A Bavarian startup has developed the world's first cloud-based consumer software solution that allows vehicle owners to digitize, self-manage and analyze data from and around their vehicles, as well as driving data and behavior - all securely stored in a personal data vault at 100% GDPR compliance. The marketplace also allows owners to generate revenue themselves by giving companies access to their data.
Details:
This cloud solution and its integrated marketplace is all about the treasure trove of data from cars, motorcycles and their owners, and how consumers and automotive-related businesses alike can profit from it quickly and easily. The marketplace consists of companies such as car insurance companies, car dealerships, repair shops, roadside assistance services, tire services, market researchers and analysts, smart cities and many others whose target audience is car owners. Marketplace partners can access the shared data 24/7 and explore customer preferences to identify new business opportunities for a data access fee, while responding to hot leads from vehicle owners and bidding on various products and services.
APP view -source: MyAutoData GmbH
Wanted partners/notes:
The company's vision is to become the largest data treasury and Big Data environment for the automotive ecosystem worldwide, with a global market size of 1.2 billion vehicles. The system has been released and will be deployed since October 2020. As of now, it is active in Germany and the UK with a few thousand users and great response in the German media. The goal for 2021 is to open and explore all major European countries as well as the U.S., Canada and Australia with a total of at least 1.9 million vehicles and 2,000 marketplace partners in 16 countries.
The German startup is looking for partnerships in the form of franchise agency agreements, sales representative agreements and financing arrangements.
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