Roadzen Chosen by One of the World’s Largest LPG Carriers to Bring AI to its Fleet for Road Safety and Compliance
Roadzen Inc. (NASDAQ: RDZN) has secured a five-year contract with a major Indian LPG supplier to implement its drivebuddyAI system across their fleet of over 500 vehicles. The contract is expected to generate seven-figure revenue over its term. DrivebuddyAI, the first system to receive ARAI certification under India's AIS184 standard, was selected after a five-month validation process against leading competitors.
The system features advanced AI-powered safety capabilities including 98-point landmark tracking for driver eye movement, real-time monitoring, and predictive analytics. Key features include distraction alerts, drowsiness detection, focus monitoring, and emotion tracking. The technology aims to enhance driver safety, reduce risks, and optimize fleet operations while ensuring compliance with regulatory standards.
Roadzen Inc. (NASDAQ: RDZN) ha ottenuto un contratto di cinque anni con un importante fornitore indiano di GPL per implementare il suo sistema drivebuddyAI su una flotta di oltre 500 veicoli. Si prevede che il contratto genererà entrate a sei cifre nel suo periodo di validità. DrivebuddyAI, il primo sistema a ricevere la certificazione ARAI secondo lo standard AIS184 dell'India, è stato selezionato dopo un processo di validazione di cinque mesi rispetto ai principali concorrenti.
Il sistema presenta capacità di sicurezza avanzate alimentate da intelligenza artificiale, comprese 98 punti di tracciamento dei punti di riferimento per il movimento degli occhi del conducente, monitoraggio in tempo reale e analisi predittive. Le caratteristiche chiave includono avvisi di distrazione, rilevamento della sonnolenza, monitoraggio della concentrazione e tracciamento delle emozioni. La tecnologia mira a migliorare la sicurezza del conducente, ridurre i rischi e ottimizzare le operazioni della flotta, garantendo nel contempo la conformità agli standard normativi.
Roadzen Inc. (NASDAQ: RDZN) ha asegurado un contrato de cinco años con un importante proveedor de GPL en India para implementar su sistema drivebuddyAI en toda su flota de más de 500 vehículos. Se espera que el contrato genere ingresos de siete cifras durante su vigencia. DrivebuddyAI, el primer sistema en recibir la certificación ARAI bajo el estándar AIS184 de India, fue seleccionado tras un proceso de validación de cinco meses en comparación con los principales competidores.
El sistema cuenta con capacidades de seguridad avanzadas impulsadas por inteligencia artificial, que incluyen el seguimiento de 98 puntos para el movimiento ocular del conductor, monitoreo en tiempo real y análisis predictivos. Las características clave incluyen alertas de distracción, detección de somnolencia, monitoreo de la concentración y seguimiento de las emociones. La tecnología tiene como objetivo mejorar la seguridad del conductor, reducir riesgos y optimizar las operaciones de la flota, asegurando al mismo tiempo el cumplimiento de las normativas.
Roadzen Inc. (NASDAQ: RDZN)는 인도의 주요 LPG 공급업체와 5년 계약을 체결하고 drivebuddyAI 시스템을 500대 이상의 차량 플릿에 도입합니다. 이 계약은 기간 동안 7자리 수익을 창출할 것으로 예상됩니다. DrivebuddyAI는 인도의 AIS184 표준에 따라 ARAI 인증을 받은 첫 번째 시스템으로, 주요 경쟁사와의 5개월 검증 과정을 거쳐 선정되었습니다.
이 시스템은 드라이버의 눈 움직임에 대한 98점 랜드마크 추적, 실시간 모니터링, 예측 분석을 포함한 고급 AI 기반 안전 기능을 특징으로 합니다. 주요 기능에는 주의 산만 경고, 졸음 감지, 집중 모니터링 및 감정 추적이 포함됩니다. 이 기술은 운전자의 안전을 강화하고 위험을 줄이며 규제 기준을 준수하면서 차량 운영을 최적화하는 것을 목표로 합니다.
Roadzen Inc. (NASDAQ: RDZN) a conclu un contrat de cinq ans avec un important fournisseur de GPL indien pour mettre en œuvre son système drivebuddyAI dans l'ensemble de sa flotte de plus de 500 véhicules. Ce contrat devrait générer des revenus à sept chiffres pendant sa durée. DrivebuddyAI, le premier système à obtenir la certification ARAI selon la norme AIS184 en Inde, a été sélectionné après un processus de validation de cinq mois face aux principaux concurrents.
Le système dispose de capacités de sécurité avancées alimentées par l'intelligence artificielle, y compris un suivi des points de repère à 98 points pour le mouvement des yeux du conducteur, une surveillance en temps réel et des analyses prédictives. Les fonctionnalités clés comprennent des alertes de distraction, la détection de la somnolence, le suivi de la concentration et le suivi des émotions. La technologie vise à améliorer la sécurité des conducteurs, réduire les risques et optimiser les opérations de la flotte tout en garantissant le respect des normes réglementaires.
