As we sail through the vast technological oceans of 2023, decision-makers across the globe are contemplating how the formidable blend of generative AI and big data is instigating a revolution in the automotive sector. Today, we’re retracing the incredible progress made in the domains of big data, deep learning,
Based on Nexar's extensive network of dash cams equipped with motion sensors and edge-AI, our research created detailed and constantly updating behavioral maps. As cars become increasingly automated, they often struggle when their expectations based on maps don’t match the hard reality of the road. At Nexar, we believe
The cost of making maps in real time is dropping rapidly, thanks to a new generation of crowdsourcing and edge AI technologies. These technologies enable connected vehicles and dash cams to create fresh data-rich maps automatically from the road without human intervention. In this essay, we'll take a look at
The transportation industry is currently facing significant challenges related to insurance costs, collisions, and nuclear verdicts, which are having a profound impact on the industry as a whole. As a result, ensuring driver safety has become more crucial than ever before for fleet operators. At Nexar, we are constantly looking
With an overwhelming escalation in insurance costs, collisions, and nuclear verdicts, MGAs are seeking smarter, more sophisticated ways to resolve claims. We at Nexar are constantly looking for new ways to provide solutions to MGAs looking to improve their loss ratio. In this tech-driven world, video telematics can be game-changing.
This glossary offers over 100 definitions for common terms in the context of real-time mapping. As a guiding principle, we opted to include generally accepted definitions as well as to explain (whenever appropriate) how each entry applies to the key concepts in real-time mapping. Part one can be found here
I’m very excited to share that Nexar is acquiring Veniam, a Portugal-based company who is a leading provider of intelligent networking for the internet of moving things. This is a big deal for us, being our first acquisition, and I wanted to share the importance of this step for
Today we published a report comparing the ground truth speed limit signs in Phoenix, AZ, with OSM and City of Phoenix data. The bottom line is that maps become stale at a rate of 2.5-6% per year and that we need to change how we think about map creation,
Picture this: you're on the cusp of a journey. Maybe you're heading home from a long day at work or perhaps you're embarking on a cross-country road trip. Your vehicle is equipped with a real-time mapping layer. The future of transportation is quite literally at your fingertips. Let's dive into
Nexar announces partnership with CoverWhale to enhance its innovative Driver Safety Program, further improving safety and lower insurance premiums. The trucking industry encounters an avalanche of safety risks. This is why we are so excited to announce our recent partnership with Cover Whale. Cover Whale Insurance Solutions Inc. is a
This glossary offers over 100 definitions for common terms in the context of real-time mapping. As a guiding principle, we opted to include generally accepted definitions as well as to explain (whenever appropriate) how each entry applies to the key concepts in real-time mapping. A Advanced Driver Assistance Systems (ADAS)
I recently had the pleasure of chatting with Michael Waitze on the Asia [https://asiainsurtechpodcast.com/] Insurtech Podcast [https://asiainsurtechpodcast.com/]about Nexar and its role in revolutionizing road safety through ground-breaking technology. The podcast episode unpacks Nexar’s goals as a leading AI vision company, and our efforts to
Comparing Nexar's Phoenix, AZ ground truth data with both City of Phoenix and OpenStreetMap (OSM) limit data shows that maps become stale. This post details the findings of our analysis for Phoenix, AZ speed limit signs. You can also read why this means we need to think about scalable map
Maps are becoming outdated, as the traditional method of manual curation and editing is just not feasible - especially for ADAS and AVs. It's time for a change in the paradigm and for live maps to help the driving task. The maps of yesteryear are dead. The purpose of maps
Software is eating the roads. This might seem like a grand statement, but in the 7 years since I co-founded Nexar with Bruno Fernandez-Ruiz, it has also become glaringly apparent. In practice, this means that vehicles are becoming increasingly software-centric - prioritizing the consumer demand and experience. The implications are
Nexar’s Algorithm Data Analyst, Raphael Mamane, explains how the company is paving the way for the future of digital maps - and revolutionizing the world as we know it In the era of automation and efficiency we are approaching, traditional maps are no longer sufficient. As maps move from
Nexar, a leading AI vision company, announced today that it has appointed Ludovico Fassati as its SVP America and President B2B America. Fassati will manage Nexar’s business in the US, focusing on Nexar’s insurance, fleet and public sector offering, as well as real-time mapping. Fassati joins Nexar from
“Within 5 years, camera technology will be part of the commercial trucking underwriting process,” says Ricky Hale, VP of Commercial Auto Operations at Paramount General Agency. “While drivers may be reluctant to adopt interior-facing cameras, front-facing cameras provide benefits to all those involved: the insureds can better control their premiums,