Connect with us

Technology

Embitel continues its journey with the Volkswagen Group, advancing toward a brighter digital future

Published

on

BENGALURU, India, Dec. 7, 2024 /PRNewswire/ — Embitel Technologies, a globally recognized provider of cutting-edge product engineering services and end-to-end digital transformation solutions, has announced a significant milestone in its journey with the Volkswagen Group. As of mid-2024, Embitel has solidified its integration into the global Volkswagen Group’s network while maintaining its operational independence. By strengthening its synergies with the Volkswagen Group’s IT division, Embitel is poised for exponential growth, leveraging these partnerships to drive forward its ambitious vision.

With an aim to expand its workforce to 4,000 employees by 2030, Embitel is ramping up recruitment across its locations in Bangalore, Pune, Ahmedabad, and Coimbatore. Currently, at 1,000 employees, the company is focused on scaling its operations to meet the demands of a growing global client base.

Volkswagen Group’s commitment to the company ensures that it will remain a key player in the Group’s digital transformation efforts while simultaneously exploring new markets and sectors that align with its capabilities. This will allow Embitel Technologies to scale its embedded systems engineering offerings and vehicle connectivity solutions that transform cars into software defined vehicles.

Commenting on this, Sharad Bairathi, Co-founder and CEO of Embitel Technologies, said, “The transition to Volkswagen Group IT marks a significant milestone in our strategic journey. We are now ideally positioned to leverage Volkswagen’s extensive resources and innovative vision while maintaining operational agility and continuing our essential collaboration with CARIAD. We are ready to redefine the digital landscape and play a key role in shaping the future of mobility and technology.”

Embitel Technologies will remain independent throughout this transition, ensuring uninterrupted day-to-day operations. The company is committed to delivering exceptional service to its existing clients, including those beyond the Volkswagen Group.

“We are excited to welcome Embitel Technologies into our ecosystem and make them a part of our journey towards a comprehensive digital transformation. As we advance our technology impact on the business and continue digital transformation initiatives, we are confident that Embitel Technologies will play a pivotal role in enhancing our operations and driving technological advancements across segments. We look forward to the innovative solutions they will bring as we shape the future of mobility together,” said Stefan Imme, Volkswagen Group Sales IT.

As Embitel Technologies is closely collaborating with Volkswagen Group IT, the company will benefit from increased investments and access to the Volkswagen brands ecosystem, accelerating its growth and innovation. This shift will facilitate the expansion of Embitel Technologies’ digital and technological capabilities, aligning with Volkswagen Group’s strategic vision for growth.

About the Volkswagen Group:

The Volkswagen Group is one of the world’s leading car makers, headquartered in Wolfsburg, Germany. It operates globally, with 114 production facilities in 17 European countries and 10 countries in the Americas, Asia and Africa. With around 684,000 employees worldwide. The Group’s vehicles are sold in over 150 countries. With an unrivalled portfolio of strong global brands, leading technologies at scale, innovative ideas to tap into future profit pools and an entrepreneurial leadership team, the Volkswagen Group is committed to shaping the future of mobility through investments in electric and autonomous driving vehicles, digitalization and sustainability. In 2023, the total number of vehicles delivered to customers by the Group globally was 9.2 million (2022: 8.3 million). Group sales revenue in 2023 totaled EUR 322.3 billion (2022: EUR 279.1 billion). The operating result before special items in 2023 amounted to EUR 22.6 billion (2022: EUR 22.5 billion).

Embitel

Since its inception in 2006, Embitel Technologies India Pvt. Ltd., has driven digital transformation through advanced technology in the realms of Automotive, Internet of Things, Connected Car and Digital Solutions. Embitel has a proven track record of delivering end-to-end solutions from concept to production for a global client base. The company also provides accelerator solutions that can help customers to reduce overall development time and effort considerably. A Volkswagen Group company, Embitel is a close development partner for CARIAD, the Group’s automotive software company. Embitel has its corporate office in Bengaluru, with development centres in Ahmedabad, Pune and Coimbatore in India.

Find more information about Embitel at www.embitel.com.