Roadzen Inc. (NASDAQ: RDZN) hat einen fünfjährigen Vertrag mit einem großen indischen LPG-Anbieter abgeschlossen, um sein drivebuddyAI System in der Flotte von über 500 Fahrzeugen zu implementieren. Es wird erwartet, dass der Vertrag über dessen Laufzeit siebenstellige Einnahmen generiert. DrivebuddyAI, das erste System, das die ARAI-Zertifizierung nach dem indischen AIS184-Standard erhalten hat, wurde nach einem fünfmonatigen Validierungsprozess ausgewählt, der mit führenden Wettbewerbern verglichen wurde.
Das System verfügt über fortschrittliche KI-gestützte Sicherheitsfunktionen, einschließlich 98-Punkt-Landmarken-Tracking der Augenbewegungen des Fahrers, Echtzeitüberwachung und prädiktive Analysen. Zu den wichtigsten Funktionen gehören Ablenkungswarnungen, Müdigkeitserkennung, Aufmerksamkeitsüberwachung und Emotionsverfolgung. Die Technologie zielt darauf ab, die Sicherheit des Fahrers zu erhöhen, Risiken zu verringern und die Flottenoperationen zu optimieren, während sie gleichzeitig die Einhaltung der regulatorischen Standards gewährleistet.
- Secured five-year contract with major LPG supplier for 500+ vehicles
- Expected seven-figure revenue over contract term
- First system to receive ARAI certification under India's AIS184 standard
- Potential market expansion into European markets due to alignment with EU 2144 regulation
- None.
Insights
This contract win represents a significant milestone for Roadzen, with the
The LPG sector presents a strategic growth opportunity due to strict safety requirements and insurance cost pressures. DrivebuddyAI's comprehensive feature set, including 98-point landmark tracking and predictive analytics, addresses critical pain points in fleet management while potentially reducing insurance premiums. With a market cap of
DrivebuddyAI's technological capabilities are impressive, particularly its advanced driver monitoring system utilizing 98-point landmark tracking for eye movement analysis. The integration of real-time monitoring, predictive analytics and two-way communications creates a comprehensive safety solution that surpasses conventional ADAS systems. The platform's AI and machine learning algorithms enable sophisticated features like emotion tracking and drowsiness detection, demonstrating significant technical advancement in the field.
The ARAI certification under AIS184 validates the system's technical excellence and compliance with stringent safety standards. This regulatory approval, aligned with EU 2144 requirements, positions DrivebuddyAI advantageously for European market expansion. The successful five-month validation process against leading competitors further confirms the platform's technical superiority in the video telematics and ADAS space.
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that a leading liquefied petroleum gas (LPG) supplier in India—a wholly owned subsidiary of one of the world’s largest LPG companies—will outfit its entire truck fleet with Roadzen’s drivebuddyAI. The system will monitor driver fatigue and provide real-time feedback to drive improvements in safety and compliance.
Roadzen’s drivebuddyAI was selected following a comprehensive five-month validation process, competing against the world’s leading video telematics and ADAS vendors. The contract, which carries a term of five years for more than 500 vehicles, is expected to deliver over seven figures in revenue over the term.
As the first system to receive Automotive Research Association of India (ARAI) certification under India’s Automotive Industry Standard 184, Roadzen’s DrivebuddyAI offers an unparalleled suite of advanced features designed to enhance driver safety, mitigate risks, improve driver performance, and optimize fleet operations. Leveraging state-of-the-art artificial intelligence and machine learning algorithms combined with video-telematics, DrivebuddyAI enables real-time monitoring, audio warnings and tagging recorded incidents, predictive analytics, and proactive collision avoidance capabilities. Featuring 98-point landmark tracking focused on the driver’s eye movement combined with 2-way communications, DrivebuddyAI is at the forefront of innovation for in-cabin analysis incorporating the most advanced safety features including distraction alert, drowsiness alert, focus monitoring, and emotion tracking capabilities.
Rohan Malhotra, founder and CEO of Roadzen, commented, “LPG suppliers and distributors care deeply about road safety due to the sensitive nature of cargo being transported. We’re seeing some of the leading players in this space adopt AI to enhance safety features across their fleets and reduce insurance premiums. As the first and only Advanced Driver Assistance System currently validated by the government of India to offer an integrable solution to vehicles seeking compliance with the AIS184 regulation— which is closely aligned with EU 2144 in Europe—we expect traction not just in India but also across European markets where safety and compliance remain top priorities. We’re looking at a highly active sales calendar for DrivebuddyAI and are fully prepared to meet the demand.”
For more information about Roadzen Inc. and DrivebuddyAI, please visit https://roadzen.ai/
About Roadzen Inc.
Roadzen Inc. (Nasdaq: RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). Thousands of clients, from the world’s leading insurers, carmakers, and fleets, to dealerships, and auto insurance agents, use Roadzen’s technology to build new products, sell insurance, process claims, and improve road safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned Roadzen recognition as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research at the intersection of mobility and insurance, ushering in a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 379 employees across its global offices in the US, India, UK, and France. To learn more, please visit www.roadzen.ai
Media Contacts:
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