Investments in Product Development and Research for the Automotive Industry
Intel recently announced the investment of $100 million to accelerate the development and adoption of new technology within the automotive industry. As the first organization headquartered in Silicon Valley to focus on the automotive industry, Intel sees a future that allows for the connection between vehicles and connected devices.
Intel Capital Connected Car Fund
The Intel Capital Connected Car Fund will invest over the next four to five years in hardware, software and service companies across the globe to adopt and develop in-vehicle applications, mobile devices and sensors. Technology has clearly become an important aspect of modern life. Consumers demand an uninterrupted flow of information. Intel’s view is that automobiles should be able to provide that flow like any other device.
The Connected Car
The ideal connected car will have the intelligence and innovation to deliver the correct information at the correct time in the correct manner to ensure drivers and passengers are informed and productive while maintaining a high level of safety. Furthermore, once the automobile becomes connected it can communicate in real-time directly with the cloud and potentially even other vehicles.
The Future of Automobiles
The General Manager of Intel’s Automotive Solutions Division believes the car is the ultimate mobile device. The company is predicting that by 2014, automobiles will be one of the top three fastest-growing types of connected devices. With Intel’s history of personal computing hardware and software development, cloud computing and security, the company is expected to bring the automotive industry to a new level.





