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If we had to rank one of the most interesting companies on the stock exchange, then Cybervan was one of the companies that would make up the list. The company has an interesting development that prevents custom distractions, distractions caused by increased use of cell phones. In fact the company’s development blocks a series of apps that prevent the driver from fully concentrating on driving but leaves and options to receive and make calls to maintain a connection with the outside world.
In principle, these systems are intended for vehicle fleets among drivers who have been on the road for a long time, but it can certainly only be in the first stage before entering the private market, something in the style of Mobilai.
More in-
So, after CyberWan managed to put its product into a number of large vehicle fleets like that of the Electric Company and a distributor company outside Israel, it is taking another step with a pilot in Osem’s large vehicle fleet.
Under the initial cybervan agreement with Osem it will install 20 systems in the group’s vehicles with 10 systems installed in trucks and 10 systems installed in the group’s private vehicles. After the company has been experimenting with the SaverOne system for several months, it will consider extending the installation of the system to the entire Nestle Barn fleet.
CyberWan says today that according to studies, the annual cost of road accidents in the US alone stands at about $ 300 billion, with 25% of accidents related to the use of the mobile device while driving. Requires driver cooperation while creating a quiet and safe driving environment.
The company’s primary target market includes commercial and private vehicle fleets in which the company’s system will be installed in order to reduce risks and reduce costs due to road accidents involving their drivers. Insurance and leasing companies as well as companies that manage vehicle fleets have a keen interest in reducing damages and costs as a result of road accidents.
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