Chipmaker finds a way into lucrative advanced driver assistance systems market
An Intel senior executive has written a blog about how the company has bought its way into what is now one of the fastest-growing segments of the global auto technology market – advanced driver assistance systems.
Ken Caviasca, vice president and general manager of platform engineering and development in the Internet of Things (IoT) Group at Intel talks of the acquisition of YogiTech, and how it will bring IoT-related market opportunities to the chipmaking giant.
“Today, functional safety, including Advanced Driver Assistance Systems, or ADAS, is used to enhance the safety of transportation and factory systems,” he writes.
One of the fastest-growing segments in automotive electronics, ADAS makes features like assisted parking possible and paves the way for fully autonomous vehicles in the not-so-distant future.
As IT systems increasingly merge with operational systems in buildings, factories, vehicles (and more), functional safety is becoming important for a wide range of IoT market opportunities.
By Intel’s own estimates, 30 percent of the IoT market segment will require functional safety by 2020.
That’s why Intel is acquiring YogiTech, an expert in semiconductor functional safety and related standards. The YogiTech team, based in Italy, will soon join Intel’s Internet of Things Group.
“This acquisition furthers our efforts to win in ADAS, robotics and autonomous machines for market segments like automotive, industrial and other IoT systems that require functional safety and high performance,” writes Caviasca.
“For years, Intel has been providing high-performance IoT systems that allow people and businesses to make better-informed decisions. The industry is now moving from automating data to inform better decisions, to automating actions informed by real-time data. ”
You can see this evolution in the autonomous vehicle prototypes that nearly all have Intel inside, he adds. “Functional safety is a requirement for these and other IoT customers. We see the combination of high performance and functional safety as a natural evolution of Intel’s IoT platform and strategy.
Caviasca says Intel is not yet ready to share product roadmap details, but added the team and technology will “take our autonomous systems efforts to the next level”.