the future of taxicab services
TRANSCRIPT
The Future of Taxicab Services
A Brief Overview By Harish Shah
The Taxi ServiceThe Basics
A vehicle for hire
To & From Locations of Passengers’ Choice
Rides may be Shared or Non-Shared
Flexible Routing
May be Hailed or Pre-Booked
Chauffeured – The Commuter does not drive
The FutureWhat’s shaping it
Sharing Economy Culture
Any Vehicle Owner can Avail a Ride for a FareChanges the Dynamics of Competition for Traditionally Modelled Operators
Smart Devices
Increased AccessIncreased Speed
Increased OptionsMore Efficient Booking or Hailing
Smart Applications
Improved ProcessesIncreased Reach
Increased Opportunities & ThreatsMake New Business Models PossibleCatalyst for Sharing Economy Culture
Autonomous Vehicles
No need for a Human DriverEasier for Owners to “Share” their Cars when not Travelling Themselves
Internet of Things
Interconnection of EverythingMakes it Easier to Track Autonomous Vehicles and Plan or Distribute Usage
Your Smart Agent will Manage Everything for you, including the Car
Taxi Operators of TomorrowWhat They’ll Be Like
Taxi Operators Will Manage A Fleet of Self-Driving Vehicles Without Human Drivers
There Will Be No Call Centres But App Based Booking and Hailing
They Will Compete With Private Car Owners Sharing Their Driverless Vehicles on Platforms Like Uber
The Fare Rates Will See A Downward Race
