Cerence Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Cerence Strengths, Domain Expertise, and Key Differentiators

As a distinguished innovation partner to renowned global automakers and mobility OEMs, Cerence is at the forefront of driving the progress of connected mobility. Its paramount focus lies in facilitating intuitive and robust interaction between individuals and various modes of transportation, including automobiles, two-wheelers, and even elevators. By seamlessly integrating consumers' digital lifestyles with their everyday journeys, Cerence ensures a harmonious experience regardless of geographical location. Its impressive track record is anchored in over two decades of accumulated expertise and the successful implementation of Cerence technology in over 450 million vehicles shipped worldwide.

Cerence Recent Developments

In July 2022, CerebrumX and Cerence announced a groundbreaking strategic collaboration, leveraging the power of artificial intelligence (AI), cloud computing, and connected vehicles. This partnership resulted in the development of an AI-powered platform, built on AWS, that harnesses real-time data and actionable insights from millions of connected vehicles. The collaboration between CerebrumX's Augmented Deep Learning Platform (ADLP), Cerence's Connected Vehicle Digital Twin (CVDT) platform, and AWS offers a scalable, user-friendly, and intuitive solution for the automotive industry.

Cerence Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cerence applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Cerence and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Cerence Co-Pilot customers.

Cerence Key Enterprise and Cloud Applications

Cerence Co-Pilot

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Cerence Direct vs Indirect sales

Cerence Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Cerence Customers

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Cerence boasts a prestigious customer base consisting of leading automotive manufacturers, including BMW, XPeng, FCA Group, Ford, Daimler, Geely, Renault-Nissan, SAIC, Toyota, Volkswagen Group, and many others. These partnerships highlight the trust and confidence that industry giants place in Cerence Inc's technology. In particular, Toyota represented 19% of Cerence's revenue in 2021, underscoring the company's strong relationship with key customers.

Cerence Market Opportunities, M&A and Geo Expansions

Cerence's growth opportunity encompasses three pivotal dimensions: ongoing investment in expanding its core technology, the development of novel applications that extend the reach of its core technology into innovative realms, and the expansion of its target market beyond the automotive sector. By strategically pursuing these facets, Cerence aims to unlock substantial potential for growth and remain at the forefront of technological advancements in the industry.

Cerence Risks and Challenges

In the fiscal year 2021, Toyota accounted for 19% of Cerence's total revenue as a valued customer.

Cerence Ecosystem, Partners, Resellers and SI

In February 2022, Cerence announced a strategic partnership with Pioneer to deliver natural, conversational speech recognition capabilities in Pioneer's NP1. This innovative connected device seamlessly integrates advanced hardware and software solutions, aiming to enhance the driving experience for individuals in Japan with intuitive and personalized features. Through this collaboration, Cerence and Pioneer are committed to providing cutting-edge technology and fostering a new era of intelligent and immersive automotive interactions.

Cerence Cloud Infrastructure Insights

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• Cerence Public Cloud and Infrastructure (IaaS)
• Cerence Platform (PaaS)
• Cerence Application Delivery
• Cerence Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: