Why ADESA UK Is Being Recognized as a Tech Leader alongside IBM, BT and Centrica
ADESA UK has been shortlisted for not one, but two, UK IT Industry Awards. It’s great to be recognized for the cutting-edge digital solutions we are implementing to deliver best in class remarketing solutions for our customers.
We are in illustrious company. Finalists in our categories — Automation Project of the Year Award and Emerging Technology Award — include IBM, BT, Centrica and Royal Bank of Scotland.
Like us, these blue-chip organisations are focused on utilising technology to deliver the very best customer experience in their respective areas of excellence. We are truly honoured to be shortlisted alongside them.
Being nominated for these prestigious awards comes at an important time for ADESA UK. It serves as further validation of our strategic decision to invest heavily in digital solutions that will transform the way cars are de-fleeted and drive down our customers’ Total Cost of Disposal.
Looking through a digital lens
We like to do things differently at ADESA. Since launching in 2016, ADESA UK has established itself as a digital innovator. Our dedicated UPSTREAM online platform (which is in contention for the Emerging Technology Award), provides fleets, carmakers and leasing/finance companies with smart technology-led solutions that meet their de-fleeting needs.
While other players consider a move to a digital remarketing model, ADESA UK is already dedicated to designing faster, smarter and easier ways to reshape the automotive industry. Stock is presented online as soon as it is de-fleeted, without incurring the delays and additional costs associated with the traditional “downstream” physical auction process.
Harnessing AI to transform remarketing
Our technology-led approach is now being used to disrupt lengthy mainstream turnaround times and create a more seamless de-fleeting solution for our customers.
This process has traditionally taken weeks, incurring book drops, inspection fees and storage charges, but we have reduced it to a matter of hours.
Central to our recognition by the UK IT Industry Awards’ judging panel, for the Automation Project of the Year Award, is our truly innovative ADESA IVI (Intelligent Vehicle Inspection) platform.
ADESA IVI is transforming the used vehicle remarketing process. The deployment of artificial intelligence, making the assessing, selling and buying process faster, easier and smarter.
The traditional third-party inspection process is slow and costly; with IVI we empower drivers to carry out their own inspection of end-of-contract vehicles using a smartphone or tablet, with the ability to post the car on our UPSTREAM platform within hours of being appraised.
ADESA IVI is fulfilling a critical need for the finance, fleet and leasing sectors by taking time and costs out of the remarketing process, while producing more accurate appraisals.
Inspections are now transparent. Our customers’ trust grows. Last-minute shocks about end-of-contract charges are avoided. Depreciation costs are addressed. Holding costs are reduced and third-party inspections are eliminated. All helping drive down the Total Cost of Disposal.
We are helping our customers become smarter and faster while creating a new efficiency for the entire industry and are proud to be recognized alongside other companies by the UK IT Industry Awards.