Software provides warranty analytics solution.

Press Release Summary:



Suited for automotive industry, Indico enables manufacturers to proactively measure, monitor, and exceed warranty performance objectives. It integrates with legacy systems and can be implemented without disrupting existing processes. Through data integration and actuarial intelligence, software-based service converts collected data into information that allows timely and proactive reports on warranty performance.



Original Press Release:



JGD Analysis Launches Indico, the Warranty Analytics Solution for the Automotive Industry



London, England - December 9, 2004 - JGD Analysis announced today the official release of its Warranty Analytics Solution targeted to the automotive industry. Indico is the name chosen under which JGD will market its software based service which is designed for manufacturers to proactively measure, monitor and exceed warranty performance objectives.

"Indico is the result of 3 years collaborative work with industry experts and automotive manufacturers directly", says James Davies Managing Director and co-founder of JGD Analysis, "The Indico process is a solution that integrates with legacy systems and can be implemented very quickly and without disruption to existing processes".

"Warranty costs are a multi-billion dollar headache for automotive and related OEM's and the data integration and actuarial intelligence that Indico offers stands to save these companies millions of dollars annually" advises Mr. Davies, "We currently have auto manufacturers on 3 continents looking to implement Indico to better evaluate and estimate warranty performance and costs".

"Companies collect unimaginable amounts of data, but they often fail to convert the data to information that would allow timely and proactive reports," explains Mr. Davies, "Most automotive manufacturers view each warranty claim as an administrative item, and analysis is usually relegated to very high-level budgeting purposes. Currently the reporting time takes months, having people manually data-mine warranty data for specific patterns. The cost of warranty claims to the automotive industry could be significantly lowered per vehicle just by integrating the data and being proactive in analyzing."

About JGD Analysis

JGD Analysis is a provider of warranty data analysis and consulting to automobile and similar manufacturers. Using actuarial techniques and processes, JGD provides reports on warranty performance and forecasts to some of the world's largest automobile manufacturers including Honda, Mazda, Iveco and Hyundai. Headquartered in London, England JGD provides services to clients in North America, Europe and Australia.

Copyright © 2004 JGD Analysis

Contact:
James Davies
JGD Analysis Ltd.
+44 207 872 5704
jgdanalysis.com

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