Ford invests in Pivotal project
Ford has invested $182.2 million in Pivotal, a cloud-based software platform company headquartered in San Francisco.
The investment in Pivotal aims to help drive Ford’s transition to an auto and a mobility company by enhancing Ford’s software development capabilities and deliver innovations to customers more quickly.
‘Expanding our business to be both an auto and mobility company requires leading-edge software expertise to deliver outstanding customer experiences,’ said Mark Fields, Ford president and CEO. ‘Our investment in Pivotal will help strengthen our ability to deliver these customer experiences at the speed of Silicon Valley, including continually expanding FordPass – our digital, physical and personal mobility experience platform.’
Ford recently teamed up with Pivotal to deliver FordPass, an innovative consumer experience platform that launched last month. FordPass will offer new customer services, like remote access to vehicles through a smartphone app, and mobility solutions, such as parking and car sharing. Innovating and iterating quickly, Pivotal and Ford IT engineers are working side-by-side to create new consumer experiences for FordPass members.
‘We are at a major inflection point in global business, and Pivotal is at the fulcrum of that change,’ said Rob Mee, Pivotal CEO. ‘We are collaborating with iconic companies like Ford to help transform their businesses with our unique software development methodology and modern cloud platform and analytics tools. We are thrilled to create a deeper partnership with Ford through this investment as we drive its evolution to becoming both an auto and mobility company – reinventing yet again how the world moves.’
Ford plans to be a leader in connectivity, mobility, autonomous vehicles, the customer experience, and data and analytics.