IT Company Collaborates with Mercedes-Benz Research and Development India to Accelerate Realisation of Software-Defined Vehicles
The company has a market cap of over Rs 33,000 crore and the stock is up by 25 per cent from its 52-week low of Rs 1,020.60 per share.
KPIT Technologies Ltd has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development and realisation of Software Defined Vehicles (SDVs). This collaboration is poised to enhance innovation, speed up product feature launches and deliver cost advantages by leveraging KPIT’s cross-domain expertise in mobility technologies. Mercedes-Benz is advancing its software development strategy as a fundamental pillar of its digital transformation journey across the globe. The company's approach focuses on creating an integrated software architecture that enhances vehicle functionality, user experience and operational efficiency.
By prioritising software development, Mercedes-Benz aims to deliver continuous improvements to customers through regular updates, ensuring vehicles remain technologically current throughout their lifecycle. Drawing on KPIT’s deep domain knowledge and experience in enabling mobility transformation globally, the collaboration will play a pivotal role in re-architecting the technology stack of next-generation vehicles.
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KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart and safe future. With 13000+ automobile believers across the globe, specialising in embedded software, AI and digital solutions, KPIT accelerates its clients' implementation of next-generation technologies for the future mobility roadmap. With engineering centres in Europe, the USA, Japan, China, Thailand and India, KPIT works with leaders in automotive and mobility and is present where the ecosystem is transforming.
The company has a market cap of over Rs 33,000 crore and the stock is up by 25 per cent from its 52-week low of Rs 1,020.60 per share. Investors should keep an eye on this IT stock.
Disclaimer: The article is for informational purposes only and not investment advice.