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Urgently Earns AutoTech Breakthrough Award for ‘Overall Transportation Tech of the Year’

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Urgently, a leading digital roadside and mobility assistance technology provider, has won the 'Overall Transportation Tech of the Year' award in the 2024 AutoTech Breakthrough Awards. The company was recognized for its next-generation yield-based pricing technology, introduced earlier this year.

This AI-driven dynamic pricing technology helps predict and optimize job prices for roadside assistance services, leading to improved customer experiences. It allows Urgently to better manage demand surges, similar to ride-hail services' surge pricing. The technology empowers Urgently's partners to build roadside assistance programs that:

  • Maximize performance while maintaining stable costs
  • Balance performance and cost by market
  • Increase performance by market or job attribute

Matt Booth, CEO of Urgently, attributed the award to the company's data and engineering teams, highlighting their continuous efforts to advance the roadside experience through technology.

Urgently, un importante fornitore di tecnologia per assistenza stradale e mobilità, ha vinto il premio 'Overall Transportation Tech of the Year' ai 2024 AutoTech Breakthrough Awards. L'azienda è stata riconosciuta per la sua tecnologia di pricing dinamico basata sul rendimento di nuova generazione, introdotta all'inizio di quest'anno.

Questa tecnologia di pricing dinamico guidata dall'AI aiuta a prevedere e ottimizzare i prezzi dei lavori per i servizi di assistenza stradale, portando a un'esperienza cliente migliorata. Permette a Urgently di gestire meglio le situazioni di aumento della domanda, simile ai prezzi dinamici dei servizi di ride-hailing. La tecnologia consente ai partner di Urgently di costruire programmi di assistenza stradale che:

  • Massimizzano le performance mantenendo costi stabili
  • Equilibrano performance e costi per mercato
  • Aumentano le performance per mercato o attributo del lavoro

Matt Booth, CEO di Urgently, ha attribuito il premio ai team di data e ingegneria dell'azienda, mettendo in evidenza i loro sforzi continui per migliorare l'esperienza stradale attraverso la tecnologia.

Urgently, un proveedor líder de tecnología de asistencia en carretera y movilidad, ha ganado el premio 'Overall Transportation Tech of the Year' en los 2024 AutoTech Breakthrough Awards. La compañía fue reconocida por su tecnología de precios dinámica basada en rendimiento de última generación, introducida a principios de este año.

Esta tecnología de precios dinámica impulsada por IA ayuda a predecir y optimizar los precios de trabajos para servicios de asistencia en carretera, mejorando así la experiencia del cliente. Permite a Urgently gestionar mejor los picos de demanda, similar a la tarificación por demanda de los servicios de transporte compartido. La tecnología permite a los socios de Urgently construir programas de asistencia en carretera que:

  • Maximizar el rendimiento mientras se mantienen los costos estables
  • Equilibrar rendimiento y costo por mercado
  • Aumentar el rendimiento por mercado o atributo del trabajo

Matt Booth, CEO de Urgently, atribuyó el premio a los equipos de datos e ingeniería de la compañía, destacando sus esfuerzos continuos por avanzar en la experiencia en carretera a través de la tecnología.

Urgently는 주요 디지털 도로 및 이동 보조 기술 제공업체로서 2024 AutoTech Breakthrough Awards에서 '올해의 종합 교통 기술' 상을 수상했습니다. 이 회사는 올해 초 도입한 차세대 수익 기반 가격 책정 기술으로 인정받았습니다.

AI 기반 동적 가격 책정 기술는 도로 지원 서비스의 작업 가격을 예측 및 최적화하는 데 도움을 줘 고객 경험을 개선합니다. Urgently는 이는 승차 호출 서비스의 수요 급증 시 가격과 유사한 패턴을 관리하는 데 유용합니다. 이 기술은 Urgently의 파트너가 다음과 같은 도로 지원 프로그램을 구축하도록 지원합니다:

  • 비용을 안정적으로 유지하면서 성능을 극대화합니다
  • 시장에 따라 성능과 비용의 균형을 맞춥니다
  • 시장 또는 작업 특성에 따라 성능을 증가시킵니다

Matt Booth, Urgently의 CEO는 이 상을 회사의 데이터 및 엔지니어링 팀 덕분이라고 하며, 기술을 통해 도로 경험을 개선하기 위한 지속적인 노력을 강조했습니다.

Urgently, un fournisseur leader de technologies d'assistance routière et de mobilité, a remporté le prix 'Overall Transportation Tech of the Year' lors des 2024 AutoTech Breakthrough Awards. L'entreprise a été reconnue pour sa technologie de tarification dynamique basée sur le rendement de nouvelle génération, introduite plus tôt cette année.

Cette technologie de tarification dynamique alimentée par l'IA aide à prédire et à optimiser les prix des services d'assistance routière, améliorant ainsi l'expérience client. Elle permet à Urgently de mieux gérer les pics de demande, similaire à la tarification dynamique des services de covoiturage. La technologie permet aux partenaires d'Urgently de construire des programmes d'assistance routière qui :

  • Maximisent la performance tout en maintenant des coûts stables
  • Équilibrent performance et coût par marché
  • Augmentent la performance par marché ou attribut de travail

Matt Booth, PDG d'Urgently, a attribué le prix aux équipes de données et d'ingénierie de l'entreprise, mettant en avant leurs efforts continus pour améliorer l'expérience routière grâce à la technologie.

