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Powering Technology-,
Competitive-, & Consumer-
Driven Automotive Innovation


Bao Bui
Senior Applications Specialist
Innovation
Opportunity
CONSIDER THIS >>
The annual growth for the auto industry is
expected to hit 6% through 2017*




* Oliver Wyman Automotive Practice
The automotive industry wastes $9.7B,
annually, of R&D dollars working on
previously patented solutions.


- IRN Services
40% of all automotive R&D spending is on
products that do not yield a sufficient
return.        - Oliver Wyman Automotive Practice
Suppliers will be responsible for nearly 60%
   of the industry's R&D work by the end of
   the decade, compared with approximately
   40% today.*

             Sales
            Today                     2020

                                                 Supplier
                    40%              40%         Spend

           60%                             60%
                                                 Manufacturer
                                                 Spend

* Oliver Wyman Automotive Practice
Auto innovation today requires
 on-demand connectivity to:

    Technology trends

    Competitive trends

    Consumer trends
CLICK HERE TO ACCESS THE
  FULL PRESENTATION &
ON-DEMAND VIDEO REPLAY:

http://InventionMachine.com/AutoInno

More Related Content

Powering Technology-Driven, Competitive-Driven, and Consumer-Driven Automotive Innovation

  • 1. Powering Technology-, Competitive-, & Consumer- Driven Automotive Innovation Bao Bui Senior Applications Specialist
  • 4. The annual growth for the auto industry is expected to hit 6% through 2017* * Oliver Wyman Automotive Practice
  • 5. The automotive industry wastes $9.7B, annually, of R&D dollars working on previously patented solutions. - IRN Services
  • 6. 40% of all automotive R&D spending is on products that do not yield a sufficient return. - Oliver Wyman Automotive Practice
  • 7. Suppliers will be responsible for nearly 60% of the industry's R&D work by the end of the decade, compared with approximately 40% today.* Sales Today 2020 Supplier 40% 40% Spend 60% 60% Manufacturer Spend * Oliver Wyman Automotive Practice
  • 8. Auto innovation today requires on-demand connectivity to: Technology trends Competitive trends Consumer trends
  • 9. CLICK HERE TO ACCESS THE FULL PRESENTATION & ON-DEMAND VIDEO REPLAY: http://InventionMachine.com/AutoInno