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Smartaxi

Innovative customer forecasting system with 32% savings in Taxi operational costs

Total Cost €

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EC-Contrib. €

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Partnership

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 Smartaxi project word cloud

Explore the words cloud of the Smartaxi project. It provides you a very rough idea of what is the project "Smartaxi" about.

booking    transform    bottlenecks    optimization    feasibility    efficient    accurate    forecasting    95    international    min    smartaxi    mobility    freedom    cities    carry    50    2050    prediction    solution    efficiency       million    anticipate    sacrificing    industry    risk    earth    customer    exist    effectiveness    optimise    empty    despite    traffic    movement    urgently    drive    scalability    friendlier    20    pricing    savings    fact    taxis    mostly    2019    software    biocapacity    improvements    quantification    time    city    total    limit    suppose    selling    inefficient    smart    significance    an    market    2022    service    17    localization    taxi    financial    introducing    improvement    intelligent    approximately    predictive    congestion    forecast    urban    intuitive    plan    first    adaptable    kilometers    disrupt    models    100    sustainable    validation    24h    tons    32    customers    finalized    transport    innovative    inner    statistic    context    platform    demand    accuracy    business    stm    co2    source    expansion    expectation   

Project "Smartaxi" data sheet

The following table provides information about the project.

Coordinator
TALLER INNOVACION ABIERTA 

Organization address
address: CALLE SANTA IRENE 3 3
city: VALENCIA
postcode: 46002
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website http://www.smartaxi.me/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-12-01   to  2017-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TALLER INNOVACION ABIERTA ES (VALENCIA) coordinator 50˙000.00

Map

 Project objective

The EU urban transport system is not sustainable, by 2050, meaning that the urban mobility systems will have consumed approximately 17.3% of the Earth’s total biocapacity. URBAN TRANSPORT NEED: We need to optimise the efficiency and effectiveness of urban traffic management, but without sacrificing our limit our freedom of movement PROBLEM SOURCE: In Europe, exist more than one million taxis which represents 10-20% of urban traffic in major cities . In average, taxis drive more than 80,000 kilometers per year mostly in inner-city areas . Despite its significance, taxi transport it’s a highly inefficient system, in fact 50% of time a taxi its empty looking for customers or a booking service demand Taxi industry urgently needs to implement STM systems to transform it into an efficient and sustainable transport according to current smart cities OUR SOLUTION SMARTAXI: Smartaxi innovative solution is an intelligent software to make accurate and reliable prediction of time-localization customer demand. Our aim is to provide a solution to urban city congestion through the optimization of taxi management. For the first time, we will be able to anticipate customer demand (5 min-24h forecasting) with 95 % of accuracy. Smartaxi provide reliable forecast of customer demand, which suppose 32% savings in taxi operational costs and 3,5 M Tons of CO2 in Europe. The platform will disrupt the urban taxi market by introducing an innovative forecasting customer demand system 100% adaptable to any urban context. Technical feasibility study: to finalized the technical validation of the system by: (1) improving the statistic models for future improvements in the predictive system, improvement on scalability and (2) user design making a friendlier intuitive application. To develop a business plan for our international expansion. To carry out financial expectation such as best pricing and cost optimization, expected selling quantification from 2019 to 2022, risk assessment, bottlenecks an

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The information about "SMARTAXI" are provided by the European Opendata Portal: CORDIS opendata.

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