Volkswagen and Aeris announce formation of Ventic

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Jan 22, 2020

Joint venture focuses on next-generation Car-Net in the U.S.

AUBURN HILLS, MI, and SAN JOSE, CA, USA, JANUARY 22, 2020 – #volkswagen Group of America, and Aeris, a technology leader in the Internet of Things (IoT), today announced the formation of #ventic LLC, a joint venture that is the result of a long-term commitment between #volkswagen and Aeris in the development and operations of connected vehicle platform technologies. #ventic is jointly owned, with 51 percent split to #volkswagen and 49 percent to Aeris. The company will focus on #volkswagen brand vehicles in North America, starting with the launch of the next generation Car-Net in most MY20 vehicles.

Ventic offers a highly customizable approach to Volkswagen’s specific requirements. This gives #volkswagen the ability to manage the connected car program on a single platform, while preserving the ability to deploy solutions that differ based on region or vehicle model.

“Volkswagen is committed to connected vehicle technology, as we see a future where all cars are 100 percent connected at all times,” said Abdallah Shanti, Global CIO, #volkswagen Brand, and Member of the Board, #ventic LLC. “Our connectivity platform expands beyond remote services and vehicle safety and security. This platform has inherent flexibility which enables new business models through third-party integration and is foundational for V2X communications. Furthermore, this platform will serve our customers with delightful and useful functions, as well as being a gateway to other digital ecosystems.”

Key benefits of the #ventic platform can be summarized into three major categories:

Service flexibility and speed. The modern microservices-based platform architecture offers fast and flexible introduction of new services which parallel the development of a new application on a compatible smartphone. The platform architecture also provides the ability to change rules, such as access, in a dynamic way, supporting Volkswagen’s position in a shared mobility world.

Operational efficiency. The platform architecture supports mobility across cloud platforms, as required by business needs and geographical restrictions with built-in system monitoring and operational KPIs.

Customer experience. The #ventic device platform significantly improves response times with a service delivery architecture that optimizes an end-to-end system from wireless connection to telematics applications, while simultaneously addressing key concerns around hardware power management.

“The connected vehicle is at the center of the game-changing trends in the industry – autonomous, electric, shared,” said Raj Kanaya, General Manager of #automotive and Chief Marketing Officer, Aeris, and Member of the Board, #ventic LLC. “Through #ventic, we’re excited to be on this journey with #volkswagen.”