AI Technology Revamps Automobile Caution Plate Recognition! Industry-revolutionary API Service Released on September 24

On September 24, 2024, AGENCIA Co.,Ltd. (Headquartered in Nagoya, Aichi Prefecture; CEO: Jean Pierre) officially released its SaaS-based caution plate recognition API service for the automotive industry. This service enables automotive companies to significantly improve operational efficiency, reduce costs, and enhance competitiveness.

Caution Plate Recognition AI

Main Features

Highly accurate information recognition

Automatically and accurately recognizes and retrieves important data such as model and VIN numbers, engine models, and color numbers on caution plates. The system is applicable to a wide range of vehicles, both domestic and foreign-made.

Automatic annotation function

Model evaluation and relearning are automated based on recognition data. The AI is always optimized and can be operated with high accuracy over a long period of time.

Various provision methods

Flexible deployment is possible according to corporate needs, including API provision, SDK for smartphones, on-premise, and Docker format. Cloud and hybrid types are also supported.

■Benefits of Deployment and Target Companies

AGENCIA's AI platform is expected to be introduced in a wide range of industries, including automobile auction companies, non-life insurance companies, used car dealers, and car rental companies. The introduction of the platform will improve operational efficiency, reduce costs, and support quick decision making.

Anticipated Usage Scenes

Digitalization of auction management

Life cycle management of rental and lease vehicles

Vehicle evaluation in the auto recycling business

Streamlining of inspections and documentation for auto exporters

Automatic generation of vehicle medical records at repair shops

Vehicle evaluation and listing by used car dealers

Automated quality control at auto manufacturing plants

Streamlining the vehicle insurance application process

In these scenarios, we expect to increase operational efficiency and customer satisfaction.

Strengths of the system include price advantage, low hurdles to implementation, and data scalability.

Many automotive-related companies are already considering the introduction of this system, and its high accuracy, ease of use, and price advantage have been highly evaluated. AGENCIA will continue to provide new value to the automotive industry through innovative solutions that take full advantage of AI technology.

About AGENCIA Corporation

AGENCIA Corporation provides new value and experiences to the automotive industry through its AI technology-based "Neural360.ai(R)" platform. Based on the "360°Car(R)" service, which has registered over 15 million vehicles in total, AGENCIA pursues further innovation.

Official website: https://www.agencia.co.jp

■A Vision for the Future

AGENCIA aims to drive the digital shift and establish a new standard in fleet management and evaluation. By continuing to provide user-friendly and effective solutions, we will accelerate value creation in the automotive industry.

Shareholder Information

TOPPAN Holdings, Inc.

Limited Liability Company HR Tech Fund (100% subsidiary of Recruit Holdings Co.)

*For inquiries regarding capital and business alliances, please contact the following

■Investor Contact

AGENCIA CO.,LTD. Investment Division

Urbannet Nagoya Nexta Building 4F, 1-1-1 Higashisakura, Higashi-ku, Nagoya, Aichi, Japan

E-mail: investor@agencia.co.jp