Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the logistics industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. So, let’s take a look at promising route planning solutions.
Heat Map: 5 Top Route Planning Startups
For our 5 picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 548 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Intelligent Routing – Route Optimization
One of the main objectives of a route planning application is to optimize routes in a smart way to scale up the business. In terms of fleet management, route planning plays a significant role in advanced delivery route planning by reaching the right location at the right time. For advanced delivery route planning, Intelligent Routing, a startup from South Africa, provides fleet managers with tools to optimize routes, manage deliveries and track vehicles. It enhances the operations of organizations taking into account their constraints such as time as well as number and types of vehicles.
Loginext – Last-Mile Route Planning
Last-mile delivery is of great importance because of its economic impact on operational cost. Any deviations from planned routes can potentially cause more costs for companies. Last-mile route optimization is very effective in minimizing the route time and helps increase the number of deliveries per day. Automating route planning has an edge as the built-in algorithms keep tabs on parameters like traffic congestion, street signals, and road restrictions while providing consistently optimized routes, thus saving time and resources. US-based Loginext addresses the challenges of last-mile delivery by offering a full stack route planning system with automated delivery route planning, route optimization, advanced geocoding and heat map analysis of customer location.
Mapbox – Turn-by-Turn Navigation
Applications based on turn-by-turn navigation are especially important for inner-city delivery as they analyze traffic, incidents and lane instructions in real-time, and ensure timely delivery. The US startup Mapbox provides a smart navigation system based on real-time traffic routing with turn-by-turn navigation. Its navigation system analyzes real-time incidents such as traffic jams, accidents, and closures along the planned route.
Skyfy – Live Geotracking
Along with route planning and optimization, real-time live tracking of fleet and asset is essential to make last minute decisions. Live tracking helps change the route to avoid being stuck in a traffic jam, monitors speed, and fuel status. Singaporean Skyfy develops a single portal that fulfills all these requirements. It provides a route planning and vehicle tracking system that involves geofencing, tracking past routes, engine immobilizer and displaying reports.
Locus – Data-Driven Logistics
Data-driven forecasting in logistics boosts a company’s capability in optimizing route planning, truck loading and many more through collecting data and analyzing this data using artificial intelligence and deep learning. Also, data-driven logistics enhances processes such as drivers allocation, vehicle tracking, and ETA. Indian Locus offers these solutions to companies looking for route optimization, automated shipment sorting and driver allocation through innovation-driven technology, deep learning, and artificial intelligence.
What About The Other 543 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 route planning startups showcased above are promising examples out of 548 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.
