Black Widow, a make of a drive-through 4k image capture system, and Tractable, an artificial intelligence (AI) developer for visual assessment and disaster recovery, will collaborate to transform automotive sales with deeper and more transparent insights into a vehicle’s condition, the companies announced in a March 22 news release.
By combining their technologies, Black Widow and Tractable can offer auto resellers a comprehensive assessment of vehicles during the sales process.
Through the collaboration, Tractable’s AI will use the images captured by Black Widow’s proprietary system to detect external damage and generate a vehicle condition report, which outlines estimated repair costs. By using Tractable’s AI to inspect vehicles during the remarketing and merchandizing process, auctions, dealerships and repair facilities receive an accurate and consistent assessment of vehicles, allowing them to make faster and better-informed sales decisions.
Black Widow uses an eight-camera, drive-through system that captures high-definition vehicle images within seconds and can be automatically edited and published online. Tractable’s technology will be seamlessly integrated into existing Black Widow imaging systems.
“In today’s white-hot car market, anyone selling a vehicle is required to make decisions with extreme speed and precision," said Jason Hauk, CEO of Black Widow, in a news release. "By working with Tractable, we’re able to offer sellers an all-in-one tool that not only gives their customers accurate and detailed insights into potential purchases, but also provides a competitive edge with no extra effort required by the seller.”
Jimmy Spears, Head of Automotive at Tractable added, “Purchasing a car is one of the biggest investments a consumer makes, and today’s digital world demands this experience is informative and frictionless. Layering Tractable’s AI into Black Widow’s imaging system will slice the time it takes to bring a used car to market, while offering consumers a more transparent picture of their purchase.”
Originally posted on Vehicle Remarketing