Disruptive innovations are taking a stand in our world and the automotive industry in particular. Under the conditions of continuously evolving market, every automotive company aims to provide the best solution to customer pains, capture its niche and achieve sustainable growth. To be able to accomplish this, they need to conduct comprehensive market research, implement new technologies, and automate operations. Automotive consulting companies are in no doubt a great help to achieve this.
Automotive consulting firms help to develop and execute strategies that boost the effectiveness of market forecast, supply chain/logistics, manufacturing, marketing, aftermarket service, auto finance, and other operations critical to business success. Guidance and technical expertise that comes with automotive IT consulting allows overcoming business challenges and leveraging opportunities that modern technologies can bring. Let us tell you about 7 most popular automotive industry consulting companies that stand behind digital transformation in the automotive industry.
FPT Software is part of an FPT corporation, a global leading technology and IT service provider headquartered in Hanoi, Vietnam. With outstanding know-how and extensive experience, FPT Software is shaping a world-class network of global delivery centers.
FPT Software provides incomparable services like digital consulting services, digital platform services, next-gen technologies, and outsourcing services. FPT Software works with leading technologies like AWS, Microsoft, Airbus, IBM, Oracle, Predix to deliver comprehensive solutions to address customer’s business and technology problems. The company leverages forefront innovations and provides engineering services to customers in multiple projects, ranging from in-vehicle infotainment, CAD/CAE, connectivity to middleware and embedded application.
With the vision of being a company guided by the idea of digital transformation, FPT Software is committed to bringing the highest level of customer satisfaction while contributing to national prosperity and providing its employees with the most favorable working experience.
Bain & Company
Bain & Company is an automotive consulting firm committed to offering the highest level of professionalism and ethical standards. They combine practical approach with bold thinking and turn decisions into actions to deliver results.
Bain & Company is guided by True North. This firm provides advice to public, private and non-governmental organizations. Bain & Company seeks out people and clients who challenge themselves to be exceptional and commit to doing the right thing to other people. The company helps clients overcome the odds by predicting, measuring, and managing the risk associated with the change from day one. Results provided by Bain and the company are structured and orchestrated, which enables companies to achieve a competitive advantage.
Bain & Company addresses the world’s most pressing issues by collaborating with the most innovative and effective organizations with the mission of driving transformative social impact. They support top management in making far-reaching strategic decisions in an environment of distributive change, volatility, and uncertainty. They also help OEMs and suppliers transform their business models and portfolios for the new era of mobility while maximizing profit from their traditional core businesses.
Deloitte Touché Tohmastu limited popularly called Deloitte is a private multinational professional service network headquartered in London, United Kingdom. It is one of the largest professional service networks in the world by revenue and the number of professionals.
Deloitte brings together one of the world’s largest pools of deep industry experts that provide services like auditing, consulting, financial advisory, risk advisory, and Govlab. Deloitte offers a global, integrated approach combined with business and industry knowledge to help clients excel anywhere in the world. They deliver strategies from a business and technology view to help companies flourish and lead in the competitive market.
Accenture is an Irish multinational professional service company that provides consulting in strategy, consulting, digital technology and operations with a focus on software development and implementation. They also provide digital marketing, management, analysis, and mobility consulting services. Accenture helps automotive companies win customers, create custom made business models and enhance the customer experience. In 2017, Forbes named Accenture one of the 12 best management consulting firms in America.
Boston Consulting Group (BCG)
Boston Consulting Group popularly called BCG is an American management consulting firm founded in 1963. BCG has built a network of companies that compliments its management consulting skills. These include Inverto, an international management consultancy service and one of the leading specialists for strategic purchasing and supply chain management in Europe, and BCG Platinion, a BCG branch that covers architecture, implementation, and human-centered design of digital transformation.
In making key strategic decisions, BCG uses future scenarios. They help OEMs conduct successful optimization of indirect functions project management in plants worldwide. Results provided by BCG have a higher pick rate and reduced error rates, as well as require lower investments.
McKinsey & Company
McKinsey & Company is an American management consulting firm founded in 1926 by James O. McKinsey and providing service globally. They provide strategy and management consulting services such as giving advice on acquisition and downsizing, developing a plan to restructure a sales force, and creating a new business strategy.
Over the years, McKinsey has built a reputation for leadership in the world of management consulting. They have provided services to different popular companies like Heinz, IBM, NationsBank, and General motors.
McKinsey helps automotive OEMs and automotive suppliers leverage emerging markets and implement innovations. With a key focus on large-scale performance transformation, they advise automotive companies on strategic questions and challenges related to technology and innovation. Using data and interviews during the hypothesis test, McKinsey & Company consultants are able to design and implement management decisions.
A. T. Kearney
A. T. Kearney is an American global consulting firm that focuses on strategic and operational management. A. T. Kearney helps automotive companies stay ahead of marketplace disruption by continually helping companies transform from within.
By using the “ABC” approach, A. T. Kearney execute digital transformations, which are tailored to meet clients’ specific needs and well as fit their current level of digital maturity. The ABC approach developing custom-made business models that boost performance efficiency and customer satisfaction. A. T. Kearney also helps with supply chain automation, product innovation and development, management of sales and brands, and working towards operational excellence.
Enjoying the support of experienced automotive IT consulting companies, companies get a tremendous competitive advantage and keep on reinventing the automotive industry again and again.