Ford invests $182.2 million in cloud-based software company Pivotal
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With a view to improve its software development capabilities and fast track innovations to customers, Ford has invested $182.2 million in cloud-based software company Pivotal. The automaker is working towards becoming an auto and a mobility company. Along with a focus on its core automotive business, Ford is looking to boost its Ford Smart Mobility initiative by pursuing leadership in connectivity, mobility, autonomous vehicles, the customer experience, and data and analytics.
Mark Fields, Ford president and CEO, said: “Expanding our business to be both an auto and mobility company requires leading-edge software expertise to deliver outstanding customer experiences. Our investment in Pivotal will help strengthen our ability to deliver these customer experiences at the speed of Silicon Valley, including continually expanding FordPass – our digital, physical and personal mobility experience platform.”
Ford has collaborated with Pivotal on the development of FordPass that provides new customer services, like remote access to vehicles through a smartphone app, and mobility solutions, such as parking and car sharing. Now, Ford plans to integrate Pivotal’s advanced software development methodologies and technology across the IT, product development, and research and advanced engineering teams. Ford’s on-demand Dynamic Shuttle pilot program will feature Pivotal’s next-generation cloud platform and analytics capabilities.
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