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Trio of deals shows automotive software market heating up

While the automakers have backed off their claims of the self-driving future being imminent, and the OEMs that supply them try to navigate an always-shifting market, one sector of the connected car supply chain that seems to have taken less of a hit in this expectation-shift is the software and services. To this end, there was a flurry of recent announcements that illustrate this trend, from NXP, Momenta, Teraki, Microsoft, Wind River, and Airbiquity, unveiled at the TU Automotive Detroit show. As we get closer to the age when every car sold has an integrated cellular connection, the market for all manner of supporting software and surfaces increases. Whether these are monitoring and predictive maintenance functions, fleet management and telematics…

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