Management of Bike Share Schemes often come second to operators that are looking to expand to new markets globally. Today, operators can gain new visibility into their existing Bike Share operations by testing in a spin-off environment.
A spin-off environment simulates an operator’s current redistribution and management processes in a particular market to find new operational efficiencies. It looks at variables such as the number of trucks in use, capacity of these vehicles, staff shift patterns and other factors to assess if resources can be better utilised.
When Bike Share operators have visibility into how their schemes are run they can make quick decisions that can help reduce cost, win riders and grow in local and global markets.
Platforms that offer spin-off environments on-demand give Bike Share operators a huge advantage in the local market. With redistribution accounting for over 30% of the total operational costs, spin-off environments enable operators to reduce internal resources and optimise rebalancing to maximise their bottom lines.
In an increasingly multi-vendor state, where more than one Bike Share operator compete in the local market, the winners are the ones that are efficiently testing operations and managing resources. It gives them significant cost savings compared to its competitors, build strong ridership through better rebalancing and grow.
Operators can see the impact of managing resources with a spin-off environment. They are not unnecessarily spending huge amounts of money and time adding new resources. They gain real insights into management and can build a strong redistribution strategy.
Bike Share operators around the world now have the opportunity to test their management processes in spin-off environments. They have the ability to better optimise and manage their schemes day-to-day.
From the partners we’ve worked with they have seen real value in the testing in a spin-off environment. They were able to turn up their operations locally with very minimal increases in internal resources. That’s a big win for us. Our goal is to help operators reduce cost through better management of their existing resources.
We are able to work closely with operators and leverage our platform’s capabilities to spin-off environments on-demand. They see new opportunities in their operations that can help them compete more efficiently in the local market. They see results almost instantly, reducing the risk of managing a Bike Share Scheme.
If you are interested in finding out how our BICO platform is able to spin-off environment on-demand and deliver actionable insights into new markets, please contact us: tom.nutley(@)stageintelligence.co.uk.