Maximizing uptime and productivity
Volvo Group provides total solutions, where we complement our product offering of trucks, buses, construction equipment, and marine and industrial power systems with a broad range of services that maximize uptime and productivity. This includes service contracts, monitoring of vehicles in real time to predict unplanned stops before they occur, financing and insurance solutions, fleet management and much more.
And as we move quickly towards a fossil-free transportation system, our broad electric product offer is supported by robust charging solutions, dynamic route planning and battery performance monitoring.
Looking at the logistics system holistically, there is still a huge potential to reduce waste, for example by decreasing the number of empty runs or routes run with less than full loads. A central part of the ecosystem that we are helping to create for our customers and the wider transport and construction industries is a foundation of digital services that not only simplify operations, but also help to improve efficiency and thereby return. One example is Efficient Load Out, designed to help our customers enhance accuracy and efficiency in mass excavation work.
In some cases, there is a potential to introduce complete autonomous transport solutions, making customers’ operations safer, more productive, and more sustainable. Examples include mines, quarries, and industrial material handling where flows are repetitive and controlled, semi-confined areas such as ports and logistics centers, and hub-to-hub long haul truck transport. In addition, we are developing solutions that have a self-learning capacity, utilizing the latest Artificial Intelligence engines to further increase productivity.
With our broad offer of fossil-free transport and equipment solutions, digital services, and the coming era of autonomous transport, we see a future where we will develop completely new business models around our product and service offering. This will be based on even stronger and more long-term partnerships with our customers, where we move from transactional business to offering equipment or even transport as a service.