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Wejo AVP Carl Novelli recently sat down with Scott Stanford for an episode of The Infrastructors podcast, produced by Rekor, to discuss how organizations across sectors can harness smart mobility to drive innovation and growth. The two explored what makes smart mobility unique when it comes to data and talked through different applications of that data. If you missed it, here are some of the questions Carl addressed in the conversation:
The power of smart mobility on a fundamental level is using data generated from millions of cars – a source we call connected vehicle data – and harnessing that information to make decisions. The systems inside a vehicle have sensors that constantly collect information, from the speed of the car to the roughness of the road that the car is driving on. With smart mobility solutions, users can get a granular picture of what’s happening across a network of roadways to inform their strategies.
Unlike other means of collecting transportation insights, connected vehicle data does not require sending out crews or specific vehicles to measure and monitor roads. Instead, connected vehicle data pulls real-time insights 24/7 from millions of active cars traveling every day. It creates a more accurate picture of what’s happening not just at one moment in time but across days, times, and months of the year. The data supports analysis of masses of vehicles to uncover accurate assessments of things like overall speeds, times of the worst congestion and potential unsafe road situations.
Smart mobility is a powerful tool for individuals who work in transportation (think: DOTs and civil engineering firms) because it helps them make data-driven decisions on everything from signal timing and traffic congestion easing to emergency route and work zone planning. While transportation often comes up when talking about smart mobility, solutions can also can be a competitive differentiator in other sectors. In retail, for example, a pizzeria chain can use connected vehicle data to determine if a potential new site location is easily accessible at peak times. Car insurance companies can build upon certain cost structures that analyze risk by asking if drivers will opt-into having their driving behaviors tracked to get lower rates.
One area for smart mobility in the future is autonomous vehicles. By feeding autonomous models with data points from active roadway situations, self-driving cars can be better equipped to make informed decisions. Instead of only looking at a GPS navigation map, an autonomous system can use connected vehicle data to guide their journey with real-time congestion and safety information.