In Europe, there are more than one million taxis, which represents 10-20% of urban traffic in major cities. On average, taxis drive more than 80.000 kilometres per year, mostly in inner-city areas.
Although, the taxi industry is significant to the European economy, it is comprised of an inefficient system. Taxis spend 50% of their time circulating without customers or searching for demand. Consequently, this leads to a reduction of revenue for the taxi industry, increasing traffic in urban areas and thus, increasing the possibility of traffic accidents, as well as increased environmental pollution, which impacts the wellbeing of the citizens.
Smartaxi tackles the issues taxi drivers face, daily. It increases efficiency by 32% by reducing the driving time without customers, through a system that will modify the taxi management procedures worldwide. Smartaxi is an innovative platform, which transforms the method of searching for customers. It integrates an intelligent software to provide a reliable forecast of customer demand, which supposes a 32% savings in taxi operation costs. In addition, it reduces 3,5 M Tons of CO2 in Europe.
Thus, implementing Smartaxi will provide a friendly user technology, which will have a significant impact on saving time and oil, as well as improving the urban transportation system