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(relaxing, lighthearted music)
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Hi, Kevin. Welcome.
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Great to have you with us today.
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Thanks for having me, Aakash.
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I really look forward to this.
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For our audience that may not know about Aptiv,
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what role does Aptiv play
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in the dynamic automotive technology industry?
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Aptiv's a technology that principally serves
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the automotive industry,
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but I don't want to lose the opportunity to say
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that we also have presence in the telecommunications,
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industrial, aerospace, and defense markets as well.
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When you think about Aptiv, what makes us unique?
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We say we have both the brain
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and the nervous system of the vehicle.
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The brain, that includes all the sensors in the vehicle,
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the compute, as well as the software stack.
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The nervous system, that's the vehicle architecture.
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So, that's what distributes power
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and data through the vehicle,
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and quite frankly, allows that brain
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to operate in an optimized way.
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What are some of the innovations
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that you see transforming these industries?
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Sure.
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Well, as you know, the automotive industry
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is going through a tremendous change.
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The most change over the last five years, 10 years
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than we've seen the previous hundred years.
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And the areas where we're seeing
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the most significant advancement,
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the most demand from our customers,
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are in and around areas like active safety.
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Those are principally software-enabled,
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advanced compute-enabled.
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And then, on electrification, how do we enable the path
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towards fully electrified battery vehicles?
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But in between, how do we make sure
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that there's solutions in and around hybrids,
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plug-in hybrids, technologies like that
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that help reduce CO2 emissions for our customers.
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Aptiv is rated as one of the most innovative companies
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in the world.
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How do you capture value through innovation at Aptiv?
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Given how dynamic the market is today,
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given all the changes in the automotive industry,
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it's really important where you're deploying capital.
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Are those areas, are those solutions
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that your customers really want and need?
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Five years ago, the demand for active safety
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and the technology that was serving the market,
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we saw that as a very big growth opportunity.
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Consumers want safe vehicles.
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Therefore, safe vehicles enable our customers
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to sell more vehicles,
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and being able to leverage our capabilities in software,
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our capabilities in compute,
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our capabilities in perception systems,
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package those together in platforms
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that effectively reduced our customers' costs
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while, at the same time, providing them with great solutions
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to make their vehicles safer, has been outstanding.
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GenAI is one of the key innovations
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that has come up in the last 12 months.
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How is Aptiv incorporating GenAI
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in its innovation portfolio?
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That's a great question.
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AI-ML is actually a tool Aptiv's been using
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for quite some time,
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but from a product-development standpoint,
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in areas like our perception systems
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for active safety systems, driving policy solutions
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for active safety systems.
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So, it's something that we're certainly well aware of
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and have been utilizing.
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More recently, what have we been focusing on
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from a GenAI standpoint
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is, in addition to perception systems,
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how do we utilize those tools
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to do things like simplify the testing
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and validation process,
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better understand customer requirements
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and be able to respond to that,
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using the technology and tool for things
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like contract management, supply chain management.
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Those sorts of things are operational,
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as well as the technology solutions,
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the innovations that we deliver
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that ultimately go into a vehicle.
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Well, thank you so much for coming in to talk to us today.
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These are some really valuable insights.
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No, Aakash, thanks for having me.
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Really appreciate it.
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Thank you.
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(relaxing, lighthearted music)