Tag Archives: Technology start up

Jaguar Land Rover & BMW to launch technology startups.

Both Jaguar Land Rover and BMW are launching initiatives to encourage automotive technology startups.

The newly founded BMW Startup Garage sets out to tap directly into the potential of particularly innovative startups. With the BMW Startup Garage, the BMW Group is continuing its successful collaboration with startup companies. The combination of the strategic and global planning clout of a large corporation with the culture of ongoing innovation, creativity and venturesomeness that marks out successful startups has already proved a winning recipe. In addition to the BMW Startup Garage, the venture capital company BMW i Ventures also fosters the exchange with young enterprises developing innovative solutions for urban mobility.

The BMW Group has, moreover, joined forces with the Centre for Innovation and Business Creation – UnternehmerTUM – at Munich’s Technical University in order to set up the “TEchFounders” accelerator programme for technology startups. The Accelerator Programme introduces the BMW Group to innovative technologies, products and services at a very early stage, with the option of working together with the startup teams.

The BMW Group has always actively sought new, pathbreaking technologies, but until now it has been difficult for startups to present their ideas to the company – the internal processes and procedures of a major enterprise can be quite daunting to fledgling companies. With its slimmed-down, efficient processes, the BMW Startup Garage now allows for swift and flexible collaborative projects. That way more startups can be identified and integrated more rapidly. Any interested startup companies can apply online to the BMW Startup Garage. The selection is then made directly via the BMW Startup Garage in close consultation with the innovation management team and the relevant departments of the BMW Group.

Selected startups subsequently undergo a special programme lasting several months. At the core of this programme is the development of a functional prototype with an application relevant to the BMW Group. Startups also receive assistance in building up their network within the Group and in drawing up a business plan.

In principle, any startup anywhere in the world can apply. And the scheme is not restricted to companies in the automotive sector, but extends to technologies that can be transferred to automotive engineering applications. However, applicants must meet a number of requirements as well: “We’re looking for good startups and not good inventors,” explains Matthias Meyer. “Anyone thinking of applying needs to bring along not just a great idea but a great team as well. After all, only a top-flight team can make ideas work successfully.”

As Jaguar Land Rover reveals In Control Touch Pro, its next generation infotainment and connected car technology in the all-new Jaguar XF, it has announced a new initiative to support the development of future infotainment technologies in the US.

Jaguar Land Rover will now launch an ‘Innovation Incubator’ project in Portland, Oregon, to encourage, promote and support new software-based automotive technologies that are being developed by US technology start-ups.

The focus will be on finding innovators who have great potential ideas, but need Jaguar Land Rover’s technical help to make these concepts a reality. The Innovation Incubator project begins in May 2015 with an outreach program to US universities. It will select around 120 start-up companies for Jaguar Land Rover to work with over the next decade.

Nick Rogers, Engineering Director, Jaguar Land Rover, said: “As well as pioneering new ideas and developing our own technologies in-house, we want to develop even more collaborative partnerships with the world’s leading technology businesses. We want to cast a wide net and invite technology start-ups to pitch us their ideas, rather like TV’s Shark Tank or Dragon’s Den! If we think they’ve got something innovative that could enhance the experience customers have in our vehicles, we want to support them and help develop their ideas.”

This support includes a space in a new ‘Innovation Incubator’ centre that will be developed in Portland specifically to accommodate these technology start-ups. Jaguar Land Rover will also recruit 50 experienced engineers who will work directly with these start-ups in Portland to help them make their ideas a reality.

“This incubator approach will enable us to seek out and encourage young companies with brilliant ideas for new technologies who may lack the technical skills or knowledge of the automotive industry to move their ideas forward. As well as mentoring them and offering them technical support, they can base themselves with us and develop and test their ideas in our brand new, collaborative and innovative environment in Portland,” said Matt Jones, Head of Future Infotainment, Jaguar Land Rover, who will manage the new facility.

Jaguar Land Rover has already run a pilot for the ‘Innovation Incubator’ programme and identified a project with a US technology start-up called Vonsor.

The innovative Vonsor system is currently under development with Jaguar Land Rover’s engineering team in Portland. The system will allow drivers to take live footage from cameras inside and outside the vehicle, edit them together on the vehicle’s touchscreens and then share the footage on social media.

“This is completely in tune with the social media generation. People of all ages love to capture their experiences on their smartphones and share them. The Vonsor system allows you to save both your on and off-road driving adventures, with cameras integrated in the vehicle filming anything from wheels articulating over an obstacle, to the whole family having fun inside the car whilst driving along. Vonsor would allow you to collate all of that footage, edit it together and post it all from the vehicle’s touchscreen – so everyone can share the experience,” said Justyn Baker from Vonsor. “We met Jaguar Land Rover at a start-up pitch competition, and it has been great to get their support and insight. It has helped open my eyes to more possibilities than I had ever imagined.”

Sources: BMW, JLR

Banner space

 

Banner space