Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the automotive industry. As there is a large number of startups working on a wide variety of solutions, we decided to share some of our insights with you. This time, we are taking a look at four promising Big Data & Analytics solutions for the automotive industry.
Heat Map: 4 Out Of 500 Big Data & Analytics Startups
For our 4 picks of Big Data startups in automotive, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Heat Map below highlights these four interesting examples out of 500 relevant Big Data & Analytics solutions in the automotive industry. Depending on your specific needs, your top picks might look entirely different.
Monixo – Predictive Maintenance
Bringing big data capability to the table, cars can not only detect and send maintenance information to repair stations but also track down the fastest option in case components are needed. Having access to a vast amount of related data through the cloud, vehicles calculate failure patterns and alert their driver of a possible maintenance issue shortly. French startup Monixo provides real-time monitoring and tracking of vehicles to identify and anticipate failures before they occur.
LeadDNA – Supply Chain
Data analytics support car manufacturers in attaining growth as well as in minimizing risk through optimizing the supply chain system. US-based LeadDNA develops a predictive analytics platform to simplify supply chain decision-making. Their insights are generated from analyzed datasets.
Traffilog – Manufacturing
Big data provides automakers with insights into vehicle systems and thus enables them to see how given types of vehicles perform under certain conditions and driving patterns. Israeli startup Traffilog provides this information to OEMs using their telematics system which detects and analyzes vehicle or operator faults and thus reduces wear of the vehicles.
DRVR – Fleet Management/Analytics
Utilizing connected cars and big data analytics, companies maintain are enabled to take better control of their fleets. DRVR from Bangkok provides these companies with fleet management solutions to reduce the costs of fleet operations as well as to improve customer support and security with big data and the Internet of Things (IoT) technologies.
What About The Other 496 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 4 Big Data & Analytics startups showcased above are promising examples out of 500 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.