When a solution is found (Published May 2007)
A cure for dementia?
Improved train and bus
safety? A reduction in global
warming or landfill? For such
health, safety, security, and
environmental needs, when an
economic solution is found it
must be afforded in our developed
society. We have no cure for
dementia, but existing clients have
world-class products with benefits
for global warming and landfill; next
is train and bus safety, with an antiterrorism
angle too.
One product can:
- track potential terrorists on trains and buses, live;
- record bullying on school buses, and crime, and
drug dealing;
- eliminate fraudulent personal injury claims on buses
- record a train going through a red light;
- record graffiti artists at work live; and
- give night vision to train drivers so they can see
obstructions on the track a mile away.
These are not world issues, but if one technology provides such security,
safety and economic benefits that is a powerful product.
"We have no cure for
dementia, but existing clients have
world-class products with benefits
for global warming and landfill; next
is train and bus safety, with an antiterrorism
angle too."
Have you noticed that there are multiple surveillance cameras on streets
and station platforms, but very few on trains and buses? The reason?
Static hard-wired cameras have a long life and produce instant
quality images. But cameras on buses or trains download to an on-board
computer that has to put up with shakes, condensation, dust, extreme
temperatures etc and their life has been short. But the crucial innovation
is the method of recovering the images from
the bus or train.
Dave Gratton of DVRX, offers
systems with all the above benefits with durable
hardware and world-leading software, often cheaper
than any near competitor. DVRX downloads images
by WiFi or GPRS direct to the transport company, the
emergency services, the insurance company.
The GPRS connection enables the emergency
services to see live images. All images are downloaded by
WiFi and stored automatically, so the transport company
can observe an incident after the event. With many personal
injury claims on buses now at £25,000, the bogus claims are
now eliminated and the DVRX system, at about £3,000 per
vehicle, is economic with the other benefits as a bonus.
Alex Hilton-Baird introduced Dave last year. DVRX
turnover then was about £1m p.a. and he listed forecast
orders of £52m to start soon and another £38m later. Dave
had reason to panic about the funding. When a solution is
found... transport companies must have it.
A pictorial analogy? You wait for a bus but three come together. Dave
expects a queue of 52!
This is a rather extreme trade finance scenario. The components come
from nine suppliers, some Far East, some EU. DVRX assembles and
installs. DVRX moved from its bank factor to Eurofactor, with whom
we work closely
We buy most components; DVRX assembles and delivers, with most
debts assigned to Eurofactor from whom we recover.
Meanwhile, if you are on a bus in Swindon, Reading, Dublin,
Preston or on the Chilton Rail, and elsewhere very soon, smile at the
camera...
Written by David Ross Director
Download
the Article 'When a solution is found' at www.fairfaxgerrard.co.uk/docs/BusMon 0507 When a solution is found.pdf
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