Thursday, April 30, 2015

Continental gets software from age – Heise Newsticker



(Photo: Continental)!

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The auto parts maker Continental sees its future as a software -Pionier. Already 11,000 of the approximately 200,000 employees working in the field of programming. One goal:. No more road deaths

Continental sees its business model in front of a fundamental change. “Software is the new wheel industry. Almost nothing turns without them,” CEO Elmar Degenhart said on Thursday at the meeting in Hannover. “The car will soon be part of the Internet. We are firmly convinced.”

So far, half of the profit depends on Conti on the tire business, which threw more than 48 percent of the total operating profit last year. In future, however, will the digital transformation also bring completely new sign for the services and product range of the auto supplier said Degenhart told shareholders.



protective jacket of information

“Zero Accidents are not a utopia more” said Degenhart and pointed out that 60 percent of all fatal accidents happened on highways. He promised: “We wrap the cars of tomorrow in a protective jacket of information is thus more secure, climate-friendly and comfortable it is to learn to look in the corner…” The key to this is the continuous linking of mobility of the car even on the car-to-car communication to data transmission with data centers and infrastructure.

“fog, ice, snow, rain, autumn leaves on the road:… The car will detect such threats in real time, it will provide an early warning before also about risky overtaking “said Degenhart

intensive technical race

At the end of his set of Conti boss stated: “Our industrial world is in the crucial period of upheaval, the technical competition for the design of future mobility is as intense as hardly before..” Degenhart underlined anew that Conti considering this change is open to partnerships. The Group thereby already working with Cisco, IBM and Nokia

Just in time for the Annual General Meeting on trumped Conti also presents good figures. The Group’s sales in the start quarter 2015 to around 9.6 billion euros and thus laid the compared to the first three months of the previous year by 14 percent. The crucial for Contis forecast so-called adjusted earnings before interest and taxes grew by about 50 million euros to around one billion euros.

Continental adjusted this figure to one-off effects such as costs recently in connection with the multi-billion dollar acquisition the rubber and plastics specialists Veyance emerged. ( dpa ) / ( anw)

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