Volvo 2015 Annual Report Download - page 21

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A GLOBAL GROUP STRATEGY GLOBAL CONTEXT
The car industry is leading the autonomous vehi-
cle development, but commercial vehicles and
machines are also making advances. We expect
this development to intensify, and we also expect
further automation in our manufacturing. Every
year there are more than 1.2million fatalities and
50 million people injured through traffic acci-
dents. Greater traffic safety education and better
planning of roadways is part of the solution. The
growing automation in transportation and infra-
structure solutions through the use of self-driving
vehicles will also allow the industry to provide
greater safety, fuel savings, and transport effi-
ciency. With advancements in industrial robotics
and increased sophistication in automation in
industry, we will also see quality gains and new
possibilities for smarter product development.
#4 Autonomous vehicles
and safety developments
SELF-
DRIVING
VEHICLES
Our transport and infrastructure solutions are in
demand in diverse markets across the globe, and
regulations, customer requirements, and compet-
itive dynamics vary both between markets and
within individual markets. Our industry is chal-
lenged to meet shifting economic and regulatory
conditions, access and develop human capital
around the world, and continually work to improve
sustainability, effectiveness, and safety and secu-
rity in the supply chain. As mentioned earlier, we
can see a lot of new value resulting from connec-
tivity, but at the same time governments, busi-
nesses, and other stakeholders must adapt rap-
idly to ensure the protection of data as well as
integrity in diverse market environments.
#5 Evolving trade and
regulatory environment
RAPID
ADAPTATION
TO PROTECT
DATA AND
INTEGRITY
Today we live in a hyper-connected world and
connectivity is only accelerating. In 1995 about
1% of the population had an internet connection
– today around 40% does. By 2020 there will be
80–100 billion connected devices, by some esti-
mates, and the expansion will continue with
increasing numbers of sensors in all sorts of
devices. The Volvo Group has approximately
470,000 connected vehicles out with customers
today. The digitalization advancements create
opportunities for our industry in terms of monitor-
ing and analyzing vehicle data and transforming it
to improved productivity and uptime, better fuel
efficiency and new safety solutions. Productivity
gains in logistics and better utilization of infra-
structure will gradually benefit our business cus-
tomers. Based on data insights we are working to
provide new services for our customers.
#3 Connectivity
and digitalization
470
THOUSAND
CONNECTED
VEHICLES
19