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Effective URL: https://www.sdverse.co/
Submission: On March 05 via api from US — Scanned from US
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Menu * Benefits * For Buyers * For Sellers * FAQ * Subscribe now UNLEASH AUTOMOTIVE INTELLIGENCE WITH SDVERSE The new automotive software marketplace bringing buyers and sellers together to accelerate the development process of software-defined vehicles. Reduced cost, time and complexity Higher quality of software Improved resource allocation Improved revenue for sellers SDVerse is a game-changing buying and selling marketplace focused on the commercialization of automotive software, enabling the software-defined future of the industry. This independent marketplace was developed in collaboration between GM, Magna, and Wipro, and is available to all OEMs, suppliers, and other companies with relevant software offerings and tools. Download press release Founding partners: Launch partners: EXPLORE THE FUNCTIONALITIES One-Stop-Shop for handling of the procurement process The marketplace offers options to engage in direct communication between buyer and seller on the marketplace and it keeps track of the entire procurement roadmap with project folders Product attributes Detailed list of attributes providing in-depth information about the product Product comparison Selected products are shown in a side by side comparison table; products can be bookmarked or directly be clicked to view Smart search function Search engine enables direct product search has integrated advanced filtering, and learns from previous search queries On-demand media Supplier media material providing a visual information channel for buyer groups One-Stop-Shop for handling of the procurement process The marketplace offers options to engage in direct communication between buyer and seller on the marketplace and it keeps track of the entire procurement roadmap with project folders Product attributes Detailed list of attributes providing in-depth information about the product Product comparison Selected products are shown in a side by side comparison table; products can be bookmarked or directly be clicked to view Smart search function Search engine enables direct product search has integrated advanced filtering, and learns from previous search queries On-demand media Supplier media material providing a visual information channel for buyer groups One-Stop-Shop for handling of the procurement process The marketplace offers options to engage in direct communication between buyer and seller on the marketplace and it keeps track of the entire procurement roadmap with project folders NO FEES FOR BUYING OR SELLING PRODUCTS! Once a connection is made between a buyer and seller, negotiations and financial transactions take place outside of the marketplace. SDVerse follows an annual subscription fee model – it does not charge any fees for buying or selling products on the marketplace. Subscribe now BENEFITS FOR BUYERS Reduce Costs * Better make vs. buy decisions * Reduced engineering spend Increase agility * Stop overloading engineering teams with non-differentiating projects * Increase focus on high value software Accelerate development timelines * Increased sourcing visibility * Faster procurement decisions BENEFITS FOR SELLERS Accelerate software commercialization * Enable software centric business models * Drive software specific value (Re-) Position your brand * Demonstrate software capability * Post new products and updates at any time Drive new business * Industrywide marketing in one platform * Lead generation and analytics FAQ What is the SDVerse software marketplace? It’s a B2B sales marketplace for buying and selling automotive software, developed in collaboration between GM, Magna, and Wipro. It aims to revolutionize the automotive software sourcing and procurement process by providing a matchmaking marketplace for buyers and sellers of embedded automotive software. It is an independent, industry-driven, and standard-agnostic marketplace, which is available to all OEMs, suppliers, and any other company with relevant software offerings and tools. Why was the SDVerse software marketplace created? Software development is exploding in the automotive industry – the automotive software market will come close to doubling in this decade. The race to develop the next generation of software defined vehicles is underway, along with the urgency to deliver features faster for less costs. While the automotive industry is accelerating in the adoption of software defined vehicles, processes around software development and procurement are outdated. Buyers have a lack of transparency over the software ecosystem, which leads to challenges and inefficiencies in the make-or-buy decision. Sellers of embedded automotive software struggle with a lack of market awareness for their offerings and highly tailored specifications and requirements for each customer, which leads to a lack of IP reusability and cost-intensive RFI processes. In the face of these challenges, the Founding Members GM, Magna and Wipro came together to develop SDVerse – a need-matching marketplace, which addresses the software-related pain points that companies across the automotive value chain are facing. They have designed the marketplace with the goal of increasing transparency and reducing friction between buyers and sellers of embedded automotive software. By using the marketplace, buyers can easily discover competitive software offerings from various vendors and sellers are able to promote their existing products to more customers than before. How does the SDVerse software marketplace work? It serves as a “matchmaking” marketplace between buyers and sellers of embedded automotive software. Sellers can list software products by attributes and link them to related or complementary software. Buyers can search software offerings, identify matching capabilities, explore product data, compare product attributes, view on-demand media supporting product capabilities and access files like certifications, documentation. Once a connection is made between a buyer and a seller, negotiations and financial transactions take place outside of the marketplace. What motivated the Founding Members to collaborate on this initiative? The Founding Members GM, Magna, and Wipro have a shared understanding of the crucial need for such a marketplace. Their primary driver to create this marketplace stems from the recognition that it should be an industry-driven solution that benefits the entire automotive ecosystem, rather than a captive offering that favors a single player. This collaborative approach ensures that SDVerse remains a marketplace that fosters mutual growth and collaboration within the industry, creating a level playing field for all participants. By putting the industry’s needs first, the Founding Members are pioneering a new era of software development and procurement in the