Cerence Corporation (NASDAQ: CRNC) announced a multi-year partnership with JLR to develop the luxury automaker’s next-generation in-car experience. The partnership will focus on implementing Cerence’s AI-enabled technology to enhance intelligence and capabilities for JLR customers around the world.
The partnership aims to continually expand and improve JLR’s in-car experience, with a focus on increasing enjoyment, safety and productivity through advanced technology solutions. JLR Chief Data and AI Officer Christine Kemp says voice and AI technology will be central to evolving infotainment systems to offer customers expanded functionality and improved in-car journeys. I emphasized.
Cerence Inc. (NASDAQ: CRNC) has announced multiple partnerships with JLR for its in-vehicle development plans. The collaboration of focus and implementation technology makes all AI possible and maximizes the client’s ability to manage JLR.
Maintaining the ongoing partnership between Mira and Espandale and Migliolare within JLR’s fleet, we will strengthen the Divertimento and increase productivity and productivity for developing solutions. JLR’s chief data and AI officer, Christine Kemp, will be responsible for centrally managing AI in the infotainment evolution system, extending the capabilities of AI clients and responding to a variety of situations.
Cerence Inc. (NASDAQ: CRNC) is establishing a large plaza association for the generation of experiences in the automotive market with JLR Parade Sale. A central collaboration will be carried out to achieve the safety of the IA de Serens para Mayoral Intelligencia and the clients of JLR and Todo el mundo.
We continue to expand JLR’s automated experience to make our systems safer and use safe technology to increase productivity. Christine Kemp, Chief Data and AI Officer at JLR, will be responsible for centrally managing IA’s information systems and providing relevant information based on client characteristics.
Inc. (NASDAQ: CRNC) Inc. (NASDAQ: CRNC) It’s a good idea. JLR JLR I want to know what to do.
Achieve the best performance. JLR is an AI company. I want to know what I’m saying It’s okay.
Cerence Inc. (NASDAQ: CRNC) specializes in automotive development and provides a secure means to develop luxury vehicles. The collaboration focuses on technology implementation to enhance the capabilities and information power of JLR’s clients.
Christine Kemp, JLR Ameliore, who is responsible for the voice of technology and the information transformation of technological advancements and information distribution systems to achieve the goals of customer functions and activities.
Cerence Inc. (NASDAQ: CRNC), in partnership with JLR, aims to produce automotive equipment for the luxury automobile industry. Die Zusammenarbeit konzentriert sich darauf, die KI-gestützten Technologien von Cerence umzusetzen, um die Intelligenz und die Fähigkeiten für JLR-Kunden weltweit zu veressern.
Christine Kemp, JLR’s best data and As AI Officer, Mr. Betonte is responsible for all elements of the infotainment system and all elements of KI technology, reviewing detailed functionality.
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Multi-year agreement signed with luxury automaker JLR Strategic partnership in next-generation AI-enabled in-vehicle technology Possible long-term revenue stream through continued collaboration
insight
The strategic partnership with JLR represents a significant expansion of Cerence’s footprint in the luxury automotive sector. With a current market capitalization of $336.2 million, this multi-year deal could have a significant impact on Cerence’s revenue streams and market position. JLR’s annual production volume is approximately 400,000 vehicles, providing a stable long-term revenue opportunity.
The partnership focuses on next-generation AI-enabled technology and represents potential per-vehicle license fees and recurring revenue from software updates and maintenance. Luxury automakers typically have higher technology integration costs per unit, suggesting favorable pricing for Cerence. The partnership also allows Cerence to capture value from the growing trend of software-defined vehicles, where luxury automotive brands are investing heavily in differentiated user experiences.
A distinctive feature of this agreement is its strategic nature. This is not just a supplier agreement, but a collaborative partnership to develop new technology. This approach typically results in deeper integration and higher switching costs, creating a more defensible market position for Cerence in the competitive automotive AI space.
Our partnership with JLR marks a pivotal advancement in automotive AI implementation, especially in the premium segment where user experience expectations are very high. The focus on integrating voice and AI technologies suggests a comprehensive system that includes advanced natural language processing, contextual understanding, and multimodal interaction, areas where Cerence has demonstrated technological leadership. It’s possible.
