ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CCC® Diagnostics Launches Integration with asTech

Collision Repairers Can Digitally Capture Scan Information in CCC ONE® with CCC Diagnostics

CCC Intelligent Solutions (CCC), the SaaS platform powering the P&C insurance economy, today announces asTech®, a Repairify company and a leader in diagnostic, calibration, and programming solutions, has joined the CCC® Diagnostics network. The integration makes it easier for repair facilities to capture and document scan information in CCC ONE® workfiles. This streamlined service is available now via CCC ONE.

“We are proud to work with CCC to offer the thousands of asTech customers the ability to capture and share scan information as a seamless part of the repair process,” said Cris Hollingsworth, president, Repairify Global Holdings, Inc. “Repairers now have information they need right where they need it - in the workfile used to manage the repair. Safe, quality repairs are the primary Repairify objective, and CCC Diagnostics is an important connection for us to better serve the industry.”

The integration does not require a physical connection between the asTech device and CCC ONE. Information is uploaded wirelessly and the scan report is automatically attached to the vehicle's CCC ONE workfile. Activation is simple. Repair facilities using CCC ONE select their preferred diagnostic provider(s) from those available through CCC’s network and providers send scan data directly to the workfile. For repair facilities using CCC® Repair Workflow, CCC Diagnostics will digitally capture invoices from scanning and calibration requests.

“As vehicles increase in complexity, scans are an essential part of the repair process. Since 2017, we've seen a nearly 900 percent increase in appraisals that included a diagnostic scan," said Mark Fincher, vice president, automotive services group, market solutions, CCC. “Digitally integrated systems make it easier for repairers to access, capture, and document information needed to achieve complete repairs. CCC is committed to making it easier for our clients to achieve quality repairs and operate at the pace of innovation.”

CCC Diagnostics enables CCC repair facility customers to view the results of pre-, in-process, and post-repair diagnostic scans from their selected solution provider(s) directly in CCC ONE, significantly improving the efficiency and transparency of collision repair scanning. Repairers using the solution can share the results of vehicle scans with consumers to explain the necessary repairs, as well as with insurers using CCC ONE, providing a verifiable record of the scan completed by the repairer. The CCC Diagnostics interface is available to OEM scan tool providers, aftermarket providers, and telematics-based diagnostics solutions.

Learn more about CCC Diagnostics.

About asTech, Driven by Repairify, Inc.

asTech is the leading provider of complete diagnostic, calibration, and programming solutions to the collision industry. asTech provides cutting-edge expertise via remote and local diagnostic scanning using OEM and OEM-compatible tools for a safe and accurate repair, as well as access to the latest OEM-sourced calibration requirements, instructions, and services. asTech’s solutions leverage its patented technology and access to ASE and I-CAR Certified Technicians, who service many trouble codes remotely and provide real-time assistance to shop technicians at the vehicle when needed. asTech also offers mobile repair, key replacement, remote and in-shop services. Based in Plano, Texas, asTech is wholly owned by Repairify, Inc., a portfolio company of Kinderhook Industries, LLC. For more information, please visit: www.astech.com or www.repairify.com.

About CCC

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NYSE: CCCS), is a leading SaaS platform for the multi-trillion-dollar P&C insurance economy powering operations for insurers, repairers, automakers, part suppliers, lenders, and more. CCC cloud technology connects more than 30,000 businesses digitizing mission-critical workflows, commerce, and customer experiences. A trusted leader in AI, IoT, customer experience, network and workflow management, CCC delivers innovations that keep people’s lives moving forward when it matters most. Learn more about CCC at www.cccis.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC’s diagnostics solutions. Such differences may be material. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations and other risks and uncertainties, including those included under the header “Risk Factors” in most recently filed Form 10-K by CCC with the Securities and Exchange Commission (“SEC”) on March 1, 2022, which can be obtained, without charge, at the SEC’s website (www.sec.gov). The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  232.52
+0.14 (0.06%)
AAPL  273.40
-0.41 (-0.15%)
AMD  214.99
-0.05 (-0.02%)
BAC  56.17
-0.08 (-0.14%)
GOOG  314.96
-0.71 (-0.22%)
META  663.29
-4.26 (-0.64%)
MSFT  487.71
-0.31 (-0.06%)
NVDA  190.53
+1.92 (1.02%)
ORCL  197.99
+0.50 (0.25%)
TSLA  475.19
-10.21 (-2.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.