Volvo has launched a new business that will only focus on autonomous applications for industrial and commercial transportation, the new group is titled Volvo Autonomous Solutions. The group will have a mandate that will attempt to foster the development and commercial implementation of autonomous transportation.
The company created the Volvo Autonomous Solutions group due to the increasing demand for autonomous technology. The group will not be operational until January 2020, and Volvo is currently looking for someone to be the head of the new group.
The need for commercial autonomous vehicles differs from the larger demand for autonomous technology. This is due to the fact that commercial routes are fixed and almost always repetitive, where urban autonomous transportation has more unpredictability.
Dedicated Autonomous Technology Groups
The Volvo Autonomous Solutions Group Will Operate in 2020
Trend Themes
1. Dedicated Autonomous Technology Groups - Creating a dedicated group that solely focuses on the development and implementation of autonomous technology for a specific industry is a disruptive innovation opportunity.
2. Industrial Autonomous Transportation - Fostering the development and commercial implementation of autonomous transportation for the industrial sector is a disruptive innovation opportunity.
3. Commercial Autonomous Vehicles - Developing autonomous vehicles for commercial use, where routes are fixed and almost always repetitive, is a disruptive innovation opportunity.
Industry Implications
1. Automotive Industry - The automotive industry can explore creating dedicated autonomous technology groups, focusing on industrial and commercial transportation, as a disruptive innovation opportunity.
2. Logistics Industry - The logistics industry has an opportunity to benefit from the development and use of autonomous transportation for commercial purposes.
3. Manufacturing Industry - The manufacturing industry can explore implementing autonomous transportation to increase efficiency and reduce costs as a disruptive innovation opportunity.