Celebrating a milestone: Avanci 4G Vehicle program exceeds 100 brands under license
Today, we are thrilled to announce a significant milestone for the Avanci 4G Vehicle program: over 100 vehicle brands are now covered by an Avanci 4G Vehicle license, equating to more than 175 million vehicles under license. This milestone reflects not only the benefits of our optional joint license but also the trust and collaboration we have fostered within the telecom and automotive industries. As we reach this milestone, we’re taking a moment to reflect on the journey that brought us here, highlight some key points, and envision our future.
The early days
We created Avanci in 2016 with a vision to make SEP licensing simpler and more efficient for the IoT. At the start, only six licensors were participating, and we faced a challenging landscape as we sought to gain traction. It wasn’t until the end of 2017 that we executed our first 4G Vehicle license, by which time we had added four more licensors, and it took until 2019 to add a second licensee. Despite these initial challenges, the program steadily gained momentum. By leveraging our learnings and continually improving our approach, we have grown the program to include almost 60 licensors and over 100 brands covered by an Avanci 4G Vehicle license.
Key achievements along the way
In thinking about our journey to 100 brands, a few events stand out. In 2020, Avanci was selected as one of the World Economic Forum’s “Technology Pioneers”, an award which recognizes companies which are poised to have a significant impact on business and society. In summer 2022, we reached critical mass with the vast majority of cellular SEP holders participating as licensors and the vast majority of automotive brands participating as licensees. And in summer 2023, we built upon the success of 4G Vehicle by launching our 5G Vehicle program for the next generation of connected vehicles.
Looking at the 100 brands, the diversity among our licensees stands out: volume brands, luxury brands, construction, agriculture, mining, and industrial brands, truck and bus brands who are selling connected vehicles all over the world. We provide a simple and efficient way for this large group of automakers to license the patented cellular technology essential for their connected vehicles.
Moreover, our ability to adapt and evolve has been crucial. Our 4G Vehicle program provided a foundation for and informed the development of the Avanci 5G Vehicle program launched last year. By listening to feedback from existing licensors and licensees, we created a new program that has attracted almost 70 licensors and over 30 automotive brands already – it took four years to reach a similar level of participation in our 4G Vehicle program.
Looking to the future
The automotive industry is rapidly evolving, with increasing demand for advanced connectivity features and autonomous driving technologies. Our program is well-positioned to continue growing and adapting to meet these emerging needs.
One of our key goals for the future is to continue growing participation by both automakers and SEP holders. We are committed to fostering innovation and collaboration between the telecom and automotive sectors, ensuring that automakers can easily access the essential patents they need to deliver cutting-edge technologies developed by innovators around the world to their customers.
Our commitment to providing value to both licensees and licensors remains unwavering. We will continue to engage with the industry, gather feedback, and make improvements to our platform to ensure that it meets the evolving needs of all participants. We remain excited about the possibilities and opportunities that lie ahead.
Conclusion
As we celebrate this milestone, we remain focused on our mission to simplify SEP licensing and support innovation. We owe our success to the many participants in our 4G Vehicle program and look forward to continuing this journey together. With a commitment to simplifying licensing and a vision for the future, we are poised for even greater success in the years to come. Cheers to this incredible journey!