...Running Head: Volvo Page 1 Volvo Case Study Assignment 2 Dr. Clifton G. Howell Sheryl Tumey CIS 500 27 October 2013 Volvo Page 2 Volvo is known for making quality cars that set a standard for safety and reliability, five of its 2013 models are ranked in the top 10 for quality, safety and reliability (USNEWS) Since it separated from Ford in 2010 they have made vast improvements in technology. Judge how Volvo Car Corporation integrated the cloud infrastructure into its networks. Volvo has taken innovation to a new level by integrating selling cars with the technology of Microsoft‘s Business Productivity Suite beginning right after the change in ownership. By using the cloud they are able to use the IT staff to focus on the car instead of building a program. They have successfully linked over one thousand supplier’s world wide since its inception. Volvo has also been able to link employees in sales, design and tech support, making problem solving a non issue. They have recently signed with Ericsson’s “Connected vehicle cloud platform” which will power in car applications and infotainment (Gigom.com). Explain how Volvo Car Corporation transforms data into knowledge...
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...Volvo came onto the scene in 1927 on the island of Hisingen, Goteborg. Over the years, Volvo enhanced and developed a line of vehicles which is known for its quality and performance. “Volvo’s vision is to become the world’s leader in sustainable transport solution by the following: 1.) pioneering products and services for transport and infrastructure, 2.) driving quality and environmental care, and many other attributes. While technology is playing an aggressive role in society, Volvo branches off and showed its independence by adapting Cloud Computing. By implementing Cloud Computing, it haves it benefits such as “offering a way to get services that are very attractive to build the company, and take the IT resources and put them on things that are differentiators for the Volvo car company. Another benefit is that once it is put in place, it has no place to go but up and “continue to improve with time”. Volvo Car Corporation transform data into knowledge by creating vehicles with hundreds of sensors and CPU’s embedded throughout the car. “Besides vehicle data gathered by sensors in and on the vehicle, we also collect visual information from four cameras. This gives us a good view of what happened in the car and on the road at any given point in time”. An example of the data transformation is when the central locking information is being taken for the use of the vehicle and then conveyed via the cloud back to Volvo. “Through the cloud Volvo is massing large amount of rich...
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...The Big Data Case Study By John Jones CIS 500 Dr. Sharon K. Rose October 24, 2014 How Volvo Integrated the Cloud Infrastructure Volvo collects terabytes and terabytes of data from embedded sensors strategically placed in their automobiles. These sensors also monitor information from their customer relationship management (CRM) systems, dealerships, and from their own factory floors. With all of this data coming in, Volvo had to figure out a way to manage and make use of it. They needed to be able to collect and analyze from all from all of these sources and act quickly on the results. Utilizing the cloud enabled them to integrate product configuration, warranty and vehicle diagnostic data in a manageable timeframe. The use of this data has transformed decision-making processes within the organization, leading to benefits in quality, warranty costs, customer satisfaction, and bottom line profitability. How does Volvo Transform Data into Knowledge Every new Volvo car is equipped with sensors and onboard computers that perform a wide range of control, monitoring and diagnostic functions in everything from the engine, braking, climate control, and more. Each of these systems generates a diagnostic trouble code (DTC) when it detects some type of fault. The faults are typically stored in the engine control unit (ECU) until the vehicle goes to a dealership for maintenance. During the vehicle maintenance a service technician connects an analyzer to the vehicle and...
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...Case Study 2.2: The Failed Merger between Renault and Volvo In 1993, merger talks finally broke down between Renault and Volvo. A merger between the two companies had seemed the inevitable consequence of a number of years of collaboration and the plans seemed well set. Cooperation between the two firms had begun in 1990 when Renault took a 25 per cent share in Volvo cars and a 45 per cent share in their truck division. Volvo, for its part, took a 20 per cent share in Renault. The early collaboration took the form of an exchange of engines, the joint purchasing of components and joint developments in quality control. The cooperative arrangements between the two companies were a constant source of internal criticism, which focused on the highly bureaucratic procedures that had been established. In this sense, a full merger was seen by both parties as the more favourable option. The strategic fit between Renault and Volvo seemed ripe for merger. Volvo had strengths in the large car market, where Renault had consistently failed to make an impact. Renault’s strengths lay in the manufacture of small cars and in diesel technology. In terms of market, Volvo was stronger in Northern Europe and especially North America and Renault had a larger market share in Southern Europe and South America. Both companies were probably too small to survive in a globally competitive volume car market. In Europe and the USA, merger was a route for survival, particularly in the face of increasing...
