show 2017, IBM, Mobileye, McKinsey, Roland Berger, Continental, Kaspersky, NXP and World Economic Forum, to name a few, have…

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Q&A with Stefan Issing: How automotive companies are managing IoT

by   |    |   6 minutes  |  in Automotive, Business Technology, Events, Strategy

Stefan Issing, Global Automotive Industry Director at IFS, answers questions from Automotive Industry Magazine on “ERP systems in IoT environments” while attending CeBIT 2017. The Internet of Things (IoT) and the complete digitalization of economic sectors create a ton of so-called “big data,” but this huge amount of data must be analyzed. One of the…

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Data and electric driving automotive in new directions in 2017

by   |    |   7 minutes  |  in Automotive, Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Research, Strategy, Supply Chain

The race to integrate new, lightweight materials into mainstream models will intensify, decades-old production processes will need to be transformed and China will grow its lead in electric vehicle (EV) production. Automotive competition in 2017 will be fierce—but will come from unexpected directions. Stefan Issing, Global Industry Director for Automotive at IFS, predicts that these…

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new automotive manufacturing processes

by   |    |   3 minutes  |  in Automotive, Business Agility, Manufacturing, Supply Chain

Now that the 2016 season is over, it’s time to talk a little bit about Formula 1® . Formula One is a hothouse for the development of ultra-high-speed, ultra-lightweight, tough, crash-resistant materials. In 2017, materials and technologies developed in Formula One will keep transitioning into mainstream serial manufacture. But, cost will remain an issue. Big-money…

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Les trois tendances disruptives de l’industrie automobile en 2018

by   |    |   3 minutes  |  in Automotive, Business Technology, Strategy, Supply Chain

Few industries have optimized their business processes to the same extent as the automotive industry. Based on the recommendations of national and international automotive associations, complex supply chain processes have been created which place high demands on the information technology used by the enterprises involved. To be of best possible service, enterprise software should optimize…

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eMobility as compared to international standards

by   |    |   2 minutes  |  in Automotive, Business Technology, Creativity & Innovation, Events

eMobility will be a hot topic for many years in all regions of the world, and OEMs and suppliers must be prepared for the future. After the eMobility Summit 2016 in Berlin, the Center of Automotive Management (CAM) analyzed the turnover of e-cars. Especially important is that, up to September 2016, the markets show a mixed picture. Worldwide…

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