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Autonomous Vehicles: Where We Stand Today

Autonomous Vehicles: Where We Stand Today, automation in its early form has already made its way into most high-tier vehicles released in the last two years

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Autonomous Vehicles Where we Stand Today

Although we are yet to see fully automated, driverless cars driving themselves around everywhere, automation in its early form has already made its way into most high-tier vehicles released in the last two years. If that intrigues you, rest assured that we will elaborate on that and much more as we take a look at where automation in vehicles stands now.

1. Understanding the Levels of Autonomous Features: You May Have a Few in Your Car Already

In total, there are five levels of autonomous features for self-driving cars, and the last one is theoretical at this time. Once we go through the five levels of autonomous driving/assistive features, you will likely realize that your new car may have a few of the Level 1, 2, or even three features in it already!

Level 1 Autonomous Features

Level 2 Autonomous Features

  • Presence of an advanced driver assistance system (ADAS)
  • AI has limited ability to control steering, acceleration and emergency braking
  • A human driver is necessary for everything else and also for supervision

Level 3 Autonomous Features

  • Quite similar to Level 2 autonomous vehicles and has all the features mentioned above
  • Environmental awareness & detection capabilities allow for taking intelligent decisions when on auto mode.

Level 4 Autonomous Features

  • The closest we have come to fully driverless cars
  • Human driving input is only required in unmapped areas or while traversing rugged terrains

Level 5 Autonomous Features

  • The AI can drive the car safely across all terrains and weather conditions
  • A human driver is unnecessary
  • There are no level 5 self-sufficient vehicles on record yet

For those wondering, there is often a mention of Level 0 autonomous vehicles as well. Still, it’s essentially a term used to designate vehicles with zero autonomous capabilities, and therefore, it was not elaborated on here.

2. There are Tremendous Career Prospects for Automotive Engineers

The normal payroll of a self-driving car engineer was $295,000 in 2017, while the average salary of a general automotive engineer is only $76,513. The stark difference between the two related but quite different fields of work is largely due to the following facts.

  • There aren’t enough qualified engineers available for autonomous car projects.
  • All the top car manufacturers are looking for them
  • The future of the car industry is going to be dependent on self-driven cars
  • The race to get there first and take the first mover’s advantage is on

Right now, an ECE-Advanced Mobility oriented electrical and computer engineering master’s degree is one of the most lucrative courses for engineers because of this surging demand. It merges the two fields perfectly and specializes in robotics, dynamic system design, and app development for current-gen and next-gen autonomous vehicles. As more self-governing cars make it onto the road throughout the next decade, the need for driverless car engineers will increase exponentially as well.

3. Will We be Able to Afford One?

Initially, as it is with any new technology, Level 5 self-driving cars might be too costly for most of us. Therefore, the answer mostly depends on who you are and what you earn! Speaking from a general perspective, though, Level 3 and even Level 4 autonomous vehicles will become more affordable by the next decade. Elon Musk (Tesla) thinks that even Level 5 vehicles will become accessible by the year 2040.

4. Level 5 Self-Driving Vehicles Might be Seen Sooner in the Industrial Sector

The main reason fully automated vehicles are not being seen on the road is due to safety hazards. Not all driver, passenger, driver, and pedestrian safety dynamics have yet been calculated and corrected, which is why even Level 4 cars are not easily found on the road, if at all.

On the other hand, off-road, industrial vehicles such as load trucks, mining equipment, etc., must not suffer as much about all that, in the same way, that Australian mining companies currently use uncrewed, autonomous trucks and other equipment for mining operations. We may see the same being implemented with better results, much sooner than mainstream, on-road vehicles.

5. How Are Safe Self-Driving Cars in 2019 – 2020?

This is the central question for many people. The answer is also the reason why full automated self-driven cars are not yet a reality – however. As of now, vehicles with driving assistance, limited automation, and emergency controls make any car a lot safer, but that’s where the line is drawn.

The accident rate of self-driven cars is significantly higher than those of human-driven ones. This is compounded by the fact that autonomous vehicles have had so little exposure to unsafe conditions.

Tesla, in particular, has been the cause of accidents and even deaths caused by self-driven cars. Tesla AV has been officially related to six ends, with four drivers and two being pedestrians. It’s safe to say that the next time you see a driverless car going about its business, it’s best not to test its emergency breaks, especially if it’s a Tesla!

In all fairness, that is precisely why autonomous car engineers, app developers, AI developers, etc., are paid so well in this developing industry. Manufacturers need more fresh minds at the job to iron out those kinks because unless they do, the dream of driverless cars being mainstream cannot be realized.