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...Strategies of foreign companies on the Russian truck market - The Case of Volvo Trucks Graduate Business School Bachelor thesis 15 credits Author: Ekaterina Ilina Supervisor: Florin Maican International Business Master Thesis no 2005:37 Göteborg september 2011 Supervisor: Jan-Erik Vahlne, Roger Schweizer Table of contents 1. Introduction ................................................................................................................ 2 2. Methodology .............................................................................................................. 3 3. Theoretical framework ............................................................................................... 3 3.1 Concept of a strategy ........................................................................................................ 4 3.2 Competitive strategies ...................................................................................................... 4 3.3 Strategies for growth ........................................................................................................ 5 3.3.1 Further look into market development strategy ............................................................. 6 ...
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...1. Suppliers– low bargaining power With the growth rate of the international auto market falling sharply, foreign dealers and component suppliers face the pressure of overstocked product. At present, China has a huge potential auto market that numerous car companies regard as the biggest overseas investment. To reduce the expense ofproduction, workforce and transport, component suppliers like Bosch and Delphi would also build production bases in China. Since 2012, Volvo has increased their procurement share in the Chinese market each year. The increasing number of suppliers allows Volvo to have more choices, and this reduce the bargaining power of Volvo’s suppliers. In order to further reduce the influence of the supplier, Volvo had built a new engine factory in Zhangjiakou. In addition, Geely has also extended their industrial chain, including car parts, transmissions and engines, Volvo can use this portion of the resources after it has been acquired by Geely. From the point of scale economy’s view, these two sources are a good way to control the cost at a low level, and also develop a sustainable advantage to weaken the supplier power. 2. Buyers - high bargaining power The arrival of the financial tsunami caused global auto market downturn. The Chinese market has begun to become the strategic focus for car companies. While the government gradually reduces the tariffs on imported parts and the appreciation of RMB currency convert reduces the cost of imports, it lowered...
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...Information Technology (IT) and E-commerce in general as well as in selected industry. For this report, the selected industry is Volvo. The applications of information technology and changes in supply chain using e-logistics are discussed elaborately in this report. This report also clearly draws about the supply chain strategy used in Volvo. In addition, use of electronic commerce is well discussed followed by the uncertainties faced by the Volvo and the overcoming of uncertainty by Volvo. This report ends up with the conclusion. TABLE OF CONTENTS INTRODUCTION 3 APPLICATIONS OF INFORMATION TECHNOLOGY 3 APPLICATIONS OF ELECTRONIC COMMERCE 4 BENEFITS OF INFORMATION TECHNOLOGY IN SUPPLY CHAIN 5 LITREATURE REVIEW ON INFORMATION TECHNOLOGY 6 CHANGES IN SUPPLY CHAIN USING E-LOGISTICS 7 ABOUT VOLVO 8 SUPPLY CHAIN STRATEGY OF VOLVO 9 APPLICATION OF INFORMATION TECHNOLOGY IN VOLVO 11 APPLICATION OF E-COMMERCE IN...