Urgently, ein führender Anbieter von digitalen Straßen- und Mobilitätsassistenztechnologien, hat den Preis 'Overall Transportation Tech of the Year' bei den 2024 AutoTech Breakthrough Awards gewonnen. Das Unternehmen wurde für seine technologie zur ertragsbasierten Preisgestaltung der nächsten Generation, die Anfang dieses Jahres eingeführt wurde, ausgezeichnet.

Diese KI-gesteuerte dynamische Preisgestaltungstechnologie hilft dabei, die Preise für Dienstleistungen der Straßenassistenz vorherzusagen und zu optimieren, was zu einer verbesserten Kundenerfahrung führt. Sie ermöglicht es Urgently, Nachfragespitzen besser zu steuern, ähnlich wie die dynamische Preisgestaltung von Mitfahrdiensten. Die Technologie befähigt die Partner von Urgently, Programme für Straßenassistenz zu entwickeln, die:

  • Die Leistung maximieren und gleichzeitig stabile Kosten erhalten
  • Leistung und Kosten marktgerecht ausbalancieren
  • Die Leistung nach Markt oder Arbeitsattribut steigern

Matt Booth, CEO von Urgently, schrieb den Preis den Daten- und Ingenieurteams des Unternehmens zu und hob deren kontinuierliche Bemühungen hervor, die Straßenassistenz mithilfe von Technologie voranzutreiben.

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Urgently was recognized for its next-generation yield-based pricing technology, introduced earlier this year.

VIENNA, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced it has earned the “Overall Transportation Tech of the Year” award in the 2024 AutoTech Breakthrough Awards, conducted by AutoTech Breakthrough, a leading market intelligence organization that recognizes the standout companies, products and services in the global automotive and transportation technology markets today. This year's program attracted thousands of nominations from over 15 different countries throughout the world.

Urgently was recognized for its next-generation yield-based pricing technology, which was introduced earlier this year. This AI-driven dynamic pricing technology makes it possible to reliably predict and optimize job prices for roadside assistance services, leading to higher-quality customer experiences. Real-time yield-based pricing allows Urgently to better manage surges in roadside assistance demand, similar to surge pricing used by ride-hail services.

Insights and predictive pricing generated by this technology empower Urgently’s customer partners to build roadside assistance programs that best fit their business goals, such as:

  • Maximizing performance while maintaining a stable cost structure
  • Balancing performance and cost by market
  • Increasing performance by market or job attribute, such as a premium/VIP program

“This award is the result of our hard-working data and engineering teams who developed our yield-based pricing technology, and who continually look for ways to apply technology to advance the roadside experience,” said Matt Booth, Chief Executive Officer, Urgently. “We're thrilled to be featured alongside other automotive technology leaders and to be recognized for our innovative work in this industry.”

For more information about Urgently’s roadside and mobility assistance solutions, visit https://www.geturgently.com/industry-solutions.

More information about the AutoTech Breakthrough Awards is available at https://autotechbreakthrough.com/.

About Urgently

Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

Forward Looking Statements

This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s yield-based pricing technology. These statements are based on the current assumptions of Urgently’s management and are neither promises nor guarantees, but involve a significant number of factors that may cause our actual performance or achievements to be materially different from any future performance or achievements stated or implied by the forward-looking statements. For factors that could cause actual results to differ materially from the forward-looking statements in this press release, please see the risks and uncertainties detailed in our filings with the Securities and Exchange Commission (“SEC”), including in our annual report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on March 29, 202, our quarterly reports on Form 10-Q, including our quarterly report on Form 10-Q for the quarter ended June 30, 2024, which was filed with the SEC on August 13, 2024, and other filings and reports that we may file from time to time with the SEC. All forward-looking statements reflect Urgently’s beliefs and assumptions only as of the date of this press release. Urgently undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

Contacts:
For Press: media@geturgently.com
For Investors: investorrelations@geturgently.com


FAQ

What award did Urgently (ULY) win in 2024?

Urgently (ULY) won the 'Overall Transportation Tech of the Year' award in the 2024 AutoTech Breakthrough Awards.

What technology was Urgently (ULY) recognized for in the 2024 AutoTech Breakthrough Awards?

Urgently (ULY) was recognized for its next-generation yield-based pricing technology, which was introduced earlier in 2024.

How does Urgently's (ULY) yield-based pricing technology benefit roadside assistance services?

Urgently's (ULY) yield-based pricing technology helps predict and optimize job prices, manage demand surges, and allows partners to build customized roadside assistance programs that fit their business goals.

What are the key features of Urgently's (ULY) award-winning technology?

Urgently's (ULY) technology is AI-driven, offers dynamic pricing, predicts and optimizes job prices, manages demand surges, and provides insights for customized roadside assistance programs.

Who is the CEO of Urgently (ULY) mentioned in the press release?

The CEO of Urgently (ULY) mentioned in the press release is Matt Booth.

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