General Automotive

Wind River Advances Software-Defined Vehicle Innovation on AWS

Retrieved on: 
Wednesday, March 27, 2024

Wind River® , a global leader in delivering software for mission-critical intelligent systems, today announced that it is advancing software-defined vehicle innovation with its cutting-edge Wind River Studio Developer offering, now available running on Amazon Web Services (AWS).

Key Points: 
  • Wind River® , a global leader in delivering software for mission-critical intelligent systems, today announced that it is advancing software-defined vehicle innovation with its cutting-edge Wind River Studio Developer offering, now available running on Amazon Web Services (AWS).
  • Customers can install Studio on AWS and reap the benefits of cloud-scale automated build and test for safety-critical embedded edge platforms.
  • “The automotive industry is at an inflection point as it becomes increasingly software-defined, and we are proud to be demonstrating how our technologies are driving this innovation at the AWS Prototyping and Innovation Lab in Santa Clara,” said Avijit Sinha, president, Wind River.
  • The following from Wind River will be available in AWS Marketplace:
    Wind River Linux, the industry's most advanced embedded Linux development platform, with a comprehensive suite of products, tools, and lifecycle services to build and support intelligent edge devices
    To see the live Wind River Studio and AWS connected car demo at the AWS Prototyping and Innovation Lab, email: [email protected] .

Arity Launches Enhanced Suite of Marketing Solutions to Help Companies Boost Profitability and Productivity

Retrieved on: 
Wednesday, March 27, 2024

Today, mobility data and analytics company Arity , unveils new features and enhancements to its suite of Marketing Solutions, creating the premier solution for marketers to uniquely maximize customer lifetime value and profitability.

Key Points: 
  • Today, mobility data and analytics company Arity , unveils new features and enhancements to its suite of Marketing Solutions, creating the premier solution for marketers to uniquely maximize customer lifetime value and profitability.
  • The newly enhanced suite of solutions includes:
    The Arity Marketing Platform, powered by Transparent.ly, which helps optimize a marketer’s acquisition efforts through Arity’s ability to generate driving behavior insights on nearly 175 million US drivers.
  • Arity Marketing Solutions leverage driving behavior data at scale for an especially unique competitive advantage for auto-focused businesses.
  • Automotive retailers can drive more qualified traffic and sales leads for their products into their marketing funnel based on how, when, and where people drive.

United Automobile Insurance Company Implements Guidewire Cloud to Modernize Claims IT Operations

Retrieved on: 
Wednesday, March 27, 2024

United Automobile Insurance Company (UAIC), one of the largest privately-held, family-owned property and casualty insurance companies in the United States, and Guidewire (NYSE: GWRE) announced that UAIC successfully migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its claims and related IT operations.

Key Points: 
  • United Automobile Insurance Company (UAIC), one of the largest privately-held, family-owned property and casualty insurance companies in the United States, and Guidewire (NYSE: GWRE) announced that UAIC successfully migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its claims and related IT operations.
  • The company implemented ClaimCenter on Guidewire Cloud to its commercial and personal automobile lines of business in all of the states where it operates.
  • “We implemented ClaimCenter on Guidewire Cloud as part of a multi-phase digital transformation strategy.
  • “A software as a service (SaaS) model like Guidewire Cloud has helped us to automate and shape our business more effectively.

Iteris Awarded $9.6 Million Contract by the Orange County Transportation Authority for Countywide Smart Mobility Initiative

Retrieved on: 
Wednesday, March 27, 2024

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded a new contract by the Orange County Transportation Authority (OCTA) for an unprecedented countywide traffic signal synchronization project that will ultimately increase efficiency, safety and sustainability across the entire county.

Key Points: 
  • Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded a new contract by the Orange County Transportation Authority (OCTA) for an unprecedented countywide traffic signal synchronization project that will ultimately increase efficiency, safety and sustainability across the entire county.
  • View the full release here: https://www.businesswire.com/news/home/20240327712567/en/
    Iteris Awarded $9.6 Million Contract by the Orange County Transportation Authority for Countywide Smart Mobility Initiative (Photo: Business Wire)
    Under the terms of the $9.6 million agreement, Iteris will provide signal timing design, operations and maintenance for all 34 cities in Orange County, California, one of the most populous counties in the entire United States.
  • The ClearGuide solution is a key component of Iteris’ ClearMobility® Platform , the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure.
  • “We’re excited to be working with the Orange County Transportation Authority on this important smart mobility initiative,” said Bernard Li, vice president, mobility professional services at Iteris.

Greenlane Announces 280-mile Corridor of Commercial EV Charging Stations from Los Angeles to Las Vegas

Retrieved on: 
Wednesday, March 27, 2024

The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.

