Delphi Automotive is investing in three companies to improve data processing and management within vehicles.
The supplier is partnering with two Israeli companies -- chip communication company Valens and data marketplace Otonomo -- and German Ethernet connecter maker Rosenberger, the company said Thursday. The new ventures will allow Delphi to increase the speed of vehicle connectivity as well as leverage data that is collected in the car.
“Delphi’s vision is to enable the ‘brain’ and ‘nerve center’ of the vehicle through our leadership in computing and electrical architecture,” Delphi CEO Kevin Clark said in a statement.
The supplier did not disclose the amount of the investments. Valens said Delphi’s investment was part of a $60 million round of funding, which also included Samsung and Goldman Sachs.
As cars become more connected, data has become more valuable. The faster data moves, the faster cars can make decisions -- such as automatic braking or lane departure warning -- or deliver services, like processing voice commands. Managing that data can be a valuable service to automakers, allowing them to work more seamlessly with insurance companies and repair providers by making it easier to predict where cars are at risk for accidents or when they may need preventive maintenance.