Road accidents across the globe is among one of the top cause of the number of lives lost each year. In fact, according to the latest data available from the United Nations, about 1.3 million lives are lost every year due to road accidents. While one cannot put a financial cost to human life, the data estimates that road accidents cost up to 3 percent of the GDP to some countries. Bengaluru-based Netradyne, a fleet safety, and management solution provider aims to change the situation through its Driver•I solution.
The start-up says its internal findings have found that its early customers have benefited from its solution which uses Artificial Intelligence and Machine Learning to constantly evolve the driver monitoring capabilities. It claims to have been able to reduce distracted driving by almost 96 percent and accidents by up to 40 percent over a period of time.
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