Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

NextBillion AI Announces Mapping Industry Solutions For Telematics and Last-Mile Logistics

SAN FRANCISCO, Calif. – January 29, 2021 – NextBillion AI, an industry-leading startup in mapping platforms that provides software-as-a-service (SaaS) for enterprises, announces solutions for hyperlocal custom map API industry pitfalls in on-demand deliveries, telematics, and last-mile logistics.

Last-mile delivery teams rely on keeping ETA promises highly accurate, NextBillion offers custom and hyperlocal geocodes, search functionality, ETAs and snap-to-road solutions based on individual fleet and delivery use-cases. 

“Every country has different truck laws, every vehicle type drives at a different speed, and each organization has different rules for hours of operations and drive-time,” said Gaurav Bubna Co-Founder of NextBillion AI. “NextBillion AI accounts for these various constraints in three ways: Inferences telemetry using our advanced ML to observe drive-pattern and roads taken, ingesting rules and logic directly from customers, or giving customers access to mapping tools to make their own adjustments on-the-fly natively into maps itself.”


This software-as-a-service (SaaS) solution factors in local road restrictions, vehicle types, rest and meal breaks and other specific special constraints. NextBillion applies AI to learn local traffic and weather conditions, unstructured addresses, and unique driving behaviors to build custom map APIs.

"For businesses that produce a high-volume of route optimizations and distance matrix calls, computations normally require 30 minutes to return optimal routes. NextBillion AI offers on-prem and private cloud solutions which allow a 3-5 minute return and an increase of up to 10x in performance and reduced latency," said Ajay Bulusu, Co-Founder of NextBillion AI.

Global Geocode API Solutions: 

  • Handle Unstructured Delivery Addresses: APIs designed for specific delivery scenarios, such as type errors or poor formatting
  • Customize Rankings and Relevance: Built on-top of datasets to create the ideal search experience for various user scenarios, such as pickups vs drop-offs
  • AI Leverages Historical Data: Seamless integration combines previous delivery addresses and lat longs with NextBillion APIs to ensure mistakes can't occur twice

Enterprise solutions include custom scalable features for routing, navigation, directions, and distance matrix with lower final mile delivery costs, faster final destination arrival times, lower order cancellations, accurately priced orders, and fewer customer support tickets.

NextBillion AI’s solutions are natively built on OpenStreetMap, this allows for the highest level of customization and seamless integration with downstream engines for all industry map tiles.

For more information visit: https://nextbillion.ai

NextBillion AI
NextBillion AI was founded in January 2020 by COO Ajay Bulusu, chief product officer Gaurav Bubna, and CTO Shaolin Zheng. They formerly worked with the map team at Grab, a multinational ride-hailing and food-delivery company. NextBillion AI is headquartered in Singapore and currently has 45 employees spread across Hyderabad, Bengaluru, India, and Singapore. NextBillion AI has raised $7M in funding backed by Falcon Edge Capital, Lightspeed India Partners, and several private investors.

 

 

The Latest

More Stories

VARGO® announces several vendor partnerships and client expansions in Q3 2024

Dublin, Ohio (November 19, 2024) — VARGO®, a leading provider of material-handling systems integration, warehouse execution software and equipment solutions, has announced several new vendor partnerships and customer advancements that are helping them to create efficiencies and empower fulfillment.

VARGO® and Tompkins Robotics have signed a mutual partnership, designating VARGO® as an authorized integrator of the technology. “Tompkins is an obvious choice in partner for us,” said Bart Cera, CEO. “Their robotics solutions are conducive to a weightless, continuous flow as well as being modular and quickly deployable. Their solutions have the ability to shrink or grow with the size of our customer’s operation which will allow us to utilize it often and in many different merchandise categories.”

Keep ReadingShow less

Featured

Seegrid joins Open Source Robotics Alliance

Seegrid RS1 AMR utilizing ROS 2 to perform manipulation task in industrial facility.

Photo courtesy of Seegrid

Seegrid joins Open Source Robotics Alliance

November 19, 2024 - Seegrid Corporation, a leading manufacturer of autonomous mobile robot (AMR) solutions for palletized material handling in the US, today announced its membership in the Open Source Robotics Alliance (OSRA), an initiative of the Open Source Robotics Foundation (OSRF). Through this partnership, Seegrid will contribute its industry-leading expertise through its active involvement in the open-source robotics community. The company joins a vibrant network of innovators, collectively driving open-source development for the betterment of the global robotics landscape.

As part of the OSRA, Seegrid will actively support initiatives that foster collaboration and shared knowledge across the robotics field. The company aims to participate in key OSRF activities, including the renowned ROSCon event, as well as on-line communities such as GitHub and ROS Discourse.

Keep ReadingShow less
Rich Egan headshot

Rich Egan, Averitt's vice president of international solutions

Averitt

Averitt names Rich Egan vice president of international solutions

COOKEVILLE, Tenn. – Averitt has appointed Rich Egan as the company’s new vice president of international solutions. Egan, who brings over 40 years of experience in the transportation industry and has specialized in international logistics since 1990, will assume the position held by the retiring Charlie McGee.

Since joining Averitt in 2019 as director of international solutions, Egan has played a pivotal role in shaping the company’s global logistics strategy. His expertise and commitment to service excellence have contributed significantly to Averitt’s growth in this sector. In his new role, Egan will lead the international solutions team and drive strategic initiatives to enhance Averitt's global logistics offerings.

Keep ReadingShow less

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less
HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less