Virtual IMMERsion for DRIVEr training and evaluation

Project Information

ImmerDrive

Grant agreement ID: 763054

DOI

10.3030/763054

Project closed

EC signature date 31 January 2017

Start date 1 February 2017

End date 31 May 2017

Funded under

• SOCIETAL CHALLENGES - Smart, Green And Integrated Transport

Total cost

€ 71 429,00

EU contribution

€ 50 000,00

Coordinated by

NERVTECH, RAZISKAVE IN RAZVOJ DOO
Slovenia

Periodic Reporting for period 1 - ImmerDrive (Virtual IMMERsion for DRIVEr training and evaluation)

Reporting period: 2017-02-01 to 2017-05-31

Summary of the context and overall objectives of the project

Every 25 seconds someone dies on the World’s roads. Only in Europe more than 30,000 fatal traffic accidents occur per year.
By using simulators for training, novice drivers can get familiar with operating a vehicle and following traffic regulations in a safer environment, hence providing a less stressful experience. Professional drivers can be trained for specific company needs, new or foreign traffic regulations, and use of specific in-vehicle information systems. Furthermore, insurance companies can use driving simulators to increase driver’s awareness and improve their policyholders’ driving habits resulting into lesser insurance claims.
The objective of this project is to provide affordable driving evaluation and training services with ImmerDrive. We want to contribute to improving the abilities of new drivers, increase the efficiency of existing ones, and improve road safety in general.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

We performed a market study considering the potential number of drivers and services associated with driver evaluation and training that ImmerDrive can offer. The results from the competitor analysis are encouraging, since we did not find a direct competitor that offers a comparable holistic service such us ours. We also used this period to consolidate the collaboration with existing partners and customers and performed a Business model study to evaluate the profitability and scalability of each of the created models. After the analysis of the IP, we verified the FTO for our driving simulator. Finally, we estimated the budget and the next actions required for implementation of this project in a period of 2 years and launch commercial operation as of 2020.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

Our low cost high fidelity driving simulator consists of advanced simulation technologies that provide a realistic driving experience, and algorithms for data analysis used for driver evaluation and creation of customized individual training sessions. Thanks to ImmerDrive, drivers will get an insight of their weaknesses, and will be offered training tailored for their specific needs. After assessing the market, we have confirmed that there is a big interest from key stakeholders (insurance companies and professional drivers) representing a worldwide market opportunity of 5 billion Euros. Reducing the number of road accidents will also reduce billions of Euros in healthcare and insurance claims, and most importantly, will contribute to saving thousands of lives.

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