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Matthew Ellis 1/31/2011CS410 Blue Team1
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Outline What is the problem? Societal Impact Solution How it works Market Competition Why P.A.T? Potential Downfalls Conclusion Works Cited 1/31/2011CS410 Blue Team2
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What’s the problem? Auto Theft accounts for one of the most expensive crimes in the United States “Every 40 seconds a vehicle is stolen in the United States” 15 vehicles by the end of this presentation 1/31/2011CS410 Blue Team3 Insurance Information Insititue
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Impact “In 2009 the value of stolen motor vehicles was nearly $5.4 billion” “Only 12.4% of thefts were cleared by arrests or other means” 1/31/2011CS410 Blue Team4 Insurance Information Institute
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Impact cont. Most stolen vehicles in Virginia in 2009 1/31/2011CS410 Blue Team5 RankNameYear 1 Accord1996 2Civic1999 3Caravan1996 4Camry2009 5F1501997 6Explorer1999 7Jeep Cherokee 1996 8Corolla2009 9Taurus1996 10Altima2005 Source: National Insurances Crime BureauNational Insurances Crime Bureau Is your vehicle in the top ten?
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Solution P.A.T Personal Auto Tracker A tracking device that can be used on a cell phone to track your vehicle in real time in the event of a theft. 1/31/2011CS410 Blue Team6
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How it works Uses GPS technology to remotely track your vehicle in real time through a transmitter hidden in the vehicle. P.A.T software tracks your vehicle and provides important information such as Vehicle speed Direction Provides police non-emergency numbers depending on the location of the vehicle In the event of a system failure, P.A.T can use radio frequency tracking as a backup to GPS 1/31/2011CS410 Blue Team7
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Market Auto Owners Specifically: Those who do not have full coverage insurance. 1/31/2011CS410 Blue Team8
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Compitition Onstar – Stolen Vehicle Assistance Found on select GM vehicles Uses GPS to track vehicles remotely Can then shutdown vehicles engine to thwart the thief $20-$30/month fee 1/31/2011CS410 Blue Team9 Source – onstar.comonstar.com
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Compitition cont. LoJack Uses radio frequency technology to track the vehicle Claims a 90% recovery rate “Most” police have receivers to track the vehicle and recover it ~3 mile limit $695-$995 1/31/2011CS410 Blue Team10 Source – lojack.comlojack.com
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Why P.A.T? Combines the best of both worlds Aftermarket product Real time remote tracking not limited by distance Provides the owner with a means to track the vehicle as well as police ○ Peace of mind Cost effective ○ ~$200-$300 one time fee 1/31/2011CS410 Blue Team11
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Potential Downfalls Compitition Onstar and Lojack have been around for awhile and are strong competitors Both have a solid client base 1/31/2011CS410 Blue Team12 Vs. P.A.T
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Conclusion While P.A.T isn’t a new idea, it solves the short falls of other tracking services in a way that is cost effective and reliable. By letting the owner track his/her vehicle as well as police, the owner isn’t left at home guessing if the police are making progress toward recovery. Can lead to the recovery of that one car or truck that holds that special place in your heart. 1/31/2011CS410 Blue Team13
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Works Cited NICB – National Insurances Crime Bureau https://www.nicb.org/newsroom/nicb_campaigns/h ot%E2%80%93wheels/hot-wheels-2009 LoJack http://www.lojack.com/ OnStar http://www.onstar.com/web/portal/home Insurance Information Institute http://www.iii.org/issues_updates/auto-theft.html 1/31/2011CS410 Blue Team14
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