Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the automotive industry. This time, you get to discover 5 hand-picked digital maintenance solutions.
Global Startup Heat Map highlights 5 Top Digital Maintenance Solutions out of 644
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 644 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 automotive startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 639 digital maintenance solutions, get in touch.
Tekmetric offers a Service Shop Management System
Commonly, a repair service hires more technicians to scale and extend their capacities. However, increasing personnel to process growing repair orders, diagnostics cases, and assessments correspondingly bears additional monetary expenses. To help repair shops scale with the existing staff, startups develop digital maintenance software to automate vehicle inspections, process orders, and increase customer history visibility.
US-based startup Tekmetric develops a service shop management system for shop owners, service writers, and technicians. The startup’s software enables digital vehicle inspections (DVI), employee, customer, and inventory management, as well as digitized repair guides and client communications. Tekmetric allows repair services to improve customer services, streamline business analytics, and optimize shop workflow.
5iQ automates Service Reporting
Comprehensive service reports significantly boost clients’ trust in the service and eliminate buyer’s remorse. Such reports include details on the vehicle’s condition, damages, as well as each repaired and replaced part. However, manually writing a detailed service report is a time-consuming process, which negatively impacts technicians’ efficiency. Consequently, startups provide paperless inspection reports that automate shop workflow and improve customers’ experience.
Australian startup 5iQ develops digital service reporting solutions for vehicle inspection. The startup’s software features report templates, repair checklists, and safety forms. Moreover, the software integrates graphic content capture and extends live notifications to customers. Additionally, 5iQ develops workshop management software and digital solutions for auto technician workflow management.
Openclaims provides Body Repair Management
Effectively crafting the workflow of a repair shop requires detailed information on all vehicles at the facility. Conversely, when adding a new vehicle to the workflow, shop operators capture all the relevant damage and vehicle data to evaluate mechanic capacities and inventory. To facilitate vehicle repair operations, startups work on digital workflow solutions for auto repair services.
Dutch startup Openclaims offers digital body repair management for automotive, insurance, and fleet management. The startup develops the Smart Steering Engine for individual damage handling and the Smart Process Builder platform for creating digital repair workflows. By streamlining repair processes, Openclaims’ solutions allow shop managers to improve quality and decrease the costs of repairs.
Ravin works on Video-based Vehicle Inspection
Inspecting the vehicle for damages typically requires the physical presence of the machine in a service shop. However, such inspections require extra time expenditures for both the car owner and the auto mechanic. Therefore, leveraging computer vision and video capturing capabilities of mobile devices, startups work on vehicle inspection solutions through video.
British startup Ravin develops video-based vehicle inspection solutions. The startup’s Inspect, Autoscan, and Eye tools enable video capture from mobile phones or stationary cameras, such as closed-circuit television CCTV. Further, the tools leverage computer vision and deep learning algorithms to facilitate vehicle scanning and reporting. Ravin’s solutions feature 360 view and fleet history reports, as well as condition and damage type reports. The startup facilitates vehicle inspection for service centers, insurance providers, remarketing platforms, and fleet managers.
Vehicle Mind advances Car Diagnostics
Typically, car owners, unaware of the current conditions of their vehicle, visit repair services only when something breaks. However, the utilization of real-time diagnostics solutions allows drivers to monitor vehicle conditions and receive alerts as soon as an issue is detected. For instance, diagnostics timely detects and notifies the driver of ignition system defects, low battery charge, or when the tires need changing. Therefore, startups develop diagnostics solutions that allow drivers to predict failure instead of waiting for it to occur.
Canadian startup Vehicle Mind develops vehicle diagnostics solutions. The startup’s Vehicle Mind Hub hardware solution monitors vehicle diagnostic trouble codes (DTCs), as well as engine and battery issues, among other conditions. Additionally, the device contains movement sensors that enable impact detection and driver behavior monitoring, increasing the driver’s awareness of their vehicles’ conditions.
Discover more Automotive Startups
Automotive startups such as the examples highlighted in this report focus on crash detection, interior design & safety, and automotive sensors. While all of these technologies play a major role in advancing the automotive industry, they only represent the tip of the iceberg. To explore more automotive technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Automotive Innovation Report to save your time and improve strategic decision-making.