Luxoft, a global IT service provider based in Zug, Switzerland, has acquired Objective Software GmbH, a 20-year-old consultancy with its headquarters in Munich, Germany plus offices in Turin, Italy; Luxembourg; and Wroclaw, Poland. Objective specializes in software development for the automotive industry, with a focus on connected cars and autonomous ...
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A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
