CERENCE INC (CRNC)

Company Profile

Cerence, Inc. engages in building artificial intelligence-powered virtual assistants for the mobility and transportation market. The company is headquartered in Burlington, Massachusetts and currently employs 1,700 full-time employees. The company went IPO on 2019-09-16. The firm is engaged in selling software licenses and cloud-connected services. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining edge software components with cloud-connected components. Its Edge software components are installed on a vehicle’s head unit and can operate without access to external networks and information. Its Cloud-connected components are comprised of certain speech and natural language understanding related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. The company delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.

Company Info

CERENCE INC

25 Mall Road, Suite 416

Burlington MASSACHUSETTS 01803

P: 16175800843

CEO: Sanjay Dhawan

Employees: 1700

Website: https://www.cerence.com/