NCM & Tekion aim to ease dealers’ data ownership issues

Screenshot from: NCM Associates.
NCM Associates, which provides analytical data, education, and consulting services to the automotive industry, announced a new collaboration with a technology company to help solve issues that the company says has hurt the industry for decades.
Those issues are data ownership, fragmentation and lack of visibility to business insights and intelligence.
NCM’s collaboration is with Tekion Corp., a provider of business applications on the cloud.
The two companies say the combination of Tekion’s technology and NCM’s operational expertise will result in a partnership that could support and lead what they describe as a rapid and accelerated transition to digitization and modernization for the industry.
Tekion will work with the NCM dealership advisory group to ensure that Tekion clients have access to the optimal combination of advanced analytics and operational intelligence.
In addition, Tekion has also chosen NCM as the preferred provider of its new Technology 20 Groups reserved exclusively for Tekion clients on an invitation-only basis.
Tekion founder and chief executive officer, Jay Vijayan, said Tekion and NCM have aligned goals in enabling dealers to run the best retail operations and bring the best retail experiences.
“By partnering with NCM, the rapidly expanding Tekion dealer base is poised to benefit from the joint efforts of both organizations,” Vijayan said in a news release.
Vijayan also said, “For over 70 years, NCM has been working with dealers on translating data into operational improvement and now, Tekion’s most advanced technology and data platform will help enhance the improvement and value exponentially. We’re excited to welcome them into the Tekion environment.”
“Make no mistake that Jay and his team are challenging the status quo,” said NCM president and chief executive officer Paul Faletti.
Faletti also said, “Their passion and commitment to elevating the performance of their clients through technology is inspiring. NCM’s pledge to support dealerships and their selected partners in maximizing potential is unwavering and we are honored to be welcomed into the energized community of Tekion advocates. This is undoubtedly a very exciting day for these dealerships and the industry alike.”