Buyer registration for the 2015 SEMA Show, November 3–6 in Las Vegas, is open and available at www.SEMAShow.com/register. Distributors, retailers, installers and buyers are encouraged to refer to these simple tips to help ensure a fast and efficient registration process for the annual trade show.
More Information and Entertainment Come Into the Car
Smartphones permeate American society. They’ve become much more than communications devices, providing Internet access for mobile e-mail, texting, navigation and dozens of applications ranging from dieting and exercise to photography and literature.
Media Giant FB Life Provides Insight
The specialty-equipment market in China is booming, with perhaps no sector growing more rapidly than the off-road market. SEMA News recently talked about the off-road scene with Baokun LV, co-founder of FBLife.com and executive general manager of FB Life, a Chinese media giant and a platform for off-road enthusiasts and service suppliers.
IT security experts warn that there’s been a spike in the scourge of ransomware—malicious software that freezes a computer, encrypts all of its data and demands a ransom for the system’s restoration. Since February 2013, more than 600,000 victims worldwide have reportedly been infected with just one variant of the malware, CryptoWall, according to an October 2014 report released by Dell.
“This is the next generation of ransomware, and you can expect this new version to spread like wildfire,” said Stu Sjouwerman, CEO of KnowBe4, a firm that specializes in IT security awareness training for small- and medium-size businesses.
Over the past 52 years, SEMA has developed a track record of assisting members in a variety of areas related to industry and business development. The mission of “helping members’ businesses succeed and prosper” is steeped in history and first grew out of a need for consistency and community among racing industry members.
In the early years, as the industry grew, specifications remained a challenge. It became clear that a partnership was needed for manufacturers. Regulations were necessary in order to keep moving forward, but the manufacturers needed to organize. Discussions began on how to create specifications and legitimize products and, on March 26, 1963, the Speed Equipment Manufacturers Association (SEMA) was formed in response.
Containing Costs in the Data-Breach Era
During a recent speech at the Federal Trade Commission (FTC), President Obama reminded us: “If we’re going to be connected, then we need to be protected.” The sentiment summarizes a growing problem facing businesses that rely on modern technology to transact business: the data breach.
Compass Points for Specialty-Equipment Companies
Business trends reveal themselves in a host of incarnations, and we seek each year to ferret out those that pertain to the automotive specialty-equipment aftermarket. The SEMA Show, new-vehicle sales, educational tendencies and other indicators may reveal significant industry developments—or at least give savvy professionals some compass points to steer by. We hope that the following areas of interest help with the navigation.
Good News for Worldwide Enthusiasts and U.S. Specialty-Equipment Manufacturers
SEMA manufacturers know that the Ford Mustang is one of the most customized vehicles in the marketplace. This year marks the pony car’s 50th anniversary, and now it comes with a larger-than-ever attraction to those who wish to develop and market products for the highly accessorized musclecar,“ noted SEMA Vice President of OEM and Product Development Programs Mike Spagnola.
Three High-Tech Tools to Advance Small Product Innovators
For medium to large specialty-equipment manufacturers, the concepts of computer-aided design (CAD) and computer-aided manufacturing (CAM) are not likely to come as anything new. Over the past few decades, most companies with the capital have been investing in these evolving technologies to create and speed new products to market. What’s new on today’s scene is the trickle-down of increasingly cost-effective CAD/CAM solutions into the hands of smaller companies and even individual product designers and manufacturers—a phenomenon that may well make them ever more competitive with the big guys.
The 2015 North American International Auto Show (NAIAS) provided a look at the latest vehicle creations auto manufacturers are developing or introducing during the year. For the specialty-equipment industry’s manufacturers, industry influencers and opinion leaders, seeing the car and truck introductions provides an idea of what OEM product strategists think will attract consumers in dealer’s showrooms.
Here is a snapshot of the cars and trucks on display at this year’s NAIAS that members will want to keep an eye on for potential upgrade opportunities. We can foresee a number of recent introductions showing up at cruise nights, track days, road courses, dragstrips and off-road venues in the near future.