Ford Invests in Pivotal to Accelerate Cloud-Based Software Development; New Labs Drive Ford Smart Mobility Innovation

• Ford invests $182.2 million in Pivotal, a cloud-based software company headquartered in San Francisco, to further strengthen its core software abilities and deliver innovations to customers more quickly
• The investment is part of Ford’s expansion to be both an auto and a mobility company
• Already partners, Ford and Pivotal now will expand the use of advanced software development methodologies, analytics tools and a cloud platform throughout Ford’s Product Development and IT teams, including new software labs to support Ford Smart Mobility
• Ford CIO Marcy Klevorn will join the board of directors at Pivotal

  The $182.2 million investment in Pivotal aims to help drive Ford’s transition to an auto and a mobility company. Ford is continuing to focus on and invest in its core business – designing, manufacturing, marketing, financing and servicing cars, SUVs, trucks and electrified vehicles. At the same time, the company is aggressively pursuing emerging opportunities through Ford Smart Mobility – its plan to be a leader in connectivity, mobility, autonomous vehicles, the customer experience, and data and analytics.

  “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.”

  Link to article: http://www.businesswire.com/news/home/20160505005397/en/Ford-Invests-Pivotal-Accelerate-Cloud-Based-Software-Development