after crunching 18 million records of taxi data, this team found that 15% of rides start and stop within nearby location and time-frame; and then they created a taxi-sharing app

1. Dynamic Rideshare
Caroperate
Deming Chung
Vish Deo
Rupali Shah
Balaji V

2. Mission statement
“Revolutionize the way we commute through a
mobile platform which allows users to co-ordinate
opportunities for shared rides in real time to benefit
from cost and time savings.”

3. The Solution Space
Singapore
Population Target Population Taxi Rides per Day No of Taxis Private Cars
5,077,000 2,000,000 933,000 26,000 511,125

4. The Problem

5. The Hypothesis

6. Our Findings
*Singaporeans Surveyed on 23rd June 2012

7. Our Findings
*Singaporeans Surveyed on 23rd June 2012

8. Solution

9. Our Solution
1 Commuter 2 System 3 Commuter
M atch and
Input Meet and Go
Co-ordinate
RAT !
E
Benefits
• Ease of Use
• Secure and Reliable
• Shorter waiting times /
lower costs

10. The Benefit

11. The Benefit
Analyzed LTA dataset for 15 May 2012
Timeframe – 7-8pm
L T A Statistic s
Average Rides Per Day 933,000
Peak H our H ypothesis
15- M ay- 12 7- 8pm
Rides origination 7-8pm 25,204
Rides that are sharable 4,325
Throughput 17.2%
Cost savings for 1 hr 21,625
Cost savings for 3 hrs 64,875
Cost savings for 1 year 23,355,000 SGD
Kilometers Saved for 1 year 23,355,000 km
Carbon savings for 1 year 3,503,250 kg

12. We need your support
Any partnerships or more data needed?
Partnerships with LTA, Tertiary Institutes, Organizations or Individuals that want to
make a difference
J the revolution,
oin
B the solution,
e
Caroperate!

13. Credits & Contacts
Data sets used:
Taxi Logs
Team lead
Name: Deming Chung @ponchohood
Number: +65 97821634
Email: deming.chung@gmail.com
Team members:
Vish Deo @vssdeo
Rupali Shah @rupalishah
Balaji Venkatesan @bvkat