The timing is strategic as luxury automakers move toward software-defined vehicle architectures. JLR’s commitment to AI-enhanced user experiences aligns with the broader industry trend of voice becoming the primary interface for vehicle interaction. The partnership could result in innovative features such as proactive AI assistants, personalized user profiles, and seamless integration with smart home systems. This is a feature that determines the premium price of luxury cars.
For Cerence, securing a partnership with a luxury automaker provides a valuable test bed for advanced features that can later be cascaded to mass-market vehicles, allowing Cerence to expand its customer base to a broader customer base while maintaining premium pricing for cutting-edge implementations. R&D costs can be effectively amortized over time.
2025/02/01 – 8:00 AM
BURLINGTON, Mass., Jan. 2, 2025 (Globe Newswire) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), the global industry leader in AI for transportation, today announced a multi-year agreement with JLR. announced. Developing the next generation in-car experience for luxury cars.
The two companies will partner to leverage Cerence’s AI-enabled technology to deliver advanced intelligence and capabilities to JLR customers around the world. The two companies will continue to work together to expand and improve the JLR in-car experience.
“JLR has long been synonymous with a technologically advanced driving experience and we are proud to work with this luxury vehicle to further enhance its reputation in this sector,” said Christian, Chief Revenue Officer at Cerence AI. Mentz said. “Cerence AI will work with JLR to create a new generation of in-car experiences that leverage the latest technological advances to improve fun, safety and productivity.”
“User experiences powered by voice and AI technology are at the core of JLR as we evolve our infotainment systems to delight our customers with expanded functionality and a richer, more enjoyable in-car journey. ” said Christine Kemp, Chief Data and AI Officer at JLR. .
To learn more about Cerence AI, visit www.cerence.ai and follow the company on LinkedIn.
About Cerence Co., Ltd.
Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive and seamless AI-powered experiences across automotive and transportation. Cerence leverages decades of innovation and expertise in voice, generative AI, and large-scale language models to power integrated experiences that create safer, more connected, and more enjoyable trips for both drivers and passengers I will. With more than 500 million vehicles shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to power next-generation user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations around the world, and a global team dedicated to pushing the boundaries of AI innovation. For more information, please visit www.cerence.ai.
About JLR
JLR’s reimagined strategy brings its vision of sustainable modern luxury to life through design.
We are transforming our business to achieve carbon net zero across our supply chain, products and operations by 2039. We have set a roadmap to reduce emissions across our operations and value chain by 2030 through recognized science-based targets. Electrification is at the heart of this strategy, with the Range Rover, Discovery and Defender collections each featuring pure electric models by the end of the decade, and Jaguar set to become fully electric.
We are an inherently British company with two design and engineering sites, three vehicle manufacturing facilities, an engine manufacturing center and a battery assembly center in the UK. The company also has vehicle factories in China (joint venture), Slovakia, Austria (contract manufacturing with Magna Steyr), India (contract manufacturing with Tata Motors) and Brazil, and has 7 factories worldwide. We have technical bases in several locations.
JLR is a wholly owned subsidiary of Tata Motors Limited, which is part of Tata Sons.
contact address
Kate Hickman Phone: 339-215-4583 | Email: kate.hickman@cerence.com
FAQ
What is the new partnership between Cerence (CRNC) and JLR?
Cerence (CRNC) has signed a multi-year agreement with JLR to develop next-generation in-car experiences using AI-enabled technology.
What technology will Cerence (CRNC) provide to JLR?
Cerence will deliver AI-enabled technology that enhances the intelligence and capabilities of JLR vehicles, with a focus on voice technology and advanced infotainment features.
How will the partnership with Cerence (CRNC) benefit JLR customers?
The partnership will increase enjoyment, safety and productivity for JLR customers through advanced AI technology and improved infotainment features.
How long is the partnership between Cerence (CRNC) and JLR?
The deal is described as a multi-year partnership, with plans to continue working together to expand and improve the in-car experience over time.
