Driver behavior management is a key part of logistics company operation. Unsafe driver behavior not only threatens road safety but also damages the company's reputation, and worse yet, it might incur large legal expenses.
OmniEyes provides a total, flexible, and cost-effective fleet management solution built on Edge AI technologies to help logistics companies create a next-generation fleet system by optimizing their resource allocation and intelligently raising their management efficiency.
OmniEyes was founded in 2019 by Chun-Ting Chou, Ai-Chun Pang, and Shou-De Lin, three professors at the College of Electrical Engineering and Computer Science, National Taiwan University. The startup was established with the support of a project jointly promoted by the Ministry of Education and the National Science and Technology Council to encourage scholars to commercialize their research achievements and vitalize Taiwan's startup scene.
According to CEO Chun-Ting Chou, OmniEyes was founded to use AI-based image recognition for real-time analyses of images captured by dashboard cameras. The team then progressed to focusing on commercial fleet management solutions built on Edge AI technologies for instant detection of driver misconduct such as running a red light and parking illegally to help fleet owners stay on top of driver behavior management.
MyFleet Web Portal featuring an interactive driver-coaching platform.
Photo: OmniEyes
Boasting software and hardware strengths, MyFleet enables three fleet management advantages
Built on both software and hardware strengths, OmniEyes' fleet management solution MyFleet runs on an AI Box PC, featuring a Qualcomm chipset, LTE, Wi-Fi, and Bluetooth communication modules, and Android OS. The device supports front and rear cameras and a variety of sensors to deliver all-round monitoring capabilities.
In terms of software features, MyFleet is equipped with OmniEyes' in-house developed AI image recognition system that processes video data at the edge in real-time and then sends the event-triggered information to the cloud platform for users to access through a web browser.
Chou noted that OmniEyes' MyFleet enables three major advantages. First, by detecting images of driver behavior and vehicle surroundings, reminding the driver to stop before passing through an intersection, and alerting the driver of a red light ahead, the solution provides not only warnings beforehand but also analytics afterward. Fleet owners have access to complete data, allowing them to enhance fleet management efficiency and performance.
Second, by equipping the in-vehicle device with Edge AI image processing capabilities, MyFleet significantly reduces data transmission costs. Third, built with a software-centric design, MyFleet supports Over-The-Air (OTA) updates and upgrades, thereby reducing the need for hardware replacements. Furthermore, OmniEyes also provides customized design services to help fleet owners create a fleet management platform suited to their requirements.
MyFleet is available in two business models. Customers can make a one-time purchase of the AI box and then pay a monthly fee for using the SaaS MyFleet web portal. Alternatively, they can pay a monthly fee for the use of the hardware and software. Customers have the flexibility to choose a model based on their capex and opex.
OmniEyes' solutions have been adopted by well-known third-party logistics companies such as Taiwan Pelican Express and Ally Transport, first-party logistics such as Youbike (Giant Group) as well as taxi and rehabilitation bus fleets to optimize their management efficiency. Customer feedback indicates a 75% reduction in traffic accidents and a 70% reduction in traffic tickets and liability expenses since their adoption of MyFleet. This proves that not only does MyFleet improve fleet management efficiency but it also effectively lowers operation risks, bringing substantial benefits to logistics companies and commercial fleets.
In terms of overseas expansion, OmniEyes has made significant progress thanks to its differentiation strategies. Its MyFleet platform has been adopted by the India branch of an international logistics fleet for its fleet of 370 trucks. Validation projects with potential customers in Japan and the U.S. are underway. OmniEyes expects definite results in the near future.
A positive startup environment nurtures OmniEyes while TTA boosts its visibility
For the successful real-world applications of OmniEyes' technologies, Chou gave thanks to the OmniEyes team for their effort. He also identified Taiwan's growingly complete startup environment and TTA's support as key contributing factors. Taiwan has an increasing number of startup accelerators and incubators that guide startup founders on everything including business operation, customer development, fundraising, and organization management.
The startups also form an ecosystem where they share experiences and learn from one another. With TTA's support, OmniEyes can increase the visibility of its technologies and products and reach out to more potential investors and customers. Chou emphasized that the increased visibility is critical to the company's early-stage growth. He concluded by noting that Taiwan's startup scene is developing in a positive cycle. He hopes that industry-government-academia collaborations will continue to improve Taiwan's startup environment and invigorate Taiwan's economy.