As a result, automotive market players are working to have their share of the future corporate mobility market by creating new mobility business models, some by rebranding as business mobility providers, says Frost & Sullivan. 

“There are several mobility providers making a shift, such as BMW Alphabet or LeasePlan, having previously been traditional leasing companies, now targeting customers with more flexible solutions, offering corporate carsharing or a mobility mix of services,” said Sarwant Singh, partner and global practice director automotive & transportation. “The rising digital technology capability turns car companies into service providers and makes it crucial to develop pioneering business models to secure one’s share of the market.”

“According to a recent customer survey conducted by our research team, there is a revolutionary shift underway in the corporate mobility space, linking smart solutions from several adjacent industries, such as Fleet, Travel and Expense Management to the general mobility industry, which results in changing customer preferences towards new business models, such as carsharing, ridesharing, and parking services,” added Mr Singh. “There is a high interest in deploying such solutions over the next two years. The number of companies entering the corporate carsharing market increased from 13 in 2013 to 20 last year, with most car rental and leasing firms present, and the entry of vehicle manufacturers Audi and Daimler.”

Frost & Sullivan is told a parliamentary debate and subsequent one-day conference on ‘Intelligent Mobility: Business Models in Connected and Automated Mobility’ on 1-2 July 2015 at the House of Lords as well as the Royal Garden Hotel in London.

Besides focusing on the development of the corporate mobility market as well as future mobility business models and trends as well as new mobility business models, Intelligent Mobility will bring together industry experts on autonomous vehicles, connected cars, Big Data in Automotive, cyber security as well as e-commerce platforms.

The conference will be complemented by the Frost & Sullivan Intelligent Mobility Awards Banquet, a black tie evening and gala dinner.