FarEye wins pres­ti­gious World Post & Par­cel Award in tech­nol­ogy cat­e­gory

Kuwait Times - - TECHNOLOGY -

FarEye, a lead­ing Global Lo­gis­tics Man­age­ment so­lu­tion has claimed top hon­ors at the World Post and Par­cel Awards 2017, which was held in Paris re­cently. The com­pany was rec­og­nized for rev­o­lu­tion­iz­ing the Lo­gis­tics and Sup­ply Chain In­dus­try with its flex­i­ble, scal­able and fu­ture-ori­ented mo­bile so­lu­tions. Re­garded as the ‘Os­cars’ of the Lo­gis­tics in­dus­try, the World Post and Par­cel Awards 2017 cel­e­brated the suc­cesses of emerg­ing tal­ents in Mail and Ex­press in­dus­try across the globe.

Kushal Na­hata, Co-founder and CEO of FarEye and Gau­rav Sri­vas­tava Co-founder and CTO of FarEye ac­cepted the pres­ti­gious award in the ‘Tech­nol­ogy’ cat­e­gory on be­half of theiren­tire global team. Speak­ing on their achieve­ment, Kushal Na­hata, Co­founder and CEO of FarEye said, “We founded FarEyein 2013 with a vi­sion to solve the huge chal­lenge of vis­i­bil­ity and in­ef­fi­cien­cies in the sup­ply chain in­dus­try. We would like to take this op­por­tu­nity to thank our in­cred­i­ble team and clients for their con­tin­ued sup­port and faith in us. Hav­ing achieved this mile­stone, we shall con­tinue to march for­ward with a fo­cus on serv­ing our clients bet­ter, every day!”

“FarEye has been rev­o­lu­tion­iz­ing the sup­ply chain op­er­a­tions for en­ter­prises by em­pow­er­ing desk­less work­force and reit­er­at­ing suc­cess sto­ries across the in­dus­try ver­ti­cals. As a multi-lin­gual mo­bile prod­uct with a process en­gine to adapt to geo­graphic spe­cific lo­gis­tic pro­cesses, FarEye’s plat­form is cater­ing seam­lessly to the in­ter­na­tional de­mand. We are ex­tremely de­lighted to be listed as the global lead­ers in his­tory and this award is a tes­ta­ment of our in­no­va­tive­of­fer­ings,” added Gau­rav Sri­vas­tava Co-founder and CTO of FarEye.

FarEye’s in­tu­itive dash­board de­liv­ers com­plete vis­i­bil­ity to CxOsthus help­ing them en­hance their cus­tomers’ ex­pe­ri­ence and de­liver their brand prom­ise ‘real-time’. FarEye’s so­lu­tion is trans­form­ing op­er­a­tions through its in­tel­li­gent dis­patch and ma­chine-learn­ing al­go­rithms and em­pow­er­ing en­ter­prises by pro­vid­ing them a com­pet­i­tive edge. Through ar­ti­fi­cial in­tel­li­gence ca­pa­bil­i­ties and smart an­a­lyt­ics, the or­ga­ni­za­tions can en­hance their cus­tomers’ ex­pe­ri­ence with up­dates on the go.

FarEye cre­ated the world’s first Busi­ness Process Man­age­ment plat­form for Lo­gis­tics com­pa­nies to op­ti­mize their sup­ply chains, bring in vis­i­bil­ity and pro­vide deeper an­a­lyt­ics into their pro­cesses. The com­pany has been help­ing or­ga­ni­za­tions ex­e­cute ap­prox­i­mately 1 Mil­lion trans­ac­tions per day thus in­creas­ing the first-time at­tempts by 25 per­cent, re­duc­ing the fuel ex­penses by 28 per­cent and in­creas­ing the cus­tomer vis­its by 66 per­cent.

FarEye brings the ex­per­tise of work­ing with larger en­ter­prises across in­dus­try ver­ti­cals in­clud­ing Ex­press, Sup­ply Chain, Re­tail, Fi­nan­cial Ser­vices and Pathol­ogy. The lo­gis­tics man­age­ment so­lu­tion has been em­pow­er­ing over 75 large or­ga­ni­za­tions across 15 coun­tries in­clud­ing the likes of DHL-BlueDart, Zalora, Mara Xpress, Namshi, Hero FinCorp, Hi­tachi and In­dian wings of Amway and Wal­mart. FarEye had raised Se­ries A fund­ing last year to cater to over­seas de­mand with of­fices in Dubai and Sin­ga­pore. Fore­cast­ing the de­mand from de­vel­oped mar­kets, FarEye has al­ready ex­panded in the US and Europe hav­ing al­ready se­cured some large en­ter­prise projects and run­ning mul­ti­ple pi­lots for other com­pa­nies in par­al­lel.

Kushal Na­hata

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