inDrive achieves 1377% ROI using SHIELD's Device Intelligence to combat fraud, saving $104.6M over three years. Learn how SHIELD can help your business
A recent study by Forrester Consulting highlights the substantial financial benefits that inDrive, a global mobility platform, has gained by implementing SHIELD’s Device Intelligence solution. This solution, which focuses on device-level fraud prevention, has enabled inDrive to achieve a remarkable 1377% return on investment (ROI) over three years.
The Forrester study reveals that SHIELD’s Device Intelligence has delivered significant value to inDrive in several key areas:
SHIELD’s platform tackles fraud by assigning a unique SHIELD Device ID to every device that accesses the platform. This allows for the identification and mitigation of fraudulent activities originating from fake accounts and malicious tools like app cloners and GPS spoofers. Importantly, SHIELD’s solution achieves this without relying on personally identifiable information (PII), ensuring compliance with data protection regulations.
Before partnering with SHIELD, inDrive had attempted to combat fraud with an internally developed tool. However, this approach proved ineffective against sophisticated fraudsters who could easily manipulate common identifiers. SHIELD’s Device Intelligence provided a more robust and effective solution, enabling inDrive to proactively address fraud and achieve significant financial and operational benefits.
The successful collaboration between SHIELD and inDrive demonstrates the power of device-level fraud prevention in driving profitability and sustainable growth for businesses. By focusing on the device itself, SHIELD provides a powerful tool for combating fraud, protecting businesses, and fostering trust within their ecosystems.
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