Auto Industry at a crossroads………….#innovation

Despite claims to the contrary there is little doubt that the Automotive Industry has lagged behind major social trends in terms of energy efficiency, global climate change & emissions.

For decades the industry did little to improve fuel efficiency until the oil crisis of the early 1970’s brought about the demise of gas guzzling V8’s & V12’s.

The industry now faces a perfect storm of stricter emissions controls particularly regarding Nitrous Oxide emitting Diesels & consumer pressure for a ‘green’ alternative.

This has all been exacerbated by the Volkswagen emissions scandal although to be fair to the Automotive suppliers they have been reacting to social pressure to reduce carbon dioxide emissions (from petrol cars) backed by Government incentives to increase diesel motors at the expense of petrol. This has been promoted in the U.K & elsewhere by reducing Road Tax on Diesel cars & making petrol relatively expensive.

Governments seem to conveniently forget it takes 5-7 years to bring a new model to market from initial concept to volume sales.

Whereas most of the major manufacturers have invested heavily in electric & hybrid alternatives they face disruption from ‘new’ players in the market like Tesla. Indeed future competition will come from the Technology sector & not the traditional Automotive sector.

It has been estimated that up to 80% of new cars are bought via ‘cheap’ finance, readily available due to historically low global interest rates. This cannot last & already there is talk of a finance bubble ready to burst.

The Auto industry faces many challenges over the coming years & needs to be fleet of foot & responsive to customer needs if they are to survive the next decade when technology & social changes will only become more pronounced.

Chris@amberhill.biz

www.amberhill-associates.com

Globalisation is Good………………………………..#innovation

design-processMuch has been said about the ‘evils’ of Globalisation & the impact on impoverished workers resulting in Brexit in the U.K & Trumps victory over the pond. But what about the positive impacts of Globalisation which are rarely trumpeted (excuse the pun)

The export of manufacturing jobs from the West to Asia has undoubtedly impacted on job security in the West but what about the subsequent cost reduction in the price of consumer products.

Also, hundreds of millions of people have been lifted out of poverty in China & Asia as a result.

Those very same products are bought by the same people who moan about foreigners stealing their jobs. A TV which can be bought for £200 in a UK supermarket would cost may times that if manufactured in the UK.

Protectionism is no answer to under employment. All that will happen is the Countries affected by Tariffs will introduce their own in ‘revenge’, take the auto industry as an example.

Every car manufactured in the U.S contains hundreds of components which are made abroad. If each of these components increases in costs the unit cost of the car goes up reducing competitive advantage & ultimately the business is bankrupt.

In the end everyone loses as bureaucracy strangles innovation & the economy shrinks.

The only way to ‘protect’ jobs is by investing in education & innovation. By producing individuals who can develop & create the products & services of the future. These will be made wherever it is cheapest to do so lifting the impoverished up the socio economic ladder & increasing their own economic power.

In the UK manufacturing is only 10% of the economy but we have some of the worlds best design & development Engineers earning good salaries creating innovative products even if they are manufactured overseas.

Apple is recognised as one of the Worlds most successful & innovative corporations employing thousands in well paying jobs – but not a single iPhone is made in the USA.

‘Putting America first’ may give short term gains but will ultimately end in disaster.

chris@amberhill-associates.com

www.amberhill-associates.com

 

Gnomes predict AI to cause 7 million job losses……….#technology

artificial-intelligenceIn the U.K today salaries have barely risen in real terms in the last decade & despite decreasing unemployment many find themselves in the precarious position of holding short term contracts with minimal security.

It is hardly surprising that the introduction of Artificial Intelligence & automated technology fills many with dread.

The subject was recently discussed in Davos at the annual WEF meeting & the World Economics Forum predict a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. (in 15 leading countries)

Like all new technologies there will be gainers & losers, most of the job losses will be in customer service industries & healthcare whereas the 2 million jobs will be mainly highly paid engineering & scientific roles to deliver these new technologies.

Of course none of this is inevitable. ‘The Future’ is not a destination which already exists & to which we travel inexorably. We all create the future & it is largely a result of the political & ideological choices we make on the journey.

Happy 2017.

chris@amberhill.biz

www.amberhill-associates.com

 

Petrol Head Dead ? #innovation

In today’s Guardian Newspaper there is an article which describes Jaguar Land Rovers plans to invest millions in Electric car & battery technology creating up to 10,000 extra jobs in the UK.  According to Greg Clark the Business Secretary this Technology will form a key component of the Governments Industrial strategy which is to be revealed in the coming weeks.  Part of this will no doubt involve the development of autonomous vehicles which will whisk us from A to B with hardly a conscious thought. In fact current concerns regarding mobile phone texting & driving will disappear as our motors transform into mobile offices & theporsche-911-vintage commute we used to gather our thoughts and prepare for the day ahead is lost forever to the ever encroaching working day – whatever happened to ‘working from home’ ?

Anyone who travels regularly on the UK’s roads realises that the ‘joys of motoring’ were probably last experienced in the 1960’s. Most roads are so congested it is virtually impossible to put your foot down & enjoy the thrills of the road unless you journey to remote parts of Scotland.

The increasing adoption of autonomous vehicles will kill off the ‘petrol head’ forever – as the act of driving becomes more  passive & our senses are cut off from the experience.

Fairly soon driving enthusiasts will join their steam train colleagues in the anorak brigades.

But hang on; maybe, just maybe, there are enough of us out there who hate the idea of autonomous vehicles & want to buy a car to drive. Perhaps we are many & some of the Automotive manufacturers will realise that a sizeable proportion of their customers actually enjoy driving when the conditions allow & want to buy a car to drive it, not the other way round.

chris@amberhill.biz

www.amberhill-associates.com

 

 

The Future is Electric……………….#innovation

The main constraints of electric car technology – range & charging time – have been surmounted by an exciting ‘new’ technology developed by research company Nanoflowcell.

quantinoUsing a liquid battery technology originally developed in the 1950’s & perfected by NASA their Quantino concept car combines positively & negatively charged fluids in fuel cell to generate electricity & harmless water vapour.

The car has achieved a range of over 600 miles on one ‘charge’

Major OEM’s have shown a lot of interest in the technology and the company is in talks with one ‘large manufacturer’ to put the technology into production.

Time will tell but there is little doubt – the automotive future is electric.

Chris@amberhill.biz

www.amberhill-associates.com

Start your own #consultancy #business from scratch..

So you really want to start your own Consultancy business from scratch !?

ppt1Here are some tips I hope will help:-

  • Identify your key skills – if you want to sell yourself as a Consultant the first thing you need to identify is the skills you possess which people will be willing to pay for. If you can’t do this don’t give up your day job.
  • Develop a Business Plan – don’t put it off because you can’t be bothered or don’t think it’s necessary. If you want people to take you seriously as a Business you need to start thinking like a Business.
  • Identify your target market – who are you going to sell your skills to ? – your current or former employer perhaps ? Former customers or suppliers, ex colleagues, business partners etc etc
  • Network – Develop your contacts, LinkedIn is great for this but don’t forget about your address book & business card collection.
  • Have a look at the Professional Contractors Group website www.pcg.org.uk – it has a fantastic free downloadable guide for freelancers/consultants.
  • If you still want to take the plunge this is perhaps the hardest step of all – You will need a MINIMUM of 6 months income in the bank before you start. Do not plan to earn anything from your Consultancy business for the first six months. If you really want to succeed with your own Consultancy business you will find this money. If you see this as too big a hurdle then sorry but Consultancy is not for you.

Look out for my new book “Start your own Consultancy – Now!”

chris@amberhill-associates.com

www.amberhill-associates.com

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10 things we can learn from the #chinacrisis

 

 

 

 

 

 

CHINA07

1) What goes up MUST come down – I know it’s obvious but some people really believed it was possible for an economy to grow at 7% per year indefinitely – just ask the punters on the Shanghai Index.

2) Gordon Brown didn’t abolish boom & bust – but then we all learned that 7 years ago. Capitalism, for all its pros & cons, is inherently cyclical.

3) Every Market is interconnected – more so now than ever before, any crisis in China will be replicated to one extent or another around the globe.

4) No Government controls the market – whether its the State Capitalist Chinese or the Western Democracies – intervention is limited in its affect.

