Volvo’s Big Data Challenges
In the ever evolving world of technology, there are many leaps forward that many companies can choose to leverage in an attempt to bring a better product to the market. Over the last few years, cloud computing has evolved to the point where it has become a very viable solution for many companies. Volvo Car Group has developed a data capture system in their cars that helps engineers develop better cars and correct issues before they become too large of an issue (Converting Data into Business Value at Volvo, 2011).
While Volvo Group Global was incorporated in 1915 under AB SKF as its parent company, this group no longer owns Volvo Car Group. In 1924, Assar Gabrielsson and Gustaf Larson started to develop cars designed to handle the rough roads and temperatures of Sweden. In 1927, the first car left the factory. Volvo considers this the foundation of their company. 1929 showed the company make profit for the first time in its history. In the same year, Volvo started producing marine engines. In 1934, Volvo expanded operations into larger vehicles, introducing the bus line, B1. The year 1935, Volvo acquired Pentaverken, allowing Volvo to expand upon its marine engines line. 1934 was another landmark year for Volvo, establishing the first plant in Canada. While this core value had been part of the company since 1927, in 1936, Larson introduced safety as one of the core values of the company. Over the next 63 years, Volvo developed many lines, from tractors, to buses, to semi-trucks (The Volvo History, 2013). In 1999, Volvo Group Global sold the car division to Ford Motor Company. 11 years later, in 2010, Volvo Car Group was sold to Geely Holding. Volvo Car Group still holds the same values as Volvo Group Global, Quality, Safety, and Environmental Care.
What is cloud computing? IBM defines this is “Cloud computing, often referred to as simply “the cloud,” is the delivery of... [continues]
Cite This Essay
(2013, 11). Volvo’s Big Data Challenges. StudyMode.com. Retrieved 11, 2013, from http://www.studymode.com/essays/Volvo%E2%80%99s-Big-Data-Challenges-44060143.html
"Volvo’s Big Data Challenges" StudyMode.com. 11 2013. 2013. 11 2013 <http://www.studymode.com/essays/Volvo%E2%80%99s-Big-Data-Challenges-44060143.html>.
- MLA 7
"Volvo’s Big Data Challenges." StudyMode.com. StudyMode.com, 11 2013. Web. 11 2013. <http://www.studymode.com/essays/Volvo%E2%80%99s-Big-Data-Challenges-44060143.html>.
"Volvo’s Big Data Challenges." StudyMode.com. 11, 2013. Accessed 11, 2013. http://www.studymode.com/essays/Volvo%E2%80%99s-Big-Data-Challenges-44060143.html.