The Supply Chain Matters blog features our 13th in the year 2020 consolidated editions of This Week in Supply Chain Management Tech.
This series presents a brief synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership.
Since our last full capsule edition published on September 26, we have featured some dedicated blogs focusing on individual significant announcements.
They included our October 22 posting highlighting China bases retail platform provider Alibaba’s incremental $3.6 billion investment in Sun Art Retail. The other was last week’s breaking tech news regarding business spend management technology provider Coupa Software announcements that it has acquired supply chain design and analytics technology provider Llamasoft for $1.5 billion.
Included in this capsulated edition are highlights of noteworthy announcements and/or developments from:
Cloud Logistics by E2open and Uber Freight
09 Solutions and project44
Descartes and ShipTrack
Seegrid and Box Robotics
Amazon Web Services and Carrier Corporation
Aquiline Drones and Drone Volt
Cloud Logistics by E2open and Uber Freight Partner for Integration of Freight Broker Rates
Cloud Logistics by E2open (Cloud Logistics) and Uber Freight announced a partnership on a direct Application Programming Interface (API) integration for access to digital freight brokerage rates and capacity when planning or executing shipments within the industry’s Transportation Management System (TMS). According to this announcement, Cloud Logistics and Uber Freight will work together to provide shippers with a new level of ease, flexibility and rate transparency to successfully secure capacity in today’s increasingly uncertain and fast-moving markets. The integration will allow shippers on the Cloud Logistics TMS platform to access Uber Freight’s real-time pricing and broad network of in excess of 60,000 global carriers without having to exit the TMS platform.
Uber Freight‘s integration with the Cloud Logistics TMS via API reportedly allows shippers to view instant quotes from carriers in Uber Freight’s extensive network, tender shipments and take advantage of instant access to capacity.
In early October, Uber Technologies announced selling an estimated $500 million stake in its Uber Freight brokerage service to select private investors led by New York based private equity firm Greenbrier Equity Group.
o9 Solutions and project44 Partner in Supply Chain Control Tower Capability
o9 Solutions, an integrated planning and operations provider, announced an extension of this provider’s partner eco-system with project44, a supply chain logistics visibility Cloud based platform. This partnership reportedly will deliver an integrated capability to help leading brands make informed decisions, boosting productivity through real-time, high-fidelity data and deep predictive insights across modes.
According to the announcement, project44 will provide a data signal to the o9 planning platform’s control tower to identify any disruptions in the global transportation network. Equipped with actionable insights delivered to joint customers can help implement agile planning and scenario management to mitigate the risks and drive delivery excellence within the entire supply chain.
Supply Chain Control Tower decision-making capability has evolved to identify opportunities and respond to shifts in product demand and supply effectively. However, the evolution of control tower visibility requires the highest quality data across all modes and geographies. Project 44 technology helps customers tap into an extensive and high-performing visibility network across 145+ countries. Using an advanced machine learning model, the provider incorporates the context of the trip and comprehensive historical data, including historical carrier data, local weather and road regulations, driver hours of service, dock hours, and more.
Descartes Acquires Ecommerce Final Mile Technology Provider ShipTrack
On demand SaaS provider Descartes Systems Group announced that it has acquired ShipTrack, a provider of ecommerce final-mile technology. Headquartered just outside Ottawa Canada, ShipTrack provides Cloud-based mobile resource management and shipment tracking technology to help customers automate dispatch, updates on shipment status and estimated time of arrival (ETA), along with eliminating paper-based delivery processes.
According to the announcement, Descartes acquired ShipTrack for up-front cash consideration of $CAD 25.0 million (approximately $USD 19.0 million, plus potential performance-based consideration. The maximum amount payable under the all-cash performance-based earn-out is $CAD 25.0 million, based on ShipTrack achieving revenue-based targets over the first two years post-acquisition.
Seegrid Corporation Acquires Box Robotics
Self-driving industrial vehicles for material handling technology provider Seegrid Corporation recently announced that it has acquired Box Robotics, a mobile robotics startup bringing high-definition maps, three-dimensional LiDAR, and deep learning to the warehouse and manufacturing automation space. This acquisition will reportedly help accelerate next-generation perception and more human-like, situational awareness technology to Seegrid’s vision guided vehicles (VGVs).
Financial terms were not disclosed.
Philadelphia-based Box Robotics, led by the former Love Park Robotics principals Tom Panzarella and John Spletzer, focuses on 3D perception autonomy with human-like situational awareness for industrial robots. This acquisition reportedly will accelerate the deployment of even more advanced functionality for Seegrid’s vehicles.
Amazon Web Services Partners with Carrier Corporation for Cold Chain Monitoring
Amazon Web Services, Inc. (AWS), an Amazon.com company, and Carrier Global Corporation, a global provider of healthy, safe, and sustainable building and cold chain solutions, announced a multi-year agreement to co-develop Carrier’s new Lynx™ digital platform.
The Lynx platform will combine AWS’s Internet-of-Things (IoT), analytics, and machine learning services with Carrier’s refrigeration and monitoring capabilities, extending current digital offerings for managing the temperature-controlled transport and storage of perishables. Customers using the Lynx platform will reportedly benefit from end-to-end tracking, real-time alerts, automated processes, and predictive analytics to help them deliver temperature-controlled cargo more efficiently, in turn decreasing the cost of cold chain operations by optimizing resource utilization and reducing cargo loss and spoilage.
This suite of tools will reportedly provide Carrier customers around the world with enhanced visibility, increased connectivity, and actionable intelligence across their cold chain operations to improve outcomes for temperature-sensitive cargo, including food, medicine, and vaccines.
The collaboration builds on Carrier’s selection of AWS as its preferred cloud services provider in February 2020.
Aquiline Drones Signs Exclusive Manufacturing License with Drone Volt
Hartford Connecticut based Aquiline Drones, a manufacturer of unmanned aerial systems (UAS) and cloud technology provider for commercial drone operations, recently announced that it has signed exclusive U.S. manufacturing and distribution licensing agreements with Drone Volt, a French aeronautic manufacturer of professional civilian drones, on-board artificial intelligence, edge computing and unmanned aerial systems (UAS) production.
Under the terms of this five-year agreement, Aquiline Drones will take over the global production of two popular and proven drones from Drone Volt’s suite of products, including the Hercules 2 and the highly coveted, Altura Zenith. Aquiline Drones will also be the sole manufacturer of the Pensar smart camera, a multispectral sensor, complete with artificial intelligence and edge computing capabilities.
Further to the collaboration, Aquiline Drones will be the exclusive provider of the Hercules 2, Altura Zenith and the Pensar in the United States, thus filling a much-needed gap in American-made drone products and systems.
The new development comes on the heel of the U.S. Department of Justice’s (DOJ’s) announcement on October 9th, that it has officially banned the use of DOJ funds to purchase or operate any drone from ‘covered foreign’ countries. China is estimated to originate more than 70 percent of the global share of commercial-off-the-shelf (COTS) drones.
This concludes our latest edition of This Week in Supply Chain Management Tech.
An Added Note to Readers– Supply Chain Matters will feature our capsule views of This Week in Supply Chain Tech highlight series periodically as announcements warrant.
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