#68: Dorothy Amy: Leading Research at Frost & Sullivan
We sat with the Senior Industry Analyst at Frost & Sullivan to learn from her cross-industry experience in automotive, mobility, technology, oil & gas, and manufacturing. We talked about innovation, market strategy, cybersecurity, and consulting for multiple industries, and we gathered tips & insights for cybersecurity professionals from her experience across the globe.
About Dorothy Amy
Dorothy Amy is a Senior Industry Analyst at Frost & Sullivan. Dorothy is a seasoned consultant with over 10 years of experience in strategy, business consulting, and competitive intelligence across automotive, mobility, technology, oil & gas, and manufacturing industries. She began her career at BRIDGEi2i Analytics Solutions, working directly with C-level leaders on challenging consulting projects, and now plays a key role at Frost & Sullivan, helping clients with market analysis, business strategy, and innovation, especially in the auto and mobility sector – and was instrumental in our recent win of the Frost and Sullivan award – 2024 Competitive Strategy Leadership Award for the Automotive Cybersecurity Managed Services Industry.A Summary of Our Conversation with Dorothy Amy
The conversation with Dorothy Amey, Senior Industry Analyst at Frost & Sullivan, offers a deep dive into her career journey, consulting insights, and significant trends in the automotive and mobility sectors. Here’s a summary, along with highlights of the main points Dorothy emphasized:1. Career Beginnings and Consulting Approach Dorothy’s consulting career started in a startup environment at Bridge i2i, where she learned valuable lessons about flexibility and adaptability by working across various sectors, including technology, oil and gas, and automotive. She explains that this exposure to different industries helped her gain broad skills, from market research to strategy consulting, which were enhanced by the challenges and demands typical of startup settings. Key lessons she highlighted include the importance of collaborative work and an ability to adapt quickly to varying client needs and project timelines.
2. Building Skills and Adaptability in Diverse Environments Dorothy stressed how exposure to diverse sectors and working with C-level executives allowed her to develop essential consulting skills. She discussed the value of collaboration and teamwork in her formative years, mentioning that her projects often involved interdisciplinary groups, each member contributing unique expertise. This experience shaped her capacity to manage data analysis creatively and synthesize data effectively to meet client objectives. Additionally, she highlighted the importance of flexibility in consulting, especially when working across industries that require tailored approaches.
3. Consulting at Frost & Sullivan: Focus on Automotive Industry Innovations At Frost & Sullivan, Dorothy’s role revolves around market strategy and innovation, particularly in the automotive sector. She highlighted the automotive industry’s technological shift towards connected, autonomous, and software-defined vehicles. Dorothy observed that legacy automakers like BMW, Mercedes, and Ford are evolving to match the capabilities of electric and autonomous vehicle leaders, especially Chinese companies, through software-defined architectures and zonal frameworks. She noted that software-defined vehicles are becoming the standard, with automakers investing heavily in this transition.
4. Disruptive Technologies Shaping the Automotive Sector Dorothy described several key technologies revolutionizing the automotive industry:
- Software-Defined Vehicles: Dorothy identified software-defined features as the future of automotive innovation, with major OEMs shifting to zonal architectures that facilitate software updates and system management.
- Generative AI: She highlighted generative AI’s potential in enhancing vehicle functionalities, such as driving assistance and voice capabilities, and its applications in the manufacturing processes, where it improves efficiency and resiliency.
- Feature-On-Demand: Some automakers, like Mercedes-Benz, are introducing subscription-based features, where customers can pay for services like enhanced acceleration.
- Cybersecurity: Given the rise of connected technologies, Dorothy stressed the urgent need for cybersecurity advancements. She noted that new regulations like UNECE R155 and R156 are prompting OEMs to incorporate cybersecurity from the vehicle design stage. The broader automotive ecosystem, including vehicle-to-charging infrastructure and V2X communications, also requires robust security measures to prevent cyber threats.
5. Navigating AI in Consulting and Research Dorothy discussed AI’s dual role in consulting and research. While AI can quickly deliver data insights, she emphasized that consultants still add value by working collaboratively with AI, ensuring that AI outputs are accurate, relevant, and contextually valuable. Dorothy stressed the importance of using AI as a tool rather than seeing it as a replacement, explaining that knowing how to interact with AI effectively can significantly enhance research quality.
6. Building Client Relationships and Trust in Consulting Trust and authenticity are core to Dorothy’s consulting philosophy. She believes that transparency with clients, especially when encountering project challenges, is vital to building long-term relationships. Dorothy emphasized open communication, sharing how frequent updates and clear discussions about obstacles foster client trust. Additionally, she highlighted the importance of people management skills, noting that rapport and friendly engagement are crucial for client relations.
7. Essential Skills and Advice for Aspiring Consultants Dorothy’s advice to aspiring consultants includes:
- Adaptability: She advised newcomers to embrace adaptability, as every project and client will present unique challenges.
- Staying Informed: Dorothy highlighted the necessity of staying on top of industry news, trends, and technological advancements. She recommended reading newspapers daily to maintain a comprehensive understanding of market dynamics.
- Embracing Uncertainty: Consulting involves navigating uncertain situations and creatively finding solutions to unexpected business challenges, a skill she believes is crucial for successful consulting.
8. The Role of Traditional Media in Staying Informed Dorothy passionately advocated reading physical newspapers, a habit instilled by one of her previous managers. She believes that newspapers provide a focused, distraction-free environment to understand market trends comprehensively, unlike digital platforms where one might skim through headlines without fully absorbing content.
9. Reflecting on the Industry’s Future and Her Personal Journey Dorothy concluded by reflecting on her consulting journey and the rapid technological advancements in the automotive industry. She emphasized the interconnectedness of new technologies, noting that while innovations like generative AI bring immense benefits, they also introduce new challenges, particularly in cybersecurity.
In summary, Dorothy’s main points underscore the value of adaptability, a collaborative approach to using AI, and the importance of building authentic relationships with clients. Her insights into the automotive industry’s technological advancements, particularly the shift towards software-defined vehicles and cybersecurity, illustrate her depth of knowledge and commitment to guiding industry players through a rapidly evolving landscape.