Connectivity market set to soar, but data security is big worry

Daimler is one carmaker that uses advanced connectivity functions to test autonomous driving (Photo: Daimler)

The market for networked mobility products and services is set to almost quadruple between 2015 and 2020, but data security¬†issues will become a big problem once more cars are connected, according to a new study. The study projects that the market for networked mobility will grow to 115.2 billion euros by 2020 from 31.87 billion […]

Report: Software anarchy endangers Industry 4.0

xxxxxxxxx (Photo: Kuka)

Failing IT governance is jeopardizing “Industry 4.0,” according to a new report from German IT management consultants Steria Mummert. The study cites uncontrolled growth of software in the area of manufacturing as production facilities are networked. As a result, the consultants say there isn’t enough IT governance to assure the compatibility of corporate data across […]

Infineon to acquire International Rectifier

Infineon CEO Ploss: The International Rectifier acquisition "will unleash great potential.‚ÄĚ (Photo: Infineon)

Infineon has signed an agreement to buy International Rectifier Corp in a bid to further strenghthen its position in the global semiconductor and power management market. The German chip maker will pay 40 dlrs a share or a total of 3 billion dlrs for the California-based power semiconductor specialist. International Rectifier is a specialist maker […]

Study: VW could be world’s biggest carmaker in 2014

vw.automotiveIT

A new study predicts that Volkswagen Group, which wants to be the world’s biggest automaker in terms of unit sales by 2018, could achieve that goal this year already. Europe’s largest automaker has “a good chance” to reach the target in 2014 after selling more cars than Toyota in the first half of the year, […]

Continental hires Google exec for new Silicon Valley unit

Former Google executive Oz will head Continental's new Silicon Valley unit(Photo: Continental

Continental is setting up a beachhead in Silicon Valley, in a move to make sure it is part of a growing automotive and IT community in California mapping out the future of personal transportation. The Hanover-based automotive supplier said it is putting together an international team of specialists who will focus on intelligent transportation systems […]

Newspaper: Russia mulls car import restrictions

Expanded sanctions may depend on new western moves, Moscow officials say (Photo: Azov/Wikimedia)

Russia may impose import restrictions on foreign-made cars if European and US sanctions are expanded further, according to a local newspaper. The newspaper, Vedomosti, said it had been told by two government officials that Moscow could resort to such action should western countries impose tougher sanctions on Russia. The EU and the US last month […]

Cisco: cyber-security threats require high-level attention

Cisco's mid-year report looks at the state of cyber security in the 1st half of 2014 (Photo: Cisco)

As companies look to defend themselves against high-profile digital threats, cyber criminals are exploiting other, less obvious weaknesses in companies’ IT landscape, according to a new report published by Cisco. A focus on well-publicized, high-profile vulnerabilities rather than on “high-impact, common and stealthy threats” increases the risk that cyber criminals will be successful using these […]

Lamborghini CIO returns to Audi

Schlapp was at Lamborghini for four-and-a-half years (Photo: Claus Dick)

Lamborghini CIO¬†Matthias Schlapp is moving back to Audi, the luxury sports car maker’s parent company within the Volkswagen Group. Schlapp is assuming responsibility for pre-production, readiness and production planning¬†at Audi. He will be succeeded at Lamborghini by Federico Boni, manager IT process & application at the Italian company. In a 2012 interview with automotiveIT, Schlapp […]

carIT Congress – Hanover

carIT Congress.automotiveIT

The annual carIT Congress, organized by the automotiveIT Group, will take place September 30 at the Hanover fairgrounds during the IAA truck fair. The event, which has as its theme “Connected Car; the Future of Mobility,” will bring together around 500 decision makers from the automotive and IT industries. Speakers include Audi r&d chief Ulrich […]

Dreamforce – San Francisco

Salesforce CEO Marc Benioff hosts the annual Dreamforce convention (Photo: Salesforce)

Salesforce.com will host its Dreamforce convention in San Francisco October 13 through 16. The annual gathering, which brings together more than 100,000 IT professionals and users of Salesforce software, is a forum for discussions about the latest IT trends, the role of technology in today’s world and a broad range of other issues. This year’s […]