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...Case Study: Village Volvo CASE 2.1 Shahrzad 20121014 Zahra 20121016 Index • Introduction about Village Volvo • Village Volvo’s Service Package • Distinctive characteristic of Service firm • Characterize Nature of Service act • Characterize Relationship customers • Characterize Customization and judgment • Characterize Nature of demand and supply • Characterize Method of service delivery • Village Volvo back-office management • Village Volvo Versa Volvo Dealers • Conclusion Introduction about Village Volvo and their mission statement The mission of the Village Volvo is to profit from the sale of automobiles, parts and services. They are seeking to achieve this by creating an environment for their customers of comfort, reliance and respect. This environment will be formed by the continued emphasis on employee satisfaction, which leads to greater efficiency and productivity through employee retention. They aim their employees to establish a daily goal of anticipating and satisfying the customers’ needs in order to build a relationship-based business, which develops an ever-growing customer base. 1. Describe Village Volvo service package. Village Volvo provides quality repair at a reasonable cost for out of warranty Volvos. Car owners can visit for Routine Services such as tune-ups and oil change or for diagnosis and repairing specific problems in an estimated time. They have CCVD which is Custom...
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...in Quality and Operations Management © Alexander Arvidson and Deivite Silva Department of Technology Management and Economics Division of Quality Sciences Chalmers University of Technology Gothenburg, Sweden, 2012 Report no. E2012:026 Printed by Reproservice, Gothenburg, Sweden Abstract The purpose of this thesis has been to review Volvo’s information exchange in supplier involvement product development (SIPD) and to identify important information required to perform effective and efficient product development projects when suppliers are involved. The project was carried out at the Volvo Group which is a leading global supplier of commercial vehicles. Volvo Group is from here referred to as Volvo. The research was conducted as a qualitative study and the researchers conducted in total 38 interviews with employees who work with SIPD in the different organizations within Volvo. The theoretical framework in this project evolved simultaneous as the empirical data collection. Therefore, it is developed with regard to inputs from both the empirical fieldwork and literature review. One major...
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...THE VOLVO/SCANIA MERGER CASE |Maastricht University | | | | |School of Business & Economics | | | | |Place & date: |Maastricht 10. Dec. 2013 | | | | |Name, initials: |Michael Göpper, MG | |For assessor only | | |ID number: |I6069490 | |1. Content | | |Study: |Economics & Business Economics | |2. Language structure | | |Course code: |EBC1010 | |3. Language accuracy | | |Group number: |20 | |4. Language: Format & | | | | | |citing/referencing | | |Writing tutor name: |Heidi van Rooijen | |Overall: | | |Writing assignment: |Main Paper (Task 10) | |Advisory grade ...
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...INFORMATION SYSTEM DECISION MAKING (INDEPENDENT STUDY) CASE STUDY-1 CONVERTING DATA INTO BUSINESS AT VOLVO INSTRUCTOR: Dr. Russell Wright Student: Avinash Gottiparthi ID: SU200104782 Date: 04/24/2013 CONVERTING DATA INTO BUSINESS AT VOLVO 1. Judge how Volvo Car Corporation integrated the cloud infrastructure into its networks. In 2010, “Volvo Car Corporation” split from Ford Company. Volvo made this decision in order to create their own brand IT environment and also efficiency with some business profits capabilities (Microsoft 2012). As per current Competitive world, everyone choosing smart technology with outstanding features in order to save their time and enjoying the comforts. So, Volvo designed and manufactured hundreds if cars with latest technology like sensors and CPU’s (I-CIO, 2011). So, Volvo group had some features like the data gathered by sensors from besides of vehicle, they also connected some cameras in order to collect visual information from all four sides. This will helps in finding anything in cab on the road at any point of time (Volvo Group, 2011). This collection of data is used within the vehicle and then transmitted through the cloud back to Volvo. But this data is captured from the Central system of locking to onboard camera’s (I-CIO, 2011). After receiving the data at Volvo, this data will be streamed to a centralized data warehouse of Volvo. Not only the data warehouse, the data also collected from customer relationship management...
