La French Tech Australia
650 billion dollars. That’s the estimated worldwide market size of courier delivery in 2020, according to Statista. A number that has doubled in just 8 years. With the exponential growth of fleets hitting the road, the competition to reach the end customer has not seen its peak yet. The stakes have also clearly shifted. We went from “how to deliver to the last mile” to “how to optimize my routes”. The human mind has exceeded its capacity to problem-solve increasingly complex equations in that field, the introduction of algorithms has helped the sector reach the next stage of efficiency and profitability. The AI market for the transportation industry is in fact projected to grow [https://www.ttnews.com/articles/ai-trucking#:~:text=A%20report%20by%20research%20firm,to%20%2410.3%20billion%20by%202030.] at a compound annual rate of about 18% until 2030. In today’s episode, we take a closer look at the market of route optimization. We welcome Simon Webb, cofounder of Tarot Analytics, an Aussie startup that builds business optimisation solutions. The flagship product is Tarot Routing – a Route Optimisation and Delivery Management tool that dramatically increases the efficiency of last-mile deliveries, distribution, and inspection runs. Tarot Analytics was also the winner of the FrenchTech ticket back in 2017, allowing the startup to set a foot in the South West of France.
8 episodios
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