Five minutes with Adam Simkin, Head of Business Development, Autofleet
Can you please share a little about yourself with our visitors?
I am the head of business development at autofleet, a startup based in Tel Aviv that has pioneered the first Vehicle as a service platform, a software layer that optimizes vehicle fleets to create an elastic supply to serve any source of demand. Our platform optimizes vehicle assets from any fleet to serve on-demand mobility services such as ride-sharing and ride-pooling, as well as delivery and logistics operations. We use machine learning for demand prediction, dynamic pricing, automated fleeting/defleeting and demand-supply matching optimization in real time – all to ensure high levels of fleet utilization while providing a seamless customer experience. We’ve already partnered with some of the largest fleets on the planet.
My person background is in financial and management consulting, and in my previous role I was head of analytics at the ride-hailing company, Gett.
Can you please tell us why you chose to exhibit at CiTTi 2019?
We are excited to engage with the diverse group of public and private sector representatives looking for innovate transport solutions. We share the vision of creating more sustainable and efficient business models for customer transport while also increasing access to modern mobility options. After the massive growth in mobility services such as ride-sharing and on-demand delivery, cities are starting to organize and action to make sure that these services integrate into a harmonious city life, and we’re looking to support officials as they tackle questions like congestion reduction, service accessibility, autonomous services, and more.
What will you be sharing with visitors to the exhibition?
We will be presenting a live demo of our Vehicle as a Service platform, and showing fleet managers and transportation authorities how they can optimize current business models and open new mobility services.
What do you feel are the biggest challenges facing the industry at the moment?
On-demand mobility services have grown aggressively to become a massive industry, but they have brought significant challenges as well. They have increased congestion and harmful emissions, created unsustainable employment situations fro drivers, and are largely still subsidized services that have been unable to reach profitability.
Customers benefit from the increased access to dynamic mobility options, and these services have encouraged the trend away from private vehicle ownership, but a dramatic shift needs to occur in the model in order to allow these services to grow in a way that is in synergy with cities, not against them. As cities and mobility service providers look to address these issues, there is a need for platforms that know how to connect and utilize the existing resources in the mobility value chain in order to maximize overall efficiency of transportation networks.