Vector steps up investment in software, cloud and AI to drive future growth - New Electronics
Summary
Vector is increasing investment in code-centric software development, cloud computing, and AI to evolve from an embedded-software specialist into a provider of an integrated software ecosystem. The company is focusing on scalable software platforms, a software factory, and development tools to reduce complexity and speed development across software-defined systems. Vector plans to apply its expertise beyond automotive into medical technology, aerospace, and industrial IoT and is already collaborating with OEMs and partners to introduce new solutions. The strategy emphasizes supporting end-to-end development while keeping more than 90% of its development located in Germany.
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Automotive Software
Embedded Software
Developer Tools
Linked Companies
Vector Informatik GmbH
$250M to $500M