AXISCADES Technologies, led by CEO & MD Arun Krishnamurthi, is making substantial progress in automotive electronics, energy, and semiconductor design through a series of strategic partnerships, acquisitions, and technological innovations.
In an interview with TimesTech, Mr. Arun discussed the company’s efforts in developing capabilities in margin-accretive segments and embracing Industry 5.0 principles. He highlighted the strategic acquisitions of add-solutions GmbH and Mistral Solutions, the partnership with EPCOGEN, and the company’s commitment to revolutionizing the semiconductor segment.
Mr. Arun stated that AXISCADES is focusing on both organic growth and strategic acquisitions to enhance its presence in Europe and America. The recent acquisition of add-solutions GmbH has strengthened the company’s expertise in automotive design, particularly in electrical distribution system engineering, software testing, and automation, crucial for advancing in ADAS and software-defined vehicles. Additionally, the acquisition of Mistral Solutions has added niche competencies in automotive electronics and ADAS, creating a synergy that addresses industry requirements comprehensively.
In terms of the strategic alliance with EPCOGEN, Mr. Arun emphasized that this had significantly enhanced their presence in the Middle East and North America, particularly in oil and gas, refineries, petrochemicals, and renewable power. He expects substantial growth in the Middle East, with opportunities in oil and gas likely to persist before transitioning towards green energy. The company is also venturing into hydrogen projects and other green energy initiatives, positioning themselves well to capitalize on current trends in the oil and gas industry.
The embrace of Industry 5.0 principles was also a focal point in the interview. Mr. Arun highlighted the company’s proactive approach in adopting these principles, integrating a human-centric approach, resilience, and sustainability into their operations. He emphasized the collaboration between humans and machines in transforming the manufacturing industry and fostering an environment that prioritizes human contributions and sustainable practices.
In the semiconductor segment, AXISCADES collaborates closely with global semiconductor companies and offers comprehensive Semiconductor Support Services, including design implementation, validation, software development, and platform development. The company aims to strengthen its presence in the chip manufacturing ecosystem in India, thus driving economic growth and innovation in the country.
Furthermore, in the realm of autonomous vehicles, AXISCADES specializes in designing cutting-edge automotive electronics solutions, including ADAS, in-vehicle infotainment, telematics, body & lighting electronics, power electronics, and battery management. The company prioritizes implementing rigorous safety standards throughout the design, development, and testing phases, ensuring extensive testing and validation of autonomous vehicle electronics components and systems to address safety concerns while advancing technology.
In conclusion, AXISCADES Technologies is at the forefront of driving growth in the automotive, energy, and semiconductor sectors through strategic partnerships, acquisitions, and technological advancements, positioning itself as a leading global engineering solutions provider.