Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Continental AG
  6. News
  7. Summary
    CON   DE0005439004

CONTINENTAL AG

(CON)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Continental : and Elektrobit Bring First Automotive Supplier In-vehicle

06/15/2021 | 08:58am EDT
  • Highly integrated hardware-software solution will help automakers accelerate deployment of an industry-leading customized voice experience for digital cockpits
  • In an automotive industry first, automakers can now truly test-drive Alexa Custom Assistant as a solution demo in a production vehicle
  • Joint solution - which enables a seamless technology experience and natural dialogue between driver and vehicle - will make its public debut as the exclusive automotive demonstration of Alexa Custom Assistant in a vehicle at Alexa Live 2021 on July 21

Babenhausen, Germany, June 15, 2021. Continental and Elektrobit (EB) today announced a significant advancement in automotive embedded voice experiences: the first in-vehicle integration of Alexa Custom Assistant, a comprehensive solution that lets automakers access Alexa's advanced AI to create their own branded, intelligent assistants. The collaboration brings together Continental's automotive electronics and EB's software expertise, integrating Alexa Custom Assistant into Continental's Cockpit High Performance Computer with software and integration services provided by EB.

The integration of Alexa Custom Assistant into a production vehicle is significant as automakers can now truly experience the solution as part of a fully integrated digital cockpit, giving them better insights into the solution's in-vehicle value proposition and enabling the discovery of novel use cases. The highly integrated hardware-software solution will put automakers on the fast-track to adding an industry-leading customized voice experience to their vehicles that will set them apart from competitors.

'The automotive cockpit is changing. With the addition of more displays, cameras, sensors and advanced features, it is becoming increasingly complex. Additionally, boundaries between life in and outside the vehicle continue to blur, with consumers expecting a seamless technology experience no matter where they are,' explained Frank Rabe, head of business unit Human Machine Interface at Continental. 'Holistic interaction concepts for such complex systems are key, and the best user experience is becoming the ultimate differentiator for any automaker. Working together with Amazon we enable automakers to create world-class customized voice AI experiences that maximize resources and enhance the customer experience.'

With Alexa Custom Assistant, all sorts of custom experiences can be programmed into the vehicle, enabling a natural dialog between the driver, custom assistant, and Alexa to fulfill the driver's request. Alexa's advanced AI ensures each request is routed to the assistant that can provide the most relevant and delightful experience. For example, if a customer asks Alexa to roll down a car window, the request will be seamlessly routed to the vehicle brand's assistant. If a customer asks the vehicle brand's assistant to play an audio book, the request will be routed to Alexa. Automakers can even customize their brand's assistant with a unique wake word, voice and capabilities - providing customers the benefits of an intelligent assistant that is their product and services expert, while seamlessly coexisting and cooperating with Alexa.

Customized voice experience: Continental and Elektrobit integrate Alexa Custom Assistant.

'Advances in AI are making voice experiences in the car more natural, conversational and user-friendly - and we want to make this innovation accessible to any automaker without the investments required to build it from scratch and maintain over time,' said Ned Curic, vice president of Alexa Auto. 'This collaboration with Continental and EB gives the industry a highly integrated and scalable solution for adding customizable in-vehicle experiences to cockpit systems while reducing the burden of building the core capabilities of an intelligent assistant, so automakers can focus their time and resources on creating other unique capabilities that delight their customers.'

Public Debut at Alexa Live on July 21

Continental and EB's in-vehicle integration of Alexa Custom Assistant will be demonstrated at Alexa Live, Amazon's free virtual education event for the Alexa developer community. Automakers are invited to join the session live at 7:15 p.m., by registering here [amazon.com/alexalive].

Extension of Existing Strategic Engagement

This engagement is an extension of EB's existing, multi-year relationship with Amazon as one of the first and a leading integrator of Alexa in vehicles. EB, a software expert with more than 30 years serving the industry, previously showcased cockpit software integration with Amazon at both CES 2019 and CES 2020.

'It's exciting for EB and Continental to pave the way, making it easier for OEMs to add cutting-edge features to their vehicles,' said Christian Reinhard, executive vice president, Elektrobit. 'This first-of-its-kind integration of Alexa Custom Assistant is the logical progression of EB's groundbreaking work with Amazon.'

Disclaimer

Continental AG published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 12:57:07 UTC.


© Publicnow 2021
All news about CONTINENTAL AG
03:49aCONTINENTAL : New BMW M4 – Factory-fitted with Tires from Continental
PU
07/29NEW PARTNERSHIP : Continental and Siemens Mobility to Supply Trucks Across Europ..
PU
07/28CONTINENTAL : Continues to Drive Forward the Development of Server-based Vehicle..
PU
07/23Auto rally, corporate earnings push European shares to record highs
RE
07/23Upbeat earnings put European stocks on track for weekly gains
RE
07/22Magna's $3.8 bln Veoneer buy to drive car safety business
RE
07/22FLEET BUSINESS 4.0 : Service Contract with ContiRe Tires Convinces with Sustaina..
PU
07/20TECHNOLOGICAL EXCELLENCE IN TIRE DEV : Continental Is Celebrating Its 150th Anni..
PU
07/19RACE TO CATCH UP IN ARTIFICIAL INTEL : “Without a Rethink, Germany Will Fa..
PU
07/15CONTINENTAL AG : Gets a Neutral rating from RBC
MD
More news
Financials
Sales 2021 41 844 M 49 706 M 49 706 M
Net income 2021 1 265 M 1 503 M 1 503 M
Net Debt 2021 3 158 M 3 751 M 3 751 M
P/E ratio 2021 18,3x
Yield 2021 2,13%
Capitalization 23 181 M 27 557 M 27 536 M
EV / Sales 2021 0,63x
EV / Sales 2022 0,56x
Nbr of Employees 234 999
Free-Float 54,0%
Chart CONTINENTAL AG
Duration : Period :
Continental AG Technical Analysis Chart | CON | DE0005439004 | MarketScreener
Technical analysis trends CONTINENTAL AG
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 115,90 €
Average target price 132,50 €
Spread / Average Target 14,3%
EPS Revisions
Managers and Directors
Nikolai Setzer Chairman-Executive Board
Wolfgang Schäfer Head-Finance, Controlling, Compliance & Law
Wolfgang W. Reitzle Chairman-Supervisory Board
Gunter Dunkel Independent Member-Supervisory Board
Siegfried Wolf Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
CONTINENTAL AG-4.41%27 557
DENSO CORPORATION18.47%51 416
APTIV PLC28.67%45 343
MAGNA INTERNATIONAL INC.15.65%25 172
WEICHAI POWER CO., LTD.9.00%22 648
HYUNDAI MOBIS CO.,LTD6.85%22 031