Google self-drving cars
Instructor
Dr. Antonie J. Jetter
Team 2
Abhishek Jain
Jing Jiang
Jonathan Lui
Rohit D'Souza
Standley Limarta
Contents 1 Abstract 4 2 Company Overview 4 3 Partnerships and Strategic Alliance 5 4 Product Analysis 5 4.1 Product value 5 4.2 Technology Assessment 5 4.3 SWOT analysis 7 5 Value Proposition 9 5.1 Safety 9 5.2 Economics 10 5.3 Productivity 10 6 Market Analysis 11 6.1 Market Demographics 11 6.2 Market Trends 12 6.2.1 Changing Laws 12 6.3 Market Needs 13 6.4 Customer Segmentation 14 6.4.1 First Segment 15 6.4.2 Second Segment 15 6.4.3 Third Segment 16 6.4.4 Fourth Segment 16 7 Marketing strategy 18 7.1 Positioning 18 7.2 Position
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The Company competes with Microsoft Corporation, Yahoo! Inc., Facebook, Inc., Twitter Inc., Amazon.com, Inc. and eBay Inc.
Google X, located in Bay area of San Francisco, is a secret facility to experiment with futuristic ideas. It has about 100 employees and generates hundreds of ideas each year. The lab selects only one or two ideas each year and implement those selected ideas. It birthed such as the augmented reality glasses, self-driving car, space elevator, and Web of things [6-7].
Partnerships and Strategic Alliance
Google implements the same business strategy as Nexus business model to their Google self-driving business model and initially they partner with Toyota to cultivate their self-driving technology in the automobile industry. Google and Toyota create horizontal partnerships, and provide jointly used and complementary products. This will lead Toyota to revolutionize its car industry to bring the new experience of driving to its customers. Partnering with Toyota, gives Google an access to the automobile market by using the Toyota’s distribution channel, reducing the primary investment for them to enter the market. This will further cut down their risk of investing alone in this new innovation. Toyota as partner will provide the services such as updating the software, maintenance of the self-driving car.
Product Analysis
Product value
According to the World Health Organization, more than 1.2 million lives are lost every year
Google's self driving cars have driven almost a million miles. People are suggesting that their next invention will be self driving diesels. Then the fear is that the response system will not be up to par and vehicle accidents will increase ten fold. Along with that, jobs will be put in jeopardy. Taxi drivers will be slowly laid off, and truck drivers will be plucked
He includes organizations and people who work at a high level in different automobile industries to convey what each of their perspective is upon the idea of self-driving cars. Hence, he also used direct quotes from young Americans who don’t own a car to demonstrate having a car isn’t necessary, and demonstrates how these mobility services might impact automotive industries and smaller companies as well. Despite Boudette’s lack of adding to the text the negative perspective of autonomous vehicles, he does manage to open the minds of many citizens upon the idea of having self-driving cars in the near future is a positive thing for our growing society and how it may benefit the automobile industries as
With the introduction to new technology in the automotive industry, consumers are struggling to maintain and repair their own vehicles. They are relying on professionals in order to complete even minor repairs on their vehicles which forces them to find businesses which not only provides the needed parts but also assist with instruction on how to replace it. The demand for automobile parts is driven by the age and mileage of vehicles in use and generally increases when fewer new cars are sold and older cares are kept on the road, causing the profitability of individuals companies such as AutoZone to depend on inventory management and marketing (Tippie, 2015). For AutoZone, they were able to expand their brand very quickly with a robust financial performance over the years but with competition like The Pep Boys, O’Reilly Automotive and Advance Auto Parts, Inc. they must continue to analyze their strengths against the market in order to stay
The Institute of Medicine (IOM) reported in “To Err is Human” that an estimated 44,000 to 98,000 people die each year in the
Even though the Ford Motor Company is currently doing extremely well in the automotive industry, they are currently emerging opportunities to be a leader in electrification, autonomy, and mobility. The Ford Motor Company recently purchased SAIPS and Chariot. “SAIPS is a world-class provider of customized algorithmic solutions in the fields of computer vision and machine learning” (Crunchbase, na, nd). Chariot is a company that offers shuttle service and commuter mobility programs in larger cities. The purchase of these two companies will help the Ford Motor Company as they expand as a mobility company as well as the leader in the automotive industry. According to the article, Ford Outlines Growth Plan, “Ford is evolving its business in three ways:
Although it is the most established because of its long history and early start, competitors such as Alibaba Group Holding Ltd, AutoZone Inc., eBay Inc., Rakutenchi Inc., Netflix Inc., Jet.Com, Wal-Mart and Time Warner Cable among others exist (Yahoo Finance, 2015). Notably, apart from Jet.com, Amazon’s competitors are segmented according to products and services offered; for instance, Wal-Mart stores Inc. offers competition in general merchandise and electronics segment while eBay, Time Warner Cable and Apple offers competition in the media segment. Among the competitors, Apple Inc. and Google Inc. have the highest market capitalization; however, the Amazon’s dwarfs all other competitors. Amazon has a high market capitalization at $254.82 billion (Nassauer, 2015). The table below shows Amazon’s major competitors based on their market capitalization and 52-week share price range
Summer 2012 NEW YORK UNIVERSITY STRATEGIC MARKETING PLAN Strategic Marketing Plan Model S Premium Electric Car, Tesla Motors Inc August 20, 2012. New York University Author: Partha Mitra 2 Strategic Marketing Revision History Date Version Description
Technology is everywhere around us, it lead to many useful creations such as computers, cellphones, airplanes, televisions and many more. Technology created many ways for people to move from one place to another, like the metro, bus, train, bicycles and cars. They are the most common transportation tools used by the people who live in big cities. Science is trying to take it a step further by making the car driverless. Self-driving cars are becoming realistic and reliable, since it is developed by many big companies competing with each other for being the first to release it for sale. Big corporations competing with each other are great for the progression of the self-driving cars, because they will all try to make the better one compared to other companies and if they make it, the potential is absolutely insane.
