STRADVISION Drives Global Business Expansion with Public Cloud ERP

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SEOUL, South Korea, November 27, 2023 /PRNewswire/ — TRADITIONThe automotive industry, a pioneer in deep learning-based visualization technology, announced its strategic move to fuel global business expansion by adopting a public cloud Enterprise Resource Planning (ERP) system.

As a software startup, STRADVISION is proud to be the first to use the SAP HANA Cloud system using SAP S/4HANA Cloud and Public Edition as a subscription-based Software as a Service (SaaS). This approach increases efficiency and flexibility by reducing initial input and maintenance costs, addressing the limitations of traditional ERP systems, and automating manual tasks to significantly reduce settlement processing time.

Starting in 2019, STRADVISION has launched a continuous production program, systematically increasing annual production in direct response to customer demand. This strategic approach has led to the continuous expansion of the established business. This growth will be led by the introduction of eight new model lines by the German OEM in 2023. Successful Digital Transformation (DX).

This change enables STRADVISION to comply with international standards, improve transparency and strengthen internal stability, successfully expanding its global business.

“We want to set a global standard for the automotive industry in IT systems and back office processes,” he said. Junhwan KimCEO of STRADVISION. “We expect this project to grow our global roots and effectively position us for any global changes that arise.”

STRADVISION is undertaking an ambitious migration and implementation program, recognizing the agility and flexibility offered by the public cloud project. The company wants to live with the new system March 2024.

About STRADVISION

Founded in 2014, STRADVISION is a pioneer of artificial intelligence-based visual perception technology for the ADAS automotive industry. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market price compared to competitors. STRADVISION’s SVNet is being deployed in collaboration with OEMs across a wide range of vehicle models. ADAS and autonomous vehicles can operate around the world; And more than 300 employees provide services SeoulSan Jose, Detroit, Tokyo, ShanghaiAnd Dusseldorf. STRADVISION has been awarded the 2022 Global Technology Innovation Leadership Award by Frost & Sullivan, the 2022 and 2021 AutoSense Awards for Best-in-Class Software for Intelligent Systems, and the 2020 Autonomous Vehicle Technology ACES Award for Autonomous (Software Category). In addition, STRADVISION and its software have been certified to ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety, achieving TSAX’s AL3 information security management standard.

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