Consolidate automotive data across the vehicle lifecycle—from dealerships and OEMs to connected vehicles and IoT devices. Track inventory levels, sales performance, and market trends to support strategic decision-making.
Streamline supply chain workflows, fleet analytics, and inventory management by automating order tracking, procurement, and supplier management. Utilize data analytics automotive industry insights to reduce lead times and enhance visibility.
Harness real-time data analysis and machine learning to uncover customer behavior patterns and preferences. Drive smarter marketing, warranty analytics, and service campaigns with predictive analytics in the automotive industry.
Infoveave automates sales and operational data analysis across dealerships, providing real-time fleet and dealer performance insights, helping standardizing operations and identifying training needs.
The pricing optimization module allows automotive companies to create dynamic pricing strategies, enabling swift responses to market changes and competitive pricing, backed by automotive data analytics.
Infoveave integrates customer satisfaction data to help manufacturers identify trends and implement timely improvements, boosting customer loyalty and enabling proactive service interventions.
Automated anomaly detection minimizes data entry errors, ensuring reliable datasets that support accurate decision-making and performance evaluation. Improve data governance and data-driven automotive operations with precision.
Infoveave enables manufacturers to benchmark against peers and analyze market trends, leveraging real-time automotive market insights to enhance market positioning.
Automated report generation ensures timely communication with dealerships, delivering performance updates and actionable insights for improvement. Improve collaboration across the automotive value chain using advanced data reporting tools.
Integrate all your data sources, map them to your KPIs, analyze your data and visualize insights.
Sales forecast accuracy is the percentage difference between actual sales and predicted sales, measuring the precision of sales predictions.
Sales Forecast Accuracy = (Actual sales - Forecasted sales) / Forecasted sales
The test drive conversion rate is the percentage of test drives that result in a sale.
Test Drive Conversion Rate = (No. of test drives resulting in a sale / No. of test drives) x 100
Loan approval rate is the percentage of loan applications that are approved by financial institutions.
Loan Approval Rate = (No. of approved loans / Loan applications) x 100
Product innovation rate is the percentage of new products developed in relation to the total number of products offered by the company.
Product Innovation Rate = (No. of new products/ No. of existing products) x 100
Warranty claims rate is the number of warranty claims made per unit sold, measuring the reliability and quality of a company’s products.
Warranty Claims Rate = (No. of warranty claims / Units sold) x 100
Absorption ratio is the percentage of fixed expenses that are covered by the profits from the service and parts departments.
Absorption Ratio = (Gross profit from service/ Fixed cost of the service department) x 100