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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.

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

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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