WATERLOO, ON, June 23, 2021 /PRNewswire/ -- BlackBerry
Limited (NYSE: BB; TSX: BB) today announced that Frost &
Sullivan has named BlackBerry IVY™ an industry leading
edge-to-cloud software platform for automakers and smart
cities. In the published report, Frost & Sullivan
conclude that BlackBerry is revolutionizing the
connected-autonomous ecosystem with BlackBerry
IVY.
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The report reviews the key challenges faced by the automotive
industry today as vehicles become increasingly complex and
connected. Frost & Sullivan state that BlackBerry IVY
uniquely meets the needs of the automotive industry as it
standardizes data access across all vehicles, regardless of brand,
operating system, and cloud deployment model. BlackBerry IVY
enables automakers to control ownership of vehicle data, applies
intelligence to data capture, and ensures data is secure.
BlackBerry IVY will also greatly advance the consumer experience
automakers deliver, by enabling collaboration with the developer
community, opening new revenue streams for the
industry.
The report goes on to determine that a common vehicle platform
must extend to smart cities, which creates an IoT market forecasted
to reach over $45 billion by
2025. BlackBerry IVY unifies industries and paves the way for
advanced smart cities, where communication between vehicles,
infrastructure and third parties is seamless. Stakeholders
across the connected-autonomous ecosystem will benefit from a
single platform for vehicles and smart cities, including
automakers, the developer community, governments, enterprises, and
consumers.
"Connected-autonomous vehicles are the enabler for smart cities,
which means the keys to the car are becoming the keys to the
Internet of Things," said John Chen,
Executive Chairman & CEO, BlackBerry. "We are delighted
that BlackBerry IVY has been named an industry leading platform for
automakers and smart cities. BlackBerry IVY transforms the
dream of a unified connected-autonomous IoT into a reality and
strengthens our existing market leadership position."
"BlackBerry IVY is a revolutionary, intelligent, edge-to-cloud
software platform, which unites automotive industry participants to
accelerate the development of connected-autonomous vehicles while
simultaneously enabling smart cities around the world," said
Nicolas Inchaustegui, Senior
Consultant, Automotive, Transportation & Mobility, Frost &
Sullivan. "Today, BlackBerry has a significant footprint
across the automotive industry and is central to smart cities.
With IVY, BlackBerry becomes even more fundamental to these
markets."
To download the Frost & Sullivan report click here.
For more information on BlackBerry IVY click here.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB)
provides intelligent security software and services to enterprises
and governments around the world. The company secures more
than 500M endpoints including over
195M vehicles. Based in
Waterloo, Ontario, the company
leverages AI and machine learning to deliver innovative solutions
in the areas of cybersecurity, safety and data privacy solutions,
and is a leader in the areas of endpoint security management,
encryption, and embedded systems. BlackBerry's vision is
clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow
@BlackBerry.
Trademarks, including but not limited to BLACKBERRY and
EMBLEM Design are the trademarks or registered trademarks of
BlackBerry Limited, and the exclusive rights to such trademarks are
expressly reserved. All other trademarks are the property of
their respective owners. BlackBerry is not responsible for any
third-party products or services.
About Frost & Sullivan
For over six decades, Frost
& Sullivan has become world-renowned for its role in helping
investors, corporate leaders and governments navigate economic
changes and identify disruptive technologies, Mega Trends, new
business models and companies to action, resulting in a continuous
flow of growth opportunities to drive future success. Contact us:
Start the discussion.
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com
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SOURCE BlackBerry Limited