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4-Traders Homepage  >  Equities  >  Nasdaq  >  National Instruments Corp    NATI

Delayed Quote. Delayed  - 09/29 10:00:00 pm
28.2 USD   -1.02%
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National Instruments : NI Releases HIL Software Geared to Autonomous Vehicle Testing

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09/27/2016 | 04:01pm CEST

NI delivers HIL systems tailored to customer test requirements with the latest release of its VeriStand software and global network of support and integration partners

NI (Nasdaq: NATI), the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, today released VeriStand 2016, the latest version of its software used by embedded software test engineers to build and run hardware-in-the-loop (HIL) verification systems. Today’s engineers face increasingly compressed, shifting schedules and constantly changing requirements driven by the emergence of the connected car and autonomous vehicles. VeriStand and NI’s HIL systems are the most open and customizable platforms available on the market to help companies meet these changing demands and future-proof their test systems.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160927005069/en/

VeriStand adds HIL test features for autonomous vehicles (Photo: Business Wire)

VeriStand adds HIL test features for autonomous vehicles (Photo: Business Wire)

Engineers take advantage of NI’s HIL systems to tackle the increasing complexity of embedded software and rising number of testing scenarios required as the newer technologies that make up next-generation vehicles like advanced driver assistance systems (ADAS), automotive radar and vehicle-to-everything (V2X) become commonplace in embedded control systems. By building on open and proven technology software and hardware platforms, NI can quickly add native support for these new technologies to ensure customers can achieve complete software test coverage.

Additionally, with NI offices in 49 countries and a worldwide network of NI Alliance Partners with vertical industry and systems integration experience, turnkey test systems that meet customers’ particular application requirements can be delivered and supported.

“Through NI’s flexible platform-based approach, we could easily customize the HIL system to integrate specific test requirements for the vehicle electronic controllers,” said Zhang Fuli of Beijing Jingwei HiRain Technologies, an NI Alliance Partner. “The NI software and hardware systems made it easy to add functionality to our tests and satisfy the practical requirements of automotive HIL testing while retaining stability and reliability, and reducing the overall development cycle."

VeriStand is the software core of NI’s HIL systems. It combines real-time simulation, data acquisition, communication protocols and control into a common platform for the most complete HIL test software on the market today. And unlike traditional HIL software that is defined by the vendor and hard to modify, VeriStand can easily be extended and customized to meet customers’ particular test requirements. With the newest release of the software customers can:

  • Achieve complete test coverage by taking advantage of the full breadth of NI I/O, including RF and camera processing
  • Use their models from over 30 different modeling tool and simulation environments such as The MathWorks, Inc. Simulink® software and IPG Carmaker to test ECUs for the latest embedded software trends such as ADAS and autonomous vehicles
  • Create professional looking UIs quickly and interact more efficiently with live tests using the completely redesigned UI manager
  • Connect with third-party hardware and software through the industry-standard ASAM XIL API
  • Work more efficiently with extremely large models using the improved model handling engine

For more information about VeriStand and NI HIL systems, visit www.ni.com/veristand and http://www.ni.com/en-us/innovations/automotive/hardware-in-the-loop.html.

About NI

Since 1976, NI (www.ni.com) has made it possible for engineers and scientists to solve the world’s greatest engineering challenges with powerful platform-based systems that accelerate productivity and drive rapid innovation. Customers from a wide variety of industries – from healthcare to automotive and from consumer electronics to particle physics – use NI’s integrated hardware and software platform to improve the world we live in.

National Instruments, NI, ni.com and NI VeriStand are trademarks of National Instruments. Other product and company names listed are trademarks or trade names of their respective companies.

Simulink® is a registered trademark of The MathWorks, Inc.

© Business Wire 2016
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Financials ($)
Sales 2016 1 238 M
EBIT 2016 143 M
Net income 2016 91,4 M
Debt 2016 10,1 M
Yield 2016 -
P/E ratio 2016 39,72
P/E ratio 2017 28,11
EV / Sales 2016 2,94x
EV / Sales 2017 2,78x
Capitalization 3 627 M
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 31,7 $
Spread / Average Target 12%
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James J. Truchard Chairman, President & Chief Executive Officer
Alexander M. Davern Executive VP, Chief Operating & Financial Officer
Arleene Porterfield Vice President-Global Information Technology
Scott Arthur Rust Senior Vice President-Research & Development
Jeffrey L. Kodosky Director
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