With the announcement of its partnership with Honda to actualize the journey of Honda’s Software-Defined Mobility, KPIT Technologies have seen an 8% price rise (SDM).
About KPIT Technologies
In order to make software-defined vehicles a reality, KPIT Technologies collaborates with the automotive and mobility ecosystem on a global scale. In order to advance mobility towards a clean, smart, and secure future, it serves as a premier independent software development and integration partner. KPIT speeds up the adoption of next-generation technologies for its clients’ future mobility roadmap thanks to our 10000+ automobelievers, who are experts in embedded software, AI, and digital solutions. KPIT collaborates with industry leaders in the automotive and mobility industries and is present where the ecosystem is changing thanks to its engineering centres in Europe, Brazil, the USA, Japan, China, Thailand, and India.
KPIT Technologies News
Honda and KPIT Technologies established a partnership to implement Honda’s Software-Defined Mobility journey (SDM). Honda will continue to offer a variety of services and increased value to customers all over the world in the coming future to its next-generation software architecture, control-safety technology, and deep domain & software expertise in the areas of autonomous driving, vehicle electrification, in-vehicle infotainment systems, and platform software.
Honda will continue to offer a variety of services and increased value to customers around the world in the future, according to a statement from KPIT Technologies. “With Honda’s next-generation software architecture and control-safety technology and KPIT’s deep domain & software expertise in the areas of autonomous driving, vehicle electrification, in-vehicle infotainment systems, and platform software,” the company said.
CEO of KPIT Technologies comments
KPIT Technologies’ CEO, Kishor Patil, stated: “KPIT’s mission is to reimagine mobility in order to build a world that is cleaner, smarter, and safer. Honda is a well-known company that inspires great aspiration all across the world. During the past eight years, KPIT and Honda have collaborated closely. There has been reciprocal trust and respect in this connection. About 2,000 Software and Vehicle System Professionals from KPIT will join the alliance in the mid- to long-term, supporting Honda’s SDM vision through 2030 and beyond.”
KPIT Technologies’ president and joint managing director, Sachin Tikekar, stated: “With its DNA of Innovation, Excellence, and Quality, Honda is well-known. Honda’s essential values are echoed by KPIT, laying the groundwork for a long-term, strategic alliance. Our extensive experience in creating SDV roadmaps for numerous top auto and truck manufacturers, combined with an ecosystem of Alliances, offers us the assurance to generate something special for Honda.”
President and joint managing director of KPIT Technologies comments
KPIT Technologies‘ president and joint managing director, Sachin Tikekar, stated: “With its DNA of Innovation, Excellence, and Quality, Honda is well-known. Honda’s essential values are echoed by KPIT, laying the groundwork for a long-term, strategic alliance. Our extensive experience in creating SDV roadmaps for numerous top auto and truck manufacturers, combined with an ecosystem of Alliances, offers us the assurance to generate something special for Honda.”
KPIT Technologies Financials
On the back of a 23.13% increase in operating revenue to Rs 917.12 crore in Q3 FY23 over Q2 FY23, the IT company’s consolidated net profit increased by 20.38% to Rs 100.49 crore.
Who are KPIT top clients?
Ans. BMW, Cummins, Paccar, Lafarge, GM, HONDA and DICV are just a few of KPIT’s clients. The company has also developed software solutions including Revolo, the first On-Bus intelligent transport system approved by ARAI to comply with JNNURM II.
Who are KPIT’S peers
Ans. Tata Elxsi, L&T Technology, Mphasis, Persistent Sys, Oracle Fin. Serv. and PB Fintech, Coforge
Where is the headquarters of KPIT Technologies?
Ans. It is in Pune, Maharashtra State, India
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