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... [ Dr. Rose] The Big Data Challenges 1. Judge how Volvo car Corporation integrated the cloud infrastructure into its networks. More and more car companies are earning bad reputations for their unreliable service in car making. This has caused many car companies to lose money and their customers. Volvo thought of a way to keep their cars more reliable and safe by using Big data. By doing this Volvo was able to handle high volumes of data which cannot be processed by using a simple database (Turban & Volonino, 2011). An example of Big Data could be terabytes of data consisting of billions of information from different resources such as the internet, social media, and data from a cell phone carrier and etc. After Volvo Car corporation departed from their parent relationship with ford in August 2010, Volvo decided to use Big Data to make it marks with technology and design an IT infrastructure. Volvo found a successful way to use the cloud network to its advantage. Volvo is now using the cloud network to evaluate its vehicles. By using a familiar interface the employees have probably worked with before, Volvo is cutting costs on training employees on new software applications and saving money by using software works well together with other applications (Provost & Fawcett, 2013). Volvo employees could now communicate more effectively and efficiently with each other without the hassle of learning new software...
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...Converting data into business value at Volvo Case Study 1 By Michael Miller To Dr. Darlene Ringhand CIS 500: Information Systems and Decision Making Strayer University Prince George’s MD Campus The cloud infrastructure that Volvo included into its networks was a very good idea. They applied this idea to all the aspects in their cars. The idea of including this technology in their product I’m sure customers today would love and depend on the technology. Volvo product has hundreds of sensors that generate data that is utilized not only by the car itself but also by the cloud back to the manufacturer. Volvo has systems that data is collected from a multitude of different things. The cloud that Volvo uses has the ability to share information about any particular vehicle and any problem that they may be having and stop issues before the vehicle fails to operate. Volvo Corporation transforms data into knowledge by having centralized data which will be able to make a lot more accurate predictions and by letting the company to get a chance to better target marketed campaigns and understand profitability of customers. Volvo performs forensic examinations to cars that were in accidents to understand problems with vehicles and take steps to help from them happening. The data is such at a high where Volvo can almost have real time analysis to help them in supplying great service to the customers. The real-time information system that Volvo has implemented is base of collecting...
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...Week 3 - The Big Data Challenges May 2014 Case Study: The Big Data Challenges Glendoria Early Strayer University CIS 500 – Information Systems for Decision Making Dr. Vince Osisek May 12, 2014 Case Study: The Big Data Challenges Week 3 - The Big Data Challenges Page 2 What if your car could talk? Well Volvo CIO's had to wonder the same thing as well. Volvo, a Swedish multinational manufacturing company, that not only produce cars, but light and heavy weight trucks as well as buses. Volvo Car Corporation has a history of using innovation to produce premium automobiles. The manufacture chose to rely on information technology to gain the innovative edge to help the company grow by integrating the cloud infrastructure into their networks. The Volvo Data Warehousing Program, started in 2006 (Data in the Driver's Seat), it draws insight from this multi-terabyte resource to create clear business advantage by integrating information from four primary sources: a system for managing vehicle and hardware specifications, one for managing on-board software specifications, the system that collects vehicle diagnostic data from service centers worldwide, and the warranty administration system. (Tobey, 2010) Joining all the various pieces of data together, Volvo can be warned about potential mechanical issues that may show up in the early part of a car's lifecycle. Volvo can spot patterns from the data that may indicate a potential flaw in a particular part well before a...
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...Converting data into business value at Volvo Case Study 1 By Michael Miller To Dr. Darlene Ringhand CIS 500: Information Systems and Decision Making Strayer University Prince George’s MD Campus The cloud infrastructure that Volvo included into its networks was a very good idea. They applied this idea to all the aspects in their cars. The idea of including this technology in their product I’m sure customers today would love and depend on the technology. Volvo product has hundreds of sensors that generate data that is utilized not only by the car itself but also by the cloud back to the manufacturer. Volvo has systems that data is collected from a multitude of different things. The cloud that Volvo uses has the ability to share information about any particular vehicle and any problem that they may be having and stop issues before the vehicle fails to operate. Volvo Corporation transforms data into knowledge by having centralized data which will be able to make a lot more accurate predictions and by letting the company to get a chance to better target marketed campaigns and understand profitability of customers. Volvo performs forensic examinations to cars that were in accidents to understand problems with vehicles and take steps to help from them happening. The data is such at a high where Volvo can almost have real time analysis to help them in supplying great service to the customers. The real-time information system that Volvo has implemented is base of collecting...
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