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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.

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

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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