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IMS Rental Vehicle Intelligence
Improving the Profits of Rental Vehicle Providers
April 2012
Purpose
• To demonstrate how IMS
  Rental Vehicle Intelligence
  can improve the profitability
  of your vehicle rentals
   – Summary of benefits
   – Business building
     opportunities
   – Reasons to partner
     with IMS
Summary of Benefits
Benefits for
         Rental Vehicle Companies
1. Portfolio of safer, smarter,
   greener, & more loyal, drivers
2. Increased revenue streams
3. Enhanced customer experience
4. Higher resale value of vehicles
5. Reduced damage done to cars
6. Better preventative maintenance
7. Contract violation enforcement
Benefits to Vehicle Renters
1. Faster “in-out” service
2. Enhanced emergency
   response service
3. Rewards and recognition
   for good driving behavior
   - Vehicle upgrades
   - Lower prices
   - Ranking & recognition
   for good driving behavior
   - Membership priviledges
IMS Solutions for Improving Profit
• IMS has a range of
  solutions to empower the
  car-rental partner to:
   1. Enhance current services in
   terms of profitability and
   customer experience
   2. Introduce new business
   opportunities
   3. Improve asset
   maintenance and valuation
   4. Promote and influence
   positive customer behavior       IMS M2M = Better drivers = Better profitability
   5. Provide efficient road
   assistance services
Business Building Opportunities
Opportunity #1: “Pay-as-you-go” as an
      alternate Business Model

- Not all drivers are alike
-Discounts for good driving
behavior
- IMS helps identify
great drivers
PAYG and Vehicle Rental
• PAYG is an auto insurance
  term also known a “Mile-
  based” auto insurance or
  “Usage based insurance”
• Auto rental companies can
  adapt PAYG to measured time,
  distance, and place.
• Possible via IMS M2M
  technology
PAYG Game-Changer in Vehicle Rental


Market conventions
-All customers are treated
                                                                    Vision
          the same                                           -Better book of drivers
  -No differentiation for                                - Better risk-return ratios
      usage/driving skill


                                    Disruption
                                         -PAYG
                             -Use IMS M2M technology
                                 -“Adverse selection”
                             - Benefits to low risk driver
#2: Improve driving behavior through
existing or new Rewards & Recognition
               programs
Reward & Recognition
• Rewards and/or
                                        Member
  recognition program can                 Card
  improve driving behavior               Status

• Behavior impacts
  profitability                Points

• Promote this program                      Upgrades or
                                                cost
  externally as a reason                     reduction
  why there is better resale
  value for your vehicles
#3: Car sharing program as an
       alternative business segment
• New business segment
• Offer competitive entry
  in Car Sharing business in
  key urban markets
• Offer hourly rates
• 24x7 access to vehicles
• Book online and drive
#4. Young Drivers as a new segment

• Young drivers present
  higher risks to rental
  vehicles
• IMS M2M telematics
  can draw from our
  Young Drivers Intelligence
  to reduce risk and
  potentially expand this
  market
#5: Premium Roadside Assistance
                 (RSA)
• Roadside assistance is
  important because drivers
  who rent vehicles are not
  always familiar with their
  surroundings
   – Automatic vehicle location
   – Roadside assistance exchange
   – Vehicle diagnostics
• Offer Premium RSA to
  generate added revenue &
  enhanced customer loyalty
#6: Remote & Automatic Vehicle
               diagnostics
• IMS Rental Vehicle Intelligence
  tracks key diagnostics & issues
  reports
    – Event-Triggered vehicle health
      reports
    – Periodical vehicle health reports
    – On-demand vehicle reports
    – End-of-use vehicle health reports
• Powerful feature: asset value
  maximization, responsive
  customer care, cost effective
  vehicle services
#7: Automatic vehicle location (AVL)

