Reduction in warranty costs using IoT data
LatentView Analytics developed a scalable, self-serving analytics platform that helped the client understand usage patterns for their products and test product related hypotheses.
Costs incurred due to warranty claims had a negative impact on the bottom line. The client was looking to minimize warranty claims by correlating vehicle usage/driving styles with expensive and severe claims using IoT data from vehicles.
LatentView Analytics developed a scalable and self-service code-free AI platform for analytics on connected vehicles that could be used to identify vehicle usage patterns by providing data from these vehicles.
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