Valeo's exemplary financial performance,
strategic foresight, and innovative approach drive significant
value for stakeholders, positioning it as a leader in the dynamic
automotive landscape.
SAN
ANTONIO, June 24, 2024 /PRNewswire/ --
Recently Frost & Sullivan assessed the software-defined
vehicle (SDV) industry, and based on its findings, recognizes Valeo
with the 2024 Global Company of the Year Award. The company is at
the forefront of the automotive industry's transformative journey
toward SDVs. It leverages over three decades of experience
providing cutting-edge embedded software solutions to foster safer,
cleaner, and more affordable mobility solutions globally. Valeo
underpins its brand equity with a rich heritage of commitment and
passion spanning a century. From its beginnings in a workshop
outside Paris to its status as a
global technology powerhouse, the company's brand is synonymous
with leading-edge solutions for intelligent mobility and
sustainability.
Valeo offers innovative solutions tailored and structured around
three divisions to address the evolving demands of the automotive
landscape - including driving assistance systems, electrification
systems, and lighting systems. Valeo anSWer represents a paradigm
shift in automotive software solutions, offering an open, scalable,
and modular framework encompassing three significant pillars:
applications, middleware, and engineering services, including
integration which rely on advanced computing platforms. With
best-in-class end-user applications spanning advanced driver
assistance system (ADAS), intelligent lighting, electric
powertrain, and thermal management, Valeo anSWer demonstrates the
company's commitment to delivering innovative solutions that
redefine the automotive landscape. By offering a holistic solution
- software and harware assets - for SDVs, Valeo empowers OEMs to
navigate the complexities of modern vehicle architecture and seize
new opportunities in the evolving automotive landscape.
Kamalesh Mohanarangam, Research
Manager, Frost & Sullivan, observed "Valeo showcases its
pioneering efforts in addressing customers' unmet needs within the
automotive industry with the launch of Valeo anSWer, a
revolutionary transformation journey poised to redefine the future
of mobility. Building upon decades of expertise and innovation, the
company recognized the pressing need for a comprehensive,
integrated software platform that seamlessly integrates diverse
automotive functionalities."
Valeo bolsters a workforce of about 112,000 and a robust
infrastructure comprising 66 R&D centers and 175 production
sites with a global presence spanning 29 countries. The company
enables rapid development and deployment of new features and
transforms the automotive industry's timeline from years to months.
Valeo's brand equity, which embodies a legacy of innovation, trust,
and a customer-focused approach, drives it forward. As Valeo
celebrates a century of history and looks towards the future, its
innovative excellence ensures that it remains at the forefront of
the SDV revolution, earning the loyalty and appreciation of
customers worldwide. By embracing an agnostic and unique
open-source software approach, the company ensures seamless
integration with the entire software ecosystem, positioning itself
as a trusted partner for OEMs and industry stakeholders.
"Valeo capitalizes on the convergence of energy, big data, and
computational intelligence to redefine mobility and create
unparalleled opportunities in the automotive landscape. Its
impressive growth trajectory over the past three fiscal years and
its top-notch collaborations highlight the company's ability to
capture market opportunities effectively and deliver unparalleled
value propositions to customers," added Rabin Dhakal, Best Practices Research Analyst at
Frost & Sullivan.
Each year, Frost & Sullivan presents a Company of the Year
Award to the organization that demonstrates excellence in terms of
growth strategy and implementation in its field. The award
recognizes a high degree of innovation with products and
technologies, and the resulting leadership in terms of customer
value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for its role in helping investors, corporate leaders, and
governments navigate economic changes and identify disruptive
technologies, Mega Trends, new business models, and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success. Contact us: Start the discussion. Contact us:
Start the discussion.
Contact:
Lindsey Whitaker
P: 1.210.477.8457
E: Lindsey.Whitaker@frost.com
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SOURCE Frost & Sullivan