Macro Micro Michael Marco & Startups at the Edge (M4Edge)

Mobility Miniseries part 2: Shai Suzan of WayCare, and how to optimize traffic flow using LOTS of data

July 25, 2019 Marco Annunziata and Michael Leifman/ Shai Suzan Season 1 Episode 19
Macro Micro Michael Marco & Startups at the Edge (M4Edge)
Mobility Miniseries part 2: Shai Suzan of WayCare, and how to optimize traffic flow using LOTS of data
Show Notes

With today’s episode we continue our exploration of the Future of Mobility: how technology is starting to impact—hopefully for the better-- the way we move around our cities and beyond.

Today we talk to Shai Suzan, Cofounder and CIO of WayCare Technologies

When we think of mobility, we think first and foremost about speed and safety. We want to get from point A to point B quickly, without getting stuck in interminable traffic jams; and we want to get there safely. 

Waycare Tech uses Artificial Intelligence to deliver exactly this. It has already notched up some impressive achievements, reducing accidents and congestions, and improving the response time of emergency vehicles when accidents do occur.

How does Waycare Tech do it? They have developed a software that can link together a city’s Traffic Management System with a number of other relevant data sources, from traffic lights to connected vehicles via navigation apps. 

Waycare Tech’s AI turns those data into predictive analytics, and translates them into real-time advice. Looking at real time traffic patterns, it is able to identify spots where congestion is about to occur, and advise drivers how to avoid them; it can pinpoint areas where accidents are more likely to occur soon, allowing city authorities to deploy emergency vehicles in the vicinity—this saves lives by getting accident victims to a hospital faster. 

The predictive aspect is key. Existing navigation apps can already tell you when a segment of your commuting route is already backed up— but Waycare Tech can tell you if it will be backed up by the time you get to it.

We discuss cybersecurity and privacy concerns, how connected vehicles can act as “virtual sensors” complementing the existing infrastructure, and how these technologies can already help the sprawling megacities in emerging markets.

There is a lot to absorb and think about in this episode, and all of it maps directly to our daily experience.

As always, we ask that you share the episode with a friend, share on social media, and help us spread the word!