Qualcomm automotive enterprise booming; $30 billion pipeline

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Mercedes-Benz faucets Qualcomm Snapdragon Digital Chassis for digital cockpit and automotive connectivity

Offering its Snapdragon Digital Chassis to the automotive trade has been a serious driver of Qualcomm increasing its complete addressable market to $700 billion by the tip of the last decade. Simply two months in the past the corporate counted its automotive design win pipeline at $19 billion. This week at an Automotive Investor Day occasion in New York Metropolis, the corporate up to date that design win determine to $30 billion.

CEO Cristiano Amon contextualized Qualcomm’s automotive progress as a part of a unified expertise roadmap predicated on three pillars: “It’s essential to be all the time related to the cloud 100% of the time. You’ve a brand new structure for computing on the edge which is about heterogeneous and environment friendly computing…And the flexibility to scale synthetic intelligence on the edge.”

Qualcomm’s Snapdragon Digital Chassis includes applied sciences for digital cockpits, car-to-cloud connectivity, an auto connectivity platform and an ADAS/autonomous driving platform. “The chance could be very vital in auto,” Amon mentioned. “We’re not only a modem firm; we’re not simply an RF firm; we’re not only a CPU or GPU firm…We have now all of them.”

Particular to the automotive finish market, Amon referred to as out that digitalization is “taking place at [an] unprecedented tempo” pushed by tendencies round clever transportation methods, new car architectures, the transition to electrification, connectivity, automated driving and, maybe essentially the most basic change, the transition of vehicles into platforms for brand spanking new service supply that adjustments the best way auto sellers relate to clients. For extra on that evolving dynamic, take a look at protection of this dialog between Qualcomm SVP and GM of Automotive Nakul Duggal and Stellantis Chief Expertise Officer Ned Curic.

Again to the Automotive Investor Day occasion, Qualcomm introduced it’s working with Mercedes-Benz on bringing Snapdragon Digital Chassis to future autos, particularly digital cockpits and automotive connectivity for car telematics.

Mercedes Chief Software program Officer Magnus Ostberg mentioned in an announcement, “For a few years, Qualcomm Applied sciences has helped us ship modern options to our clients. Our sturdy relationship is significant to guiding the automotive trade via a time of outstanding progress and technological disruption.”

To the large image, Amon famous that two months in the past the automotive design pipeline was at $19 billion and is now as much as $30 billion. This, he mentioned, “actually displays how uniquely positioned the Snapdragon Digital Chassis is and the way we’re actually making a platform for the automotive trade…It actually displays the success of Qualcomm’s diversification technique and execution of the related clever edge.”

Keep tuned for extra detailed protection of Qualcomm’s Automotive Investor Day.

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