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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cerence Inc.    CRNC

CERENCE INC.

(CRNC)
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Business Summary
Logo Cerence Inc.
Cerence Inc. is focused on developing automotive cognitive assistance solutions. The Company provides artificial intelligence (AI)-powered assistants for connected and autonomous vehicles, including software platforms for building automotive virtual assistants. Its platform uses speech recognition, natural language understanding, speech signal enhancement and acoustic modeling technology. Automotive virtual assistants developed with the Company’s platform enables a range of modes of human-vehicle interaction, including speech, touch, handwriting, gaze tracking and gesture recognition, and supports the integration of third-party virtual assistants into the in-vehicle experience. Its software platform’s edge software components are installed on a vehicle’s head unit and can operate without access to external networks and information. It also offers professional services, such as personalization of grammar and natural language understanding development.

Number of employees : 1 500 people.
Sales per Business
20192020Delta
USD (in Million)%USD (in Million)%
License172.3856.8%164.2749.8% -4.71%
Connected Services78.6925.9%96.1529.2% +22.19%
Professional Services52.2517.2%69.2321% +32.51%
Sales per region
20192020Delta
USD (in Million)%USD (in Million)%
United States131.8843.5%128.3838.9% -2.65%
Germany78.2625.8%100.6730.5% +28.64%
Japan44.4714.7%50.9415.5% +14.53%
Other Europe, Middle East and Africa20.486.8%25.397.7% +24.01%
Other Asia-Pacific27.199%24.257.4% -10.82%
Other Americas1.040.3%0.0160% -98.47%
Managers and Directors
NameAgeSinceTitle
Sanjay Dhawan562019Chief Executive Officer & Director
Arun Sarin662019Chairman
Mark J. Gallenberger562019Chief Financial Officer & Executive Vice President
Prateek Kathpal-2019Chief Technology Officer
Bridget Collins-2019Chief Information Officer
Udo Haiber, Dr.--Senior Vice President-R&D
Thomas L. Beaudoin672019Director
Marianne Budnik522019Independent Director
Sanjay K. Jha, Dr.582019Independent Director
Kristi Ann Matus522019Independent Director
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 37,684,568 37,453,180 99.4% 0 0.0% 99.4%
Shareholders
NameEquities%
The Vanguard Group, Inc. 3,083,168 8.18%
ClearBridge Investments LLC 2,578,322 6.84%
First Trust Advisors LP 1,804,032 4.79%
Isomer Partners LP 1,270,000 3.37%
Fidelity Management & Research Co. LLC 1,196,972 3.18%
Silvercrest Asset Management Group LLC 1,092,944 2.90%
BlackRock Fund Advisors 1,044,230 2.77%
PRIMECAP Management Co. 864,088 2.29%
Fred Alger Management LLC 820,856 2.18%
GW&K Investment Management LLC 812,554 2.16%
Company contact information
Cerence, Inc.
15 Wayside Road
Burlington, MA 01803

Phone : +1.857.362.7300
Web : http://www.cerence.com