"Although many technology companies have aspired to enter the connected car space, none have achieved the same level of speed, accuracy, agility, and quality as wejo." - Frost & Sullivan
wejo, the mobility data ecosystem pioneer, is honoured to receive Frost & Sullivan's Best Practices Award for Customer Value Leadership in the Connected Car Data Exchange Platforms category for 2019.
In its award report, Frost & Sullivan noted that wejo sets and exceeds industry standards, citing the company's pioneering spirit, innovative approach and overall culture as its rationale. The consulting and research firm also stated wejo's customer focus and its attention to protecting data privacy as two core priorities that set the company apart from the competition.
Frost & Sullivan stated in the report:
"As a company that essentially built an entire ecosystem around mobility data, developed an incomparable product, and systematically established a global enterprise… wejo has cemented its position at the top of the hill."
wejo partners with automotive manufacturers to organise the vast streams of data from connected vehicles through its data exchange platform, ADEPT. The company processes, normalises and enhances this data before licensing it to ethical, like-minded businesses (e.g., insurers, transportation planners, smart mobility services) that share its goal of reducing emissions, road accidents and congestion.
Frost & Sullivan follows a 10-step process to evaluate award candidates and assess their fit according to select Best Practices criteria. For the Global Customer Value Leadership Award, Frost & Sullivan independently evaluated customer impact and business impact. The requirements for customer impact included: price/performance value, customer purchase experience, customer ownership experience, customer service experience and brand equity. The criteria for business impact included: financial performance, customer acquisition, operational efficiency, growth potential and human capital.
"wejo centres its business around the notion of customer value, which is an incredible accomplishment in today's competitive data markets," said David Frigstad, Chairman of Frost & Sullivan.
"It is an honour to be recognised by Frost & Sullivan for our commitment to providing customers with unrivalled quality and rich data insights," said Richard Barlow, wejo's Founder and CEO. "wejo is creating a mobility data ecosystem for our partners, offering them a complete, customer-centric experience that prioritises data protection and privacy."
A copy of Frost & Sullivan’s Best Practices Award report featuring wejo is available here: http://bit.ly/FandSAwardReport
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