Welcome!

IBM Cloud Authors: Elizabeth White, Yeshim Deniz, Pat Romanski, Liz McMillan, Stefan Bernbo

News Feed Item

Continental combines key strengths in Silicon Valley for pioneering work on networked transportation

-- Enhancement of team of automotive and IT experts to pave the way for the future of transportation

REGENSBURG, Germany, Aug. 18, 2014 /PRNewswire/ -- Continental, a leading international automotive supplier and industry partner, is driving forward the development of pioneering innovations for the transportation of tomorrow. The company is putting together an international team of innovators from the IT and automotive industries who will focus on Intelligent Transportation Systems (ITS). The new business unit, called "Continental Intelligent Transportation Systems, LLC", will be headquartered in Silicon Valley, California, USA, and headed by Seval Oz, an expert in vehicle networking and automation. In her previous role she worked on Google's self-driving car project.

"This step is an excellent example of our strategy to make the car an integral part of the 'Internet of Everything'. Our key objectives include eliminating road accidents, minimizing energy consumption, maximizing comfort and usability of vehicles, and enabling them to exchange information with each other in real-time," said Dr. Elmar Degenhart, CEO of Continental. He added: "Our new team will be combining some of the key strengths required to create this kind of pioneering innovation – these strengths include the know-how and inventiveness of Silicon Valley's leading experts in digital technology and the expertise of Continental in developing unique and reliable solutions for large-scale automotive production."

Three out of every four cars around the world today contain Continental's solutions, products, and systems that make driving safer, more environmentally compatible and more comfortable. ITS is the extensive, intelligent networking of modes of transport and traffic facilities, through which vehicles will become part of a new traffic guidance system. The networked vehicle (NV) – or connected car – and ITS are seen as essential technology for future transportation.

"ITS opens up many new business opportunities for Continental. Our new business unit will further enhance our competitiveness in this market," said Helmut Matschi, member of Continental's Executive Board and President of the Interior Division. "That's why we have chosen Silicon Valley as our new location. In addition to our existing competence, the Bay Area has the technology and talent for developing connected cars and ITS that we need to build solutions for more than just prototypes."

"I'm incredibly excited to lead Continental's ITS team in the direction of developing world-class engineering services. Our mission is to dramatically improve mobility and safety by forging strong partnerships in both the tech and automotive realm," Oz said.

Continental is already one of the main suppliers of core ITS components. ITS provides the perfect platform to find solutions to global transportation problems such as gridlock, traffic-induced pollution, and accidents caused by human error. Networked vehicles, which can instantly communicate with each other and with the infrastructure, open up a whole range of possibilities for new user functions. Intelligent applications will make driving safer, more comfortable and more environmentally friendly. Such applications include using data from other vehicles and the infrastructure, or a backend (the cloud), to inform the driver about dangers or obstacles along the route as well as other inputs such as travel, fleet, and traffic management. For the development of such solutions data protection is of utmost priority. To develop world-class systems, Continental has already signed partnership contracts with the leading technology suppliers in big data (IBM), trusted security (Cisco) and maps (Nokia HERE).  

Oz, the CEO of the new company, will be responsible for all new business and activities connected with Continental's ITS endeavors worldwide.

"She brings with her a wealth of experience in the field of vehicle networking and infrastructure. She is the ideal candidate to take on this leadership position," said Matschi.

In her previous position Oz served as Senior Business Development Manager at Google Inc., where she was integral in the business development and marketing efforts surrounding the launch of the self-driving car. She was presented with the PWI Women in Technology Award for Courage in San Francisco this year. She received her MBA with distinction from the Wharton Business School. She also graduated cum Laude from Wellesley College and M.I.T. with a degree in economics and political science.

With sales of around €33.3 billion in 2013, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires, and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently employs around 186,000 people in 49 countries.

The Automotive Group with its three divisions Chassis & Safety (sales of approximately €7.3 billion in 2013, roughly 36,500 employees), Powertrain (sales of approximately €6.3 billion in 2013, roughly 32,400 employees) and Interior (sales of approximately €6.6 billion in 2013, roughly 34,400 employees) achieved sales of approximately €20 billion in 2013. The Automotive Group is present in more than 170 locations worldwide. As a partner of the automotive and commercial vehicle industry, it develops and produces innovative products and systems for a modern automotive future, in which cars provide individual mobility and driving pleasure consistent with driving safety, environmental responsibility, and cost-efficiency.

The Chassis & Safety division develops and produces electronic and hydraulic brake and chassis control systems, sensors, driver assistance systems, airbag electronics and sensors, windshield washer systems, and electronic air suspension systems. Its core competence is the integration of active and passive driving safety into ContiGuard. The Powertrain division integrates innovative and efficient system solutions for vehicle powertrains. The comprehensive range of products includes gasoline and diesel injection systems, engine management and transmission control, including sensors and actuators, as well as fuel supply systems, and components and systems for hybrid and electric drives. Information management is at the very heart of the Interior division, which provides a range of products that includes instrument clusters and multifunctional displays, control units, electronic car-entry systems, tire-monitoring systems, radios, multimedia and navigation systems, climate control systems, telematics solutions, and cockpits.

This press release is available in the following languages: German, English

Links
Online media database: www.continental-mediacenter.com

SOURCE Continental

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...