5) Transparency is a concern – Is the Chinese economy still growing at 6%, 5% or much less – no one knows & there is a distinct lack of trust in the data supplied by the Chinese government.

6) It will impact us all :- The Chinese economy is the second biggest market in the world & although exports vastly exceed imports the purchasing power of the Chinese middle classes will be severely curbed.

7) Social upheaval will follow – The political tensions in China will erupt (to one degree or another); The Chinese Government will struggle to keep a lid on the educated middle classes who have got used to continuous growth & increased wealth.

8) Capitalism is in crisis – as boom follows bust & vice versa Capital flows to the point of highest growth – leaving chaos in its wake.

9) What comes next ? – no one knows – but maybe we should be looking to develop a sustainable society based on full-filling human needs rather than continuously expanding Gross Domestic product ?

10) The sun still rises in the East, sets in the West & the world keeps on turning.

chris@amberhill.biz

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Rise of the nanobots………………….#innovation

NanotechnologyThe global nanotechnology-based medical devices market is poised to grow at a CAGR of 11-12% from 2014 to 2019. The rapid surge in aging population, increasing international research collaboration, and increased government support for nanotechnology are the major factors driving the growth of the nanotechnology-based medical devices market.

This is one of the areas in which nanotechnology is set to make an impact and who’s use will grow exponentially & prove to be truly disruptive. It may not be long before, instead of going into hospital for major surgery we simply down a glass of nanobots which travel through the bloodstream to arrive at their pre-programmed destination to perform corrective survey without any disruptive invasive procedure.

Another exciting example of Nanotechnology is self-healing materials. These will be able to repair themselves by utilising tiny robots which live on or in the material itself. The Automotive industry is actively engaged in research to develop self -healing paints which will remain scratch free indefinitely.

Nanotechnology is a truly disruptive advance which is set to transform our world forever.

chris@amberhill.biz

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This will change everything……………..#innovation

artificial-intelligenceHave you heard of the ‘Human Brain Project’ ? :-

‘Understanding the human brain is one of the greatest challenges facing 21st century science. If we can rise to the challenge, we can gain profound insights into what makes us human, develop new treatments for brain disease and build revolutionary new computing technologies. Today, for the first time, modern ICT has brought these goals within sight.’

‘The HBP is working to develop a collaboration infrastructure, which would among other tools include network and cellular simulators, in-silico experimentation facilities, and the opportunity to execute the combination of simulator model and in-silico experiment on a supercomputer or computer cluster. During the project, the tools and the collaboration infrastructure developed by the HBP researchers will be made accessible for the entire neuroscience community. At the seminar, HBP researchers and external neuroscientists will explore the challenges, opportunities and implications of the HBP collaboration infrastructure, and formulate hypotheses, focusing on testing of cognitive tasks like spatial navigation and visual action recognition, that could be tested when the facilities has been developed.’

These developments once thought fantastical reflect the thoughts of pioneering futurist Ray Kurzweil who has talked about the idea of a ‘singularity’ – a point in time in the near future when the development of artificial intelligence reaches a point beyond which it is almost impossible to predict what will happen as humans combine with intelligent machines to produce a race of ‘super- humans’ capable of extended life with un-imaginable consequences. These ideas are both terrifying & exhilarating.

Once considered purely Science Fiction the Human Brain Project suggests that this truly disruptive technology may be closer than we think.

chris@amberhill.biz

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Internet of Things edges closer #innovation

The Internet of Things edges closer at the Port of Hamburg. 40,000 vehicles move through the port daily & a smart network of sensors on roads & in parking places is helping to speed the flow. This is the Internet of Things (IOT) in a real world application. The system delivers real time information to a variety of computer systems enabling Logistics to be managed more effectively.

IOT2The real benefits will come with machine to machine communications completely independent of human input. This is the ultimate destination of the IOT & is truly ‘disruptive technology’.

Imagine in the near future the same technology willM62 take direct control of your car during periods of heavy congestion, eliminating bunching & moving large volumes of vehicles inches apart at a constant speed.

The Internet of Things will change society forever & is another example of technology which causes a seismic shift.

chris@amberhill.biz

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