Automotive Suppliers
Navigating shifts, competition, and dependency with Siemens Advanta solutions
Cost and task shift: Automotive suppliers play a critical role in driving innovation and sustainability as OEMs shift costs and tasks to them, including regulatory compliance and carbon footprint reduction.
Competition for value creation with OEMs: Automotive suppliers face challenges in generating future revenues as OEMs increasingly insource the development and production of critical components such as drivetrains and software.
Dependency on combustion engine components: With the mobility landscape shifting towards a new energy- and data-driven future, many automotive suppliers have a high dependency on offerings related to internal combustion engines.
Limited data access for digital service development: Suppliers often face limitations in accessing data from their own components for developing digital services, as OEMs control the data interface to the end-users.