automotive sector. What industry challenges does SDVerse software marketplace address? SDVerse software marketplace addresses the pain points that both buyers and sellers of embedded automotive software are facing. Buyers of automotive software face a lack of transparency over the ecosystem of potential suppliers as well as their offerings and capabilities, which lead to inefficiencies in software engineering, procurement, and the make-or-by decisions being made. Sellers of embedded automotive software often struggle with a lack of market awareness for their software offerings and capabilities, and highly tailored specifications and requirements for each customer, which leads to resource-intensive RFI/RFQ processes and a lack of reusability of IP resources. What are the marketplace key benefits to users? There are various benefits that the Software Marketplace provides to its users. For buyers, the Software Marketplace provides exposure to more sellers, increases transparency between competitive offerings, and therefore helps them make better make-or-buy decisions. For sellers, the Software Marketplace acts as a marketplace on which they can showcase their full scope of capabilities, reduce RFI costs through a standardized set of product details provided on the Software Marketplace catalog, and shape buyers’ requirements by joining them in the starting point for software development conversations (thereby increase IP reusability). What is the business model of the SDVerse software marketplace? It follows an annual subscription fee model – it does not charge any fees for buying or selling products on the marketplace. How is the SDVerse software marketplace unique? It is the only marketplace to date focusing on software commercialization – it complements existing industry-wide software initiatives (i.e., AUTOSAR, Eclipse, etc.) that focus on other elements of software development such as thought leadership, standard setting, and open-sourcing. When will I be able to use SDVerse software marketplace? The target commercial go-live date for the SDVerse software marketplace is Q3 2024. Sellers can begin listing their software before the go-live date. Is this marketplace exclusive to the automotive industry? The SDVerse software marketplace is exclusively for vehicle software (embedded & cloud) and development tools – however, participants don’t need to be automotive-focused as long as they have relevant software offerings. How can I stay connected with the latest updates on SDVerse software marketplace? For additional details or information on how to get started, please register here for one of our announcement events. SUBSCRIBE FOR EXCLUSIVE INSIGHTS AND APRIL 4TH LAUNCH EVENT DETAILS First name* Last name* Job title Company/Affiliation* Email* Regarding automotive software, my primary responsibility for my employer is Please SelectEngineering / Product DevelopmentProcurement / Supply ChainSales / Business DevelopmentOther * I consent that sdverse.co is processing my personal data to send me personalized emails in accordance with SDVerse’s Privacy Information. * I can withdraw my consent at any time. For additional information regarding SDVerse's Privacy Information, please visit the following link: https://www.sdverse.co/privacy/ WHY SDVERSE? “The market for automotive software is expected to nearly double this decade, outpacing the growth of software development talent pools. The current paradigm for software sourcing will not be able to overcome this growing gap without sacrificing both profitability and the auto industry’s aspirations for software defined vehicles. SDVerse addresses these pain points, offering a wide range of benefits across the industry.” Harmeet Chauhan Global Head Engineering Edge, Wipro “Automotive grade software development is rapidly transforming and we all need to ask ourselves how we get customers really unique, differentiating features faster. Part of that is identifying the common underlying code that can be shared in the name of higher quality and lower costs for our end customers. This first-ever software marketplace creates an independent, industry-driven one-stop-shop for embedded systems software, significantly expanding access to new innovations, helping to drive down cost, and allowing companies like GM to implement critical software more quickly.” Dan Nicholson Vice President, Strategic Technology Initiatives, General Motors “Magna’s participation in SDVerse is driven by our ongoing commitment to foster collaboration and drive the automotive industry forward. By embracing this innovative marketplace, we aim to create a more interconnected ecosystem that encourages OEMs, suppliers, and specialty software developers to collaborate and co-create cutting-edge solutions.” Joerg Grotendorst Senior Vice President, Corporate R&D, Magna “The market for automotive software is expected to nearly double this decade, outpacing the growth of software development talent pools. The current paradigm for software sourcing will not be able to overcome this growing gap without sacrificing both profitability and the auto industry’s aspirations for software defined vehicles. SDVerse addresses these pain points, offering a wide range of benefits across the industry.” Harmeet Chauhan Global Head Engineering Edge, Wipro “Automotive grade software development is rapidly transforming and we all need to ask ourselves how we get customers really unique, differentiating features faster. Part of that is identifying the common underlying code that can be shared in the name of higher quality and lower costs for our end customers. This first-ever software marketplace creates an independent, industry-driven one-stop-shop for embedded systems software, significantly expanding access to new innovations, helping to drive down cost, and allowing companies like GM to implement critical software more quickly.” Dan Nicholson Vice President, Strategic Technology Initiatives, General Motors “Magna’s participation in SDVerse is driven by our ongoing commitment to foster collaboration and drive the automotive industry forward. By embracing this innovative marketplace, we aim to create a more interconnected ecosystem that encourages OEMs, suppliers, and specialty software developers to collaborate and co-create cutting-edge solutions.” Joerg Grotendorst Senior Vice President, Corporate R&D, Magna “The market for automotive software is expected to nearly double this decade, outpacing the growth of software development talent pools. The current paradigm for software sourcing will not be able to overcome this growing gap without sacrificing both profitability and the auto industry’s aspirations for software defined vehicles. SDVerse addresses these pain points, offering a wide range of benefits across the industry.” Harmeet Chauhan Global Head Engineering Edge, Wipro * Privacy * Imprint By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. 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