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Matthew Ellis. P.A.T PERSONAL Auto Tracker. Outline. What is the problem? Societal Impact Solution How it works Market Competition Why P.A.T? Potential Downfalls Conclusion Works Cited. What’s the problem?. Auto Theft accounts for one of the most expensive crimes in the United States
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Matthew Ellis P.A.TPERSONAL AutoTracker CS410 Blue Team
Outline • What is the problem? • Societal Impact • Solution • How it works • Market • Competition • Why P.A.T? • Potential Downfalls • Conclusion • Works Cited CS410 Blue Team
What’s the problem? • Auto Theft accounts for one of the most expensive crimes in the United States • “Every 40 seconds a vehicle is stolen in the United States” • 15 vehicles by the end of this presentation Insurance Information Insititue CS410 Blue Team
Impact • “In 2009 the value of stolen motor vehicles was nearly $5.4 billion” • “Only 12.4% of thefts were cleared by arrests or other means” Insurance Information Institute CS410 Blue Team
Impact cont. Most stolen vehicles in Virginia in 2009 Source: National Insurances Crime Bureau Is your vehicle in the top ten? CS410 Blue Team
Solution • P.A.T • Personal Auto Tracker • A tracking device that can be used on a cell phone to track your vehicle in real time in the event of a theft. CS410 Blue Team
How it works • Uses GPS technology to remotely track your vehicle in real time through a transmitter hidden in the vehicle. • P.A.T software tracks your vehicle and provides important information such as • Vehicle speed • Direction • Provides police non-emergency numbers depending on the location of the vehicle • In the event of a system failure, P.A.T can use radio frequency tracking as a backup to GPS CS410 Blue Team
Market • Auto Owners • Specifically: Those who do not have full coverage insurance. CS410 Blue Team
Compitition • Onstar – Stolen Vehicle Assistance • Found on select GM vehicles • Uses GPS to track vehicles remotely • Can then shutdown vehicles engine to thwart the thief • $20-$30/month fee Source – onstar.com CS410 Blue Team
Compitition cont. • LoJack • Uses radio frequency technology to track the vehicle • Claims a 90% recovery rate • “Most” police have receivers to track the vehicle and recover it • ~3 mile limit • $695-$995 Source – lojack.com CS410 Blue Team
Why P.A.T? • Combines the best of both worlds • Aftermarket product • Real time remote tracking not limited by distance • Provides the owner with a means to track the vehicle as well as police • Peace of mind • Cost effective • ~$200-$300 one time fee CS410 Blue Team
Potential Downfalls • Compitition • Onstar and Lojack have been around for awhile and are strong competitors • Both have a solid client base P.A.T Vs. Vs. CS410 Blue Team
Conclusion • While P.A.T isn’t a new idea, it solves the short falls of other tracking services in a way that is cost effective and reliable. • By letting the owner track his/her vehicle as well as police, the owner isn’t left at home guessing if the police are making progress toward recovery. • Can lead to the recovery of that one car or truck that holds that special place in your heart. CS410 Blue Team
Works Cited • NICB – National Insurances Crime Bureau https://www.nicb.org/newsroom/nicb_campaigns/hot%E2%80%93wheels/hot-wheels-2009 • LoJack http://www.lojack.com/ • OnStar http://www.onstar.com/web/portal/home • Insurance Information Institute http://www.iii.org/issues_updates/auto-theft.html CS410 Blue Team