Self-driving cars will not just be innovations that will change human history forever; they will also change the automotive business itself. Additionally, related, dependent businesses will also branch out from the news industry.

It will create jobs in multiple associated sectors and boost the economy in the process. If you have ever considered automotive/computer/electrical engineering as a career path, ensure that your education prepares you to become a part of this upcoming and inevitable automotive revolution. The fact that it’s still in development makes it the ideal career path to consider.

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Automotive

How has car rental management software revolutionized the industry?

Car rental management software allows for minimizing risks and preventing financial losses through certain features, such as maintaining a database of client drivers, managing fines, tracking instances of dangerous driving, and preventing unauthorized access to the vehicle.

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Maruti Car Insurance Achievements

In recent years, the car rental business has been rapidly developing in many countries around the world. This service is particularly in demand in large cities, where residents increasingly prefer various car rental options over purchasing their own vehicles.

Clients of car rental services enjoy several significant advantages: renting a car is cheaper than regularly using taxi services, and much more convenient than relying on public transportation. Additionally, users are not required to spend a huge amount of money on buying a personal car, taking care of registration and insurance, regularly refueling and repairing the vehicle, or purchasing parking spaces. These responsibilities are taken care of by the rental company.

The development of the car rental business is also influenced by broader factors. Firstly, there has been an increase in the number of tourist and business trips in recent years. Secondly, consumers increasingly value mobility and flexibility, which contributes to the growing demand for rental cars. Thirdly, many countries worldwide are paying significant attention to ecology, and shared transportation partially helps reduce carbon footprints and utilize resources more efficiently.

However, perhaps the key factor is the rapid advancement of internet technologies and online platforms. It is not just about improving the user experience but also the emergence of digital solutions for businesses. For example, the implementation of specialized car rental management software has revolutionized the industry.

Many companies have been able to simplify and automate their workflows, save significant resources, optimize budgets, and take their businesses to a new level.

1. Understanding car rental management software

Car rental software is a software system specifically designed for efficient management, control, and business development in the car rental industry.

The functioning principle of a car rental system may vary depending on its type, set of features, client preferences, and other factors. Among car rental software options, the following are distinguished:

Personalized and package systems. The owner of a car rental business can order the development of a custom software solution from scratch. Such software takes into account all the specific needs of the company and the client’s preferences. Typically, the development of a personalized system takes more time and is more expensive, but in such cases, the efficiency of using the software will be maximized. A more cost-effective option would be to acquire a package solution, which includes a fixed set of functions necessary for managing the car rental business.

Specialized and universal software. There are many universal systems available on the market for business management. Typically, such software has a basic set of functions, for example, it can be used for financial operations, organizing and storing important information, and interacting with clients. However, specialized software provides an advantage to owners of car rental companies because these programs are developed with the specific characteristics of this business in mind.

Boxed and cloud solutions. Depending on the method of data storage, there are cloud-based and downloadable systems. Standalone or so-called “boxed” solutions involve purchasing a license to use the program, which is installed directly on the personal computers of the car rental company’s employees. Cloud solutions are often more convenient: when using them, the client gains access to an online service from any PC or mobile application. Moreover, cloud solutions are quite flexible, as adding additional features to the software is much easier.

Each type of software has a set of advantages that can be utilized by the owner of a car rental business, regardless of the type, class, and model of the rented cars. Some of these advantages include business process optimization, fleet management, increased profitability of the enterprise, and improved efficiency of each employee, and the company as a whole.

Maruti Car Insurance Renewal in 5 Easy Steps Online

2. Key features of car rental management software

Often, the set of functions in a specific car rental management software depends on several factors: the developer’s experience and expertise, client requirements, and the company’s pricing policy. However, in most cases, such software possesses similar characteristics that consider the specifics of the car rental business.

Thus, the most commonly used functions of a car rental system are as follows:

With the help of specialized software, you can automate many business processes and routine tasks that used to require a lot of effort and time. Car rental reservations through the company’s website or mobile application, setting up notifications and mailings, and generating invoices – all these operations can be automated, which will significantly increase the efficiency of employees’ work.

Fleet management. One of the main advantages of specialized car rental software over generic software solutions is that it takes into account the specifics of the car rental business. With such a system, you can effectively manage your fleet, store the order history of each vehicle for further optimization, track the location of vehicles, their technical condition, and fuel level, and schedule maintenance work.

