Movimento Automotive is a Swedish developer and manufacturer of world-leading electronic solutions for the automotive industry.
The young company has rapidly grown their capabilities to a level equivalent to that of their largest competition. They have set their goals to take an active role supporting standardized protocols for the automotive industry.
â€œWe offer strategic contract engineering and engineering consulting in such areas as advanced vehicle communications, infotainment, telematics, vehicle diagnostics, network communications and software strategies. We also support several customers in the heavy diesel industry, on- and off-highway and marine, with vehicle diagnostics tools and advanced networking supportâ€, says CEO for Movimento Inc., Benjamin Hoffman.
The company began by supporting CAN and K-Line, and has recently added tools for diagnostics and software download on LIN, MOST and FlexRay. Today, Movimento develops products which support a wide spectrum of technologies for vehicle networks and protocols, including MOST, FlexRay, CAN, LIN, SAE J1939, SAE J1850, SAE 2534 (-2), SAE J1708/1587, SAE J2534, RP 1210,.
Movimento, with a turnover of USD 2.5 million, raised during 2006 USD 3.8 million in order to step up product development and double its revenues. With this funding, Movimento will expand efforts in the areas of testing systems for vehicle production, validation of components and complex systems, and various pieces of vehicle-adapted equipment.
The additional capital has already, and will continue to, further develop their business. As a direct result of the funding, Movimento has already recruited approx. 25 employees, and will continue to recruit at least 10 more to the Gothenburg office. â€œWeâ€™re currently making every effort to recruit the best personnel available in the field of vehicle electronics, such as FlexRay and AUTOSARâ€, says Manager of Communications, Daniel NilebÃ¤ck. It is planned that Movimento will have approx. 60 employees and double its turnover within 18 months.
Movimentoâ€™s CEO, Joachim Fritzson comments: â€œWe see good opportunities for developing our advanced automotive electronics solutions, not only from a production point of view, but also because most of todayâ€™s cars are increasingly controlled by sophisticated electronics systems. That includes everything from safety to growing opportunities for in-car information and entertainment. The capital allows us to take a great step forward and attract more customers in more marketsâ€
Movimento is headquartered in Gothenburg, Sweden. Movimento Inc., a wholly owned U.S. subsidiary of Movimento Group, was established in 2005 to expand into the global market. Movimento also has a presence in diverse places including Japan, Germany, and South Korea.
The company was founded in 2003 and initially made an impact with Swedish automotive firms. Today, the company is looking to expand its horizons across the globe. The companyâ€™s client roster includes names such as Delphi Automotive, Denso, Jaguar, Land Rover, SAAB Automobile, Scania, Toyota, Volvo Car Corporation, Volvo Construction Equipment, Volvo Penta and Volvo Trucks.
Automotive Industries spoke to Ben Hoffman, CEO of Movimento Automotive, USA and asked him where the companyâ€™s growth is likely to come from.
AI: Please tell us a little bit about which protocol Movimento sees emerging as a standard for automotive electronics?
BH: Movimento sees a combination of standardized protocols like FlexRay, MOST, LIN and CAN that will continue to be the core protocols. We will continue to work with a mix of several different protocols, providing solutions based on a price or performance evaluation, to meet customers varying needs.
AI: Will Movimento take an active role in pushing for this protocol as a standard? And why?
BH: Movimento will not actively promote one standard over another, as our position is to provide the best products and services to meet the needs from OEM to Tier1 and II customers.
AI: What are some of the challenges facing companies like yours that develop and manufacture electronics to run vehicles as well as to provide infotainment?
BH: The challenge of dealing with multiple customers in a global market, together with the increasing pressure to deliver in a accelerated time to market.
AI: Which part of the business is growing faster and why?
BH: We experienced a strong growth in the need for automated testing of diagnostic services and advanced vehicle networks in modern vehicles. Especially automated testing that allows for a connection between the worlds of network and physical errors, which will change todayâ€™s time consuming testing procedure drastically.
AI: What are some of your future objectives for vehicle networking?
BH: Our goal is to bring advanced and robust vehicle networks to OEM and Tier1. We will help failure minimization during development, implementation, and optimization of their vehicle networks. Movimento provides networks that are able to deliver content and information to meet the needs of the vehicle customers.