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KPIT Technologies Ltd on Monday announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development of Software-Defined Vehicles (SDVs).
The software company said this collaboration is poised to enhance innovation, speed up product feature launches, and deliver cost advantages by leveraging KPIT’s cross-domain expertise in mobility technologies.
“Our strategy is to work closely with a select group of clients and help them address complex business challenges through cutting-edge technology. We are committed to accelerating innovation, drawing from decades of experience and insights from numerous mobility transformation programs,” said Kishor Patil, CEO, KPIT Technologies.
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Mercedes-Benz is advancing its software development strategy as a fundamental pillar of its digital transformation journey across the globe. The company's approach focuses on creating an integrated software architecture that enhances vehicle functionality, user experience, and operational efficiency. By prioritising software development, Mercedes-Benz aims to deliver continuous improvements to customers through regular updates, ensuring vehicles remain technologically current throughout their lifecycle.
Drawing on KPIT’s deep domain knowledge and experience in enabling mobility transformation globally, the collaboration will play a pivotal role in "rearchitecting" the technology stack of next-generation vehicles, said KPIT.
KPIT Technologies reported a 48.84% year-on-year jump in its consolidated net profit for the March quarter at ₹244.7 crore compared with ₹164.4 crore in the corresponding period last year. Revenue from operations grew 15% year-on-year to ₹1,528 crore in Q4 FY25.
Commenting on the performance of Q4 FY25, Ravi Pandit, Co-founder and Chairman, KPIT said, “Our strong focus on mobility sector, consistent leadership position among passenger car OEMs, deepening relationship with CV players, doubling down in China and India gives us confidence about our purpose to be a core partner to the mobility ecosystem. Mobility industry will undergo fundamental changes, leadership positions will change and ones who are nimble, can make innovation at scale and lower costs, will do well. Our role is to help our partners succeed and be a trusted partner to the ecosystem.”
Kishor Patil, Co-founder, CEO and MD, KPIT said, “We have consistently delivered nineteen sequential quarters of growth in revenues and operating profits. China mobility ecosystem has challenged Global OEMs on alteration of paradigms in speed, cost and innovation in vehicle development. We have made investments in leadership training, mobility-specific AI solutions, automation, platforms, tools & accelerators and new markets. On the back of strong deal wins for strategic engagements, coupled with potential acquisition of specialized companies, we are positive about our medium-term growth trajectory.”
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