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Omoove’s Mobility Revolution

At the 2018 Global Fleet Conference in Rome, Omoove held a Mobility Leaders Circle aimed at sharing ideas around mobility. The company is well-placed to host such an event as it is specialised in telematics technologies and solutions for vehicle sharing operators and car rental companies.

Octavian Chelu, principal consultant, AT&T, Frost & Sullivan, explained how important cities and megacities have become. Today, 54% of the global population lives in cities, a figure that is expected to increase to 67% by 2050. This population growth brings travel problems with it, and those are costly and can damage the economy.

Paradigm shift

That’s why Omoove is convinced the world is in need of a paradigm shift from ownership to usage. A new urban mobility landscape is emerging and it includes bike sharing, car sharing, carpooling, public transit and many other solutions.

This shift requires a new approach to cost management. TCO (Total Cost of Ownership) goes out the window, TCM (Total Cost of Mobility) is the new buzzword.

Insurance

Telematics offers enormous benefits to make insurance in shared mobility more rational and cost-effective. Reliable vehicle data pave the way for pay-as-you-drive or pay-how-you-drive insurance schemes.

Gionata Tedeschi, Chief Product Portfolio & Ecosystem, Octo, elaborated on the importance of telematics for not only insurance but also safety. In case of an accident, the vehicle can call the emergency services automatically and it can assess the crash impact using the telematics data.

These data can also assist in determining what damage was caused at what moment, potentially eliminating much contention between fleet owners, insurance companies and drivers.

Mobility community

Fabio Saiu, Mobility Head of Sales, Omoove, explained how Omoove’s Shared Mobility Platform can be used to create your own shared mobility service. It makes sense to create such a system, confirmed his colleage Edwin Maria Colella, VP Mobility Sales & Marketing, Omoove. The same way people belong to communities according to the music or sports club they like, it makes sense for people to belong to a mobility community. Omoove has the tools to do just that.

From https://www.globalfleet.com/en/smart-mobility/global/features/omooves-mobility-revolution

Authored by: Benjamin Uyttebroeck

The Shared Mobility Future

Reinventing Mobility

Transportation is essential to economic and social development as it facilitates the movement of people and goods. However, burgeoning populations and growing urbanisation paralleled by the surging demand for mobility has overburdened transport networks, particularly in urban areas. Such pressures have also intensified problems related to pollution and congestion.

New mobility business models, enabled through technology and accessed primarily through smartphones, have emerged in response to these challenges. In many cases, such models are upturning conventional notions of car ownership or lease, replacing them with a new wave of services ranging from car-sharingride-hailing and integrated mobility.

Connectivity and Shared Mobility Technologies 

The Shared Mobility space is evolving rapidly. New business models are improving fleet utilisation as well as catering to a wider customer base. For example, car-sharing platforms are expanding to include ride-hailing and bike-sharing while P2P cars-haring platforms are broadening to include ride-hailing and leasing.

Technology providers need not only to provide solutions that can be expanded to other business models but also those that can be integrated; in other words, they need to become providers of complete modular solutions.

Car-Sharing

Car-sharing has emerged as a popular, flexible and affordable solution that is flourishing in major cities on all five continents. It is a cheap, easy and environmentally sustainable alternative to the high costs of vehicle insurance and maintenance, especially in congested urban centres.

The global car-sharing market is expected to grow at a compound annual growth rate (CAGR) of 8% from around 22 million to 47 million members over 2017 to 2025, covering more than 500,000 vehicles by 2025 (source: Frost and Sullivan). 

Indeed, in a world of self-driving cars, the distinction between car‐sharing and ride‐sharing solutions will fade away. Autonomous vehicles will be hailed by a smartphone apps and pick clients up to drive them safely to any desired destination.

Omoove

Octo Telematics’subsidiary Omoove is the European Shared Mobility Technology Service Provider leader and offers its clients the only Shared Mobility Solution with a Triple Integrated Play: Vehicle Sharing, Enhanced Vehicle Management and Insurance Telematics for Mobility Operators and Car Rental Companies. Founded in 2001, Omoove currently operates more than 10 car-sharing services in 15 cities with about 200,000 connected vehicles and scooters, 900,000 registered users and over 400,000 rentals per month.

Omoove, which is powered by Octo’s cutting-edge telematics solutions, has introduced a wide range of innovative technological solutions for Shared Mobility schemes.

Sharemine by Omoove

Omoove’s online Sharemine platform allows companies and individuals to create and monitor car-sharing and ride-sharing communities in minutes.

The Community Manager dashboard is able to monitor the number of users and vehicles currently active, as well as drivers, reservations and journeys in progress. Thanks to the dashboard it is possible to easily check the revenues obtained from each rental, based on the rates set by the Community Manager.

EVM – Enhanced Vehicle Management

The Omoove solution for fleet management is called EVM: a fully customizable and configurable web platform that helps the operator apply technically advanced analytics to behavioural, contextual and other telematics data in real-time to make smarter decisions managing the fleet.

Omoove’s EVM allows the operator to monitor the onboard diagnostics and plan ordinary and extraordinary maintenance. Depending on operator needs, EVM allows you to take advantage of the insurance telematics solutions based on Octo technology, to encourage safer driving and to track and monitor vehicles and to improve the driving behaviour.

For further information:

The Carsharing Telematics Market

What are the latest developments on the #carsharing market? Berg Insight estimates that carsharing membership will grow at a CAGR of 21 percent from 23.8 million at the end of 2017 to 60.8 million by 2022. This report explains all segments including station-based and free floating public carsharing as well as corporate carsharing. 

Omoove is one of the leading vendors of hardware and software platforms in this market according to Berg Insight!

For more info please contact marketing@omoove.com

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