STOCK TITAN

Cognizant Collaborates with Siemens on Solution Accelerator for Software-Defined Vehicles

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Cognizant (CTSH) has announced a collaboration with Siemens Digital Industries Software to enhance its software-defined vehicle (SDV) solution accelerator by integrating Siemens' PAVE360™ technology. The enhanced solution, which includes Simcenter™ Prescan for sensor modeling and scenario-based testing, aims to accelerate SDV development cycles through continuous and simulated verification and validation.

The collaboration addresses key industry challenges, including managing over 100 million lines of code, accelerating product development with resources, and meeting increasing demands for customization. The solution is designed to streamline development processes and reduce feature delivery time while handling complex software requirements from various platforms and components.

The partnership will be showcased at CES 2025 by Amol Gulve, Cognizant's SDV offering leader.

Loading...
Loading translation...

Positive

  • Strategic partnership with Siemens enhances Cognizant's SDV development capabilities
  • Solution addresses growing market demand in automotive software development
  • Technology enables faster product development cycles and reduced time-to-market

Negative

  • None.

News Market Reaction 1 Alert

+0.53% News Effect

On the day this news was published, CTSH gained 0.53%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Cognizant's solution accelerator, powered by Siemens' PAVE360, aims to meet increasing customer demands by speeding up the development cycle for SDVs

TEANECK, N.J., Jan. 8, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today a new collaboration with Siemens Digital Industries Software to integrate Siemens' PAVE360™ into its software-defined vehicle (SDV) solution accelerator. This enhanced accelerator, featuring Siemens' Simcenter™ Prescan for sensor modeling and scenario-based testing, aims to meet rising customer demands by accelerating the SDV development cycle. It is designed to enable continuous and simulated verification and validation, streamline the development process and reduce the time required to deliver features while managing the increasing software complexity from diverse platforms and components.

As the automotive landscape evolves, clients face significant pressures to innovate amidst increasing customization and hyper-personalization demands. The shift toward continuous verification and validation throughout the vehicle development lifecycle necessitates partnerships that can provide robust, agile solutions.

"We are already in an era where software is the differentiating factor in the automotive industry," said Sidhant Rastogi, President, of Zinnov. "From OEMs and tier 1 suppliers to new-age carmakers, tech service providers and platform providers, an ecosystem-driven approach is becoming central to building the capabilities required for SDVs. By enabling a shift-left approach that addresses safety and security requirements, the Cognizant-Siemens collaboration intends to accelerate product development cycles, a critical advantage for automakers in today's competitive landscape."

The automotive industry faces high demand to accelerate product development and testing with limited resources, manage competitive pressures and handle the complexity of over 100 million lines of code. The Cognizant solution accelerator aims to address these challenges by enabling continuous and simulated verification and validation across vehicle development.

"Cognizant's expertise in scalable, hardware-agnostic software development aligns perfectly with our goals to innovate and meet the increasing demands for customization and hyper-personalization in the automotive industry," said David Fritz, Vice President, Hybrid and Virtual Systems, of Siemens. "This collaboration with Cognizant allows us to respond to customers' growing demands effectively, leveraging our combined expertise to accelerate product development and testing processes."

"We are thrilled to collaborate with Siemens to drive the future of mobility through our advanced solution accelerators," said Aditya Pathak, Vice President and Americas Head of Auto, Transportation and Logistics, of Cognizant. "Our expertise in developing scalable, hardware-agnostic software solutions for SDVs will help us toward our goal of delivering exceptional vehicle experiences, features and capabilities to meet the evolving needs of the automotive industry and our clients." 

Amol Gulve, SDV offering leader at Cognizant, will showcase the collaboration at CES 2025, January 7-10, 2025 (booth No. 7430).

About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.

For more information, contact:
Maribel Lopez
Maribel.Lopez@cognizant.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cognizant-collaborates-with-siemens-on-solution-accelerator-for-software-defined-vehicles-302344953.html

SOURCE Cognizant Technology Solutions

FAQ

What is the purpose of Cognizant's collaboration with Siemens for SDV development?

The collaboration aims to accelerate software-defined vehicle development cycles by integrating Siemens' PAVE360™ into Cognizant's solution accelerator, enabling continuous verification and validation while streamlining development processes.

How will CTSH's new SDV solution accelerator benefit automotive manufacturers?

The solution helps manufacturers manage complex software development, accelerate product testing with resources, and handle over 100 million lines of code while meeting customization demands.

When will Cognizant showcase its Siemens collaboration at CES 2025?

Cognizant will showcase the collaboration at CES 2025 from January 7-10, 2025, at booth No. 7430, presented by SDV offering leader Amol Gulve.

What specific Siemens technologies are integrated into CTSH's SDV solution?

The solution integrates Siemens' PAVE360™ and Simcenter™ Prescan technologies for sensor modeling and scenario-based testing.
Cognizant Technology Solutions

NASDAQ:CTSH

CTSH Rankings

CTSH Latest News

CTSH Latest SEC Filings

CTSH Stock Data

41.22B
482.12M
0.1%
101.6%
5.15%
Information Technology Services
Services-computer Programming Services
Link
United States
TEANECK