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Greater Than celebrates 20th anniversary of its cutting-edge AI data analytics technology
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Uniquely, Greater Than’s AI harmonizes driving data from any source to measure driver influence on crash probability and climate impact.
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The global mobility industry uses this information for insurance pricing, accident prevention and ESG reporting, driven by companies and enhanced by new regulations such as CSRD.
Greater Than (GREAT.ST), the global provider of data on driver crash probability and climate impact, is proud to announce the 20th anniversary of its artificial intelligence (AI) technology.
Since its inception in 2004, the AI has been trained on real data on claims, fuel and energy consumption from over 106 countries and 1,600 cities, creating a database of over 7 billion unique driver DNA (ways to drive a vehicle). This in-depth level of training allows AI to quickly predict crash probability and climate impact, regardless of vehicle type and location, making it the global benchmark for measuring driver influence on safety and durability.
Businesses around the world are using Greater Than’s AI insights to quantify, compare and mitigate risk and climate impact across an entire automotive fleet or population.
Over the last year, the company’s growth has been further enhanced by an increased focus on environmental, social and governance reporting, particularly the mobility requirements of the Sustainability Reporting Directive of companies (CSRD).
“This is such an exciting milestone for the Greater Than team! Twenty years of hard work, passion and extensive training have resulted in AI that is unlike anything else on the market,” said Liselott Johansson, CEO of Greater Than. “While many other AI companies are still in their early stages, our AI is so mature that it now requires minimal data points to generate quality results, ensuring a reliable and cost-effective solution for businesses from around the world wanting to measure, mitigate or report on driver issues. climate risk or impact.
AI was born in 2004 after a chance meeting late the previous year between co-founders Sten Forseke and Anders Lindelöf. Sten, founder of a company that designed and manufactured electronics and telematics systems for automotive OEMs, recognized that “traditional” telematics metrics – while good for some aspects of fleet management – had no direct correlation with the risk of accidents or fuel consumption. He contacted Anders, an inventor and problem solver, who used an early form of AI called FASILL (fuzzy logic) to gradually train an algorithm with more and more criteria.
Over the years, Greater Than AI has become a patented and award-winning solution used by organizations around the world. The AI has received extensive validation, including:
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Approval from the Swedish Energy Agency
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Support for European Union funding from the European Commission for research and innovation
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A WWF Climate Solver Award for its potential to influence global CO2 economies through the GHG protocol
Additionally, AI is being used by the Fédération Internationale de l’Automobile (FIA) as part of its FIA Smart Driving Challenge, a global challenge for smart, safe and environmentally friendly driving, presented at the Conference United Nations on climate change. , COP28.
Greater Than makes its AI insights easily accessible to businesses, requiring just 1km of GPS driving data to get started. This can be shared via an API connection, such as a dashcam, connected vehicle, telematics device etc., or via a smartphone application. Its SaaS products can be used in any country, meaning customers with global operations can seamlessly measure the impact on drivers in different countries, with harmonized data across all vehicle types and all geographic regions.
Press contact, Above
PR@greatthan.eu
+46 855 593 200
www.biggerthan.eu
About Greater than
Greater Than is a driving data analytics company specializing in understanding the impact of drivers on the roads. Using the power of artificial intelligence (AI), Greater Than converts GPS data into driver scores that predict crash probability and climate impact. Scores can be further improved with additional information, including an analytics dashboard, prevention tool, and summary reports.
Insurance companies, underwriters, fleet solution providers, mobility providers and other GPS data owners use Greater Than’s analytics to optimize driver risk management, achieve vehicle profitability. insurance, manage sustainability and ESG reporting and monetize GPS data. Greater Than (GREAT.ST) is listed on the Nasdaq First North Growth Market. FNCA Sweden AB is the company’s certified advisor. Learn more about www.biggerthan.eu.
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