Avis Budget Group has formed a partnership with Otonomo, an automotive data services platform, to unlock new avenues for value creation from the data generated by its connected fleet.
The fleet will cover an estimated 4 billion road miles this year and is anticipated to generate over 7 billion road miles of data with its fully connected fleet in 2020.
The Otonomo Automotive Data Services Platform will help Avis Budget Group gain new insights from its connected cars, which span a diverse range of makes, models, and telematics technologies. By reshaping this disparate connected car data for new users, Avis Budget Group will gain insights to streamline operations, reduce costs, and improve customer satisfaction. The Otonomo Platform also provides Avis Budget Group with new opportunities for collaboration with cities and other partners that benefit its customers and the general public.
J.D. Power is among the first companies to use Avis Budget Group data.
One key application is using data captured directly from vehicles to complement its consumer research on different makes and models.
With the help of Otonomo, Avis Budget Group can explore additional “data for good” opportunities that can make smart cities smarter, roads safer, traffic flow, and parking more efficient, and driving more enjoyable.
Data from the Avis Budget Group fleet could significantly improve smart city applications such as planning, road hazard identification, or advanced traffic management. In time, this could translate to reduced emissions, accident prediction and prevention, and an overall better experience for all travelers.