Key Points: 
  • The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.
  • Over the next year, further locations will be added along the corridor, extending beyond Southern Nevada and to San Pedro in California.
  • More 200 kW DCFC charging options onsite will enable long-duration and overnight charging for heavy-duty tractors, medium-duty ZEVs and school buses.
  • Greenlane aims to develop a nationwide network of commercial charging infrastructure locations across the U.S.

The Presidio Group Q4 Report: Dealer Profit Erosion, Falling Store Valuations

Retrieved on: 
Wednesday, March 27, 2024

The Q4 2023 edition of “Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends” sums up the industry’s performance in 2023 and provides an outlook on trends happening in 2024.

Key Points: 
  • The Q4 2023 edition of “Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends” sums up the industry’s performance in 2023 and provides an outlook on trends happening in 2024.
  • Presidio’s newest report details how macroeconomic, OEM and consumer trends are impacting the outlook for the retail automotive industry.
  • “This year will be choppier and will likely trend down overall,” said George Karolis, president of The Presidio Group.
  • The report also contains the results of the second quarterly Presidio Dealer Direction Survey.

OsaBus Unveils Major Digital Transformation with Over €600K Investment in Dispo.Travel Platform for Enhanced Customer Experience

Retrieved on: 
Wednesday, March 27, 2024

This strategic move marks the launch of Dispo.Travel , an innovative digital platform tailored for the German market, revolutionizing the way customers interact with passenger transportation services.

Key Points: 
  • This strategic move marks the launch of Dispo.Travel , an innovative digital platform tailored for the German market, revolutionizing the way customers interact with passenger transportation services.
  • For years, OsaBus has been synonymous with high-quality transportation solutions, offering a diverse fleet ranging from private sedans to spacious buses.
  • This digital transformation is a testament to the company's commitment to staying at the forefront of the transport industry, ensuring unparalleled accessibility and convenience for its customers.
  • "This platform is the culmination of years of industry expertise, customer feedback, and technological advancement, all geared towards making OsaBus more accessible and user-friendly."

GM Financial Announces 2023 Auction of the Year Winners

Retrieved on: 
Wednesday, March 27, 2024

GM Financial today named five regional Auction of the Year winners for 2023, one Most Valuable Auction of the Year, and for the first time, awarded a Perfect Audit Score.

Key Points: 
  • GM Financial today named five regional Auction of the Year winners for 2023, one Most Valuable Auction of the Year, and for the first time, awarded a Perfect Audit Score.
  • These prestigious awards are part of GM Financial’s annual Auction of Excellence program recognizing the nation’s highest-performing auction locations.
  • 2023 Regional Auction of the Year Winners:
    America’s Auto Auction Columbus Fair — Obetz, Ohio
    Southern Auto Auction — East Windsor, Connecticut
    Manheim Nashville — Mount Juliet, Tennessee
    2023 Most Valuable Auction of the Year:
    “Thank you for recognizing Manheim Pennsylvania with this prestigious award,” said Joey Hughes, Manheim Pennsylvania Vice President and General Manager.
  • We are grateful for our continued collaboration with GM Financial and look forward to continuing to exceed their expectations,” he said.

Aspinity Launches New AML100 Near-Zero Power Monitoring Solutions for Automotive Security

Retrieved on: 
Wednesday, March 27, 2024

Aspinity , the leader in near-zero power AI solutions, today announced the availability of a suite of new analogML™ algorithms for parked vehicle monitoring.

Key Points: 
  • Aspinity , the leader in near-zero power AI solutions, today announced the availability of a suite of new analogML™ algorithms for parked vehicle monitoring.
  • View the full release here: https://www.businesswire.com/news/home/20240327176420/en/
    Aspinity announced the availability of a suite of new analogML™ algorithms for parked vehicle monitoring.
  • (Photo: Business Wire)
    The number of sensors per car has grown rapidly as innovative automotive OEMs have implemented more real time monitoring applications for predictive and preventative maintenance, safety and security, infotainment, and more.
  • The AML100 also specifically identifies particularly important security events, such as window glass breaking, so that the owner can be alerted immediately.

Informed.IQ Industry Survey Shows Where Improvements Are Taking Place In Leveraging Automation And AI For Lender Operational Efficiency

Retrieved on: 
Tuesday, March 26, 2024

Employer mismatch (26.3), income mismatch (24.2%), and missing signatures (23.2%) represent the biggest challenges when it comes to documentation defects today.

Key Points: 
  • Employer mismatch (26.3), income mismatch (24.2%), and missing signatures (23.2%) represent the biggest challenges when it comes to documentation defects today.
  • The majority of respondents (21%) said automation has reduced fraud in their lending process; following by 19% who said increased speed.
  • “The future of lending is rooted in data, accuracy, and customer satisfaction, and AI and automation are keys to unlocking that future.
  • It's not just about embracing innovation; it's about leading the charge toward a more agile and responsive financial ecosystem."