July 1, 2020, Amsterdam/Sofia – Transmetrics is proud to announce and welcome Jonathan Fath as the Chief Operating Officer. Jon will have commercial and general management responsibilities, driving revenue, and contributing to product development based on his extensive experience in logistics assets management.
Transmetrics has been successful in the logistics market for the last 7 years and managed to grow from a startup into a leading predictive technology provider with a wide portfolio of customers among which are DPD, Kuehne + Nagel, Gebrüder Weiss, and NileDutch. With the strong focus on predictive linehaul network optimization, Transmetrics aims to further grow and expand their products to predictive asset management to help companies like container owners, trailer owners, and intermodal companies manage their assets in the most optimal way and reduce repositioning, storage and maintenance costs.
Jonathan is French; he graduated from the Paris-Dauphine University with a Master’s Degree in International Business. He has over 10 years of overall Business Development, Buy-Side M&A, and Corporate Strategy experience within global Fortune 500 companies and start-ups. He has a proven track record in creating and leading new business ventures, leveraging advancements in new business models and digital technologies in Europe, China, and North America. He has a strong background working in the logistics industry – some of his past job experiences include strategic positions within HNA Group and being the COO at a successful corporate-startup – Equivvy, which was funded by KION Group.
“Welcoming Jon to Transmetrics is a great privilege for the whole team. Jon has outstanding commercial performance and extensive international experience. In addition, he is very well-positioned in the asset management area, which makes him a great fit for Transmetrics. Hiring him is a vital strategic step of our development as an innovative provider of predictive optimization solutions for logistics because we plan to expand our product portfolio in the next two years, supported by the Horizon 2020 project,” said Asparuh Koev, Transmetrics CEO and Co-Founder.
“Transmetrics has recently been awarded by the European Commission in the ultra-competitive European Innovation Council Accelerator programme. This will support the development of Transmetrics’ unique AI-driven logistics optimization software. The company is well-known for its successful work with some of the leading logistics companies in the world, and I’m very proud to join the team to help our customers addressing extreme inefficiencies in this market space,” added Jonathan Fath, newly appointed Transmetrics COO.
Transmetrics offers predictive optimization Software-as-a-Service based on Artificial Intelligence for the supply chain industry. By using technologies like machine learning, data mining, and predictive analytics, Transmetrics’ products help companies to continuously increase their operational efficiency and reduce costs. Product implementation consists of three steps: data cleansing, AI enrichment, and BI reporting; business optimization modeling; and predictive resource optimization. Transmetrics works with some of the leading cargo companies in the world, providing them with the tools for proactive and data-driven decision making.
The Transmetrics project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 945610.
Alex Lapshin, Lead Digital Marketing