Caroperate

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Dynamic Rideshare Deming Chung Vish Deo Rupali Shah Balaji V Caroperate

description

after crunching 18 million records of taxi data, this team found that 15% of rides start and stop within nearby location and time-frame; and then they created a taxi-sharing app

Transcript of Caroperate

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Dynamic Rideshare

Deming ChungVish DeoRupali ShahBalaji V

Caroperate

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Mission statement

“Revolutionize the way we commute through a mobile platform which allows users to co-ordinate opportunities for shared rides in real time to benefit from cost and time savings.”

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The Solution Space

Singapore

Population Target Population Taxi Rides per Day No of Taxis Private Cars

5,077,000 2,000,000 933,000 26,000 511,125

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The Problem

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The Hypothesis

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Our Findings

*Singaporeans Surveyed on 23rd June 2012

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*Singaporeans Surveyed on 23rd June 2012

Our Findings

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Solution

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Our Solution

Input Match and Co-ordinate

Commuter System Commuter

Meet and Go

RATE!

1 32

• Ease of Use

• Secure and Reliable

• Shorter waiting times / lower costs

Benefits

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The Benefit

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The Benefit

LTA StatisticsAverage Rides Per Day 933,000

Peak Hour Hypothesis 15-May-12 7-8pm

Rides origination 7-8pm 25,204 Rides that are sharable 4,325 Throughput 17.2%Cost savings for 1 hr 21,625 Cost savings for 3 hrs 64,875 Cost savings for 1 year 23,355,000 SGDKilometers Saved for 1 year 23,355,000 kmCarbon savings for 1 year 3,503,250 kg

Analyzed LTA dataset for 15 May 2012

Timeframe – 7-8pm

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We need your support

Any partnerships or more data needed?Partnerships with LTA, Tertiary Institutes, Organizations or Individuals that want to make a difference

Join the revolution,

Be the solution,

Caroperate!

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Credits & Contacts

Data sets used:Taxi Logs

Team leadName: Deming Chung @ponchohoodNumber: +65 97821634Email: [email protected]

Team members:Vish Deo @vssdeoRupali Shah @rupalishahBalaji Venkatesan @bvkat

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