Palo Alto, Calif. January 4, 2006 Frost & Sullivan recently presented its 2006 Automotive Software Industry Innovation & Advancement of the Year Award to QNX Software Systems (QNX) for its QNX® Neutrino® Real Time Operating System the industrys most widely-used and reliable software to power infotainment, navigation, and Bluetooth-based telematics in vehicles in North America.
In the highly competitive automotive software market, QNX consistently produces software for controlling and connecting the increasing amount of in-vehicle electronic equipment used for communication, entertainment, and safety. Harman International, impressed by this exceptional performance, acquired the company in 2004. Before and after this acquisition, the company successfully marketed its QNX Neutrino software to a broad range of automakers and their Tier 1 suppliers, who have incorporated it into a wide range of vehicles and systems.
QNX has continued to increase its share in the growing automotive software market, says Frost & Sullivan research analyst Robert Cavin. The electronics content of vehicles is expected to grow to 35 percent of the overall value of a vehicle by 2015, and Frost & Sullivan believes QNX is well-positioned to expand its market presence and cement its leadership in automotive software.
In addition to audio systems, infotainment, navigation, and telematics systems, automakers are also developing all-encompassing control systems called human-machine interfaces (HMIs) to simplify the driving experience. QNX is a leading contender to develop the next generation of these HMI systems.
Frost & Sullivan believes that QNX has developed an industry-leading automotive software product and competed effectively in the market, notes Cavin. Getting several automakers that compete on various levels to agree on any common product is an achievement in and of itself.
Frost & Sullivan presents its Industry Innovation & Advancement of the Year Award to a company that has proven to be a leader in its industry and that, through its pioneering technology, sound business strategy, and research efforts, has been successful in moving the industry forward. Its excellence in the field has extended beyond its technical advancements and encompasses a comprehensive view of market participants, resulting in an ongoing improvement in the market.
QNX Software Systems, a Harman International company (NYSE: HAR), is the industry leader in realtime, embedded OS technology. The component-based architectures of the QNX Neutrino RTOS and QNX Momentics® development suite together provide the industrys most reliable and scalable framework for building innovative, high-performance embedded systems. Global leaders such as Audi, DaimlerChrysler, General Motors and Visteon depend on QNX technology for navigation, infotainment, driver information systems vehicle, and other in-car computing applications. Founded in 1980, QNX Software Systems is headquartered in Ottawa, Canada, and distributes products in over 100 countries worldwide.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
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