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Matthew Ellis 1/31/2011CS410 Blue Team1. Outline What is the problem? Societal Impact Solution ...

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Matthew Ellis 1/31/2011 CS410 Blue Team 1
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Page 1: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Matthew Ellis

1/31/2011 CS410 Blue Team 1

Page 2: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Outline What is the problem? Societal Impact Solution How it works Market Competition Why P.A.T? Potential Downfalls Conclusion Works Cited

1/31/2011 CS410 Blue Team 2

Page 3: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

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

1/31/2011 CS410 Blue Team 3

Insurance Information Insititue

Page 4: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

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”

1/31/2011 CS410 Blue Team 4

Insurance Information Institute

Page 5: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Impact cont.Most stolen vehicles in Virginia in 2009

1/31/2011 CS410 Blue Team 5

Rank Name Year

1 Accord 1996

2 Civic 1999

3 Caravan 1996

4 Camry 2009

5 F150 1997

6 Explorer 1999

7 Jeep Cherokee

1996

8 Corolla 2009

9 Taurus 1996

10 Altima 2005

Source: National Insurances Crime Bureau

Is your vehicle in the top ten?

Page 6: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Solution

P.A.T

Personal Auto TrackerA tracking device that can be used on a cell

phone to track your vehicle in real time in the event of a theft.

1/31/2011 CS410 Blue Team 6

Page 7: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

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

1/31/2011 CS410 Blue Team 7

Page 8: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Market

Auto OwnersSpecifically: Those who do not have full

coverage insurance.

1/31/2011 CS410 Blue Team 8

Page 9: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Compitition Onstar – Stolen Vehicle Assistance

Found on select GM vehiclesUses GPS to track vehicles remotelyCan then shutdown vehicles engine to thwart

the thief$20-$30/month fee

1/31/2011 CS410 Blue Team 9

Source – onstar.com

Page 10: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

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

1/31/2011 CS410 Blue Team 10

Source – lojack.com

Page 11: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Why P.A.T?

Combines the best of both worldsAftermarket productReal time remote tracking not limited by

distanceProvides the owner with a means to track

the vehicle as well as police○ Peace of mind

Cost effective○ ~$200-$300 one time fee

1/31/2011 CS410 Blue Team 11

Page 12: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Potential Downfalls

CompititionOnstar and Lojack have been around for

awhile and are strong competitorsBoth have a solid client base

1/31/2011 CS410 Blue Team 12

Vs. Vs. P.A.T

Page 13: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

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.

1/31/2011 CS410 Blue Team 13

Page 14: Matthew Ellis 1/31/2011CS410 Blue Team1. Outline  What is the problem?  Societal Impact  Solution  How it works  Market  Competition  Why P.A.T?

Works Cited NICB – National Insurances Crime Bureau

https://www.nicb.org/newsroom/nicb_campaigns/hot%E2%80%93wheels/hot-wheels-2009

LoJackhttp://www.lojack.com/

OnStarhttp://www.onstar.com/web/portal/home

Insurance Information Institutehttp://www.iii.org/issues_updates/auto-theft.html

1/31/2011 CS410 Blue Team 14


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