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Izmo introduces WarrantyBoost+ for Warranty Rate Enhancement



Posted On : 2023-06-12 14:25:28( TIMEZONE : IST )

Izmo introduces WarrantyBoost+ for Warranty Rate Enhancement

izmo Ltd. has launched a new product - WarrantyBoost+ - for warranty rate enhancement.

The Company's subsidiary, FrogData, launched this product, which combines warranty rate enhancement with an intuitive Service Dashboard and Key Performance Indicator (KPI) tracking. Using AI-driven warranty analytics, dealers can expect faster and more accurate results, ensuring optimal rate increases and improved profitability.

WarrantyBoost+ would be offered on an annual subscription model that includes a Service Dashboard and advanced KPI measurement capabilities. With the subscription, dealers will receive their Annual Warranty Submission free of charge, saving time and resources. This comprehensive solution empowers dealers to secure the best rate increase for warranty work while streamlining their service operations.

WarrantyBoost+ leverages Frog Data's AI technology to offer dealers a robust suite of features, which enables dealers to make informed decisions and optimize their warranty operations.

Commenting on this launch, Mr. Sanjay Soni, MD, izmo Ltd., said: "We are excited to announce the launch of WarrantyBoost+, a new product under our FrogData platform. WarrantyBoost+ is a warranty analytics platform that would help in warranty rate enhancement for auto dealers.

The product leverages our robust AI-driven analytics platform to offer a service dashboard and advanced KPI measurement capabilities. This would facilitate dealers to monitor performance, reduce costs and optimize revenues, ultimately translating into better service operations and higher potential profitability for dealers.

We expect this to revolutionize warranty rate enhancement among auto dealers. We continue to build AIdriven products that are beneficial to dealerships and ahead of the industry standards. I would like to thank the entire izmo team for their relentless efforts and hard work which drives the Company forward."

Shares of IZMO Limited was last trading in BSE at Rs. 248.35 as compared to the previous close of Rs. 242.90. The total number of shares traded during the day was 28363 in over 291 trades.

The stock hit an intraday high of Rs. 253.80 and intraday low of 230.95. The net turnover during the day was Rs. 7039785.00.

Source : Equity Bulls

Keywords

IZMO INE848A01014 WarrantyBoostPlus NewProductLaunch WarrantyRateEnhancement