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HELLA improves cycle time, sees return on investment in under six months with Drishti. With Drishti cameras and streaming video analysis enabled on one of HELLA?s sensor product lines, the HELLA team made a series of previously concealed discoveries. First, the massive volume of cycle time data available from Drishti quickly revealed slowdowns in stations that were not originally the focus of improvement efforts. Second, by watching video footage from the identified station, the team understood that the physical station configuration was slowing down the line associates. In fact, the station setup was causing ergonomic concerns. Because the line associate was reaching with his right arm across to the left side of the station,
HELLA is now building a state-of-the-art testing laboratory in the Ostrava, Czech where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle and compliance with applicable legislation.
Faurecia buys a majority stake in HELLA for the enterprise value of $7.9 Billion. Hella had $5.5 Billion in sales in 2020. Faurecia and Hella will have combined sales of $23 Billion and will be the seventh-largest automotive supplier in the world.
Car.Software Org of Volkswagen acquires camera software business area from HELLA. Through the acquisition, the software company of the Volkswagen Group will expand its competence in the field of image processing. Car.Software Org develops assistance systems and automated driving functions for all brands of the Volkswagen Group.