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General Motors, Magna, and Wipro create EV software marketplace – ‘SDVerse’

March 05, 2024

General Motors (GM), Magna, and Wipro Limited, a technology services and consulting company, are collaborating to develop SDVerse, a B2B sales platform for automotive software.

SDVerse aims to transform the automotive software sourcing process by providing a platform for buyers and sellers to connect directly. The platform allows sellers to list their software’s features and attributes, and buyers to explore available software products through a comprehensive catalog. SDVerse is currently under development and is expected to feature hundreds of automotive software products. Participants from across the automotive value chain are invited to join.

Potential key subscriber benefits of SDVerse include:– Reduced cost, time, and complexity, by eliminating duplication of efforts, enabling the reuse of already-developed software, and allowing higher economies of scale by bundling software orders through multiple clients– Higher quality of software, which has already undergone increased cycles of testing and validation. Additionally, the free-market approach improves customer vehicle quality through competition– Improved resource allocation, which allows OEMs and suppliers to deploy engineering resources to innovate in areas that improve and differentiate driver and passenger experiences, and minimize time spent ‘reinventing the wheel’– Improved revenue for sellers, through an expanded client base and opportunities to monetize existing IP– New approach to software sourcing, allowing companies to source software separately from hardware, and to create an attractive alternative to OEM insourcing of software development

SDVerse has named Prashant Gulati as CEO, effective from March 5th, 2024. Gulati has over two decades of experience in launching and leading automotive organizations and is a thought leader in software technology.

Here’s the website to see more:https://www.sdverse.co/