Your SlideShare is downloading. ×
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Then Transit Exchange Opportunity
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Then Transit Exchange Opportunity

248

Published on

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
248
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. .The taxi industry: A New Beginning
  • 2. search application for transit
  • 3. Did you know that shared is the "normal" mode of taxi usage in most countries Kampala, Uganda
  • 4. Minibus in
  • 5. Crowded Jeepney in Downtown Traffic, Manila, Philippines
  • 6. Nairobi, Kenya
  • 7. Did you know that the taxi industry isthe only transport sector in which customers still regularly post-pay for their rides?
  • 8. Post-Pay - that means, you ridefirst and then pay. Exposing the vehicle operators to credit risk.
  • 9. Can you imagine an airline in which that was normal practice?
  • 10. $800 please
  • 11. And speaking of airlines, did you know that it costs more to travel per mile in a Hackney cab inLondon, than it did flying to New York on Concorde?
  • 12. And back
  • 13. That it costs more to take a cab-ride 10 miles to a London airport ......
  • 14. ...........than it does to fly to Munich?
  • 15. yes.Munich!
  • 16. Why is that?
  • 17. Could things be anydifferent in the taxi business?
  • 18. Could things be any better ?
  • 19. So, whats the big idea?
  • 20. Getting strangers to share taxis on a largescale
  • 21. by pre-summoning their ride in a vehicle type of their choosing
  • 22. What are yousmoking?
  • 23. Yet it has been done and has been proven to work
  • 24. Could we now have a taxi system thatadapts every hour to its customers?
  • 25. Or even every minute?
  • 26. Or even every minute?
  • 27. That is flexible andresponsive to the demands of its customers?
  • 28. Offering a choice ofservice levels, prices and ride qualities
  • 29. A choice of different vehicle types
  • 30. Large capacity buses for peak times.
  • 31. Cars for off peak
  • 32. A choice of ambience
  • 33. Choice of ride partner
  • 34. Taxis for parents with small children
  • 35. suitable vehiclesfor the mobility impaired
  • 36. Taxis for club meets
  • 37. Taxis for nursesCAPTION: [To help them get to work, find spare shifts.]
  • 38. Taxis for nurses
  • 39. Taxis for co- workers
  • 40. The potential applications are endless.
  • 41. Eliminate the languageproblem of hailing a cab
  • 42. Branded taxi firms?
  • 43. Buses could now operatealmost like taxis, picking uppeople from near their front
  • 44. Or indeed taxis could be now be consideredto be buses, replacing functions undertaken by previously scheduled services.
  • 45. Like a schoolbus
  • 46. With a certain group of peopleinside, like business travellers
  • 47. Or activity partners .
  • 48. Or activity partners .
  • 49. Businesses could get more custom.....
  • 50. and customers could avoid the hassle of trying toarrange a designated driver
  • 51. or a conviction
  • 52. Women could opt to travel in women onlytaxis for safety purposes.
  • 53. with a woman driver
  • 54. The answer is atransit exchange
  • 55. What is oursecret sauce?
  • 56. credit contagion
  • 57. credit contagion +social network mask
  • 58. credit contagion +social network mask + location aware cellphones
  • 59. credit contagion +social network mask + location aware cellphones = dynamic matching
  • 60. We are more closelycorrelated than we imagine
  • 61. Based on certaindemographics factors, manyof us have similar itineraries
  • 62. So often, there is someone wecould share a ride with. If only weknew they had the same need as us
  • 63. The key problem has been overcoming
  • 64. The coincidence of wants
  • 65. So has thisworked anywhere yet?
  • 66. Isle of Wight, UK
  • 67. July - December 2008
  • 68. 700 sharedtrips fulfilled
  • 69. What makes a transit exchange work where all other approaches have failed?
  • 70. What percentage does theexchange take?
  • 71. What percentage does theexchange take? 25%
  • 72. 25%?
  • 73. Isnt that a lot?
  • 74. The "Math"100 cabs 8 trips / day *
  • 75. The "Math"100 cabs 8 trips / day * * 5 passengers / cab
  • 76. The "Math"100 cabs 8 trips / day * * 5 passengers / cab * £10 / passenger
  • 77. The "Math"100 cabs 8 trips / day * * 5 passengers / cab * £10 / passenger = £40,000
  • 78. Our uniqueapproach is holistic
  • 79. We combine
  • 80. operational concepts brandingbackend algorithms change the problem space
  • 81. What powers the exchange?
  • 82. Less traffic on theroad
  • 83. Take people to and from railway stations
  • 84. Work as a kind of "text and ride" for light transit systems

×