Fort Worth, Texas (December 11, 2012) - DRN’s capabilities through the LPR2.0 license plate identification platform yields automobile location data at the rate of 50,000,000 vehicles per month.
By taking this gigantic data set and combining it with advanced analytics, organizations such as insurance companies, financial services organizations and others can use license plate identification data to ensure greater insight into their businesses to make better decisions. Using DRN’s Identity Analytics solution, companies have the data they need to do everything from bringing on more of the right customers and reducing fraud and risk, to lowering operational expense and determining who to do business with at any point in the customer lifecycle.
DRN’s Identity Analytics solution can also provide entity resolution on decision variables such as person, location, relationships, ownership and movement data. The information can be used for establishing commerce and eliminating fraud in a variety of industries. The result is confirmation on whether a person is actually who they say they are and if what they’re representing about themselves is true.
About DRN
Digital Recognition Network (DRN) is a data company exclusively focused on license plate identification, asset value preservation, fraud mitigation and on automotive data derived from license plate identification. By recovering, storing and grouping data on vehicle location, where vehicles go and who drives them, DRN is able to provide value to clients to help them make better, more profitable decisions while preserving asset value. An industry pioneer in vehicle asset location technology and asset recovery solutions, DRN fuels a national network of more than 550 affiliates employing mobile license plate recognition technology that gathers the automotive data. Because this license plate identification technology is used in every major metropolitan area in the United States, DRN captures automotive data on up to 50 million vehicles each month. With more than three-quarter billion data points gathered to date, DRN has the largest vehicle location data base in existence. We are proud to maintain strict standards for privacy, compliance, and data integrity. For more information visit: http://www.drndata.com/.