• AVL can automatically
  determine the geographic
  location of the vehicle
  coupled with the ability to
  transmit that info to a
  requester.
• AVL is useful for renters
  who are not familiar with
  the vehicle and often its
  surroundings
• AVL is a potential revenue
  generator
#8: Remote Real-time Fuel Detection can
       generate more revenue
• The rental car company
  can remotely access fuel
  levels with precision to
  charge extra for the
  difference between
       • Perceived fuel level
       • Actual fuel level
#9: Improve Asset Value via evidence
         based usage reports
• Track driving metrics
  over the lifetime of
  the vehicle
   – Automatic tracking and
     documentation of
     vehicle usage and
     maintenance
   – Information can
     augment “Blue Book”
     data
#10: Certified “Pre-owned” program

• Ensure that only “Certified”
  drivers in the program use
  specific vehicles
   – Develop non-actuarial
     scoring system for vehicles
     based on usage
   – Third party endorsement
     by Big Four accounting firm
   – Consider licensing this scoring
     system to “Blue Book”
#11: Employ Interactive Alerts to
       encourage better driving
• Awareness of Telematics helps
  encourage good driving
• Generate alerts of vehicle
  abuse to call center
• Customer care sends driver
  a “Better-Driver” warning or
  reminder
• Introduce Extra charges could
  be levied for abuse
#11: Enforce contract violations
• IMS can capture events
  beyond those covered in
  the contract
• Location based Example:
  Driving beyond the
  geo-fence
• Additional charges can be
  levied for contract
  violations e.g., extra
  insurance for driving to
  Canada or Mexico
#13: Severe Event detection & reporting
         to roadside assistance
• Transmission of data trail
  data in response to severe
  vehicle motion events so
  that the appropriate
  roadside support can
  be deployed.
• Pre and post event
  data are recorded
  and transmitted
Reasons to Partner with IMS
Key elements
• All IMS Rental Vehicle Solutions have 4 key
  components

 Component                     Possible solution
 Device                        IMS DriveSync with GPS, Accelermoter
                               Large memory, GSM Interface
 Communication link            Short range e.g., WiFi, RFID, Bluetooth
 Software                      Application for Tablet and/or Mobile
 Back-end support/deployment   Unique device shipped to Car Rental
                               company for self install. System
                               integration and Portal for Company
                               and Alerts for Customer
IMS at a Glance
        •     Founded in 1999.
        •     HQ in Canada. Sales offices in US.
        •     Strong links with University of Waterloo
        • More than 100 patents & patents pending
        •     ISO 9001/14000 certified




IMS Inc. Confidential & Proprietary   Waterloo HQ
IMS expertise
• IMS has deployed fully
  integrated programs in
  the Automotive
  Aftermarket for
   – UBI Programs – 8 of the
     top 25 US auto insurance
     companies . (We are
     permitted to talk only
     about Travelers.)
   – Young Driver Programs –
     1 leading US financial
     institution
Usage-based insurance solution
• UBI
  – Auto Insurance companies
    have demographics
  – IMS UBI Intelligence
    provides behavior data
  – More complete driver
    picture with
        •   Speeding
        •   Rapid acceleration
        •   Harsh braking
        •   Idling time
        •   Greenhouse gas emissions
Recognition for IMS
• IMS has received many
  awards for our
  technology solutions
  – Machine to machine
    (M2M) technology
  – Human machine
    interface (HMI)
    technology
  – Usage based insurance
    (UBI) telematics

                   IMS Inc. Proprietary and Confidential   29
Young Drivers Intelligence Solution
• YDI
  – Coaching tool for Parents
    and Young Drivers
  – Measures key variables
        •   Length of trip
        •   Speeding
        •   Rapid acceleration
        •   Harsh braking
        •   Time of day
        •   Geofence violation
  – Ranks Young Driver on 5
    Star scale across variables
Summary – key benefits

1. Portfolio of safer, smarter, greener &
   more loyal drivers
2. Increased revenue streams
3. Enhanced customer experience
4. Higher resale value of vehicles
5. Reduced damage done to cars
6. Better preventative maintenance
7. Contract violation enforcement
IMS Opportunities to improve profit
• Better drivers will         • Support Car Sharing as a
  improve profit                new business segment
• Test “Pay as you go” as a   • Premium Services will
  business model extension      generate additional
  to increase profit            revenue
• Improve driver behavior        – Roadside assistance
  through Rewards and            – Remove vehicle diagnostics
  Recognition                    – Automatic vehicle locator
                              • Fuel level intelligence can
                                generate added revenue
IMS Opportunities cont’d.
• Increase resale value of    • Severe event detection &
  Rental vehicles through       reporting to roadside
  evidential usage reports      assistance
• Employ interactive alerts   • Preventative maintenance
  to encourage better           improvement
  driving
• Contract violation
  support
Contract
• For more information on IMS|Rental Vehicle
  Intelligence please contact Blair Currie, VP
  Marketing at bcurrie@intellimec.com or call at
  519.745.8887

