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SAN FRANCISCO, Aug. 27, 2020/PRNewswire=KYODO JBN/--

    Locus, a global B2B SaaS company that automates human decisions in

logistics, today announced its recognition in Gartner's "Hype Cycle for

Transportation Industry, 2020[1]" as a Sample Vendor within the Last-Mile

Delivery Solutions category. Gartner is a leading research and advisory company.

    "These solutions are adaptations of traditional routing and scheduling,

wherein a route could be replanned and a dispatcher would control the process.

Many of these solutions use AI and machine learning to speed up the

optimization process and predict occurrences and impacts based on real-time

information," said Gartner in the research report.

    The Locus platform uses deep machine learning and proprietary algorithms to

offer smart logistics solutions like route optimization, real-time tracking,

insights and analytics, beat optimization, efficient warehouse management,

vehicle allocation and utilization. Locus also helps companies optimize their

end-to-end supply chain network with its strategic consulting offering.

    Locus presently works with top clients across Southeast Asia, North

America, Europe, and India. It has offices in the USA, India, Indonesia, and

Vietnam.  The top management of the company includes executives from Amazon Web

Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and

data scientists with PhDs from the Carnegie Mellon University and the

University of Illinois, among others.

    "The COVID-19 pandemic has made last-mile logistics all the more important.

With increasing customer expectations, last-mile delivery technology will only

become more critical for the success of companies, and in fact, will act as a

key differentiator between brands," said Nishith Rastogi, CEO, Locus. "We are

really happy to be named as a Sample Vendor in Gartner's Hype Cycle for

Transportation Industry, 2020, and to see Last-Mile Delivery Solutions receive

a 'high' benefit rating."

    Locus was also recently identified as a Representative Vendor in the

Gartner "Market Guide for Vehicle Routing and Scheduling" report.[2]

    The company has so far raised $29 million from tier-1 investors like Tiger

Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners & growX

ventures, among others.

    Gartner subscribers can log in to read the full research on the website.

    [1]Gartner, "Hype Cycle for Transportation Industry, 2020," Ivar Berntz,

Venecia Liu, Thierry Kuperman Le Bihan, Pedro Pacheco, 13 August 2020.

    [2]Gartner, "Market Guide for Vehicle Routing and Scheduling," Oscar

Sanchez Duran, Bart De Muynck, 23 June 2020.

    Gartner Disclaimer

    Gartner does not endorse any vendor, product or service depicted in its

research publications, and does not advise technology users to select only

those vendors with the highest ratings or other designation. Gartner research

publications consist of the opinions of Gartner's research organization and

should not be construed as statements of fact. Gartner disclaims all

warranties, expressed or implied, with respect to this research, including any

warranties of merchantability or fitness for a particular purpose.

    About Locus

    Locus is a deep-tech platform that automates human decisions in the supply

chain to provide efficiency, transparency, and consistency in logistics operations.

    The platform uses deep machine learning and proprietary algorithms to offer

smart logistics solutions like route optimization, real-time tracking, insights

and analytics, beat optimization, efficient warehouse management, vehicle

allocation and utilization. Locus powers more than two million deliveries daily

across Southeast Asia, the Indian Subcontinent, Europe, and North America.  

Visit our website [https://locus.sh/ ]to know more!

    Media Contact: Please reach out to Marketing@locus.sh

    Logo: https://mma.prnewswire.com/media/1197609/Locus_Logo.jpg 

    SOURCE: Locus