Frost & Sullivan will be holding a parliamentary debate on July 1 at the House of Lords, followed by a one-day conference at the Royal Garden Hotel in London on July 2, to discuss potential mobility business models.

The consulting firm has identified door-to-door business travel as one of the main areas of growth and investment for the automotive industry this year.

There is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips.

Automotive market players are working to gain their share of the future corporate mobility market by creating new mobility business models, some by rebranding as business mobility providers.
 
“There are several mobility providers making a shift, such as BMW Alphabet and 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 and 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.”
 
The ‘Intelligent Mobility: Business Models in Connected and Automated Mobility’ event will present and discuss potential new mobility business models for the automotive industry. 
 
“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,” said 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.”
 
The conference will look at the development of the corporate mobility market, future mobility business models and trends, and will bring together industry experts on autonomous vehicles, connected cars, Big Data in Automotive, cyber security and e-commerce platforms.

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