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Blackberry (BB) investor relations material
Blackberry Barclays 16th Annual Global Automotive and Mobility Tech Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business transformation and market position
Transitioned to a software-focused model, now dominant in foundational automotive software, especially with QNX powering over 255 million vehicles globally.
Strong moat in safety-critical, high-performance, and highly certified products, with a growing backlog of $865 million in estimated future royalties, expanding at over 20% CAGR.
Achieved the rule of 40 last quarter, indicating strong profitability and growth.
Product innovation and technology trends
QNX serves as foundational software between hardware and applications, focusing on reliability and real-time performance for edge compute across automotive, energy, medical, and industrial sectors.
QNX 8, released recently, emphasizes scalability, performance, and real-time determinism, supporting linear scaling with processor cores and featuring a secure microkernel architecture.
Industry shift from distributed to consolidated vehicle architectures (e.g., digital cockpit, ADAS, central compute) increases complexity and the value of QNX’s certified, secure OS.
Industry trends and addressable market
Automotive software is consolidating multiple ECUs into fewer, high-performance systems, increasing the need for foundational software like QNX.
By 2030, the addressable market for QNX is expected to triple as centralized architectures become standard, independent of overall vehicle production trends.
OEMs are increasingly taking ownership of software development, shifting integration responsibilities from tier ones to themselves, but QNX remains foundational across both models.
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