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Technology Revolution: The Future of Now

Time for a Tune-up: Advanced Analytics and Auto Safety

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9108 Ratings

🗓️ 18 March 2015

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: Safety first. After record vehicle recalls in 2014, automakers are under intense pressure from consumers and regulators to be proactive about product quality and safety issues; protect consumers; and minimize the duration, scale, and cost of recall events. How? Advanced analytics. The experts speak. Mark Gardner, Deloitte: "Anyone who sits on top of the largest hydrogen-oxygen fueled system in the world, knowing they're going to light the bottom, and doesn't get a little worried, does not fully understand the situation" (Space Shuttle Commander John Young). Josh Greenbaum, EAC Consulting: "Beware the unintended consequences of advanced analytics in the automotive sector. Saving lives is unequivocally a good idea, but big data analytics will have other impacts that might not be as well-received." Derek Snaidauf, Deloitte: "Better three hours too soon than a minute too late" (William Shakespeare). Join us for Time for a Tune-up: Advanced Analytics and Auto Safety.

Transcript

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0:00.0

The following program is being brought to you on the Voice America Business Channel.

0:05.1

For more information about our network and to check our additional show hosts and topics of interest, please visit voiceamerica business.com.

0:12.6

The Voice America Talk Radio Network is the worldwide leader in live internet talk radio.

0:17.6

Visit voice America.com.

0:19.5

The views and ideas expressed on the following program are strictly those of the host or guests

0:24.1

and do not necessarily reflect the views and ideas held by the Voice America Talk Radio Network,

0:29.4

its staff and management.

0:45.0

Welcome. Welcome to the most nutritious hour of business talk all week.

0:48.9

This is Coffee Break with Game Changers, presented by SAP.

0:51.4

The best run business is run SAP.

0:54.3

Your host and moderator is Bonnie D. Graham. You'll hear from the innovators who have learned to use game-changing technologies to shake

0:58.3

up the status quo and help move today's businesses in new directions.

1:02.2

Now, here's Bonnie D. Graham.

1:04.5

Welcome, welcome, welcome.

1:05.7

And if you want to run with the game, I'm going to change that too.

1:08.5

If you want to ride with the game changers, that's a hint. You're in the right place. The buzz today is safety first.

1:15.5

Okay, let's get started. After a record number of vehicle recalls in 2014, you saw the headlines.

1:22.5

Come on, you know what I'm talking about. Automakers and other related companies are under intense pressure

1:27.4

and scrutiny

1:28.4

from consumers and regulators to proactively improve product quality and safety. We want them to

1:35.1

protect consumers. We drive, we ride. We want them to minimize the duration, the scale,

1:40.0

and the cost of recalls. We are even calling recalls events now because they happen so often.

...

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