The company claims that AI Inspection allows anyone with a smartphone to assess a vehicle through a mobile-friendly web-based app, in the time it takes to simply walk once around the car, regardless of condition.
The app gives instant access to Tractable's artificial intelligence platform, which has been trained on hundreds of millions of images to understand auto damage, and is trusted by over 20 of the world's leading insurers and automotive companies to accelerate accident recovery.
The solution accelerates any process when inspecting a vehicle's condition is required, including purchasing or selling a vehicle, returning a rental or leased unit, or recycling parts at end-of-life, while also covering processes usually conducted by an on-site inspector, such as checking a vehicle's condition.
Jimmy Spears, head of automotive at Tractable, said: "With AI Inspection, we have created a powerful AI tool that is not only capable of accurately assessing the exterior condition of a vehicle's body, but can be carried around in your smartphone. This is an immense technical achievement, putting expert-level assessment in the hands of anyone – meaning understanding a vehicle's condition is not only more efficient, but also more transparent."
AI Inspection works through using deep learning for computer vision. Once a video of a car is uploaded, the tool is able to recognise what, if any, parts are damaged. The AI can also interact with the person taking a video to request specific additional information on the spot, ensuring that the state of the car is captured effectively.