Augmented Reality Financial Overlay for Vehicle Evaluation
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Solution Overview
Problem
Current systems lack the ability to effectively present relevant financial product information to users in real-time while they evaluate vehicles, as they rely on manual queries and do not integrate image data with financial and vehicle data seamlessly.
Innovation Solution
A computing system that uses image sensors to retrieve vehicle data from a database, generates visualizations of financial products based on user financial information, and overlays this data onto the image of the vehicle on a display, allowing users to interact with the visualizations for further information or applications.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If manual queries are used to retrieve financial product information, then users can obtain financial information, but the process is time-consuming and not integrated with vehicle evaluation
Solution Approach 1:
The system pre-retrieves and stores financial product information in databases before the user needs it. When a user views a vehicle, the system automatically queries the financial database using the user's identifier and the vehicle's identifier to instantly retrieve relevant financial products, eliminating the need for manual queries at the moment of evaluation.
Solution Approach 2:
The system merges the vehicle evaluation process with financial product information retrieval by integrating multiple databases (vehicle database, financial database) and automatically correlating data based on vehicle and user identifiers. This combination allows financial information to be presented seamlessly within the vehicle evaluation interface without requiring separate manual actions.
2Loss of information
If financial product information is presented in traditional formats, then users can view information, but the information is not visually integrated with the vehicle being evaluated
Solution Approach 1:
The system transitions from traditional separate-document financial information presentation to an augmented reality interface where financial product information is overlaid as visual elements directly on top of the vehicle image. This dimensional change integrates financial data with the visual vehicle evaluation in a single unified view, allowing users to see both the vehicle and relevant financial products simultaneously without complex multi-page navigation.
3Speed
If real-time financial product retrieval is implemented, then users get immediate information, but the system requires integration of multiple databases and data processing
Solution Approach 1:
Financial product information and vehicle data are pre-stored in respective databases with proper indexing by vehicle identifiers and user identifiers. When a user views a vehicle, the system performs a single coordinated query across databases using these pre-established indexes, enabling rapid retrieval of relevant financial products without ad-hoc complex data processing at query time.
Data Source
AI summary
A system may a processor that may receive image data of a vehicle via one or more image sensors and retrieve vehicle data regarding the vehicle from a vehicle database based on the image data. The vehicle database may include a first set of data regarding a plurality of vehicles. The processor may then retrieve financial data regarding a user from a financial database, such that the financial database includes a second set of data regarding financial information concerning the user. The processor may then determine one or more financial products associated with a purchase of the vehicle, generate one or more visualizations representative of the one or more financial products, and modify the image data depicted on a display to include the one or more visualizations.