Hyundai Teaming With Cisco On Connected Cars

You can’t have “connected commerce” without “connections,” so Hyundai has made one of the latter to facilitate the former.

The auto company announced yesterday (April 19) that is collaborating with Cisco towards the advancement of connected car technology.

A press release explains that the two companies will work together to create a testing environment for connected car simulation, research that will initially focus on optimizing the transmission and reception of data within the vehicles.

Additionally, Hyundai reports to be making investments in the research and development of cloud, data analytics and connected car security technologies.

“Future connected cars will open new innovations in quality, safety and security, as never before,” Euisun Chung, vice chairman of Hyundai Motor, stated in the release. “By expanding time and space, more safety will be guaranteed for our customers. Hyundai Motor will provide new values that go beyond our customers’ expectations in safety, quality and security through cooperating with Cisco. This collaboration will be a chance to bring closer the Hyundai Motor-led future of connected cars and shift paradigms of new mobility.”

“This is truly an exciting time to collaborate with Hyundai Motor,” Chuck Robbins, CEO of Cisco, commented in the release. “Digital disruption into the automotive industry is being driven by technologies that are creating new user experiences, and our leadership in the areas of connected vehicles, security and large-scale communication technologies will be crucial to establishing an industry-leading platform. Cisco is honored to join efforts with Hyundai Motor on the connected car initiative and to play our part in the automotive industry’s evolution.”

The press release adds that Hyundai has outlined, as part of its “Connected Car Roadmap,” four main areas of interest: smart remote maintenance service, autonomous driving, Smart Traffic, and connectivity Mobility Hub.


New PYMNTS Report: The CFO’s Guide To Digitizing B2B Payments – August 2020 

The CFO’s Guide To Digitizing B2B Payments, a PYMNTS and Comdata collaboration, examines how companies are updating their AP approaches to protect their cash flows, support their vendors and enable their financial departments to operate remotely.

Click to comment