Solvency introduces itself as a data company that helps Original Equipment Manufacturers (OEMs) with their data management and AI/ML initiatives. They focus on the initial phase of data discovery, where they identify data sources across various business processes like telematics, customer data, and software-defined vehicles.
Solvency then creates a roadmap for aggregating this data into a data lake, leveraging their experience with tools like Snowflake, Databricks, and programming languages like Java and Python. They prioritize data from core systems like vehicle operations and sales for OEMs subcontractors
• Solvency focuses on data quality upfront, avoiding the industry issue of loading raw, unusable data into data lakes.
• They leverage partnerships with AWS and Snowflake to provide robust data solutions.
Overall, Solvency positions itself as a data partner for OEMs, helping them manage their data effectively and prepare it for AI/ML initiatives.