Highlights from the IAA presented by Azgar Ulla Shariff, Senior Director at Caresoft Global

Are you rich in data but poor in action? Many in the industry face a similar challenge: piles of data slowing them down, rather than providing the competitive advantage needed for success. At Caresoft, we understand that data alone isn’t enough; what you need is actionable intelligence. For nearly a decade, Caresoft has been a world leader in cost reduction, and now we are unveiling Eureka, our revolutionary cost reduction application.

Watch our video to learn more about how Eureka can transform your approach to cost reduction.

Summarising the Power of Eureka:

• From Data to Knowledge: Eureka shifts your starting point from raw data to actionable knowledge.
• Vast Knowledge Base: Access more than 700 ideas covering a cross-section of various systems, commodities, propulsion types (EVs, hybrids, extended range EVs), platforms, and regions. These ideas are generated by Caresoft’s subject matter experts during the teardown of 35 vehicles annually in our technology centres.
• Rapid Idea Generation: Get instant access to approximately 200 to 250 ideas in just a four-week cycle time, significantly reducing lead times.
• Tangible Savings: Customers typically gain an average of 300 ideas per vehicle, accounting for approximately $500 to $600 in savings, around 50 kg of mass reduction, and about 20 minutes of assembly time savings.
• Detailed Insights: Every idea comes with seven blocks of information, including a Bill of Material (BoM) hierarchy to define its scope, an applicability matrix showing which vehicles execute the idea efficiently (benchmark set) and inefficiently, and an idea impact assessment on cost, mass, and time using a five-bar scale.
• Real-world Examples: Learn from cutting-edge engineering, such as the Xiaomi YU7’s integration of four ECU modules into one, offering an industry-first panoramic heads-up display, or the removal of audio amplifiers in the Tesla Cybertruck and Leap Motor C10, integrating them into a PCB.
• Technology Centres: Our eight global technology centres, including our facility in Oxburg, are always available for customers to access physical components. These centres often have four to five vehicles toned down and available for parts review.

Whether you’re starting a new programme and benchmarking against virtual best ideas, engaging in advanced engineering, or tackling existing cost reduction problems, Eureka empowers you to push the curve to the left and achieve competitive advantage.

Lead the shift. You don’t need to go look for the gold; Caresoft will offer it up to you.