How quality protection as a service (QPaaS) relies on advanced analytics and machine learning to continuously monitor components’ functionality.
McKinsey & Company frames this shift as a matter of moving the industry from its current approach of “firefighting” – responding to failures and vulnerabilities after they’re brought to OEMs’ attention – toward proactively preventing such episodes in the first place. How can the industry achieve this objective? By embracing quality protection as a service (QPaaS) — an approach that relies on advanced analytics and machine learning to continuously monitor components’ functionality with unparalleled accuracy, relying on integrated data sources from relevant suppliers in the supply chain. In enabling the industry to be more proactive and to nip potential problems in the bud, QPaaS will pave the path for continued automotive innovation – benefiting OEMs and consumers alike.
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