Omoove

Octo Telematics subsidiary Omoove, a leading European Shared Mobility technology provider, has presented Sharemine, a Shared Mobility platform that allows operators to develop custom-tailored car-sharing and ride-sharing communities for private citizens and fleet owners.  

 

Sharemine

Sharemine is a web-based platform, which provides individuals and companies – especially small and medium-sized fleet vehicle fleet companies - with the ability to create and monitor car-sharing and ridesharing communities.

Sharemine web dashboard is fully configurable. The platform allows tracking of all parameters related to active users and vehicles, including drivers, riders, bookings and travel in progress. Naturally, the web platform also tracks rental or ride revenue, as defined by the community manager. Moreover, the inclusion of Octo telematics insurance packages encourages safer driving and ensure that drivers benefit from good driving behaviour.

Sharemine is an affordable alternative for SMEs that may not be able to afford proprietary technology platform to manage their fleets. Sharemine is currently being populated and will be opened to the public in August.

Edwin Colella, Omoove Chief Sales and Marketing Officer pointed out: “The roads are becoming increasingly full of private vehicles which are not necessarily justifying their value. For each car which is shared, we can see 10 to 15 traditionally-owned vehicles removed from the roads, potentially taking 5.3 million cars from the global fleet. The benefits of this to consumers are obvious, allowing them to achieve reduced costs and see improved convenience on the roads. Through Sharemine, we’re pleased to be playing a key role in this rapidly developing industry, which is taking on the form of a social movement.”

Jonathan Hewett, Chief Marketing Officer, Octo Telematics emphasised: “Octo is committed to safer driving, as well as improving each road user’s driving experience. With the cost of insurance, especially in the UK, set to continue rising, it’s important that motorists be provided with options to keep driving. By supporting car-sharing initiatives and technology such as this, as well as providing drivers with telematics solutions to combat insurance increases, we are able to support cleaner, safer roads and make sure that motorists are still able to get to their destinations at a reasonable cost.”

 

Shared Mobility

Shared Mobility helps consumers face the rising costs of insurance prices, decreasing road congestion and taking advantage of reserved parking places. In fact, the car-sharing and ride-sharing segments are rapidly expanding and expected to grow at CAGRs of 19.5% and 24.5%[1] respectively, reaching US$9.2 billion by 2025. In Europe alone, more than 3.9 million people are currently sharing vehicles or participating in carpools, contributing to a fleet of 59,452 vehicles in 26 countries[2].

 

 

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[1] Source: Frost & Sullivan – Global Mobility Market – Strategic Profiles of Key Participants, 2016

[2] Source: Frost & Sullivan – Global Mobility Market – Strategic Profiles of Key Participants, 2016