Powering Technology-,
Competitive-, & Consumer-
Driven Automotive Innovation
Bao Bui
Senior Applications Specialist
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
40%
60%
Sales
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.*
60%
40% SupplierSpend
ManufacturerSpend
Today 2020
* Oliver Wyman Automotive Practice
Auto innovation today requires on-demand connectivity to:
Technology trends
Competitive trends
Consumer trends
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