Press Release Summary: KPIT Cummins is the first company from India to become a member of JasPar (Japan Automotive Software Platform ARchitecture), a Japan based Automotive consortium.
Press Release Body: KPIT Cummins Infosystems Ltd (BSE: 532400; NSE: KPIT), one of the Premium members of AUTOSAR (AUTomotive Open System Architecture), today announced its membership with JasPar (Japan Automotive Software Platform ARchitecture), a consortium of automotive manufacturers and suppliers working together to develop and establish a standard Japan Automotive Platform Architecture. JasPar is responsible for defining uniform, interchangeable high-speed bus architecture for the Japanese car industry.
Highlights:
¨ KPIT Cummins Infosystems Ltd. is first & the only Indian company which has become a part of the prestigious Japan based consortium
¨ JasPar aims to contribute to the development of global standards, to evolve and enable standardization of communication in the areas of auto & electronic software
Ø JasPar was initiated by leading Japanese automotive OEMs & and tier 1s -- Honda, Nissan Toyota Motor Corp., Denso and Toyota Tsusho Electronics
Ø The membership is granted after the candidate company has met stringent qualification criteria and has sought endorsement from a CORE group member
Ø The membership reinforces KPIT Cummins' position as a significant global player in the automotive industry
¨ KPIT Cummins can now use JasPar specifications to develop tools in compliance with JasPar standards for the Japan automotive market
¨ Prime advantage of being JasPar member is that it enables access to technology development requirements of participating OEM\'s as well as preferential access to the outcome of the joint development
JasPar was formed to address the escalating need for efficient cars and the increasingly stringent legislations for car safety in Japan. As the density of in-vehicle electrical integration and networked systems increases, there is a growing need to develop non-competitive technology on a common platform, at a reduced cost. Car safety requires complex electronic components, which need to collaborate in harmony for safer more reliable ride. JasPar connects auto OEMs and suppliers to understand common problems faced by the industry and provide solution by combined efforts. The consortium carries out activities concerning software and networks for electronic vehicle control systems including survey, research, technological development, specification development and activities related to intellectual properties. To know more visit: (www.jaspar.jp/english)
As a flourishing auto market, Japan has always been one of KPIT Cummins' key targets. Not too long ago, the Company successfully began its partnership with Renesas, for one of the largest outsourcing deals in Japan, in the area of semiconductors. Obtaining membership of a Japan based consortium holds strategic significance. Through the membership, KPIT Cummins can enhance its contribution to the world of automotive electronics in Japan. This will further strengthen its position in Japan, by enabling deeper understanding of local market and existing customers. Given KPIT Cummins' comprehensive background in the field, it intends to further add value to the group. Over the years, KPIT Cummins has established a leadership position and domain expertise in automotive & semiconductor solutions, partnering with some of the major European, North American & Japanese OEMs and Tier-1s.
Commenting on the subject Mr. Kishor Patil, CEO & Managing Director, KPIT Cummins, said, "JasPar is an elite group of some very prestigious automotive OEMs and tier 1s, hence the membership gives KPIT Cummins a distinct recognition of its competence and thought leadership, not only in the Japanese market but the world over. Customers can now expect much more from us given our access to the technology development at this consortium. As the first and presently only company in India to have become a part of the group, we continue to focus on being first choice technology partner for our global AUTO customers. This membership aligns with our long term goal of being a global leader in Automotive Electronics and our business objectives of increasing revenues from the Japanese/Asia Pacific market. We view JasPar membership as an excellent platform where we can both gain and contribute knowledge & expertise in the focused area of Automotive Electronics"
2022
