Over the years, Octo has become a unique partner for companies operating in Automotive and related industries, providing customized solutions to empower and diversify their business.
This sector has been completely revolutionized by Octo.
The aim has always been to add value to insurance industry and therefore to the offer for end-users. The analytics capability, in terms of collecting and processing a huge amount of data, in a prompt and more accurate way, has led to a more dynamic and customized management of risk profile, focused on how people drive their cars.
Renting and Leasing
As is the case for the insurance and Automotive OEMs industries, Octo has developed proper tools to simplify and optimize both fleet telematics and vehicle sharing and renting due to the adoption of smart devices and comprehensive ready-to-use rental processes. In addition, predictive models based on AI algorithms allow a scalable use of technology for personal business applications.
Octo’s technological solution is multi-tasking: from on-board diagnostics for predictive analysis, to multiple fleet and multiple users’ management. Also, prediction models are useful for renting and leasing pricing decisions.
Octo’s advanced technology expresses its potential through dedicated solutions developed for Automotive OEMs that leverage data to improve their business as well as to expand and enforce their network of operations.
The Octo IoT Platform represents the link between Automotive OEMs and other industry verticals and company services. An intuitive interface completes the comprehensive offer, which passes through sophisticated devices, cloud-based vehicle diagnostics technology, and other ad hoc tools powered by Octo.
Data brokers aggregate data from different sources that need to be integrated, cleaned, and released through license, API, or subscription contract. This is what Octo does when it comes to selling aggregate data through services.
This data, at the atomic rather than row level, are processed and normalized. It comes from a variety of sources and needs to be assimilated: this means to define what a journey is, and how to deal with this type of unit. In this way, the customer can see all the opportunities in the data.
Octo knows the importance of relationships. That’s why it has established strategic partnerships in the market among the stakeholders, from products sold by a third-party to lead generation activities, in order to enhance its portfolio of products and services.Discover more