 

View original content:https://www.prnewswire.com/in/news-releases/embitel-continues-its-journey-with-the-volkswagen-group-advancing-toward-a-brighter-digital-future-302325110.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

XTrend Speed to Highlight Platform Innovations at Hong Kong Traders Fair

Published

on

By

HONG KONG, Dec. 12, 2024 /PRNewswire/ — XTrend Speed, a leading financial trading platform renowned for its innovative solutions, is proud to announce its participation in the Hong Kong Traders Fair, taking place on 14 December 2024. The Traders Fair is a globally acclaimed series of educational and networking events that brings together industry leaders, trading enthusiasts, and financial experts to share insights and foster collaboration across Asia and beyond.

The Hong Kong Traders Fair stands as a beacon of innovation and collaboration within the global financial sector, attracting leading brokers, traders, and industry professionals from around the world. XTrend Speed’s sponsorship underscores its commitment to fostering financial education and creating meaningful professional connections on a global scale.

Since its inception, XTrend Speed has continuously evolved to meet the diverse needs of traders worldwide. With an extensive portfolio of more than 400 company stocks listed across America, Europe, and Hong Kong, XTrend Speed has established itself as a trusted platform for seamless and efficient trading. Recognized as the Best Stock Broker Global 2024, the platform is renowned for its user-friendly interface, innovative features like Copy Trading, and its dedication to providing comprehensive market insights.

By sponsoring and attending the Hong Kong Traders Fair, XTrend Speed aims to showcase its ongoing advancements and reaffirm its position as a leader in the online trading industry. This participation not only highlights XTrend Speed’s global reach but also emphasizes its role in shaping the future of trading through education, innovation, and collaboration.

For financial platforms like XTrend Speed, events such as the Hong Kong Traders Fair serve as pivotal arenas for exchange and growth. These fairs provide unique opportunities to educate and empower traders at all experience levels, helping them navigate the complexities of financial markets. They also facilitate the forging of meaningful connections with industry leaders, partners, and traders, fostering collaboration and mutual growth. Moreover, they offer a platform to showcase cutting-edge features and technologies that drive efficiency and success in trading while providing invaluable insights into market needs through real-time feedback from users and industry peers. By participating in these events, platforms like XTrend Speed can refine their offerings and maintain a leading position in the market.

As XTrend Speed prepares to engage with attendees at the Hong Kong Traders Fair, the company remains steadfast in its mission to innovate and provide unparalleled support to traders worldwide. Visitors are encouraged to visit XTrend Speed’s booth to explore the platform’s features, learn from its experts, and discover how XTrend Speed is shaping the future of online trading.

 About XTrend Speed

XTrend is a leading online trading platform, offering cutting-edge technology and access to a wide range of financial markets. With a focus on user experience and innovation, XTrend provides traders with the tools and resources they need to succeed in today’s dynamic financial landscape.

View original content:https://www.prnewswire.com/apac/news-releases/xtrend-speed-to-highlight-platform-innovations-at-hong-kong-traders-fair-302328915.html

SOURCE XTrend Speed

Continue Reading

Technology

Wondershare’s Filmora 14 Achieves Apple ProRes Certification, Enhancing Professional Editing and Collaborative Workflows

Published

on

By

VANCOUVER, BC, Dec. 11, 2024 /PRNewswire/ — Wondershare is excited to announce a groundbreaking milestone for its video editing software, Filmora 14, which has now officially received Apple ProRes certification. This achievement follows months of close collaboration with Apple and underscores Wondershare’s commitment to delivering high-quality, industry-standard solutions for video editing. With Filmora 14’s new ProRes export capabilities, users can now produce professional-grade content that meets Apple’s stringent requirements for quality, efficiency, and fidelity.

“The ProRes certification for Filmora 14 signifies Wondershare’s alignment with Apple’s standards and reaffirms our ambition to equipping creators with the tools they need to bring their visions to life, this certification also positions Wondershare as a leading choice for video creators worldwide who seek reliability and performance.” said Richard Hu, Senior Product Planning Manager at Wondershare.

Not long ago, Filmora 14 underwent an update that leverages AI technology to enhance productivity and creativity in video editing. Its new Smart Short Clips feature automatically extracts and edits highlights from long videos into short clips with one click. It also brought users with over ten new AI tools to enhance efficiency and quality, including Smart Scene Cut, translation-Lip-Sync, AI Face Mosaic, AI Portrait Cutout, AI Sound Effect, AI Video Enhancer, AI Voice Enhancer, AI Color Palette, and Voice Denoise. Professional features like Multi-Camera Editing, Planar Tracking, Path Curve, and Magnetic Timeline are also introduced.