Information storage. Cloud solutions are convenient because they give you the opportunity to store important information regarding the company’s activities in one place. You can allocate secure access levels among company employees. This way, you can create and expand a database of clients and contractors, store contracts and financial documentation, and systematize reports based on various parameters.

Payments and other financial operations. The car rental system is designed in such a way as to increase the speed and efficiency of payment processing, which helps improve the quality of customer service. Thus, the software allows for automating invoice generation, contractor payment, refund of insurance deposits to users, and other financial operations, including the use of templates.

Risk management is a particularly important advantage for a car rental business owner. Car rental management software allows for minimizing risks and preventing financial losses through certain features, such as maintaining a database of client drivers, managing fines, tracking instances of dangerous driving, and preventing unauthorized access to the vehicle.

Marketing activities. You also have the opportunity to integrate the enterprise’s marketing strategy into specialized software, plan advertising campaigns, manage rates, launch seasonal promotions, analyze key marketing indicators, and create detailed reports on the effectiveness of promotional methods.

Statistics and reporting. You can analyze not only marketing indicators but also many others. Developers are incorporating more and more parameters into their software solutions, allowing you to keep statistics, create detailed reports, and plan company activities based on market conditions and the specific characteristics of your business.

3. Choosing the right car rental management software

The number of companies offering car rental software development services is growing every year. Therefore, it is crucial to choose a reliable contractor for effective collaboration.

When selecting a partner, attention should be paid to the following factors:

Price policy. Examine the offers of several companies to compare them based on the price-to-quality ratio. If you are limited in budget, pay attention to the cost and functionality of developer package deals. However, if you intend to order the development of a customized system according to your requirements, take into account that such a service will be more expensive.

User-friendliness. It is crucial for the car rental system to have a convenient, intuitive, and multifunctional interface. This will help company employees undergo training more quickly and make the most of the software’s advantages.

Feature set. Pay attention to the functions provided in the standard developer packages. For the owner of a car rental business, it is particularly important that the software allows for automating reservations, processing payments, conducting other financial operations, and tracking the status and location of vehicles. If you have a need for additional specific functions, inquire about the possibility of integrating them into the software.

bmw cars Vehicle Tech affect

Company reputation. It is equally important how many years the company has been operating in the market, as it is a good indicator of the contractor’s experience and expertise in the field of specialized software development. Look for information about the company, customer reviews, and examples of already implemented projects for car rental management software integration.

Scalability. Find out in advance how flexible the terms of cooperation are offered by the development company. It is in your best interest to not only obtain a quality software solution but also have the ability to make changes to it and add new features considering the development and further scaling of your business.

Technical support. Another important factor to consider when choosing a contractor is the quality of technical support. It should be provided not only during the implementation of the software and training of personnel but also include regular software updates, prompt resolution of technical issues, and readiness to answer additional customer questions.

By considering these factors when choosing a contractor, you will be able to find an experienced and reliable partner for productive and long-term cooperation.

4. Benefits and payback of software

Have you already confirmed that specialized software has extensive functionality and can help optimize the operations of the car rental business? Here are the 5 main advantages that a car rental company can gain by implementing such a software solution:

Improved efficiency.

The implementation of a car rental system simplifies many routine tasks through process automation. As a result, employees of the company have more free time to dedicate to more important tasks, the speed of operations increases, the work of all company departments is synchronized, and the efficiency of activities significantly improves.

Cost reduction.

Automating reservations and other operations allows for significant cost reduction and budget optimization for the company. This, in turn, leads to a quick return on investment in the software and enables an increase in net profit from the business activities. Thus, you have more opportunities to invest in the further development of the car rental company.

Service quality improvement.

Increased speed in processing requests, convenient online payment system configuration, database management, integration of marketing activities, and the ability to manage tariffs — all these advantages contribute to improving the quality of customer service. As a result, you increase customer loyalty and attract more new users.

Fleet management.

Car rental management software allows for minimizing risks and unforeseen expenses through fleet control. You can track the location of each vehicle using GPS trackers, manage fines, create a database of drivers, keep records of instances of dangerous driving, add a feature for documenting damages, and adhere to the schedule of vehicle maintenance.

Analysis and planning.

In specialized software, you can view statistics, analyze data, and generate reports on various indicators. This helps forecast market changes, adjust business strategy, and incorporate the acquired data into the company’s marketing plan. As a result, you have more opportunities for dynamic development and scaling of the car rental business.

Conclusion

The implementation of car rental software is becoming increasingly important for companies operating in this industry. Such software allows for the automation and simplification of reservation processes, payment processing, and fleet management, thereby enhancing the efficiency of each employee’s work and the overall enterprise.

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