Case study for taxi mobile application development
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JPLoft provides business and technology solutions for automotive leaders, which focuses heavily on the major issues of automotive value chain from suppliers to consumers to technology providers. Taxi Application Development Company, Taxi App Developer, Mobile App Development
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The document discusses online taxi and auto aggregator services in India. It provides an overview of the industry, including key players like Ola and Uber. It describes the business models of aggregators and how they partner with taxi and auto owners. It also analyzes the growth drivers and market size of the organized and unorganized taxi market in India. The document further discusses the technology, customers, suppliers and value propositions of app-based taxi services. It analyzes the strengths, weaknesses, opportunities and threats faced by aggregators and compares Ola and Uber on various parameters. Finally, it outlines some of the challenges faced by aggregators and proposes solutions and a way forward.
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The document summarizes the launch of new mobile apps to facilitate electronic toll collection (ETC) in India using FASTags. It introduces the My FASTag consumer app which allows users to purchase, recharge, and track FASTag transactions. It also introduces the FASTag Partner merchant app which allows dealers, banks, and other partners to issue and activate FASTags to help more vehicles use ETC. The goal is to increase ETC adoption across India's toll plazas by making FASTags more convenient and accessible through these new mobile apps.
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Telematics uses vehicle monitoring systems and location technology to blend mobile communications and vehicle data. This will change the auto industry by allowing automakers and dealers to better communicate with customers, and helping parts suppliers develop new interfaces. Telematics also enables innovative insurance plans based on driving data from black boxes, helps optimize fleet management, and gives media new insights into user preferences. While challenges remain in analyzing vast data, telematics creates opportunities for automakers, dealers, insurers, and other businesses to make more informed decisions.
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This document provides an overview of a GPS vehicle tracking system called My CarCity. It discusses the benefits of GPS tracking for fleet management, including improved on-time delivery, real-time vehicle performance monitoring, and fuel management. It then describes My CarCity's products, features, and accessories, which include a waterproof tracking device, web-based vehicle monitoring interface, geo-fencing capabilities, and two-way communication. Finally, it outlines the return on investment customers can expect from reducing costs and improving efficiency.
Now! general presentation 2017 04-28
- We provide a parking management platform and mobility services since 2003, serving diverse international markets.
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- As part of the InfraPark Group, one of the world's leading parking operators, we now have expanded capabilities and customer base.
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China etc (electronic toll collection) industry report, 2015 2019
The Chinese ETC equipment (OBU, RSU) market size has expanded rapidly in recent years, growing at a CAGR of 33.5% during 2012-2014. With advances in networked ETC nationwide, the Chinese ETC equipment market size is estimated to be up to RMB1.35 billion in 2015, presenting a year-on-year jump of 40.5%.
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This document analyzes the Indian taxi industry using Porter's Five Forces model. It finds that competitive rivalry is high due to many established taxi providers competing for market share. The threat of new entry is medium as growth potential could motivate new entrants, but barriers like costs and regulations make entry difficult. Buyer power is medium since customers can play providers off each other for better prices and service. Supplier power is low due to many substitute suppliers being available. The biggest threat comes from substitutes like auto rickshaw apps, self-drive rentals, and improved public transport that offer cheaper or more flexible alternatives.
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Case study for taxi mobile application development
- 1. Case Study of Taxi Business By Jploft Solutions Pvt. Ltd.
- 2. B&Y & Rickshaws Tourist taxis Radio taxis App based Aggregators Permit issued by respective RTOs Fares / Fuel type / driver qualifications are regulated Point to point intra city Street pickups All India Tourist Taxis permit Primarily introduced for intercity services Highly fragmented Permit issued by respective RTOs Fares / Fuel type / driver qualifications are regulated Multiple booking options e.g. call center, app Tourists taxis permits Booking only thru App Fares / Fuel type / driver qualifications are not regulated Evolution of taxis industry in India
- 3. Industry statistics and trends 2,00,000 8,00,000 2006 2,21,000 10,01,000 13,000 2015 1,08,000 10,44,000 9,000 6,30,000 2019 ~ 10,00,000 vehicles ~ 18,00,000 vehicles~ 12,50,000 vehicles Shift of market share from regulated to un regulated taxi aggregators
- 4. Chauffeurs • Better earnings • Stability of earnings • Social acceptance and engagement • Professional respect Consumers • On time service • Safety • Quality of car • Convenience, comfort • Transparency in billing • Availability • Simplified payment process Technology advancement has led to increase in consumer expectations Expectations of stakeholders
- 5. Impact of Technology GPS / GPRS based cab tracking and dispatch ETA based booking Simplified and multiple payment options E – billing and receipts Mobile app based single touch booking Tech is key enabler for growth of taxi industry
- 6. Impact of funding Total VC funding raised / committed of ~ 18,000 Crores by top two aggregators in last 3 years Consumers Providing services below cost price Tourist Car owners Non sustainable commercial arrangement Creating economically unviable business models Risk of 20,000+ crores vehicle loan becoming NPA Eliminating competition through predatory pricing Creating monopolies leading to exploitative pricing
- 7. Impact of regulatory vacuum No separate license No separate taxi permit / use of tourist taxi permit No control on : • Quality of services • Safety • Driver credentials • Pricing • Fuel type
- 8. Impact of deceptive pricing Misleading fares : • Base fare • Minimum fare • Ride time charges • Per km charges • Surge pricing / peak time charges
- 9. Taxis should be treated as an essential service Way forward… Uniform tariff regulations Stop subsidizing drivers as per new Ecommerce policy Separate taxi permit for point to point city taxis Uniform license for all intra city taxi operators Screening norms for drivers