Agnik already offers the insurance industry a tool that captures vehicle and driver behavior via a small device that plugs into the vehicle's diagnostic data port. It analyzes the data on board the vehicle, then sends the results over Sprint's wireless network to a remote server which can be accessed by actuarial managers and policy holders through Web-based tools. Agnik MineDrive allows for statistical data mining, clustering, segmentation, trend analysis and predictive modeling. For the auto repair industry, Agnik offers MineCar, which combines real-time telematics vehicle performance analytics with non-telematic data such as historical information about the vehicle, its owner's interests, repair details and current market data. To aid in the monitoring and management of fleet vehicles, Agnik offers MineFleet advanced predictive vehicle data mining, based on computer modeling software.
Read Full Article
Enjoy curated articles directly to your inbox.