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Showing posts from 2019

Leveraging the Power of AI to Drive Next-Generation Fleet Management

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“What do you expect out of your Fleet Business?” Ask this question to the fleet owners of today and most of them would say “I wish I could make my fleet transport of people and goods more resilient, agile, and safe.” In a technologically-driven scenario like today’s, it is quite obvious for the fleet owners to have such demands. Especially, if the business is growing. Whether one is dealing with taxis, intercity buses, short/long haul trucks, and trains, the challenges they come across are quite similar. Unexpected weather conditions, repairs, staff shortage, and last but not least, hindrance caused by siloed data while optimizing your fleet’s maintenance. To ensure the lowest TCO of the fleet while dealing with such unavoidable issues one needs to have a robust and secure fleet management system that can help run fleet operations smartly, efficiently, and digitally. Talking about technologies, Artificial Intelligence has become a crucial part of fleet sectors globally. Acc

Blockchain Is the New Black: Know How Blockchain Technology Is Transforming Automotive Industry

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Technologies are magical. We do not just utilize them, we live them. When it comes to the automotive industry, each day turns out to be a remarkable one with disruption experienced through new technology. Blockchain, a fairly new technology to have entered the automotive industry is all set to be a game changer for several use-cases by the year 2021. According to IBM institute’s report, it is predicted that nearly 62% of the automotive industry will make use of blockchain technology. Right from advancing new business models, reward programs and rentals, to changing the nuances of automotive industry’s manufacturing supply chain, there’s no denying that Blockchain is the new black and the new disruptive force. Read on to know the ways in which it is transforming Automotive industry. Creating a Connected Supply Chain It is possible to implement blockchain technology to every facet of the supply chain right from product inception and designing to distribution development and

AutoFacets 3rd Generation Kiosks: Revolutionizing Automotive Services for Digital Auto-Dealerships

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From owning a car as an asset to specifying what features one wants to enhance the mobility experience of customers, we have come a long way. A mobility experience in its entirety is what we are referring to here. The cars of today come with several state-of-the-art features like passenger entertainment, self-driving, voice command, social media integration, AI-driven maintenance software and more. Several automotive dealers who are in the car leasing and renting business, advertise themselves with the tagline – ‘segment-first’. But the sad part? Not all of them are successful in their endeavors. If we try to revive a scenario from a decade ago, it would be common to see a customer walking into a car dealership company, filling several forms, going through multiple brochures and haggling with different staff members before finalizing on a car on lease/rent. But the scenario is quite different now. Customers ask for a hassle-free way to lease/rent/buy cars. And the automoti

Know About the Futuristic Automotive Technologies to Reign in the Coming Years!

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A car that does all the talking and helps the driver get out of the jam using artificial intelligence. A car that drives itself. And a car that suggests fuel-saving routes. A few years ago, cars like these were a work of fiction. They were usually confined to movies and books and were a part of car lovers’ fantasies. But today, we are close to these probabilities. In fact, we live them. The quest to offer vehicles that are much more efficient, faster and safer has pushed car manufacturers to design cars having Avant-Garde designs. Today, we will be talking about Automotive Technologies of 2020 and beyond. We will be acquainting you with what technologies are being tested, the ones that are doing fairly well and the ones that are proving to be highly successful. Time to sit back and enjoy the drive! Image Self-driving cars According to a survey conducted by INRIX in the year 2018, German drivers spend an average of 120 hours of their years in traffic. Now, imagine the numbe

What Makes Dealership Management Systems Imperative for the Automotive Dealers of Today?

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“There’s a bumper sticker on my Range Rover which says “Blow a horn if car parts fall off.” This new sticker is the replacement of a previous sticker which said: “Each part that falls out of this car is of superior European quality”. I am done dealing with airflow sensors, head gaskets, coil pack and heaters that ask for the removal of the entire dashboard. The revisits at auto dealers are not fun. And I forget my checkbook each time!” This is what a rant from a customer done dealing with obsolete automotive dealers sounds like. Whether you already own an automotive dealership or you are about to start a new one, you need to take care of several aspects and stay on top of them. If your data is an amalgamation of details scattered all over the place including CRM, emails, ERP, local files and manual documents , there’s bad news! You will not be able to cope with the expectations of modern customers. What you need is a comprehensive, robust, and reliable

Role of Technology in Automotive Dealer World and How It Is Transforming Customer Experiences

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“ You can innovate your brains out and get a great product. But it is hard to sell cars. It is a hard business.”  —  Mark Reuss, Executive Vice President, General Motors. Automotive dealers  thriving in the technology-driven world are often overwhelmed with technology. Especially, the old school ones. The ones that are reluctant to change. On the other hand, car freaks are already fantasizing about the digital versions of their choice, make, and model. Also, they do not want to rent or lease cars by visiting automotive dealers. They want the car to be delivered at their doorstep. In a scenario like this one, there arises a dire need to invest in a technologically advanced dealer management system . But the question is, what should a modern dealer management solution entail? And how is it likely to change the customer experiences? Let’s take a drive down the trail of  future of automotive dealerships: VR Test Drives & Remote Purchasing A survey conducted by Auto Trader in

15 Surprising Facts: How Online Car-buying is taking the front seat!

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Today, consumer behavior is a multidisciplinary science that investigates not only the consumer decision-making process and the acquisition of product but also the further activities of the consumer after the purchase of the product, such as using, evaluating and rejecting the product or service. Download this fact & figures rich infographic comprising 15 surprising facts, which will help in; 1.        Deep understanding of the latest consumer behavior that are impacting your Marketing Strategies 2.       Secrete of the most successful dealerships leading in the Market 3.       Unlocked tips to convert your every lead in the deal.