WEBVTT 1 00:00:06.150 --> 00:00:08.670 Digital transformation is key to success 2 00:00:08.670 --> 00:00:11.100 to the BMW group because of the changing 3 00:00:11.100 --> 00:00:14.550 environmental conditions, changing customer demands, 4 00:00:14.550 --> 00:00:17.310 changing circumstances in our supply chain 5 00:00:17.310 --> 00:00:20.040 so we have to react extremely fast. 6 00:00:20.040 --> 00:00:22.723 The best way to tackle those challenges 7 00:00:22.723 --> 00:00:25.173 is applying AI 8 00:00:25.173 --> 00:00:29.837 and utilizing and leveraging the massive amount of data. 9 00:00:33.900 --> 00:00:36.600 We have a very strong partnership with AWS 10 00:00:36.600 --> 00:00:39.690 and BCG X and BMW. 11 00:00:39.690 --> 00:00:42.300 So AWS is tremendously important for us 12 00:00:42.300 --> 00:00:44.670 to build the infrastructure in the cloud 13 00:00:44.670 --> 00:00:47.700 to really kind of allow us to build with BCG X 14 00:00:47.700 --> 00:00:50.310 the analytics use cases on top of that 15 00:00:50.310 --> 00:00:51.840 and jointly deliver that. 16 00:00:51.840 --> 00:00:54.750 Most important is that all of what we are building 17 00:00:54.750 --> 00:00:58.380 is fully owned, enabled and runs with the BMW team 18 00:00:58.380 --> 00:00:59.580 in a sustainable manner. 19 00:01:00.840 --> 00:01:04.590 We have launched a worldwide cloud platform 20 00:01:04.590 --> 00:01:06.690 in order to make data available 21 00:01:06.690 --> 00:01:08.970 from different parts of the supply chain 22 00:01:08.970 --> 00:01:11.280 in order to make the customer experience 23 00:01:11.280 --> 00:01:13.620 at the end of the day significantly better. 24 00:01:13.620 --> 00:01:16.710 It is our goal to anticipate customer needs 25 00:01:16.710 --> 00:01:18.810 in order to produce the best cars 26 00:01:18.810 --> 00:01:21.727 in the best configuration possible. 27 00:01:25.920 --> 00:01:29.220 We'll be able to use customer centricity 28 00:01:29.220 --> 00:01:32.160 not just as a buzzword but we're relaying the foundation 29 00:01:32.160 --> 00:01:33.840 to make this change happen. 30 00:01:33.840 --> 00:01:37.230 It is about the change when it comes to decision making 31 00:01:37.230 --> 00:01:39.840 in our sales processes, inventory, 32 00:01:39.840 --> 00:01:42.000 volume allocation, pricing. 33 00:01:42.000 --> 00:01:44.310 All of that can be enabled with AI 34 00:01:44.310 --> 00:01:49.060 and we can be the first one to really make this at scale. 35 00:01:50.872 --> 00:01:53.340 It is important for us as BCG and BCG X 36 00:01:53.340 --> 00:01:56.910 that we have evolved to be builders not just thinkers 37 00:01:56.910 --> 00:01:59.670 and theoretical consultants. 38 00:01:59.670 --> 00:02:02.610 To build something and think scale from the beginning, 39 00:02:02.610 --> 00:02:05.220 it requires to have a foundation to build on. 40 00:02:05.220 --> 00:02:07.560 Having an infrastructure on which we can build 41 00:02:07.560 --> 00:02:10.680 data ingestion, data pipelines we can build together 42 00:02:10.680 --> 00:02:13.763 is a perfect match for BCG X and AWS.