Senior Data Scientist
CerenceSalary not specified
- Full Time
- Senior (5 to 8 years)
About Cerence
Cerence develops AI-powered solutions specifically for the automotive industry, focusing on improving the in-car experience for drivers and passengers. Their products include voice recognition systems and AI-driven assistants that enhance entertainment, connectivity, and safety while driving. Cerence collaborates with major automotive manufacturers to integrate these technologies into vehicles, such as the Mercedes Benz User Experience. Unlike many competitors, Cerence emphasizes a comprehensive approach that includes ongoing support and upgrades, ensuring their technology adapts to trends like smart cities and electric vehicles. The company's goal is to transform transportation and shape the future of mobility through innovative and user-friendly solutions.
Burlington, MassachusettsHeadquarters
2019Year Founded
$190MTotal Funding
IPOCompany Stage
Automotive & Transportation, AI & Machine LearningIndustries
1,001-5,000Employees
Risks
Increased competition from SoundHound threatens Cerence's market share.
Voice AI payments trend pressures Cerence to expand beyond automotive.
CEO Brian Krzanich's appointment may lead to disruptive strategic shifts.
Differentiation
Cerence specializes in AI-powered solutions for the automotive industry.
The company collaborates with industry leaders like Nuance and Daimler.
Cerence's solutions include voice recognition and AI-driven assistants.
Upsides
Cerence's partnership with Mapbox enhances voice-powered navigation for cars.
The introduction of CaLLM Edge positions Cerence as a leader in automotive AI.
Growing two-wheeler market offers expansion opportunities for Cerence Ride.
Funding
Total raised$190.00 M
StageIPO
POST IPO CONVERTIBLE
5/31/2023$190