If you are looking for a way to take your driving experience to the next level, Augmentation Industries (AI) is the company to watch out for. This Cologne-based startup is transforming the automotive industry with its patent-pending technology that connects cars to the internet, providing mobile assisted driving solutions. In this startup showcase, we delve into the innovations that make AI stand out in the industry.
The Vision of Augmentation Industries
AI aims to revolutionize the automotive industry with its innovative solutions that integrate the Internet of Things (IoT) and machine-to-machine (M2M) communication. With their technology, they have developed an open Vehicle-2-X (V2X) interface that allows cars manufactured after 1996 to be connected to the internet. This connection can be accessed through a smartphone via WiFi. The interface enables third-party developers to build applications for the car, while B2B customers can offer automotive near services such as insurance, repair, reselling, gas, IRS, and emergency services, among others.
Innovative Products and Services
Augmentation Industries offers various innovative products and services, including:
- Fully automated drivers log: This enables the automation of driver’s logs, making it easier for fleet managers to track and manage their fleet.
- Fleet management: With AI’s technology, fleet management becomes easier and more efficient, enabling companies to track their vehicles in real-time, monitor fuel consumption, and manage driver behavior.
- Rental service: Augmentation Industries offers an innovative rental service that allows customers to rent vehicles and access various services, including contactless payments and odometer temper protection.
- Pre-repair diagnostics: AI’s technology enables cars to communicate with repair shops, enabling the latter to diagnose and fix issues before the car arrives, making repair services faster and more efficient.
- Black box: This is a device that records all driving data, enabling insurance companies to adjust premiums based on driver behavior.
- eCall: This is a feature that automatically calls emergency services in the event of an accident, providing critical information about the car’s location and condition.
- Contactless payment: With this feature, customers can pay for gas, parking, and other services through their car’s interface, making payments faster and more convenient.
Unique Technologies and Special Know-how
Augmentation Industries has five pending patents that lay the foundation of its IP. Its solution is capable of complete car diagnostics and not just the OBD-II protocol, which is what some competitors offer. Furthermore, its security concept and RESTful API provide a unique approach that is positively received in presentations of the solution and its capabilities. Augmentation Industries has a unique approach that sets it apart from other players in the industry.
Distribution Strategy
Augmentation Industries’ technology is based on a global standard, making it easily translatable for global markets. The startup’s multi-tiered sales approach focuses on direct sales to B2B customers such as fleet management and logistics providers. In the second stage, B2B2C is approached with insurance companies and automobile clubs. In the final stage, the rollout is taken to the B2C market with services such as cheap gas pumping and CO2 challenges.
Conclusion
Augmentation Industries is a promising startup that is set to revolutionize the automotive industry with its innovative solutions. With its unique technology and special know-how, the startup is well-positioned to grow in the industry. As the world becomes more connected, Augmentation Industries’ technology is set to become increasingly important in the future of the automotive industry.
Website: https://www.augmentation-industries.com/
Twitter: https://twitter.com/madbyai
Facebook: https://www.facebook.com/madbyai
LinkedIn: https://www.linkedin.com/company/2988957
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