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CTTAY Continental AG (PK)

6.53
-0.118 (-1.77%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Continental AG (PK) USOTC:CTTAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.118 -1.77% 6.53 6.51 6.62 6.61 6.52 6.59 40,985 21:00:56

Amazon, Continental Work on Automotive Software Platform

15/04/2021 1:28pm

Dow Jones News


Continental (PK) (USOTC:CTTAY)
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By Mauro Orru

 

Amazon.com Inc.'s subsidiary Amazon Web Services is working with German car-parts supplier Continental AG to develop a platform to connect vehicles to the cloud and enable function updates throughout their entire service life.

Continental said Thursday that Amazon Web Services is its preferred cloud provider in their long-term partnership to develop the platform known as Continental Automotive Edge.

"Backed by the expertise of Continental and its customers, we are creating a development environment that will speed up the development of highly automated and autonomous driving systems," AWS's Vice President of Engineering Bill Vass said.

Continental said it would train more than 1,000 of its 20,000 software and IT experts in AWS cloud technologies so they can continue to improve the platform and work with automotive manufacturers.

Tests are already underway and the platform will be more widely available from the end of 2021.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

April 15, 2021 08:13 ET (12:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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