Automotive stories - Page 15

The U.S. automotive software market is surging, expected to grow from USD $32.39 billion in 2024 to USD $70 billion by 2032, driven by advanced technologies.

A study by Tata Consultancy Services reveals that 74% of EV manufacturers see charging infrastructure as a major barrier to electric vehicle growth.

Creative Dock has acquired Berlin-based nFrontier, marking its entry into hardware production and promising to slash development cycles drastically.

Hexagon has unveiled VTDx, a cloud-based software for testing Advanced Driver-Assistance Systems, aiming to streamline testing and reduce costs for automakers.

Virtual and Augmented Reality are revolutionising product development and innovation across industries, driving demand for these transformative technologies.

A new report by Ansys and McKinsey highlights simulation engineering's role in innovation and sustainability, showcasing a potential 10% reduction in emissions.

Security and digital ID firm artius.iD appoints Stefan Krause, ex-CFO of BMW and Deutsche Bank, to its Board of Strategic Advisors amid growing cybersecurity challenges.

Shipments of industrial 3D printers are set to recover by late 2025, with a predicted 15% increase driven by demand for metal-based systems.

Thoughtworks has teamed up with Amazon Web Services to boost generative AI solutions for industries across the Asia Pacific, enhancing customer engagement and productivity.

A study shows strong interest in AI cars among Europeans, with 79% keen but only 23% willing to pay extra for the technology.

Adrian Przelozny forecasts a transformative 2025 for cryptocurrency, buoyed by pro-crypto US policies and growing institutional investment.

Splend has secured over USD $300 million to expand its zero-emissions rideshare fleet in Australia and the UK, aiming for 10,000 vehicles by 2025.

LG Electronics has attained Level 3 Cybersecurity Management Systems certification from TÜV Rheinland, highlighting its commitment to automotive cybersecurity.

NTT DATA plans to acquire Niveus Solutions, boosting its Google Cloud capabilities with an additional 1,000 experts to enhance AI and data engineering services.

Matthew Winter has been appointed Head of Engineering at Prophet, enhancing its data ingestion capabilities as the company experiences significant growth.

Ansys has achieved a remarkable 110-fold speed boost in CFD simulations using NVIDIA's advanced chips, slashing run times from weeks to mere hours.

NVIDIA has unveiled the Omniverse Blueprint, designed to help software developers create digital twins for industries like aerospace and automotive.

MathWorks and NXP have launched a Model-Based Design Toolbox to enhance Battery Management Systems, revolutionising testing and design for electric vehicles.

Itron has launched its CityEdge portfolio, integrating IoT technologies to tackle urban challenges like climate change and public safety across cities.

Celonis is revolutionising business efficiency with innovative process mining, bridging data gaps to enable AI-driven optimisation across industries.