How Solutions as a Service is Reinventing John Deere’s Vision for the Future
BCG's expert Jonathan Van Wyck and John Deere’s Matt Percy discuss how solutions as a service is revolutionizing agriculture.
Connected and electric, the future of the automotive industry is taking form—and reshaping the competitive landscape. BCG helps automotive companies both master how the game is played today and transform to win tomorrow.
Nathan Niese
Now is the most exciting time in the history of the automotive industry. It’s also the most challenging. New entrants are disrupting how the business works, while innovations such as software-defined vehicles and generative artificial intelligence (GenAI) are fueling new opportunities and challenging the status quo. To lead the way, legacy automotive companies must evolve, adopting new business and operating models, new ways of working, and new approaches to automotive strategy.
The automotive industry is shifting rapidly, propelled by new ideas and possibilities. BCG helps companies turn inspiration into innovation, creating the vision that takes them—and the industry—even further, while building the resilience to respond quickly to challenges and uncertainty, such as volatile supply chains. We partner with clients to create a next-generation automotive strategy that accelerates the journey to sustainable mobility and electrifies the future, as well as the cars themselves. And we empower them to seize new opportunities long after we’ve left the scene.
Collaboration and enablement are at the heart of our automotive consulting work. So is our holistic approach. With more than 1,100 experts around the globe and across the value chain, we help companies both new and old develop connected and autonomous vehicles, pursue new businesses, and launch large-scale automotive digital transformation projects. Five key themes stand out:
We work with OEMs, suppliers, retailers, and other players across the automotive value chain to shape the journey to sustainable mobility. Our automotive consulting services have been integral in launching new vehicle manufacturers, transforming established players, and guiding some of the industry’s most successful mergers and automotive digital transformation projects. Here are some examples.
Through a large-scale cost transformation, we enabled a European premium vehicle manufacturer to realize more than $7 billion in cash and earnings before interest and taxes (EBIT) improvement, helping navigate tough market conditions and helping fund the internal combustions engine (ICE) to battery-electric vehicle (BEV) journey. We also helped strengthen their supply chain and lowered material cost, including for the new BEV platforms.
We worked with a global vehicle manufacturer to optimize their partner network for their next generation of software-defined vehicles. We enabled quicker and broader access to cutting-edge technology and optimized the deployment of more than 10,000 engineers and more than €2 billion annual R&D spend.
We helped a leading off-highway vehicle manufacturer revamp its supply chain and improve its engineering efficiency by supporting initiatives that will deliver approximately $250 million in annual EBIT opportunity. Within engineering, our team also outlined ways to reduce costs by 10% and improve speed to market by up to 35%.
BCG's expert Jonathan Van Wyck and John Deere’s Matt Percy discuss how solutions as a service is revolutionizing agriculture.
North America's largest tire distributor aimed to stop the wasteful disposal of used tires—and became a transformative model of circularity. Hear from ATD leaders about their partnership with BCG.
To pioneer a digital transformation of its operations, global automotive supplier Forvia partnered with BCG to define its ambition and implement digital use cases. In this video, Jean-Paul Michel, EVP of Interiors for Faurecia, and BCG’s Alex Miannay reveal how Forvia Interiors is embarking on its mission to become the industry leader in material flow management, transformation, and assembly.