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RT-RK is a R&D company and national research institute that delivers development services and own products in the arena of real time embedded systems, with strong focus on consumer electronics and automotive industries.

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TTTech Auto raises $285 million from Aptiv and Audi

As the company expands globally, growth of the current capacities becomes pivotal.

TTTech Auto, a technology leader in safe software platforms for automated driving, headquartered in Vienna, Austria, with 1,200 employees working from over 10 locations across Europe, the U.S.A. and Asia announced its last funding round from Aptiv and Audi confirming its strong position amid a growing number of auto tech unicorns.

With Aptiv, another highly successful and important technology leader becomes part of TTTech Auto’s blue chip shareholder base alongside Audi, Samsung ElectronicsInfineon Technologies and the founder-led TTTech Group.

“Aptiv and TTTech Auto together have successfully deployed safety software systems in vehicles across various brands of the Volkswagen group since 2017.” Kevin Clark, President and CEO, Aptiv

“Audi and TTTech Auto have a long-standing strategic partnership in the field of developing automated driving technology. With the Volkswagen Group’s software company CARIAD, Audi is driving the introduction of that technology forward at full speed and TTTech Auto is an important partner along this path.” Markus Duesmann, CEO, AUDI AG.

Aptiv, Audi and TTTech Auto have a shared track record: The three companies worked together on Audi’s central driver assistance controller for automated driving. The fruitful collaboration on this platform was honored with the Automotive News PACE Award in 2019.

The company’s expansion plans include international growth with a strong focus on Asia. In China, TTTech Auto already operates the joint venture company Technomous together with SAIC Motor Corporation, the largest Chinese car manufacturer in this increasingly important automotive market.

The new funding will elevate the company’s flagship product, the safety software platform MotionWise, to support car manufacturers in shortening the development cycles for software defined cars. The safety platform will be delivered as an open, modular, standards-based platform. Specific tools will enable car manufacturers to accelerate the software development process dramatically, from the idea stage to series production, including feature updates over-the-air, post-sales. As of today, about two million vehicles already drive safely with MotionWise.

The TTTech Auto’s existing and new programs usually lasting 3 to 5 years are highly complex and include development and maintenance of the MotionWise safety software platform for numerous applications some of which involve artificial intelligence, and their orchestration on the system level – on the top of the class silicon including NVIDIAQualcomm, and Intel.

The latest funding will also strengthen development programs and the existing capacities including the regional centers in Novi Sad, Belgrade, Osijek, Banja Luka, and Izmir, where more than 500 employees work on development of the flagship product, its testing, development of specific tools, and cooperate with customers on its integration on their platforms.

TTTech Auto CEE (formerly known as RT-RK Automotive in Serbia, Croatia, and Bosnia and Herzegovina) sets itself ambitious targets to attract the best and brightest in software and safety engineering in a competitive labor market: In 2021, The company started the initiative ‘Employing 200 engineers of all seniorities’ and will continue to offer exciting opportunities for local talent to expand its profile as  one of the best automotive employers in the region.

TTTech Auto will continue its M&A strategy by acquiring complementary products, technologies, and services to meet the ever-growing safety needs of car manufacturers as the industry reaches new levels of automation on its path to autonomous driving and the complexity of software-driven car functions increases.

For more info see the press release.

iWedia Celebrates 10th Anniversary

iWedia, one of the leading providers of software components and solutions for TV devices for major service operators and consumer electronics manufacturers, is celebrating its 10th anniversary.

First established in 2011, iWedia has stayed true to its commitment to provide state-of-the-art solutions. Through the course of the past decade, operators worldwide have recognized iWedia as a valuable partner in a rapidly changing industry and a provider that brings both world-class software products and professional system integration services to the table.

During the course of those 10 years, iWedia has worked closely with many leading companies at the forefront of the transition to new entertainment service delivery paradigms, in particular for living room experiences, including Google, all major SOC vendors, system integrators and tier 1 telco operators. The company has celebrated many key milestones with its clients, from the industry’s first Android deployment for Swisscom, the first Android TV STBs for Bouygues Telecom, the first launch of a new OTT platform for Telus, to launching a new monetisation business model for True Digital and helping the automotive industry deploying its infotainment offering in Europe and Japan.

Equally, it has serviced the right deployment for companies in new markets, such as KDDI and NTT Plala in Japan. Along the way, iWedia has expanded into APAC and LATAM, embarked on the development of a highly successful product offering from a truly global broadcast stack to a powerful and highly reliable media player, and become one of the first companies to have its broadcast stack certified on a Netflix Hybrid Hailstorm operator STB.

Read more on the iWedia’s website 

Here's what Nikola Teslic, CEO RT-RK & CTO iWedia, and Milenko Beric, CFO RT-RK & CFO iWedia, said on the occasion of the 10th anniversary of iWedia

Meet RT-RK Automotive at the most significant industry meeting for Automotive electronics experts, ELIV 2019

Visit us at booth 103 to check out our Infotainment solutions portfolio, including:

  • Android-based digital cockpit software stack for both stand-alone and hypervisor environments
  • Android infotainment extension IPs including modules for A/V projection and command/control
  • Middleware components for secure media content reception and playback supporting broadcast TV (DVB, ISDB) and robust IP streaming

 

 

 

 

 

 

 

 

RT-RK Automotive completes TISAX assessment

Confidentiality, availability and integrity of information are of great value to RT-RK. Taking extensive measures to protect information, we follow the question catalogue of information security of the German Association of the Automotive Industry (VDA ISA).

RT-RK Automotive and Institute RT-RK Osijek have successfully completed the strong security requirements of the Trusted Information Security Assessment Exchange (TISAX) assesment process https://enx.com/tisax. TISAX is used by European automotive companies to provide a common information security assessment for internal assessments, the evaluation of suppliers, and as an information exchange mechanism.

As the automotive industry rapidly evolves to incorporate new technologies like the Internet of Things (IoT), connections to the cloud, autonomous vehicles, information security, and privacy are more important than ever, making such specialized compliance offerings as TISAX critical to winning customer trust. The successful TISAX assessment process of RT-RK Automotive allows many companies in the automotive sector to more easily leverage RT-RK services, as well as exchange data with suppliers who are also TISAX compliant. 

The result is retrievable over the ENX Portal; Scope-ID: SVWXYL;  Assessment-ID: AYKP56; https://portal.enx.com/en-US/myenxportal/published-shared-results/

TISAX and TISAX results are not intended for general public.

TISAX is a registered trademark and governed by ENX Association

 

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