Bosch, AWS to digitalize logistics
Bosch and U.S.-based cloud provider Amazon Web Services (AWS) aim to improve efficiency and sustainability in the transportation and logistics industry.
To this end, Bosch and AWS have now entered a strategic collaboration. Bosch said it 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 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,” said Sandeep Nelamangala, executive director, Bosch Limited, and executive sponsor of logistics platform business at Bosch.
“In collaboration with AWS, we want to help the logistics industry with this. We aim to ring in the future of the industry and drive forward its digitalization,” said Nelamangala.
Their plan is to offer logistics and transportation companies 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 utilization of commercial vehicle fleets to monitoring goods flows to order processing – all from a single source.
“Developing hyperconnected transportation functions is one of the most complex technical challenges of our time. That’s why we are working with a market pioneer such as Bosch to master these unique challenges,” said Kathrin Renz, VP, business development and industries at AWS.
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%, and by 2050 this figure is even expected to exceed 145%, said Bosch.
According to the US Department of Transportation, the U.S. transportation industry is currently experiencing a shortage of over 80,000 drivers and the gap continues to grow as demand for drivers continues to outpace supply, said Bosch.
“The digital marketplace will enable logistics customers to quickly transform their business into a fully digital end-to-end value chain,” said Renz.
With its logistics platform, Bosch said it aims to provide a key solution for many of the challenges facing the transportation and logistics industry.