Project description
An e-hailing solution giving traditional taxi companies a competitive boost
Over the last decade, registered taxi drivers and companies have found it hard to compete with and offer the same flexible and affordable services as e-hailing platforms, such as Uber. Changing this, TaxiDriver, a pioneering fully branded e-hailing solution and mobile app, will help to enhance the activities of traditional taxi companies via a global taxi alliance, while maintaining their brand identity. The software is fully compliant with all legal requirements and offers passengers lower trip costs. The EU-funded TaxiDriver project will conduct a feasibility study to assess the technology’s technical, commercial and financial viability and to update the TaxiDriver business model.
Objective
TaxiDriver aims to disrupt the current setup in taxi industry, being the first European platform offering the opportunity to traditional taxi companies to compete against Uber and app based platform and enter the e-hailing business.
Since the boost of e-hailing platforms where everyone can drive, like Uber, during the last decade, the registered taxi drivers/companies struggle to survive (>50% of taxi passengers prefer to use mobile apps to order a taxi), as they cannot compete with the unfair competition of these platforms (lack of compliance with relevant regulations, lax background checks, unregistered vehicles/drivers) and they cannot offer the same flexible/affordable services. The result was a continuous conflict in the overall taxi industry with numerous protests and manifestations in the major European cities. Even e-hailing solutions that use registered taxis, like MyTaxi, vanish the identity of each taxi company, exchanging it with its own mobile app.
Having identified issues, we designed TaxiDriver, a unique, by definition fully compliant with all legal requirements, software allowing traditional taxi companies to have their own platform and mobile app and thus be able to offer unique branded e-hailing solutions and boost their activities (up to 25%). On top of that, our technology offers additional innovations, as TwinRide (a passenger feature to select a travel mate) and enhanced traffic algorithm with 99.8% precision. Hence, taxi drivers can increase their services efficiency and boost their activities. The successful launch of our beta platform in Hungary, Slovakia, Albania, Czech Republic and Austria showed that taxi passengers enjoyed safer trips at up to 67% lower prices.
NERD Developments is an upcoming SME in providing disruptive IT solutions, consisted of experts in software design and development. Through TaxiDriver, we aim to create a business opportunity of €19.5 million after fifth year of commercialization and create 20 new jobs.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- social sciences economics and business business and management business models
- social sciences law
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1113 BUDAPEST
Hungary
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.