Bosch and U.S. based cloud provider Amazon Web Services (AWS) aim to improve efficiency and sustainability in the transportation and logistics industry.
Bosch is Developing A Logistics Platform
Their plan is to offer logistics companies and freight forwarders across the globe quick and easy access to digital services through a platform powered by AWS. Going forward, they will offer support for topics ranging from capacity utilisation of commercial vehicle fleets to monitoring goods flows to order processing. To this end, Bosch and AWS have now entered a strategic collaboration. Bosch will be responsible for developing and operating the logistics platform, the core of which is a marketplace for digital services, while AWS will contribute its comprehensive cloud offering and expertise.
The platform will facilitate smooth interaction between a variety of services and data, enabling transportation and logistics companies to benefit much more from the opportunities of digitalisation without having to set up their own resource and cost-intensive IT projects. The marketplace will also be open to all digital logistics services providers. Industry and consumers will benefit from the initiative because of greater reliability and transparency in goods and parcel delivery. The companies plan to present a preliminary version of the logistics platform at Hannover Messe, with the launch for Europe, India, and the U.S. set for late 2022.
The transportation and logistics industry is the backbone of the global economy. In the years ahead, it will have to shoulder continuously increasing transport volumes for goods and commodities while simultaneously reducing its carbon footprint. In collaboration with AWS, Bosch want to help the logistics industry with this. They aim to ring in the future of the industry and drive forward its digitalisation. The digital marketplace will enable logistics customers to quickly transform their business into a fully digital end-to-end value chain. Customers will benefit from the tools, frameworks, and modules we offer for digitalisation, in addition to improving the sustainability of their transportation processes.
The transportation and logistics industry has been booming for years. During the Covid-19 pandemic, online orders and parcel deliveries saw another sharp increase, giving the industry a further boost. By 2030, global goods transport will grow more than 40 percent, and by 2050 this figure is even expected to exceed 145 per cent. This growth is hitting a market that is highly fragmented globally as well as struggling with various areas of inefficiency. With its logistics platform, Bosch aims to provide a key solution for many of the challenges facing the transportation and logistics industry.
The advantage of this platform is that it will create an entire ecosystem and a software environment in which freight carriers and forwarders can select, book, and execute different providers’ services to meet their specific needs. The platform also allows for easy integration of applications that are already relevant to the market, for instance, in transportation management systems. Thanks to shared usage of data that is available through the telematics systems in commercial vehicles, for example from fleet management, it is also possible to link and allow interplay between different services from different areas. This makes it easier to leverage synergies.