CDK Global Introduces Big Data Platform to Transform Automotive Industry Data Into Valuable Insights for Dealers, OEMs & Soft...
January 27 2021 - 8:00AM
Business Wire
Neuron Reflects the Latest Fortellis
Innovation Built to Fuel Automotive Commerce
CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive
technology company, today introduced Neuron, an open, intelligent
data platform connected to the Fortellis Automotive Commerce
Exchange™. Neuron is designed to turn high volumes of industry
information into easy-to-understand, actionable insights for
dealers, original equipment manufacturers (OEMs) and third-party
software developers.
The new platform uses an analytics engine powered by artificial
intelligence and machine learning to create real-time and
predictive insights. It will empower dealers and OEMs to sell and
service more vehicles by helping them create more personalized and
differentiated customer experiences.
“Between dealerships, OEMs and vehicles themselves, the
automotive industry has more data than ever before. Until now,
there hasn’t been a platform to connect it all in a meaningful way
to improve the experience consumers have with their vehicles,” said
Mahesh Shah, chief product and technology officer, CDK Global.
“Neuron is built to analyze billions of data transactions that flow
through our products annually alongside other industry data. It
will then turn that data into simple, human insights and deliver
them directly to the right decision makers at the right time.”
Neuron will harness the power of data and integrations through
Fortellis to accelerate the creation of new products in the
industry. It will also continuously enhance the user experience and
value of existing CDK Global products, such as the CDK Drive dealer
management system (DMS), CDK Service, and Elead CRM.
“The introduction of Neuron is another important milestone in
our efforts to help dealers and OEMs support customer demands in an
increasingly connected automotive landscape,” said Shah. “We look
forward to making even more exciting announcements later this year
as we continue to create new ways to further connect software
developers, dealers, and OEMs into a next-generation automotive
ecosystem.”
About Fortellis Automotive Commerce Exchange™ Platform
Fortellis is a technology platform that enables the automotive
industry to leverage, build, innovate and integrate solutions and
workflows to transform business. The Fortellis platform—with its
Developer Network and Marketplace—connects software developers,
OEMs and dealers so they can create new and unique experiences
efficiently and seamlessly. Visit fortellis.io to learn more.
About CDK Global, Inc.
CDK Global (NASDAQ:CDK) is a leading provider of integrated data
and technology solutions to the automotive, heavy truck, recreation
and heavy equipment industries. Focused on enabling end-to-end,
omnichannel retail commerce through open, agnostic technology, CDK
Global provides solutions to dealers and original equipment
manufacturers, serving nearly 17,000 retail locations in North
America. CDK solutions connect people with technology by automating
and integrating all parts of the dealership and buying process,
including the acquisition, sale, financing, insuring, parts supply,
repair and maintenance of vehicles. Visit cdkglobal.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210127005275/en/
Media Contacts: Tony Macrito 847.485.4420
Tony.Macrito@cdk.com
Roxanne Pipitone 847.485.4423 Roxanne.Pipitone@cdk.com
Investor Relations Contact: Julie Schlueter 847.485.4643
Julie.Schlueter@cdk.com
CDK Global (NASDAQ:CDK)
Historical Stock Chart
From Jun 2024 to Jul 2024
CDK Global (NASDAQ:CDK)
Historical Stock Chart
From Jul 2023 to Jul 2024