S6:E27 I Data and AI: Expressways to the Future
Manage episode 479717204 series 3628896
Panel:
• (Moderator) - Kevin Kinell, Chief Technology Officer, Work Truck Solutions
• Jeff Risner, Co-Founder and Director of Business Development,Trupropel
• Jose Puente, Co-Founder, Motiva Ventures
• Eric Foster, Chief Revenue Officer, BZDev
Kevin and company discuss the transformative potential of AI across the commercial vehicle lifecycle, from purchasing (matching vehicles and incentives) and ownership (driver management, efficiency) to OEM/dealer operations (demand prediction, CRM), finance (performance-based lending), insurance (usage-based pricing), and fleet management (predictive maintenance, safety, optimization). Data is identified as the critical foundation for effective AI implementation. While acknowledging the history and recent advancements in AI, the discussion addresses challenges like data fragmentation and hype, while emphasizing opportunities for practical problem-solving. Turning data into visual and actionable intelligence is key. A significant focus is placed on the complex challenge of used commercial vehicle valuation, where AI can improve accuracy by analyzing diverse data. Recommendations include starting small, focusing on specific issues, leveraging existing data, and proactively engaging with AI advancements.
https://www.worktrucksolutions.com/
https://www.comvoy.com/
199 episodes