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Commsignia is poised to benefit from growth of the vehicle-to-vehicle communications market due to its customer-tailored V2X software stack and superior value propositions
SANTA CLARA, California, Sept. 6, 2017 /PRNewswire/ -- Based on its recent analysis of the C-ITS industry, Frost & Sullivan recognizes Commsignia with the 2017 European Customer Value Leadership Award for its end-to-end vehicle-to-everything (V2X) solutions. Commsignia's solutions can be tailored to fit project requirements of automotive original equipment manufacturers (OEMs), Tier I suppliers and Smart City deployments.
Globally, over one million fatalities are reported each year due to automotive accidents, costing individual countries 2% to 3% of their gross domestic product (GPD). Of these fatalities, it is estimated that up to three-quarters could be avoided by using V2X communication technology. V2X is enabled by communication technologies—dedicated short-range communication (DSRC) which is proven and commercially available today, or cellular communication (C-V2X, 5G) which offers more advanced features but is in earlier stages of development and to be proven in pilot deployments. C-V2X and 5G will become commercially available within a few years.
V2X software applications are:
To reap the benefits of V2X applications, sufficient proliferation of the technology is required. Innovative OEMs, including Volkswagen, Toyota, and GM, are announcing the introduction of V2X functionality in volume production models—even ahead of the final determination by the US Department of Transportation (USDOT) on mandating V2V communication in all new light vehicles by 2023.
"Commsignia developed the cutting edge of V2X technology, offering a tailored V2X software solution that is agnostic regarding both hardware platforms and operating systems, as well as the communication media (DSRC & cellular). It is also scalable, and has application programming interfaces (APIs) that enable third parties to write their own applications," said Frost & Sullivan Research Analyst, Siddhanth Kumaramanickavel.
In terms of performance, independent testing has shown that (compared with competition) the Commsignia V2X software has:
These attributes translate into key value propositions in terms of offering flexible solutions with the latest automotive chipsets and operating systems, optimized time to market and bill of materials cost, and the best trade-off between computer power and use of resources. When compared to other market participants, Commsignia has an advantage in terms of a market-ready and tested end-to-end V2X software suite. Commsignia V2X applications have been tried and tested in pilot deployments with major OEMs and smart mobility projects in over 14 countries.
"To be chosen to support a project; government or intelligent transportation system, organizations go through a selection process, where solutions are tested against key metrics," said Kumaramanickavel. "Commsignia has proven itself by showcasing its technology and winning contracts, most notably with the Tampa Hillsborough County Expressway Authority (THEA) Florida, the European C-ITS Corridor, and Compass 4D, as well securing a very strong position in the automotive OEM/Tier I market."
The Tampa Connected Vehicle Pilot will employ innovative vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication technology to improve safety and traffic conditions in downtown Tampa. This is one of three sites selected for the USDOT Connected Vehicle Pilot Deployment Program, which seeks to spur innovation among early adopters of connected vehicle applications. Commsignia is an approved supplier for this pilot and expects to supply a large number of the OBUs for the 1,600 cars, 10 buses and 10 trolleys to be fitted.
Commsignia's founders are respected industry experts and are backed by a strong team of hardware and software engineers. The company invests time at an early stage of a project to leverage its in-depth knowledge and act as a trusted advisor for its clients, thereby building a loyal customer base. Commsignia is working in a nascent market that does not feature many participants, but it has seen an increase in its sales pipeline in terms of projects and request for quote (RFQ) from Tier I and OEM projects. Commsignia uses customer relationship management tools to effectively manage its customer interactions. As a result, Commsignia has emerged as the preferred supplier for major Tier Is, including—among other major non-disclosed names—Laird, Ficosa, and Valeo (US). For these reasons, Commsignia has earned Frost & Sullivan's 2017 European Customer Value Leadership Award.
Jozsef Kovacs, Commsignia CEO commented, "In a nascent market, it is important that customers have a positive experience with their first V2X implementations. In order to make this happen, Commsignia invests time with customers, advising the best solutions to ensure that demanding project requirements are met. I am very proud that with the Customer Value Leadership award, Frost & Sullivan has recognized both the added value of our end-2-end solutions as well as our dedicated customer approach."
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company's unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Commsignia
Commsignia (www.commsignia.com) is the market's most dynamic V2X company thanks to its cutting-edge technology and market ready portfolio. Commsignia specializes in Connected Car / V2X software and hardware products compatible with IEEE 802.11p and Cellular V2X helping to build the next generation autonomous car and smart mobility ecosystem that will make driving safer whilst reducing congestion and lowering emissions. Commsignia supplies best-in-class V2X (Car2X) Communication Software, hybrid V2X /ADAS Applications with robust PKI and SCMS security, a V2X SDK as well as Onboard (OBU) and Roadside Units (RSU) for connected car and Smart City deployments.
Contact: Nicolas Richter
P: +41 79 820 50 79 or + 1 650 614 1771
E: press@commsignia.com
About Frost & Sullivan
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Contact:
Samantha Park
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