/ AUTOMOTIVE

THE GEARS ARE CHANGING

Drive through the chicanes of the dynamic automotive industry with ease and confidence.

OVERVIEW

The automotive industry has entered a revolutionary era of rapid transformation. Connected vehicles, autonomous driving, advanced safety, and shared mobility services as well as cost and energy efficient options in the form of hybrid and electric vehicles are taking the industry by the storm. In such an environment, ER&D is the gamechanger and manufacturers need to start planning for the human capital, a dynamic workforce that can swiftly keep up with an industry that is evolving at a breakneck pace.

At Neotech, we help automakers with creative, innovative, and efficient talent solutions capable of catering to this increasingly demanding industry and its just as demanding consumer base.

INSIGHTS

Bain’s Engineering and R&D Report 2023 touches upon the main challenges of the industry.

73% of engineering and R&D focused companies report talent gaps which will worsen after the retirement of baby boomers

10% a year expected rise in engineering and R&D spending

Critical priority to shortening time to market and incorporating novel technologies

60% engineering executives plan to outsource over the next three years to innovate faster amid a shortage of talent

It’s evident from the research data that finding the right talent is going to be more challenging and time consuming than ever and the easiest way to lessen the burden on the company is to form new partnerships to entrust this job to engineering service providers who excel in discovering, training, and retaining talents.

WHY OUTSOURCING AND OFFSHORING

The fierce industry competition exacerbated by the talent and knowledge gap as the current generation retires and young professionals leave for better opportunities necessitates the need for a steady supply of talent to keep the manufacturing process unhindered and seamless.

With outsourcing and offshoring, manufacturers are able to discover young and promising talent pools beyond their own borders in time so that this supply will remain unbroken.

India’s foreign investment policies have been attracting and encouraging manufacturers to set up their offshore R&D centres within the country. The government of India actively promotes foreign investment in the automobile industry and allows 100% FDI. Combined with the “Make in India” campaign, manufacturers are finally unearthing the abundance of talent in the country with domain specific education and training.

Recently, the state of Telangana has developed a dedicated Telangana Mobility Valley equipped with state of the art infrastructure capable of reducing the cost of operations to encourage and support Mobility Industry to conduct R&D in the state.

With such favorable circumstances, India has become the best destination for offshore R&D.

MOBILIZING WITH NEOTECH

In this transforming industry where manufacturers are struggling to keep up with the latest innovations, securing the right solutions delivery experts can save the company valuable time and money. Neotech assists our clients by taking care of all the ER&D talent pool needs to accelerate the productivity and growth of the company. Our experienced consultants efficiently carry out all the delivery and transactional tasks to ensure that the best solutions are always at the ready to meet the client demands. Instead of simple talent solutions, we deliver incredible human assets who can create history. In this way, the clients can focus on designing and strategy while the time consuming labor of talent building is handled by our experts, thus improving delivery and minimizing the cost to company.

WHAT WE DO

Neotech’s primary focus is on delivering the best engineering and talent solutions to encourage the growth and success of the organization.

The current industry is no longer satisfied with just superior hardware, but also demands advanced software to go along with it. Neotech equips the manufacturers with the latest digital technologies that can improve product quality and meet these new customer demands.

Connected Cars
Advanced Driver Assistance Systems (ADAS)
Autonomous Driving
Infotainment Systems
Vehicle-to-Everything (V2X) Communication

Manufacturing and Supply Chain
Electric Vehicles (EVs)
Data Analytics and Telematics
Cybersecurity
Customer Experience and Mobility Services

Engine Management
Advanced Driver Assistance Systems (ADAS)
Infotainment Systems
Telematics

Safety Systems
Body Control Modules (BCM)
Powertrain Control Modules (PCM)
Instrument Clusters

Product Design and Development
Mechanical Engineering
Electrical and Electronics Engineering
Safety and Compliance
Vehicle Dynamics and Control

Materials and Manufacturing Engineering
Testing and Validation
Supplier Collaboration
Advanced Technologies
Aftermarket Solutions

Connected Car Services
Telematics Solutions
Infotainment Systems
Advanced Driver Assistance Systems (ADAS)
Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) Communication

Autonomous Driving Solutions
Mobility-as-a-Service (MaaS)
Data Analytics and Predictive Maintenance
Cybersecurity Solutions

THE NEOTECH FACTOR

Neotech’s approach to the automobile industry is one that aims to provide sustainable results to the client with our expert talent solutions. We believe in maintaining a healthy, mutually beneficial engagement with our clients and our resources.

What sets us apart:

Global Support
Subject Matter Expert
Quick Solutions/Supply
Diversity Specific
Low-cost Solutions/Supply

EXPERIENCE AND IMPACT

Our experience is our greatest guarantee.

X Engagements in Automotive and Mobility
X Percentage of cost reduction
X Percentage productivity improvement
X Project time saved due to quick turnaround
X Companies we've helped achieve full potential for revenue and growth
X Reduction in people costs – promoting visibility on key factors affecting organizational efficiency and productivity