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Ims rental vehicle intelligence rev. 1 april 18, 2012

  • 1. IMS Rental Vehicle Intelligence Improving the Profits of Rental Vehicle Providers April 2012
  • 2. Purpose • To demonstrate how IMS Rental Vehicle Intelligence can improve the profitability of your vehicle rentals – Summary of benefits – Business building opportunities – Reasons to partner with IMS
  • 4. Benefits for Rental Vehicle Companies 1. Portfolio of safer, smarter, greener, & more loyal, drivers 2. Increased revenue streams 3. Enhanced customer experience 4. Higher resale value of vehicles 5. Reduced damage done to cars 6. Better preventative maintenance 7. Contract violation enforcement
  • 5. Benefits to Vehicle Renters 1. Faster “in-out” service 2. Enhanced emergency response service 3. Rewards and recognition for good driving behavior - Vehicle upgrades - Lower prices - Ranking & recognition for good driving behavior - Membership priviledges
  • 6. IMS Solutions for Improving Profit • IMS has a range of solutions to empower the car-rental partner to: 1. Enhance current services in terms of profitability and customer experience 2. Introduce new business opportunities 3. Improve asset maintenance and valuation 4. Promote and influence positive customer behavior IMS M2M = Better drivers = Better profitability 5. Provide efficient road assistance services
  • 8. Opportunity #1: “Pay-as-you-go” as an alternate Business Model - Not all drivers are alike -Discounts for good driving behavior - IMS helps identify great drivers
  • 9. PAYG and Vehicle Rental • PAYG is an auto insurance term also known a “Mile- based” auto insurance or “Usage based insurance” • Auto rental companies can adapt PAYG to measured time, distance, and place. • Possible via IMS M2M technology
  • 10. PAYG Game-Changer in Vehicle Rental Market conventions -All customers are treated Vision the same -Better book of drivers -No differentiation for - Better risk-return ratios usage/driving skill Disruption -PAYG -Use IMS M2M technology -“Adverse selection” - Benefits to low risk driver
  • 11. #2: Improve driving behavior through existing or new Rewards & Recognition programs
  • 12. Reward & Recognition • Rewards and/or Member recognition program can Card improve driving behavior Status • Behavior impacts profitability Points • Promote this program Upgrades or cost externally as a reason reduction why there is better resale value for your vehicles
  • 13. #3: Car sharing program as an alternative business segment • New business segment • Offer competitive entry in Car Sharing business in key urban markets • Offer hourly rates • 24x7 access to vehicles • Book online and drive
  • 14. #4. Young Drivers as a new segment • Young drivers present higher risks to rental vehicles • IMS M2M telematics can draw from our Young Drivers Intelligence to reduce risk and potentially expand this market
  • 15. #5: Premium Roadside Assistance (RSA) • Roadside assistance is important because drivers who rent vehicles are not always familiar with their surroundings – Automatic vehicle location – Roadside assistance exchange – Vehicle diagnostics • Offer Premium RSA to generate added revenue & enhanced customer loyalty
  • 16. #6: Remote & Automatic Vehicle diagnostics • IMS Rental Vehicle Intelligence tracks key diagnostics & issues reports – Event-Triggered vehicle health reports – Periodical vehicle health reports – On-demand vehicle reports – End-of-use vehicle health reports • Powerful feature: asset value maximization, responsive customer care, cost effective vehicle services
  • 17. #7: Automatic vehicle location (AVL) • AVL can automatically determine the geographic location of the vehicle coupled with the ability to transmit that info to a requester. • AVL is useful for renters who are not familiar with the vehicle and often its surroundings • AVL is a potential revenue generator
  • 18. #8: Remote Real-time Fuel Detection can generate more revenue • The rental car company can remotely access fuel levels with precision to charge extra for the difference between • Perceived fuel level • Actual fuel level
