RavinAI, an artificial intelligence (AI) firm based in Israel, is planning to enter the South African market in order to expand its fleet management product offering.
RavinAI, an artificial intelligence (AI) business located in Israel, is expanding its operations to South Africa by forming a relationship with Alder Grove Automotive, a fleet management company in South Africa. RavinAI provides a visual inspection service that is powered by AI for the fleet, rental, and used automobile, as well as the insurance industries.
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The capability of Ravin’s technology
Ravin’s technology is said to be able to automate the vehicle inspection process by utilising computer vision and artificial intelligence. This would allow fleet managers to operate more financially, more efficiently, and with decreased risk. After that, it generates a condition report, which, in turn, makes the process of maintaining and repairing fleet vehicles more effective.
“We are excited to be partnering with Ravin on their entrance into the South African market,” said Vernen Pillay, managing director of Alder Grove Automotive.
The brand is synonymous with quality and innovation in the automotive industry. The technology developed by Ravin has so much promise for the market, even beyond the realm of fleet management, which is quite important in and of itself. It can be used for auto purchasers to inspect vehicles that they are considering purchasing, inspections for insurance claims, monitoring ports and shipping, and so on, and its goal is to aid in making its usage as widespread as possible in South Africa.
Ravin’s co-founder and CEO, Eliron Ekstein, indicated that the demand for artificial intelligence (AI) vehicle inspection was the rationale for the company’s decision to join the market in South Africa.
The impact of Ravin and details on their capability
Fleet managers are constantly confronted with a wide variety of obstacles, such as a lack of drivers, delays in maintenance, and problems with the supply chain, which demand prompt and effective solutions.
One of the most significant obstacles is the requirement to do routine checks on each and every vehicle in their particular fleet, which is a laborious and time-consuming operation that is presently carried out manually.
Ravin’s technology uses computer vision and artificial intelligence to automate the process of inspecting vehicles. This allows fleet managers to operate their businesses more profitably, more efficiently, and with a lower risk.
The technology developed by the startup can generate a condition report in a matter of seconds, which is more precise than an inspection performed by a human. This makes it possible to perform fleet repair maintenance in a fraction of the time. It also offers fleet and driver monitoring, which may identify precise damages that may have occurred as well as who was driving at a particular time.
Utilising cutting-edge computer vision and deep learning, Ravin’s technology is able to provide a comprehensive report on the status of a vehicle after properly capturing its current state.
This report may be viewed from any angle. Scans can be performed in a matter of minutes using already installed CCTV as well as mobile devices. Large firms such as Toyota, Hertz, and KAR Global are among those that have already effectively deployed and utilised the technology.
The recent debut of Ravin in Australia and New Zealand, followed by the recent entry into the South African market, is a further indication of the demand for solutions such as theirs, which takes the vehicle inspection process squarely into the 21st century. According to what the CEO had to say, Ravin looks forward to working closely with Alder Grove Automotive in order to improve the experience that its customers enjoy all across South Africa.