About Filmora

Filmora is designed with its user in mind, featuring smoother performance and an intuitive user interface. With advanced AI features boosting content generation and editing, over 2,300,000 creative assets, commercially available music, 3D LUTs, effects, and pre-set templates, Empowering over 100 million users worldwide, Filmora stands out as a leader in video editing software. Filmora is available on iOS, Android, macOS, and Windows. Follow Wondershare Filmora on YouTubeTikTok and Facebook to learn more.

About Wondershare 

Wondershare is a globally recognized software company, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified,” Wondershare offers a range of tools, including Filmora, Anireel, and DemoCreator for video editing; PDFelement for document management; EdrawMax, EdrawMind for diagramming; and SelfyzAI, Pixpic, FaceHub, AniEraser for image recovery and editing.With over 1.5 billion users across 200+ countries, Wondershare empowers the next generation of creators with intuitive software, trendy creative resources, and a dynamic ecosystem, continually expanding the possibilities of creativity worldwide.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/wondershares-filmora-14-achieves-apple-prores-certification-enhancing-professional-editing-and-collaborative-workflows-302329641.html

SOURCE Wondershare Technology

Continue Reading

Technology

NICE Recovery Systems Partners with Norwegian Alpine Ski Team – Team Telenor to Elevate Performance and Recovery on the World Stage

Published

on

By

BOULDER, Colo., Dec. 11, 2024 /PRNewswire/ — NICE Recovery Systems, a leader in recovery and performance technology, is proud to announce its sponsorship of the Norwegian Alpine Ski Team – Team Telenor. This partnership will provide Norway’s top alpine athletes with NICE’s best-in-class recovery solutions, including the NICE1 Iceless Cold + Compression Therapy System, supporting their performance throughout the 2024/2025 World Cup season and beyond.

As the Strategic Partner and Preferred Supplier of Recovery Products for Norwegian Alpine Ski Team – Team Telenor, NICE Recovery Systems is committed to advancing recovery solutions for elite athletes. This collaboration underscores the critical role recovery plays in competitive sports, enabling the Norwegian team to achieve peak performance while highlighting NICE’s innovative technology.

“Recovery is no longer a luxury for elite athletes; it’s a necessity,” said Michael Ross, CEO of NICE Recovery Systems. “We are honored to partner with the Norwegian Alpine Ski Team, whose dedication to excellence aligns with our mission to provide unmatched performance and recovery solutions.”

“We are excited to partner with NICE Recovery Systems and bring their top-tier recovery technology to our team,” said Claus Ryste, Sports Director, Norwegian Alpine Ski Team – Team Telenor. “This collaboration ensures our athletes have the best tools for recovery during a demanding season, and from our experience, the best alternative when injuries occur. We look forward to the support this partnership will provide at the highest level.”

A Partnership Built for Champions

Through this partnership, Norwegian Alpine Ski Team – Team Telenor athletes will incorporate NICE products into their training and competition recovery routines. The partnership kicks off during the Birds of Prey World Cup at Beaver Creek, Colorado (Dec 6-15), where Norwegian Alpine Ski Team – Team Telenor will use NICE products to recover between races.

About NICE Recovery Systems

Based in Boulder, CO, NICE Recovery Systems is dedicated to the uncompromising pursuit of the highest quality recovery and performance technology. With a commitment to innovation and expert-informed design, NICE products empower users to recover smarter, faster, and better. Learn more at www.nicerecovery.com.

About the Norwegian Alpine Ski Team – Team Telenor

Norwegian Alpine Ski Team – Team Telenor represents Norway’s elite alpine skiers, competing on the world’s biggest stages, including the FIS Alpine Ski World Cup and the Winter Olympics. Known as the “Attacking Vikings,” the team is a symbol of excellence and dedication in the sport of alpine skiing.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nice-recovery-systems-partners-with-norwegian-alpine-ski-team–team-telenor-to-elevate-performance-and-recovery-on-the-world-stage-302329595.html

SOURCE NICE Recovery Systems

Continue Reading

Trending