An Australia based startup, housed in Sydney, named iungo, has created what it has been calling a “fitness tracker” for cars. This tracker will give drivers the ability to analyze the data coming from their car’s computer so they will be able to manage all their car’s services, insurance, and mechanical needs.
The tracker also is an internet of things based data platform. This will use algorithms and cloud computations to corral, analyze, and give feedback on the car’s operation which is collectively known as ‘Connected Car Services’.
iungo’s CEO, Roy Cooke, recently said the technology will help owners use the data gathered by the computers onboard for normal, everyday applications.
He went on to say that iungo’s technology will connect a car’s computers to the cloud. That’ll make it possible for data to be used in real time for services including roadside assistance, remote analysis of issues that might arise with the vehicle, and for insurance policy data. This data can also help the driver improve their overall skills to be safer on the road, more fuel efficient, and produce fewer emissions.
iungo was created with technology with help from a $55,000 grant from Jobs for NSW, which is provided by the New South Wales government. Right now inugo is headquartered in Stone and Chalk fintech incubator at the Sydney Startup Hub.
iungo also plans to continue to develop their digital driving assistant to provide even more services including early diagnosis of possible breakdowns as well as possible repair and maintenance suggestions. This could also include data and driving history so owners can get better insurance rates and quotes as well as advice about parking, traffic, accidents, or emergency services on the roadway.
Recently iungo went through a pilot project using their grant money and just secured a new investment partner in Pickles Ventures.
Cooke stated that iungo is setting an ambitious goal to become Australia’s top connected car platform.
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