Zoomcar presents an AI-driven driver scoring technology stack for passenger vehicles
BANGALORE Zoom launched the first technology stack of independent driver score of the Indian vehicle model for the passenger car segment. AI-fed algorithm with machine learning capabilities tracks the mechanical specifications of the car being driven, the customer's driving style and identifies critical driving events and rates it on a scale of 0-100.
The scoring system has capabilities to give real time feedback to drivers in the advent of rash driving to help them adjust their behaviour accordingly. Within the first month of its launch, the driver score has successfully reduced accident rate by 20% and maintenance and servicing cost by 25% for Zoom , the company said in a release.
Driver Score no es un producto nuevo en la industria del automóvil. Sin embargo, las soluciones existentes disponibles en India no están diseñadas para las condiciones indias ni para los segmentos de automóviles de pasajeros. Están diseñados principalmente para vehículos comerciales y de acuerdo with los mercados occidentales y los datos demográficos en los que las compañías de seguros, los departamentos de policía y otras autoridades reguladoras utilizan las puntuaciones de los conductores desde hace algún tiempo. Por lo tanto, las soluciones existentes operan a un promedio de 50 a 60% de eficiencia aquí en India, ya que la pila de tecnología es incompatible o ignora muchas variables que definen las condiciones de la India.
However, due to its business nature, the scale of operation throughout India and its higher IOMT ( Internet of Moving Things) capabilities, Zoom has been data rich when it comes to data regarding Indian road conditions and driver behaviour. Over 700 million kilometres travelled by 14,000+ Zoom s across the length and breadth of the country and about 5 million customers’ driving behaviour over the last 6 years and counting is what fuels Zoom ’s driver score tech stack and is the reason behind its astounding 95% efficiency rate.
Greg Moran, co-founder and CEO, Zoom said, "Our aim while developing this state of the art tech stack was to reduce accidents and improve asset longevity. Accidents were a major concern for us and we wanted a tech solution to help us mitigate it. Another important factor which drove innovation here was our objective to reduce the maintenance and insurance cost significantly on our assets. We can now partner with new age insurance companies and have a dynamic, user based pricing approach which would help us reduce insurance cost by as much as 50%."