Ford Motor says it is the first automaker to work with Gravity Sketch, a 3D virtual reality tool that allows car designers to speed up their work. The software, built by a London startup, allows designers to start working with a 3D model right away, skipping the traditional phases of design that involve renderings of Read More..
A massive change in the Volkswagen Group’s IT system landscape is looming. In an interview late last year, Group CIO Martin Hofmann talks about the burden of VW’s technological legacy, cultural change within the company and the opportunities afforded by new technologies. By Hilmar Dunker and Yannick Polchow. Volkswagen Group has deliberately decided against establishing a Read More..
Digital twins play a role in all digitalization projects but data consolidation slows down implementation
Digital twins are shaping up to be a key tool as automotive companies proceed with digitalization across the entire value chain. But it’s not easy to get a handle on these virtual representations. In a production environment, the concept of a digital twin is comparatively easy to grasp. It’s an obvious part of Industry 4.0 Read More..
Škoda has announced a series of partnerships with start-up firms in Israel, currently developing rapidly as a global tech hotspot; the company last year opened its Škoda Auto DigiLab Israel in Tel Aviv, a collaborative incubator center. Anagog, in which Škoda took a stake earlier this year, processes data from over 100 smartphone apps and Read More..
It’s not just technology that holds the key to the autonomous-vehicle revolution. Automakers, suppliers, IT companies and telecommunications service providers are hard at work to create vehicles that will, one day, take the driver out of the equation. But, before that happens, there are non-technical issues, too, that need to be addressed. By Arjen Bongard. Read More..
Toyoda Gosei gets into venture capital, FCA looks for insurance innovations, Volvo Financial Services launches fintech lab
Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this is said to enable it to act flexibly and quickly to commercialize Read More..
Volkswagen Group has opened a new software development center in Lisbon, adding 300 IT specialists to similar facilities that already operate in Wolfsburg, Germany, and Berlin. The opening underlines the growing importance of software in the automotive industry. “Software development for new digital services is to become a core competence for Volkswagen,” Martin Hofmann, CIO Read More..
Hyundai’s corporate venture division has made an investment in Israeli technology firm allegro.ai, which specializes in deep learning-based computer vision. It aims to accelerate its deployment of artificial intelligence across various business areas, as well as to use AI to enhance the safety of the driving experience. The allegro.ai technology is said to be an Read More..
Infiniti is hosting an innovation initiative in Hong Kong to connect local start-ups with corporate partners. This extends the Infiniti Lab programme launched in 2015, which “has helped drive cultural transformation and open innovation within Infiniti” as well as in the start-up community, the company says. The Infiniti Lab programme has so far worked with Read More..
Hyundai’s corporate venture business, Hyundai Cradle, is taking a stake in Perceptive Automata, a developer of AI software for autonomous vehicles. The start-up, which recently joined the Renovo AWare ecosystem, uses rich sensor data and deep learning models to gain an understanding of how people – other motorists, pedestrians, cyclists – behave. Its predictive software Read More..