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Predictive Service

Predictive Service

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Page 1: Predictive Service

Predictive Service

Page 2: Predictive Service

Predictive Service- it’s what we do

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Page 3: Predictive Service

Customized and industry solution

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Indico Deepview

Page 4: Predictive Service

Deepview

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Page 5: Predictive Service

Benchmarking quality is difficult…UNTIL NOW

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Everyone wants the

data, but no-one

wants to share

There’s no

industry

transparency

OEMs use their own

data without empirical

competitive views

Suppliers have

blind spots to

certain OEMs

Deepview is a syndicated

study of predictive automotive

service repair frequency.

It allows you to see service

frequency in the field today and

where they’re headed as

vehicles age across

manufacturers, carlines

and components.

Page 6: Predictive Service

What’s the deal with Deepview?

▪ Industry service records

from 2000 to present

▪ Warranty claims

▪ Customer pay

▪ Industry dictionary

▪ Category

▪ Subcategory

▪ Component

▪ Segment

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▪ Proprietary projection

methodology

▪ Fine-tuned over the past 10

years

▪ Methodology backed by the

world’s largest re-insurance

company

▪ Validated across multiple

OEMs and suppliers

Equal comparisons over time on what is occurring and about to occur in the field on over 500 models and 600 components

Page 7: Predictive Service

Data Flow

An activity is performed

on a vehicle

Activity is recorded in

the DMS

OEM / Supplier

Third party data partners

Claims Database

Raw Service Language

Cleaned Service

Language

WP Service Language

Classification

WP Component Hierarchy

~1000’s labour operations

636 components• VIN• Date• Dealer reference• Activity description

• VIN• Claim date• Paid Date• Claim ID• Claim type

• Customer concern code• Dealer ID• Labour operation• Replacement parts• Costs

Page 8: Predictive Service

Data in Deepview

Source Data is a product of unique alliances across the industry containing repair orders from dealer

management systems used by independent and OEM dealers.

Volume Tens of millions of vehicles and hundreds of millions of repair incidents covering the past 10 years.

Market Representation Minimum coverage of 20% of the US market.

Sample Size Rates are shown where we have a minimum of 100 vehicles and 3 or more repair incidents.

Repairs Included Contains repairs covering warranty, reprogramming, diagnostics related to repairs and

parts outside of maintenance, and customer-paid repairs that occur outside of warranty.

Repairs Excluded Part replacement and inspection that occurs as part of regular maintenance and pre-

delivery activities are excluded from Deepview.

Page 9: Predictive Service

One platform. Many uses.

Much more

Purchasing

insights

Service part

modelling

Business case for

product

improvement

Plant

comparisonsExtended warranty,

CPO and fleet

modelling

Product

development

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Page 10: Predictive Service

Indico

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Page 11: Predictive Service

Introducing We Predict’s Predictive Warranty service: Indico

Indico is a monthly analytics-

as-a-service platform of

predictive automotive repair

frequency and cost

It allows you to see how your

parts and components perform

today and in the future

It’s smart.

It’s easy to use.

And it’s

configurable to

your needs.

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Page 12: Predictive Service

A company’s sales and warranty data is processed through We Predict’s Indico

Actuarial Analytics EngineAdditional information from climate,

weather and other available databases are incorporated to increase analysis

capabilityAnalysts, managers, and engineers can

then see where warranty claims and cost are trending, what the impact looks like

for the future, and important comparisons by product line, plant, region, dealer,

component – all with a few clicks

How does it work?

Sales data Warranty data

Actuarial Analytics Engine

Page 13: Predictive Service

Summary

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✓ The industry is moving at an unprecedented pace, launching new technologies and new mobility options

✓ To succeed, automakers and suppliers don’t have the luxury to wait to see emerging trends

✓ By having more clarity of where you and your suppliers are headed, you can act with confidence

✓ The options are yours

Predictive Service

Page 14: Predictive Service

We’re glad to work with you to improve quality, reliability and safety!

Renee Stephens

1-248-385-8647

[email protected]

Mark Gordon

1-617-230-4825

[email protected]

Mike Newell

1-586-530-8418

[email protected]