Arrow Electronics Accelerates Automotive Software Development with Expansion into New Development Centres
Arrow Electronics (NYSE:ARW) and its engineering services company, eInfochips, have expanded their Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul. The expansion aims to support customers in developing next-generation automotive products. The company has strengthened its capabilities through the acquisition of iQmine, a leading engineering services provider specializing in AUTOSAR, ECU software development, functional safety, and vehicle diagnostics. This strategic move addresses the industry's challenges in adopting connected, autonomous, and hybrid software technologies, particularly for companies lacking in-house engineering expertise.
Arrow Electronics (NYSE:ARW) e la sua azienda di servizi ingegneristici, eInfochips, hanno ampliato il loro Centro di Eccellenza Automotive (CoE) con nuovi centri di sviluppo a Monaco di Baviera e Istanbul. L'espansione ha l'obiettivo di supportare i clienti nello sviluppo di prodotti automobilistici di nuova generazione. L'azienda ha rafforzato le proprie capacità attraverso l'acquisizione di iQmine, un fornitore leader di servizi ingegneristici specializzato in AUTOSAR, sviluppo software ECU, sicurezza funzionale e diagnostica del veicolo. Questa mossa strategica affronta le sfide del settore nell'adozione di tecnologie software connesse, autonome e ibride, in particolare per le aziende che mancano di competenze ingegneristiche interne.
Arrow Electronics (NYSE:ARW) y su empresa de servicios de ingeniería, eInfochips, han ampliado su Centro de Excelencia Automotriz (CoE) con nuevos centros de desarrollo en Múnich e Estambul. La expansión tiene como objetivo apoyar a los clientes en el desarrollo de productos automotrices de próxima generación. La empresa ha fortalecido sus capacidades mediante la adquisición de iQmine, un proveedor líder de servicios de ingeniería especializado en AUTOSAR, desarrollo de software de ECU, seguridad funcional y diagnóstico de vehículos. Este movimiento estratégico aborda los desafíos de la industria en la adopción de tecnologías de software conectadas, autónomas e híbridas, especialmente para las empresas que carecen de experiencia en ingeniería interna.
Arrow Electronics (NYSE:ARW)와 그 엔지니어링 서비스 회사인 eInfochips가 뮌헨과 이스탄불에 새로운 개발 센터를 열어 자동차 우수 센터(CoE)를 확장했습니다. 이번 확장은 고객이 차세대 자동차 제품을 개발하는 데 지원하기 위한 것입니다. 이 회사는 AUTOSAR, ECU 소프트웨어 개발, 기능 안전 및 차량 진단을 전문으로 하는 선도적인 엔지니어링 서비스 제공업체인 iQmine을 인수하여 역량을 강화했습니다. 이 전략적 결정은 연결된 자율 하이브리드 소프트웨어 기술을 채택하는 데 있어 산업의 도전 과제를 해결하고 있으며, 특히 내부 엔지니어링 전문성이 부족한 기업들을 위해서입니다.
Arrow Electronics (NYSE:ARW) et sa société de services d'ingénierie, eInfochips, ont élargi leur Centre d'Excellence Automobile (CoE) avec de nouveaux centres de développement à Munich et à Istanbul. Cette expansion vise à soutenir les clients dans le développement de produits automobiles de nouvelle génération. L'entreprise a renforcé ses capacités grâce à l'acquisition d'iQmine, un fournisseur de services d'ingénierie de premier plan spécialisé dans AUTOSAR, le développement de logiciels ECU, la sécurité fonctionnelle et le diagnostic des véhicules. Ce mouvement stratégique répond aux défis de l'industrie dans l'adoption des technologies logicielles connectées, autonomes et hybrides, particulièrement pour les entreprises manquant d'expertise en ingénierie interne.
Arrow Electronics (NYSE:ARW) und sein Ingenieurdienstleistungsunternehmen eInfochips haben ihr Automotive Center of Excellence (CoE) mit neuen Entwicklungszentren in München und Istanbul erweitert. Die Expansion zielt darauf ab, Kunden bei der Entwicklung von Produkten der nächsten Generation im Automobilbereich zu unterstützen. Das Unternehmen hat seine Fähigkeiten durch die Übernahme von iQmine, einem führenden Anbieter von Ingenieurdienstleistungen, der sich auf AUTOSAR, ECU-Softwareentwicklung, funktionale Sicherheit und Fahrzeugdiagnose spezialisiert hat, gestärkt. Dieser strategische Schritt geht auf die Herausforderungen der Branche bei der Einführung von vernetzten, autonomen und hybriden Softwaretechnologien ein, insbesondere für Unternehmen, die über kein internes Ingenieurwissen verfügen.
- Strategic expansion into key automotive markets through new development centers in Munich and Istanbul
- Acquisition of iQmine strengthens automotive engineering capabilities
- Positioning to capitalize on C.A.S.E (connected, autonomous, shared and electrified) industry trends
- None.
Insights
The expansion of Arrow Electronics' Automotive Centre of Excellence through new development centers and strategic acquisitions represents a calculated move to capitalize on the growing automotive software market. The focus on C.A.S.E. (connected, autonomous, shared, electrified) technologies positions Arrow to capture significant market share in the rapidly evolving automotive sector.
The acquisition of iQmine adds important capabilities in AUTOSAR and ECU software development, addressing critical needs in the industry where engineering talent is scarce. This strategic expansion in Munich and Istanbul provides access to key European automotive markets and technical talent pools, potentially driving new revenue streams from both engineering services and component sales.
Innovators face hurdles in adopting connected, autonomous and hybrid software technologies, as some lack in-house engineering talent with the relevant skills. Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with these technologies in the automotive industry.
Arrow’s recent acquisition of iQmine, a leading engineering services provider for the automotive and transportation industry, further bolsters the CoE’s capabilities. Headquartered in
“The C.A.S.E (connected, autonomous, shared and electrified) trend is becoming the framework for the future of the automotive industry. This presents an unprecedented opportunity for Arrow in both engineering services and components,” said Rick Marano, president of Arrow’s global components business. "The automotive CoE, augmented by our recent acquisition of iQmine, as well as Avelabs earlier this year, complements and expands our existing engineering services provided by eInfochips.”
Learn more about the automotive CoE here: https://www.einfochips.com/domains/automotive/
About Arrow Electronics
Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of
About eInfochips
eInfochips, an Arrow Electronics company, is a leading provider of digital transformation and product engineering services. With 500-plus products developed and 40 million deployments in 140 countries, eInfochips fuels technological innovations in multiple verticals. eInfochips accelerates time to market for its customers with its expertise in the areas of cloud, IoT, AI/ML, digital twins, hyper automation, and cybersecurity.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241030265939/en/
Media contacts:
John Hourigan
jhourigan@arrow.com
Thorsten Hecking
thorsten.hecking@arrow.com
Bharath Aitha
bharath.aitha@einfochips.com
Investor Relations contact:
Brad Windbigler
brad.windbigler@arrow.com
Source: Arrow Electronics
FAQ
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