Download - Texxi : Demo Night liverpool
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Optimising Global TravelThe Supply Side
Transit Exchange XXILiverpool June 20th 2013
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So what is Texxi all about?
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It is a Transit Exchange system
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But if you can remember only one thing from this presentation
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The Texxi system is fundamentally about Congestion Pricing & Roadspacetime
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All the taxi / carshare / rideshare stuff is mere icing on the cake!
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It is a search application / algorithm for demand responsive transit
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enabling largescale dynamic real-time ridesharing
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Designed to optimise roadspacetime use (and thus reduce congestion)
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increase vehicle occupancy and reduce fleet fuel use for the same carrying capacity
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reducing the price of travel for folk
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All this for a 0.10 reals fare hike?
People take transport seriously!
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while increasing revenues for both vehicle service operators and the road operator
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all without limiting freedoms
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As such it is an overall system
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that combines several key characteristics, (operational concepts, algorithms and knowhow)
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It sounds like simple taxi hailing..
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Taxi Hailing startups
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but that is only one application of the system
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of several that can come about
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It sounds like simple vehicle sharing..
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Carshare / Car rental companies
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but that is only one part of it
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It sounds like on demand ride sharing..
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Ridesharing Startups
LyftGroupMeSideCarZimRidesLiftshare
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yup, you've guessed it - that is only one application....
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!
If you think any of these afore-mentioned are our competitors, you have not understood a thing about Texxi
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!
They are in fact our potential customers
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It's like telling Yorkshire Water that they should fear the very people who make taps
(faucets)
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Most people always simplify new ideas to sound like things they have experience of
taxi hailing
car share / car rental
ride sharing / grouped rides
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It does turn out that trying to describe a solution
to a combinatorial optimisation
problem using genetic algorithms and
heuristics to overcome an apparent bottleneck
in computational complexity theory is really quite a mouthful
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It is just easier to say "Something to do with taxis"
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We do all of those + more
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Much more
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Mission
Reform global transport by optimising roadspacetime use in a real-time dynamic fashion
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Mission
Create a single open, fair and free market for all modes of ground transportation in a city / municipality / country
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Vision
Apply concepts from the internet and free markets / futures exchanges to transport
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Vision
Breaking up the different layers of ownership in the transport model
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Vision
Change fundamentally the method of generation of revenue from road usage - reverting to the "appliance" concept
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We showed it was possible as far back as 2006
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And that the market for this in the USA + EU5 is $3 TRILLION per annum
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What we have actually done is describe and design a new way in which to run our road system which is more in line with the principles of Liberty
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Who are our competitors?
Bus monopoliesThe incumbent taxi industryCorrupt government officialsSome car manufacturers
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What problems do we solve?
Congestion Budgetary shortfalls for municipalitiesLow average vehicle occupancyIncreasing urbanisationFuel UseSocial ExclusionHigh Taxi PricesLack of availability of transportDearth of choice
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Mode: CommuterA subscription service to enable people to have the same transport options as a private car
Taking customers from transit hubs to their homes or offices
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Transport solutions for large scale festivals and events, particularly where parking is limited
Mode: Big EventChanging the charging model for destinations
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Big EventThe stadium becomes an appliance / app on the road system
Costs such as policing would now be borne by anyone travelling to the stadium
http://www.flickr.com/photos/beggs
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CorporateCan become an equaliser
Virtual Private Travel, enabling staff members, executives and their clients to make use of a luxury fleet of coaches to get to work
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Corporate
Now even smaller start-up businesses could set-up at business parks and offer their employees the kind of travel perks usually reserved only for corporate behemoths.
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Mode: School RunA subscription service to enable people to have their children transported in shared services to schools
School-age children could now share direct transport to and from school in appropriate vehicles
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Mode: Evening Economy
Restaurant patrons and restaurant businesses could benefit from cheaper travel, especially where alcohol is involved
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Mode: TouristA city as a cruise destination becomes an "app".
Tourists on visits to a city could visit relatively remote destinations; the revenue shared between the broker and the mode licence buyer (the cruise company)
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A better, cheaper and faster way to get tourists from the airports into the city centre
Tourist
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Shopping
on-the-fly, door-to-mall travel to and from supermarkets. A version of a supermarket bus on-demand.
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Soccer Mom Taxi Service (SMOTAS)
Other Apps
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So it does turn out that trying to describe the myriad
solutions to the combinatorial optimisation problems is really quite a mouthful
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And pretty boring to boot
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TRANSIT EXCHANGE FOR THE
XXI CENTURY
Combinatorial Optimisation
Travelling Salesman Problem
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But most people just liked to hear or see something much more simple to begin with
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With the issues in Brazil being very capable of showing up just about anywhere else
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The opportunity has never been more ripe as now
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If you can remember only one thingfrom this presentation
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The Texxi system is fundamentally about Congestion Pricing & Roadspacetime
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All the taxi / carshare / rideshare stuff is mere icing on the cake!
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Thank you