IndiaCatalog.com
India News
Search Web Directory
News Home
A step towards autonomous driving? Ericsson, Volvo Cars sign 5-year global deal
Posted on 1st December 2018
Ericsson has been selected by Volvo Car Group to provide the industrialised Ericsson Connected Vehicle Cloud (CVC) platform to further enable its digital vehicle services in more than 120 markets worldwide for the next five years. Volvo Cars, like other major players in the automotive industry, is increasing focus on securing high-quality connected-vehicle services as digitalisation increases the importance of software services.

The services will also benefit from the increased speed, low-latency and capacity for mission critical applications, such as autonomous driving, that commercial 5G networks will enable.

The deal—which will enable Volvo Cars to provide car owners and drivers with its latest developments in connected car digital services such as automation, fleet management, telematics, navigation and infotainment—is the largest to date for Ericsson CVC.

The company said that delivered via several geographically distributed centres, the platform takes full account of legal, security, and privacy obligations on a global scale—such as compliance with the European Union (EU) General Data Protection Regulation (GDPR).

“With digital services increasingly becoming a differentiation factor for automotive consumers, the need for a secure and dependable service provision infrastructure is critical to provide quality of service at scale,” Ericsson said in a statement, adding, “This is what Ericsson CVC delivers—meeting Volvo Cars’ high services and applications availability and stability expectations, and allowing Volvo Cars to focus on the value creation of connected vehicle digital customer experiences as a differentiator.”

Asa Tamsons, Head of Business Area Technologies & New Businesses, Ericsson, said, “Ericsson is providing a highly scalable and global platform for connected services to Volvo Cars. By removing complexity in areas such as data legislation and storage management, and improving services latency, our platform enhances the overall user experience of Volvo Cars’ connected services.” He added that Ericsson CVC platform will result in rapid innovation and faster launch of new services to the benefit of Volvo Cars’ partners and customers.

Related Companies: Volvo India   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for A step towards autonomous driving? Ericsson, Volvo Cars sign 5-year global deal
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for A step towards autonomous driving? Ericsson, Volvo Cars sign 5-year global deal

Most Read News

More India News

  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement