Alliances & Acquisitions

Continental and IBM enter connected vehicle collaboration

Frankfurt, Germany: The international automotive supplier Continental AG and IBM, one of the world’s leading technology companies announced a collaboration agreement that will see the companies jointly develop fully-connected mobile vehicle solutions for car manufacturers around the world. The announcement was made by,Dr. Elmar Degenhart, Chairman of the Executive Board at Continental, at a press conference held as a part of the IAA’s 65th International Motor show held in Frankfurt, Germany.

Central to the agreement is development of a highly scalable cloud platform that will enable automotive manufacturers to deliver a range of new mobile in-car services. It will enable software updates and vehicle control device functionality to be delivered over the Internet, removing costly and inconvenient workshop visits. Giving automobile manufacturers the opportunity to offer their customers a vast array of new features, this solution may equally prove beneficial in other industries such as public transportation, insurance and retailing.

Anticipatory driving will be enhanced by Continental and IBM to develop a next generation ‘electronic horizon’ platform, which will ultimately make highly automated driving a reality. Vehicles with embedded sensors will not only receive data, they will also transmit information such as position, speed or deceleration to the Cloud where data will be processed, analyzed and acted upon. The result will be a real-time map that will enable a vehicle to literally ‘look around the corner’.

It is also speculated that Continental AG and Google are also in talks of an alliance to develop autonomous cars.

Source: http://www.continental-corporation.com/www/pressportal_com_en/themes/press_releases/1_topics/fairs_events/pr_2013_09_10_pk_iaa2013_en.html

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