The Nissan leaf has been positioned differently for different market segments. According to Solomon, though the job of the marketer is to create value, build customer relationships and satisfy their needs, it is difficult, as in todays’ complex society people have different needs and therefore it is important to segment markets and target them individually, therefore markets are segmented into different segments on the basis of demographics; age and gender, family structure, income, race, ethnicity and social class (Solomon, 2013). Using these different criteria, marketers segment their markets, according to particular characteristics, which they share, and then target them accordingly. Targeting is evaluating
This technology is no secret as it is being experimented by with more than just by Tesla. GM, Toyota, Mercedes, BMW, and a few others are taking on this new technology and using it to their advantage. Google has also stepped their game up and is producing their own prototypes known as “Waymo” to combat the big boys who already have a strong foundation in the motor industry. In 2012, the Google self driving car drove over 300,000 miles on its own which then gave the company enough confidence to move it onto complex city streets for testing. Eventually, in 2015, the car made it to public streets for the first time and
Google is a multinational corporation that serves thousands of consumers worldwide. Through Internet related products such as Internet searches, maps, emails, mobile apps, and other online contents for users Google became the company it is today. Every employee of Google is different in his or her own way; making it a well-diversified organization similar to the global audience they serve. Google’s mission statement is to organize information from all around the world and make it universally accessible at a quick and orderly fashion. This means creating a search engine smart
Google has announced that their self-driving cars will be on the road in two to five years. The company hopes that they will in America by 2020 but even if they are not people wonder if they will be safe and if we are ready to share the road with these vehicles. I believe that we will be ready for self-driving cars on the roads because we already have vehicles with system to prevent collisions such as early warnings and automatic lane changing from tesla motors. John Villasenor is a professor of electrical engineering and public policy at the University of California, Los Angeles, he is also a member of the World Economic Forum's Global
Google is the most successful information technology and web search company in the world. It was founded in 1998 by two Stanford Ph.D. students, Larry Page and Sergey Brin. The company name, Google, is a play on the word “googol” which is a mathematical term for the number 1 followed by 100 zeros. Larry Page and Sergey Brin chose this name to reflect the large amount of information on the web. The two created this search engine so that people can find anything on the web all in one place. The company’s mission is “to organize the world’s information and make it universally accessible and useful.” Now, the company is far more than a search engine website, it has grown to be a substantial collection of products and services that are
Amazon strives in a rapidly evolving and intensely competitive industry. Amazon competitors include publishers, vendors, distributors, manufacturers, physical world retailers and producers. Other competitors include media companies, web portals, shopping websites, online and mobile e-commerce sites, web search engines, and social networks, either directly or in collaboration with other retailers. Any company that provides e-commerce services, including website development, fulfillment, customer service, and payment processing is considered as a competitor by Amazon. Even Yahoo Inc. is also part of these services now with its new framework for providing easy e-commerce website development and payment processing services. Additional competitors include companies that provide information storage or computing services or products, services related to Cloud Computing, including infrastructure and other web services, companies that design, develop, market, or sell consumer electronics, telecommunication, and electronic devices. The competitive factors in retail businesses include selection, price, convenience, fast and reliable fulfillment. Additional competitive factors for Amazon seller and enterprise services include the quality, speed, and reliability of our services and tools. Many of the current
Focus more on large growing markets and exceed the sales up to 10 million cars per year.