  • 19. #9: Improve Asset Value via evidence based usage reports • Track driving metrics over the lifetime of the vehicle – Automatic tracking and documentation of vehicle usage and maintenance – Information can augment “Blue Book” data
  • 20. #10: Certified “Pre-owned” program • Ensure that only “Certified” drivers in the program use specific vehicles – Develop non-actuarial scoring system for vehicles based on usage – Third party endorsement by Big Four accounting firm – Consider licensing this scoring system to “Blue Book”
  • 21. #11: Employ Interactive Alerts to encourage better driving • Awareness of Telematics helps encourage good driving • Generate alerts of vehicle abuse to call center • Customer care sends driver a “Better-Driver” warning or reminder • Introduce Extra charges could be levied for abuse
  • 22. #11: Enforce contract violations • IMS can capture events beyond those covered in the contract • Location based Example: Driving beyond the geo-fence • Additional charges can be levied for contract violations e.g., extra insurance for driving to Canada or Mexico
  • 23. #13: Severe Event detection & reporting to roadside assistance • Transmission of data trail data in response to severe vehicle motion events so that the appropriate roadside support can be deployed. • Pre and post event data are recorded and transmitted
  • 24. Reasons to Partner with IMS
  • 25. Key elements • All IMS Rental Vehicle Solutions have 4 key components Component Possible solution Device IMS DriveSync with GPS, Accelermoter Large memory, GSM Interface Communication link Short range e.g., WiFi, RFID, Bluetooth Software Application for Tablet and/or Mobile Back-end support/deployment Unique device shipped to Car Rental company for self install. System integration and Portal for Company and Alerts for Customer
  • 26. IMS at a Glance • Founded in 1999. • HQ in Canada. Sales offices in US. • Strong links with University of Waterloo • More than 100 patents & patents pending • ISO 9001/14000 certified IMS Inc. Confidential & Proprietary Waterloo HQ
  • 27. IMS expertise • IMS has deployed fully integrated programs in the Automotive Aftermarket for – UBI Programs – 8 of the top 25 US auto insurance companies . (We are permitted to talk only about Travelers.) – Young Driver Programs – 1 leading US financial institution
  • 28. Usage-based insurance solution • UBI – Auto Insurance companies have demographics – IMS UBI Intelligence provides behavior data – More complete driver picture with • Speeding • Rapid acceleration • Harsh braking • Idling time • Greenhouse gas emissions
  • 29. Recognition for IMS • IMS has received many awards for our technology solutions – Machine to machine (M2M) technology – Human machine interface (HMI) technology – Usage based insurance (UBI) telematics IMS Inc. Proprietary and Confidential 29
  • 30. Young Drivers Intelligence Solution • YDI – Coaching tool for Parents and Young Drivers – Measures key variables • Length of trip • Speeding • Rapid acceleration • Harsh braking • Time of day • Geofence violation – Ranks Young Driver on 5 Star scale across variables
  • 31. Summary – key benefits 1. Portfolio of safer, smarter, greener & more loyal drivers 2. Increased revenue streams 3. Enhanced customer experience 4. Higher resale value of vehicles 5. Reduced damage done to cars 6. Better preventative maintenance 7. Contract violation enforcement
  • 32. IMS Opportunities to improve profit • Better drivers will • Support Car Sharing as a improve profit new business segment • Test “Pay as you go” as a • Premium Services will business model extension generate additional to increase profit revenue • Improve driver behavior – Roadside assistance through Rewards and – Remove vehicle diagnostics Recognition – Automatic vehicle locator • Fuel level intelligence can generate added revenue
  • 33. IMS Opportunities cont’d. • Increase resale value of • Severe event detection & Rental vehicles through reporting to roadside evidential usage reports assistance • Employ interactive alerts • Preventative maintenance to encourage better improvement driving • Contract violation support
  • 34. Contract • For more information on IMS|Rental Vehicle Intelligence please contact Blair Currie, VP Marketing at bcurrie@intellimec.com or call at 519.745.8887