Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the logistics sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, we are taking a look at 5 promising ‘X’-as-a-Service solutions.
Heat Map: 5 Top ‘X’-as-a-Service Solutions
For our 5 top 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 720 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Just In Time (JIT) – Logistics-as-a-Service (LaaS)
Logistics consumes a lot of resources and remains a challenging area for new entrants in the manufacturing or eCommerce industries. International shipments require certain capabilities and assets that companies don’t always have in-house. Rising logistics expenses have forced companies to find new ways to save money. LaaS providers remove the cost burden by cutting transportation costs while increasing customer experience.
Lebanese startup Just In Time is a B2B LaaS technology platform that empowers businesses by providing on-demand and same-day delivery services at a low cost. JIT offers an API that integrates with any third party ordering platform, enabling easy access to the drivers. JIT also provides its own fleet of electric vehicles for providing transportation services.
Intelipost – Software-as-a-Service (SaaS)
Designing supply chain networks without optimization or use of cognitive technologies leads to increased costs, fragmented fleet management and underutilization of resources. SaaS solutions provide operators with an advanced set of tools for route planning and freight management. Logistics companies do not have to contend with server management, fleet maintenance, and replacements, thus avoiding capital costs.
Brazil-based Intelipost is a cloud-based freight management and logistics platform that enables enterprises to become agile at scale and to automate their freight bookings. Intelipost allows companies to optimize their carrier selection by employing intelligent freight selection strategies and provide real-time tracking of shipments.
Emdad – Supply Chain-as-a-Service (SCaaS)
The ability to expand and shrink production and supply chain capabilities, in response to changes in customer preferences and demand fluctuations, is vital for companies with extensive supply chains. Companies require flexible assets and processes for supply chain management to keep up with market variations. Increasingly, we see companies leverage SCaaS to unlock assets, adjust rapidly and focus on product innovation.
Qatari startup Emdad provides SCaaS solutions to help companies with its different elements including procurement, manufacturing, warehousing, and logistics. Emdad provides end to end supply chain modeling and recommendations across the network by leveraging various sources of data.
Youredi – Integration Platform-as-a-Service (iPaaS)
With the advent of cloud computing, logistics enterprises face the challenge of cloud integration with on-site applications. The sensitive data and customized software of an enterprise do not suit the public cloud. iPaaS solutions provide tools to connect on-site software applications in the cloud to facilitate secure and real-time data sharing.
Finnish company Youredi develops a cloud integration platform that allows for automated connections, by deploying integration flows between the system and applications, using a simple configuration. Youredi provides the data infrastructure and server for building, deploying, and managing software applications in the cloud. Their iPaaS solution is scalable and is capable of handling large volumes of data.
Fetch Robotics – Robotics-as-a-Service (RaaS)
Using robots to automate the processes in a warehouse or storage facility brings high cost and efficiency improvements. Despite the obvious advantages of using robots, high capital investments hinder their wide-spread adoption in warehouses or sorting centers. RaaS solutions are developed to offer fast, cost-effective, and scalable automated technologies.
The US-based startup Fetch Robotics provides RaaS for automation of warehouses and e-commerce fulfillment centers that eliminate the large capital investments for such players to develop their own robots. They provide on-demand automation solutions by deploying Automatic Mobile Robots (AMR) with an integrated cloud-based interface and a pay-per-use subscription.
What About The Other 715 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 ‘X’-as-a-Service solutions showcased above are promising examples out of 720 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.