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Showing posts from July, 2018

MOVECO : THE MOBILITY ECOSYSTEM THAT TURNS YOUR MILES INTO REWARDS.

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Moveco Data Hub and Insights Platform will package car generated data parameters into various data packages. Corporate customers can subscribe to the data packages to receive anonymized car generated data based on the criteria they are interested in. They can also obtain reports, analytics, and other tailored insights for their specific requirements.All data will be anonymized and no VIN numbers and vehicle or personal identification information will be provided to our corporate partners. THE IMPORTANCE OF CAR GENERATED DATA The modern car is equipped with more than 100 sensors, collecting data from driving behavior to vehicle status. Apart from phones and computers, artificial intelligence and big data will make vehicles some of the most important windows into the habits of consumers. A report by McKinsey & Co. in 2016 estimates car generated data could become a $450 to $750 billion dollar business by 2030. As detailed in the McKinsey report "Monetizing car data",...

MOVECO : ECOSYSTEM THAT TURNS YOUR MILES INTO REWARDS.

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Moveco's current products Drivebox & Drivebox Lite (device designed for Moveco App) have the ability to read sensor data, track routes, and interpret driving behavior. Drivebox is used in car sharing technology for operational purposes, as well as to obtain warnings of dangerous drivers. MAIN LEVELS OF MOVECO REWARD LEVEL 1 : General Mobility Data User – Download the Moveco app and let it run in the background. Moveco will collect your general mobility data and anonymously send it to Moveco’s network. LEVEL 2 : Driving Behaviour Data User - Install Drivebox Lite (or other telematics devices by Moveco and their technology partners) to track driving behavior as well as gather car status and location data. This technology gives you real-time diagnostic codes of your car and can be used with partnered insurance companies to lower your premiums, giving you instant benefits. LEVEL 3 : Autonomous Driving Data User – Install more technologically advanced hardware fr...

MOVECO : THE MOBILITY ECOSYSTEM THAT TURNS YOUR MILES INTO REWARDS.

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Mobility is defined as the ability to travel from point A to point B, regardless of mode or purpose. The entire way we travel is changing, creating a new, exciting ecosystem of personal mobility. This affects more than just the automotive industry. Frictionless, automated, and personalized travel on demand is the dream of the future of mobility. Be it car OEMs or new mobility companies, everyone is racing towards the future where the vehicle of tomorrow is believed to be shared, autonomous, and electric. Car manufacturers are now rebranding themselves as mobility companies and new business models such as ride-hailing (eg. Lyft, Uber, Didi Chuxing, and Grab), car-sharing (Zipcar, Maven, car2go, and Moveco's partner Cove), bike sharing (Ofo, Mobike and obike) are already changing traditional mobility patterns around the world. Traditional ownership of cars is changing and decreasing in cities as millennials look to access over ownership. The high cost of buying and maintainin...