QNX Embedded Technology Powers 255 Million Vehicles On The Road Today

Rhea-AI Summary

BlackBerry announced that QNX software is now embedded in over 255 million vehicles worldwide, according to TechInsights. This represents a year-over-year increase of 20 million and an 80 million increase since 2020. QNX is trusted by leading OEMs and Tier 1s for its safety and security-certified software, supporting various automotive systems from digital cockpits to ADAS.

QNX software is accredited to ISO 21434 for automotive cybersecurity and ISO 26262 for functional safety. The technology's presence in over 255 million vehicles demonstrates automakers' confidence in QNX for next-generation innovation. BlackBerry QNX recently launched new products including QNX Software Development Platform 8.0, QNX Sound, and the QNX Everywhere initiative to create a more open development environment.

Positive

• QNX software is now embedded in over 255 million vehicles worldwide, a 20 million increase year-over-year
• QNX is trusted by leading OEMs and Tier 1s in the automotive industry
• QNX software is accredited to ISO 21434 for automotive cybersecurity and ISO 26262 for functional safety
• BlackBerry QNX launched new products including QNX Software Development Platform 8.0 and QNX Sound

Negative

• None.

Insights

Automotive Technology Analyst

The continued growth of QNX software in vehicles, now embedded in over 255 million cars, underscores its critical role in the automotive industry's shift towards software-defined vehicles (SDVs). This 20% year-over-year increase demonstrates strong market adoption and trust in BlackBerry's technology.

QNX's compliance with ISO 21434 and ISO 26262 standards is particularly significant, as it addresses the growing concern for cybersecurity and functional safety in increasingly complex automotive systems. This positions BlackBerry well in a market where safety and security are paramount.

The expansion of QNX's ecosystem through initiatives like QNX Everywhere could lead to accelerated innovation and potentially new revenue streams. However, the per-unit royalty model means BlackBerry's revenue growth in this sector is tied directly to vehicle production volumes, which can be volatile.

While this news is positive for BlackBerry's automotive ambitions, investors should note that the QNX business is just one part of BlackBerry's overall operations. The impact on the company's financials and stock performance will depend on how well BlackBerry monetizes this growing installed base and expands its offerings in the rapidly evolving automotive tech landscape.

Automakers choose trusted QNX safety and security-certified software to drive high performance and critical functionalities in autonomous and connected vehicles

WATERLOO, ON / ACCESSWIRE / October 15, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that TechInsights, a leading technology analysis and market research firm, has determined QNX® software is now embedded in more than 255 million vehicles worldwide; a year-over-year increase of 20 million and an increase of 80 million since 2020.

QNX is trusted as the foundation for a software-driven future by most leading OEMs and Tier 1s worldwide, including BMW, Bosch, Continental, Dongfeng Motor, Geely, Honda, Mercedes-Benz, Toyota, Volkswagen, Volvo, and more. Its foundational software supports future-proof engineering design, from digital cockpits and advanced driver assistance systems (ADAS) to infotainment systems and domain controllers, enabling automakers to bring innovation to market faster and at lower cost.

The automotive industry is increasingly holding OEMs and technology providers to account on core safety and security standards for mixed criticality systems. This ensures that Software-Defined Vehicle (SDV) innovations safely support today's high performance demands and future technological advances. As the automotive industry's trusted and safety-certified embedded software platform, QNX software is accredited to the new ISO 21434 standard for automotive cybersecurity and ISO 26262, the functional safety standard for the development of electrical and electronic systems in road vehicles.

"The safety and security standards of systems embedded within critical operating layers of vehicles have never been under such close scrutiny," said Mattias Eriksson, President of IoT, BlackBerry. "But stringent safety requirements are necessary to pave the way for future developments in the auto industry, which entail a growing reliance on increasingly autonomous and complex functions. QNX is the trusted foundation for next-generation innovation and our presence in more than 255 million vehicles on the roads today demonstrates the confidence that automakers place in our technologies."

"The reputation that QNX has earned for never compromising critical safety solutions has secured its continued relationships with many of the world's leading automakers and partners," said Greg Basich, Associate Director - Automotive Infotainment & Telematics, TechInsights. "As it pursues a more open and transparent development environment for QNX technologies, we expect to see continued growth and the emergence of a skilled ecosystem in support."

TechInsights determined the volume of vehicles embedded with QNX software based on the number of BlackBerry QNX products that are shipped in the automotive market and the number of cars that contain BlackBerry QNX® products and technology. The vast majority of QNX software that is integrated and used in automotive ECUs is licensed on a per-unit royalty basis.

In the last fiscal year, BlackBerry QNX announced general availability of QNX® Software Development Platform (SDP) 8.0, a scalable, high-performance foundation for next-generation automotive and IoT systems. It also launched QNX® Sound, an audio and acoustics innovation platform for SDVs, and QNX® Everywhere, an initiative to create a more open and transparent development environment for QNX technologies.

For more information on BlackBerry QNX visit BlackBerry.QNX.com

About BlackBerry
BlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 255M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

For more information, visit BlackBerry QNX and follow @QNX News

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contacts:

BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

SOURCE: BlackBerry QNX

View the original press release on accesswire.com

FAQ

How many vehicles currently use BlackBerry's QNX software (BB)?

According to the press release, BlackBerry's QNX software is now embedded in more than 255 million vehicles worldwide, as determined by TechInsights.

What was the year-over-year increase in vehicles using QNX software (BB)?

The press release states that there was a year-over-year increase of 20 million vehicles using QNX software.

What safety standards is BlackBerry's QNX software (BB) accredited to?

BlackBerry's QNX software is accredited to ISO 21434 for automotive cybersecurity and ISO 26262 for functional safety in road vehicles.

What new products did BlackBerry QNX (BB) launch recently?

BlackBerry QNX recently launched QNX Software Development Platform 8.0, QNX Sound (an audio and acoustics innovation platform for SDVs), and the QNX Everywhere initiative.