Image courtesy of TecAlliance
Automotive Report 2020 5eda78299342d

TecAlliance releases Automotive Report 2020

June 5, 2020
The report utilizes machine learning and artificial intelligence to develop data analysis.
As part of its strategy shaping the digitization of the automotive aftermarket, TecAlliance released the Automotive Report 2020. This edition provides deeper market insights than ever before, the company says. First introduced in 1991, the vehicles in operation (VIO) and OE services have become renowned sources of information. The latest edition gives a deep data analysis to ensure long-term success for the international automotive aftermarket.

Automotive Report 2020: How TecAlliance is building the future to serve customers’ need

“The Automotive Report is derived from the Global Registration vehicles in operation to paint a global picture of the current market situation,” said Bernd Meijers, chief editor. “For this year’s report, advanced machine learning algorithms are front and center in the whole process of creating the VIO data. Bulk data obtained from global sources is fed into an artificial intelligence (A.I.) tooling that automatically links the original raw data to the various vehicle tables with remarkable precision. The first results have revealed that the A.I. tooling ensures the best possible mapping against the global vehicle table that is known in the market — that’s how TecAlliance is building the future to serve customers’ needs.”

“In addition, data transparency is taken to a new level, providing insights into the challenges TecAlliance is facing and how TecAlliance is dealing with them. For instance, at the time of this writing, TecAlliance is preparing a source quality document which will tell customers precisely which data fields TecAlliance is receiving from each of its sources,” said product owner Robbert Lasoe.

TecAlliance has matched the global data knowledge of its data specialists all with multiple experience in their fields and the knowledge of its subsidiaries in Mexico, Brazil, Asia, and North America about vehicles circulating in their home markets. The Automotive Report 2020 is the result of a team effort.

The 125-page Automotive Report 2020 is available free of charge for TecAlliance newsletter subscribers and provides useful information about today’s automotive trends and developments across the globe.

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