ΕΣΠΑ 2021-2027 Ανταγωνιστικότητα ESPA 2021-2027 Competitiveness
ΕΚΠΑΡ01-0075972 · Co-funded by the European Union
AI · Mobility · Intelligence

Automated Vehicle Rental System with Advanced Artificial Intelligence Algorithms

The RentWise project creates a cloud-based information system that redefines the vehicle rental industry, leveraging AI, BI and Machine Learning technologies for dynamic pricing, demand forecasting and automated vehicle inspection.

Project Code ΕΚΠΑΡ01-0075972
Duration 36 months
Coordinator YSOFT SA
Live AI orchestration
The Project

Redefining the vehicle rental industry

The global vehicle rental market is expected to reach $126.6 billion by 2028. RentWise introduces artificial intelligence at every operational level — from pricing to automated damage detection — offering a comprehensive solution for the new economy.

36months of implementation
3implementing bodies
6AI subsystems
TRL 8technology readiness
Scientific Objectives

Seven pillars of research excellence

01

Requirements Analysis

Extensive needs analysis through interviews with experts and stakeholders across the vehicle rental industry.

02

AI Algorithms

Development and testing of advanced dynamic pricing and demand forecasting models using real-time data.

03

Pilot Implementation

Evaluation of the solution in real conditions in cooperation with Drive Hellas SA.

04

Interdisciplinary Collaboration

Synergy of experts from informatics, machine learning, business intelligence and fleet management.

05

Dissemination

Presentations at national and international conferences, publications in scientific journals.

06

Intellectual Property

Protection of innovations through patents and copyright registration.

07

Data Repository

Findable and accessible research data in accordance with FAIR principles.

Architecture

Six subsystems. One unified platform.

Multitenant Admin Application

Comprehensive management platform for multiple organizations. Fleet, customer, booking, workshop, KYC and KPI management.

CloudMultitenantAPI-first
01

Customer Portal & Mobile App

Digital end-customer service. Fleet overview, invoicing, online payments, workshop & roadworthiness requests.

iOSAndroidReact Native
02

AI ChatBot Digital Assistant

Multi-channel assistant on Messenger, Viber, WhatsApp. Multilingual support with escalation to a human agent.

NLPMulti-channelMultilingual
03

Dynamic Pricing & Forecasting

AI algorithms that adjust prices based on seasonality, events and arrivals in real time.

MLForecastingReal-time
04

Computer Vision Vehicle Inspection

Dual high-resolution cameras detect deformations, discolourations and scratches with automatic before/after comparison.

Computer VisionDeep Learning
05

Contactless Rental

Vehicle access via smartphone with NFC, Bluetooth or biometric authentication. No physical keys.

NFCBluetoothBiometrics
06
Technology Stack

At the forefront of the 4th industrial revolution

01FrontendAngular · TypeScript · SASS · React Native
02BackendNode.js · Express.js · MySQL / MS SQL Server
03AI / MLDeep Learning · Computer Vision · Predictive Models
04CloudAWS · Azure · Google Cloud Platform
05Big DataHadoop · Apache Spark · NoSQL
06DevOpsGitLab · Docker · Kubernetes · Sentry · Swagger
07BlockchainEthereum · Hyperledger · Smart Contracts
08SecurityZero Trust · MFA · End-to-end Encryption
Implementing Bodies

A collaborative consortium of expertise

Coordinator

YSOFT ΠΛΗΡΟΦΟΡΙΚΗ ΑΕ

Software development company specialising in cloud, blockchain, big data and AI technologies. Based in Thessaloniki, Greece.

Subcontractor

Drive Hellas A.E.

Leading vehicle rental company in Greece with a fleet of over 10,000 vehicles.

Subcontractor

Automavis IKE

Spin-off company of CERTH/EKETA. Specialises in AI technologies for vehicle inspection.

Funding

Co-funded research project

The RentWise project is implemented under the Action "Research – Innovate" of the "Competitiveness" Programme 2021-2027 and is co-funded by the European Union and Greece.

Project Code
ΕΚΠΑΡ01-0075972
Acronym
RentWise
Duration
36 months
Programme
Action "Research – Innovate" 2021-2027
Operational Programme
"Competitiveness" 2021-2027
Beneficiary
YSOFT INFORMATICS SA
Subcontractors
Drive Hellas SA · Automavis IKE (Spin-off CERTH)
Eligible Budget
€ 683.298,00
Public Funding Request
€ 546.638,40
Co-funded by the European Union European Union · Hellenic Republic · ESPA 2021—2027
Contact

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Address
28 Themistokli Sofouli
54655, Thessaloniki, Greece

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