Industry Insights

As dramatic disruption comes to automotive showrooms, proactive dealers can benefit greatly.  This is the title of a new report published by McKinsey & Company and definitely worth the read.  There is no question our market is changing yet dealers are some of the most creative and committed entrepreneurs around.  I’m confident they can adapt. Read on… https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/as-dramatic-disruption-comes-to-automotive-showrooms-proactive-dealers-can-benefit-greatly  

Challenge, Opportunity…or both?

Depending on who you talk to, the average dealership in North America uses anywhere from 14 to 18 software systems to run its business.  Some suggest this is 3x as many as just a few years ago. Others suggest that as more and more of the car buying experience moves online, this only gets even more complex. Perhaps Dealer Systems…

Big Data = Big Opportunities

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Big Data is defined as high-volume, high-velocity and/or high-variety information assets that enable enhanced insight, decision making, and process automation. In other words, big data is the massive influx of information that can be acquired by a variety of systems. The amount of data stored by industries is now doubling at a staggering rate of once every 1.2 years. Big Data in and of itself has little value until it is analyzed and put to work. It can be thought of as the raw ingredients that are fed into business intelligence and business analytics. Before diving into the deep waters of business data, intelligence and analytics, a couple of definitions are helpful.

Is The Honeymoon Over For The Auto And Tech Giants?

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In The Beginning

The convergence of automakers and the tech industry has been building for years. Automakers were eager to incorporate the knowledge that tech giants such as Apple and Google have gleaned from years of creating digital consumer products and integrate this consumer-centric savvy into their vehicles. This was a fast way to differentiate their product offerings and quickly add value to their vehicles.

For the tech companies, whose markets had been rapidly maturing, the automobile looked like