Cloud Theory Blog

Earning Trust by Showing Value: The Partnership of Automotive OEMs and Data Providers

Written by Brady Andrzejewski | Dec 6, 2024 2:59:07 PM

 

True partnerships between automotive OEMs and data providers are built on more than basic information exchanges or surface-level insights. To be true partners, a data provider needs to show their commitment, curiosity, and expertise. An OEM needs a data provider to bring information they cannot get anywhere else. This is where the partnership becomes real—where both sides work together toward a common goal, blending expertise and insight to address business challenges collaboratively.

At Cloud Theory, we understand that trust and value are the cornerstones of any successful partnership. As a data provider, we don’t just deliver numbers—we provide insights tailored to the specific needs of OEMs, helping them solve real-world problems and achieve their goals. By combining curiosity, expertise, and a commitment to action, we transform data into a tool for progress, earning our place as a trusted partner.

We know that core partnerships are not one-sided. They are built on the idea that working together leads to better outcomes—something we’ve seen time and again.

The Challenge: Standing Out in a Crowded Vendor Landscape
Automotive OEMs today face a flood of vendors vying for their attention, each claiming to provide the data solutions they need. For OEMs, selecting the right partner can feel overwhelming—how do they determine which provider will deliver insights that genuinely make a difference? What sets a provider apart is their ability to go deeper than just the numbers, applying insights to real-world challenges that resonate with the OEM’s specific circumstances. Demonstrating this level of understanding and impact builds credibility and, most importantly, trust—laying the foundation for a partnership that goes beyond just numbers.

Starting the Journey to Partnership
As the age-old saying goes, “Show, Don’t Tell.” Just presenting data to an OEM isn’t enough to build the foundation for a truly beneficial partnership—it’s how the data provider can show ways to apply the information and solve real challenges they’re facing. At Cloud Theory, we know that trust is built by demonstrating value. This means going beyond delivering numbers and actively engaging with the unique circumstances of each OEM. Cloud Theory’s knowledge is rooted in curiosity and expertise. By immersing ourselves in the business landscape of our partners, we uncover challenges and opportunities they may not have identified, paving the way for meaningful insights and solutions and laying the foundation for a collaborative partnership.

Building Trust Through Data
Establishing trust starts with demonstrating an understanding of what truly matters to the OEM. For a data provider that means uncovering the root causes of challenges an OEM might be facing. OEMs often have access to large volumes of data, but they may not understand how or why certain external factors—such as competitor sales—impact their performance. A good data provider doesn’t just supply numbers; they offer clarity by answering the “why.”

The clarity offered by the provider builds credibility. Trust is further solidified when the relationship starts to shift: the OEM begins to share their challenges openly, and the collaboration moves toward proactive problem-solving.

Key Indicators of Trust

  • The Shift in Conversation: When discussions transition from the data provider leading the narrative to the client/OEM actively sharing their challenges and seeking our insights.
  • “Lean-In” Moments: When the OEM engages deeply with the insights presented, signaling that value is recognized. This pivotal point in a conversation is when someone becomes highly engaged or attentive, signaling genuine interest. A "lean-in moment" occurs when the client sees the relevance or impact of the insights being shared and becomes more actively invested in the data presented to them.
  • Collaborative Problem-Solving: When conversations evolve into brainstorming sessions to tackle challenges together, marking the start of a true partnership.

The Payoff of True Partnerships
The true value of a partnership is realized when a data provider moves beyond just showing an OEM the “good” data, but instead includes everything relevant to their current business challenges, good or bad. When an OEM realizes the relevance of the data and the depth of knowledge a data provider like Cloud Theory represents, trust grows. OEMs then become more open to sharing critical business context with their data partners, allowing for even more tailored insights that enhance the partnership and drive lasting success.

From Data to Decision Making: Cloud Theory’s Partnership with an Automotive OEM 

Challenge
When Cloud Theory began working with a major automotive OEM, the challenge was clear: we needed to demonstrate the value of our data. The OEM was used to receiving data from other providers, but they didn't fully understand the depth and scope of our information. We had information they didn’t have, and the OEM was curious to how we got that data and what else we could show them. Once showing them what we knew, our goal was to show them why the data presented to them mattered and how it could be used to address specific issues—like pricing errors, incorrect trim models, or advantages their competitors had in the market.

Approach
Cloud Theory knew a turning point in the relationship came when the OEM started asking detailed questions regarding the data shown to them: "What about this vehicle?" or "How does this impact our market position?" These "lean-in moments" marked the start of a deeper collaboration. The OEM was no longer seeing us as just a data provider—we were now actively engaging with their challenges and offering insights that helped them understand their competitive standing and make more informed decisions.

Result
As the relationship grew, it became more collaborative. The OEM reached out for Cloud Theory’s insights on new challenges, and we in turn presented them with relevant data when we found it, without them asking first. So, the conversations were no longer one-sided. Both parties worked together to find solutions to business issues using Cloud Theory’s data insights, and that led to a more effective and productive partnership.

The foundation of a core partnership is not just about data exchange; it's working together to solve challenges and create meaningful solutions. At Cloud Theory, we focus on building trust and demonstrating value through active engagement with our OEM partners. This collaborative approach is what transforms a simple vendor relationship into a true partnership that drives real business outcomes.

Cloud Theory enables our customers to understand – in real time – the complex competitive world in which they do business and to make bold decisions that drive them forward. The combination of billions of data points, interactive tools, and expert consulting gives our clients the ability to weather any storm and find their way to clear blue skies. Learn more at cloudtheory.ai.