Perficient Unveils Expanded 2024 Roster of Formula SAE and Formula Student Teams in Innovative ‘Electrifying the Future of Automotive’ Program

Rhea-AI Summary

Perficient, Inc. (Nasdaq: PRFT) announced the enhancement of its Electrifying the Future of Automotive initiative to support 13 Formula SAE and Formula Student teams from universities in the U.S., Mexico, and Germany. The program aims to advance STEM education by empowering college students to design, build, and race the next generation of formula-style racing cars, including electric vehicles, in national and global competitions. Perficient has partnered with teams from notable universities and published research indicating opportunities for legacy automakers and dealers to improve the customer experience and accelerate the adoption of EVs.

SAINT LOUIS--(BUSINESS WIRE)-- Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced the enhancement of its Electrifying the Future of Automotive initiative that will now support 13 Formula SAE and Formula Student teams from notable universities across the U.S., Mexico, and Germany.

The next generation of automotive leaders are accelerating the transition from internal combustion engines (ICE) to more sustainable and energy-efficient options. Perficient’s Electrifying the Future of Automotive program is advancing science, technology, engineering, and mathematics (STEM) education by empowering college students to design, build, and race the next generation of formula-style racing cars, including electric vehicles (EVs), in national and global competitions.

As part of the Electrifying the Future of Automotive program, Perficient’s experts meet with students to share how automotive companies work with Perficient, discuss career opportunities, tour team garages, and support each team as they compete.

Perficient has partnered with teams representing the following universities:

• Universidad Autonoma de Nuevo Leon
• Duale Hochschule Baden-Württemberg Stuttgart
• Georgia Institute of Technology
• Northwestern University
• Texas A&M University
• The Ohio State University
• University of Colorado, Boulder
• University of Michigan, Ann Arbor
• University of Minnesota, Twin Cities
• University of Missouri, Columbia
• University of Southern California
• University of Texas at Dallas
• Washington University in St. Louis

"The Texas A&M SAE Formula Electric Team’s mission is to design, build, and test a competitive electric formula-style race car. We aim to foster a sustainable learning environment with multidisciplinary operations in order to execute industry-relevant projects,” said Holden Sparr, Texas A&M team representative. “Perficient’s partnership is more than a sponsorship; it’s an engaging collaboration that directly contributes to providing practical, hands-on experiences and learning opportunities vital for empowering the next generation of engineers."

Perficient’s Automotive Expertise

Serving seven of the top 10 global OEMs and many more suppliers, dealers, and emerging mobility companies, Perficient’s automotive industry experts champion a digital-first, customer-driven approach to connected vehicles, electrification, and omnichannel commerce.

In 2023, Perficient published research that revealed opportunities for legacy automakers and dealers to improve the customer experience and accelerate the adoption of EVs. The research indicated the EV buying experience is more aligned with customer preferences and offered data-backed strategies for OEMs and dealers to improve the car-buying experience.

“We are thrilled not only to continue but also to expand our support of college racing teams as we enter our second year of the program,” said Keith Tomatore, automotive industry lead, Perficient. “Our partnerships symbolize Perficient’s commitment to fostering innovation and excellence in automotive engineering to drive the future of the industry forward.”

To learn more about Perficient’s automotive expertise, follow us on Twitter and LinkedIn.

About Perficient

Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers’ expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world’s largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. For more information, visit www.perficient.com.

Safe Harbor Statement

Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2023. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on management’s current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. Actual events or results may differ substantially. Important factors that could cause our actual results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading “Risk Factors” in our most recently filed annual report on Form 10-K and other securities filings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240208021688/en/

Connor Stieferman, Communications Manager

314-529-3595

Connor.Stieferman@perficient.com

Source: Perficient, Inc.

FAQ

What is the ticker symbol for Perficient, Inc.?

The ticker symbol for Perficient, Inc. is PRFT.

What is the Electrifying the Future of Automotive initiative?

The Electrifying the Future of Automotive initiative aims to support college students to design, build, and race the next generation of formula-style racing cars, including electric vehicles, in national and global competitions.

What universities have Perficient partnered with for the initiative?

Perficient has partnered with universities such as Universidad Autonoma de Nuevo Leon, Duale Hochschule Baden-Württemberg Stuttgart, Georgia Institute of Technology, Northwestern University, and others.

What research did Perficient publish in 2023?

In 2023, Perficient published research that revealed opportunities for legacy automakers and dealers to improve the customer experience and accelerate the adoption of EVs.

How does Perficient aim to drive innovation and excellence in automotive engineering?

Perficient aims to drive innovation and excellence in automotive engineering through its commitment to fostering innovation and excellence in the industry.