Cerence Incorporated (CRNC)

Overall impact
C (50)

Commentary

Cerence Incorporated is an average overall performer. With a 'C' rating of 50.1 for overall impact (41st percentile compared to all companies), Cerence Incorporated ranks 28th out of 41 industry peers, behind Net Element, IZEA Worldwide, Broadvision and 24 others, and ahead of Cambium Networks , Zuora, Hipages Group Holdings and 10 others. On top material causes for Cerence Incorporated's industry (Software & Services), Cerence Incorporated performs well in Arts and Culture Access (88.5 score) and Accountable Institutions (95.8) and performs poorly in Lgbtq Equality (28.7 score), Decent, Safe Work Opportunities (30.8), Technology Innovation (20.8) and 3 other causes where it received a 'D' or 'F' score.
Impact
Cause CRNC
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Company
Employees
1,300
Sector
Consumer Discretionary
Industry
Specialty Retail
Sub-industry
Homefurnishing Retail
SASB industry
Internet Media & Services
Headquarters
Ma, United States
Share classes
CRNC
Description
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. The company has a strategic partnership with Arm Kleidi to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.
Material causes
Ethos considers the following causes material for Cerence Incorporated, based on its industry sub-industry Homefurnishing Retail. Learn more about material causes in our methodology overview.

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