Feature: Driving disruption in the automotive industry
Technology is taking over the automotive industry, changing consumer behaviour and driving change across all fronts.
Innovation is centre stage, reshaping how manufacturers address the needs of the modern driver, as they position themselves for the future.
These current trends are making a lot of noise:
This includes autonomous technology, giving drivers the freedom to take care of other personal activities while in motion. Technological advance will also allow cars to become upgradeable in public and private cars at a much faster pace.
Fit-for-purpose mobility solutions will continue to rise, with many vehicles becoming shared for multiple modes of transportation. This could be stark in bigger metropolitan cities much more receptive to changes in transport. Smaller, rural centres show more resilience to these changes.
Shared mobility will fuel the consistent shifts in the automotive industry, as private car ownership declines in the United States. Tailored solutions that meet the needs of every consumer will lead the charge for specialized vehicles catering to specific needs.
Regulation is being revamped to address the shift toward technologically automated vehicles. While fully autonomous vehicles may not be available from a commercial standpoint until at least 2020, advanced driver-assistance systems (ADAS) play a huge role in preparing consumers, corporations and regulators for the reality that driverless automobiles are real.
Forbes predicts that 10 million driverless cars will be on the road by 2020, with one in four cars being self-driven by 2030, which will surely signal the death knell for the traditional model of manually-driven cars.
Although electric vehicles are not new, they are becoming quite competitive in the automotive market.
There are more options for charging batteries, and they come at a lower cost. With stricter emission regulations and increased consumer acceptance of these vehicles (fuel cell, hybrid, battery electric and plug-in), the number of electric vehicles could become almost 50 percent of new-vehicle sales by 2030.
Moving towards the future
Big Bang Disruptions don’t stop with these four. Automotive design is also a factor as it becomes fully computerized. This transformation helps with the improvement of materials and longer life spans, simplified maintenance and on/offline integration.
Disruptive technologies have become a staple in the rebirth and realignment of the automotive industry, and it won’t ever be the same again. Adopting new technologies and products that increase safety and efficiency while reducing costs is only the tip of the iceberg. With so many new incubator platforms waiting in the wings, new concepts are just a thought away.
To read the full feature, head to our Business Review USA magazine HERE.
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.