SANTA CLARA, Calif., – September 5, 2019 – Telenav®, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, announced today that it is working with Microsoft to integrate Telenav’s intelligent connected-car solutions suite with the Microsoft Connected Vehicle Platform, running on Microsoft Azure. Telenav is building connected cloud and in-vehicle services for automotive infotainment, in-car commerce and navigation.
The Microsoft Connected Vehicle Platform combines cloud and edge services with a strong partner network to empower automotive companies to accelerate their development of connected vehicle solutions. It allows Telenav to leverage vehicle data to deliver unique in-car and cloud-based services that enhance customers’ driving and mobility experiences.
“We are pleased to work with Microsoft in joining our respective leadership positions in infotainment, navigation and cloud computing to enable OEMs to offer a comprehensive suite of secure, connected-car services to end users,” remarked Hassan Wahla, Telenav co-president, automotive business unit. “The ability of the Microsoft Connected Vehicle Platform to ingest and process a high volume of user and car sensor data will enable us to focus on delivering unique infotainment services, road and driver intelligence, in-car commerce, and navigation. The result is a unique solution with a small in-vehicle footprint that will make it easy for OEMs to integrate Telenav services into all their vehicle models.”
Since several automotive OEMs have already selected the Microsoft Connected Vehicle Platform, Telenav’s integration with it will make it easier for those OEMs to adopt the combined solution. Telenav will also work with Microsoft to jointly market the integrated solution to other automotive brands.
“We are delighted to partner with Telenav. As the cloud continues to transform entire industries, Telenav and its customers can benefit from the global scale, enterprise-grade security, and high availability of Microsoft Azure,” said Tara Prakriya, Partner Group Program Manager of Microsoft Connected Vehicle Platform and Mobility at Microsoft. “We look forward to working with Telenav to take our integrated solution to automotive OEM partners worldwide.”
Telenav’s suite of connected-car solutions, which is successfully used in markets around the world, provides automotive OEMs with the flexibility to leverage Telenav’s services regardless of the cloud platform they are using. Telenav’s services are multi-cloud capable with production system(s) hosted on major public cloud infrastructures.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including risks and uncertainties included under the caption “Risk Factors” in Telenav’s Quarterly Report on Form 10-K for the fiscal year and quarter ended June 30, 2019, and other filings with the U.S. Securities and Exchange Commission (“SEC”) including any subsequent Annual Report on Form 10-K or Quarterly Report on Form 10-Q, which are available at the SEC’s website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent management’s beliefs and assumptions only as of the date made. You should review Telenav’s SEC filings carefully and with the understanding that actual future results may be materially different from what Telenav expects. Telenav disclaims any intent or obligations to update these forward-looking statements.
