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Stock impact report

CerebrumX Announces Ford As A Partner To Enable Usage-Based Insurance [Forbes]

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Forbes
Cerebrum's Augmented Deep Learning Platform (ADLP) downloads data from OEM’s cloud and other... [+]sources. Customers in multiple verticals access data and insights to address various applications.CerebrumXCerebrumX announced a data-sharing partnership with FordUBI has gained significant popularity within the past three years (the recent COVID epidemic dramatically reduced car usage) and enables insurance pricing based on actual miles driven. CerebrumX enhances this further through its SaaS (Software as a Service) product which obtains ~250 different data feeds from the vehicle CAN (Controller Area Network), infotainment and telematic systems. CerebrumX’s ADLP (Augmented Deep Learning Platform) processes and integrates these data streams and supplements them with AI-based scores and insights for real-time customer access through 4G/5G connectivity. Apart from usage, insurance companies can also use this data to assess driver patterns, accident reconstruction, emergency dispatch and ro Show less Read more
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