Transmetrics’ predictive analytics solution will optimize maritime logistics using AI technologies and Marlink’s global multi-band network.
Oslo/Paris/Sofia, August 20, 2018: Transmetrics has signed an agreement with Marlink to establish a strategic business partnership aimed to provide their maritime customers with the cutting-edge predictive container optimization solution. The agreement will enable Transmetrics, a Forbes-awarded start-up, to leverage Marlink’s broadband satellite communications and customer networks to further expand into maritime logistics industry.
Marlink chose Transmetrics as a partner in line with their Smart Connectivity strategy to enable its customers’ digitalization and business efficiency. This partnership is strategically important for Marlink as it allows jointly with Transmetrics to support global maritime shipping companies and help them predict shipping volumes, optimize empty container moves and achieve savings, while making transport more efficient and environmentally friendly.
“Transmetrics will help us to address our cargo & container ship customers’ top priority; which is to digitalize end-to-end the logistics chain and fix the inefficiency of cargo transport and logistics. Partnering with the best start-ups, we are positioning Marlink as a leading digital company in the industry, creating tangible economic value for customers from their digital enablement strategies through our smart connectivity solutions,” said Gennaro Faella, Head of Strategic Business Development, Marlink
Transmetrics unlocks the power of big data to optimize empty container logistics. With extensive experience in demand forecasting and predictive optimization for cargo transport industry, the company has developed an innovative predictive asset management tool called AssetMetrics. Based on applying AI algorithms for data cleansing and demand forecasting, the AssetMetrics software suggests the optimal storage, repositioning and maintenance strategy for empty containers as well as the optimal levels of ‘safety stock’ at each location. It is estimated that with the AssetMetrics software, shipping companies can expect about 10-15% cost reduction of empty assets logistics.
“Marlink’s global multi-band network and extensive insight into maritime digital transformation will augment our predictive optimization software AssetMetrics, ensuring that together, we are positioned to deliver tangible operational and financial efficiencies to end-users,” said Asparuh Koev, CEO, Transmetrics.
Picture Credit: Marlink
Visitors to SMM 2018 in Hamburg this September can find out more about the partnership between Transmetrics and Marlink by visiting Marlink hall B6, stand 415.
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Transmetrics offers predictive optimization Software-as-a-Service based on Artificial Intelligence for the cargo transport industry. We use technologies like machine learning, data mining and predictive analytics to help cargo companies continuously increase their operational efficiency and reduce costs through data cleansing & enrichment, demand forecasting (based on the cleansed historical data and external factors) and predictive optimization. We are working with some of the leading cargo companies in the world by providing them with the tool for a proactive and data-driven decision making.
About the Marlink Group
The Marlink Group is the world’s leading provider of end-to-end managed connectivity and IT solutions. The group which includes Marlink, Telemar, Palantir, Livewire Connections and OmniAccess, provides maritime and enterprise customers with an integrated offering of reliable broadband communications and IT, digital solutions, bridge electronics, and flexible service and maintenance.
The Marlink Group’s unrivaled portfolio of multi-band communication solutions covering Ku-, Ka-, C- and L-band services is augmented with mobile and terrestrial links and an industry-unique range of digital solutions. With more than 1000 employees worldwide, the Group serves enterprise and maritime customers globally, including Shipping, Offshore, Cruise & Ferry, Yachting and Fishing, as well as Mining, Oil & Gas, Utilities, Humanitarian & NGO, Media & Events.
The Marlink Group delivers solutions with unrivaled service and support through an enhanced global footprint, including a network of sales and service locations ensuring customer proximity. Our 24/7 service desk, local presence on all continents and a network of 1250 service points staffed with highly qualified service engineers support our customers globally to operate their business in an ever smarter, safer and more profitable way.
More than 70 years’ experience, combined with our strong satellite network and hardware manufacturer partnerships, enables Marlink to bring the power of smart connectivity solutions to customers worldwide, helping them to digitalize their remote business operations wherever they are.
The Group is led by Erik Ceuppens as CEO.