Home Finance News Aeries and Volkswagen unite for Connected Car Technology “VENTIC”

Aeries and Volkswagen unite for Connected Car Technology “VENTIC”

Aeries,  a company dedicated to everything related to the World of Internet called “Internet of Things” now collaborates with Volkswagen forming an alliance that will work on Connected Car Technology subsequently called ‘Ventic.’ 

Ventic will be coming up with the new technology of the VW license System, which is supposedly to be brought into existence for all upcoming car models in 2020. Meanwhile, it was also stated by the german automaker that this joint venture is a customizable approach to Connected Car Technology. 

Regarding the development, Volkswagen Information Director, Adballah Shanti said,

Being essential in vehicle communication, this platform has flexibility, allowing third party amalgamation.

The venture is in partnership of 51% and 49% by Volkswagen and Aeries respectively. The main agenda of this collaboration is to focus on brand vehicles in North America, which will later start with the launch in mid 2020. 

Abdallah further added, 

Our connectivity platform expands beyond remote services and vehicle safety and security. This platform has inherent flexibility which enables new business models through third party integration and is foundational for V2X communications.

Mentioned with reference to V2X technology, this platform commits to support other future capabilities too. To be precise it can bring the Car-Net system that will allow users to change access and rules. The car-net system is pre-assumed to be the brain behind everything. 

There will be a unique technological platform built by Ventic which will allow the company to adapt technology in any vehicle model or region. 

Furthermore, Aeries announced about its new mobility suite. This is exclusively designed to enable the automotive equipment manufacturers to post linked vehicle programs in a very short while, amidst the existing suites. To help automotive manufacturers, the suite offers a cloud-agnostic IoT product. Offering best-in-class, modular software components that are needed to post newly linked vehicle programs.

Marisol Contreras
Marisol is a crypto analyst and crypto trader. She invests in various cryptocurrencies and has a great idea about the finance market. She works as a chief editor of our team and makes the latest crypto news. She can be contacted by email: marisol@forexnews.world.

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