The automotive industry is in the midst of a revolution. Jaguar Land Rover’s Michael Mychajluk Purchasing Risk Manager said “the car of tomorrow will make increasing use of sophisticated, highly integrated electronic systems for safety, comfort and performance. There are many exciting areas of development enabled by electronic systems but this introduces a significant complexity issue which can only be addressed by a supply chain that works more effectively together. This presents us all with a once in a generation opportunity to streamline the process and accelerate innovation from R&D to on-the-road production vehicles”.
This revolution is evident in key industry indicators:
Explosion of electronics in vehicles (>40%) – sector worth $275B by 2020
80% of innovation in-vehicle comes from electronics
This revolution is being driven by factors such as manufacturer capability, consumer demands and regulation yet it is enabled by the proliferation of Electronic Systems into all aspects of the vehicle and environment. These systems have already had a dramatic impact on car safety, economy and control but will continue to enable compelling new applications that will have a dramatic impact on transport systems and the consumer experience.
How AESIN is setting out to enable accelerated innovation (Andrew Birnie, Freescale – NMI Summit 2013).
The UK has strong credentials in the automotive sector from the University R&D base through to the seven volume car and eight commercial vehicle manufacturers. Times are changing and the race is on. The market winners in this race will be the automotive companies that engage in open innovation practices, developing new partnerships in a technology fuelled eco-system enabled by intelligent systems and connectivity. We are proud to introduce a dedicated UK initiative focused on the accelerated and advanced delivery of Electronic Systems into the car and infrastructure: Automotive Electronic Systems Innovation Network or ‘AESIN’.