FarEye mentioned in Gartner Market Guide For Vehicle Routing & Scheduling 2020

Analyst mentions

By FarEye | July 8, 2020

New Delhi, July 8, 2020 - FarEye, the leading logistics SaaS platform that enables efficient movement of goods has been mentioned as a Representative Vendor in Gartner’s recent Market Guide for Vehicle Routing and Scheduling 1report; published on 23 June 2020. This is the third consecutive mention for FarEye in the Market Guide for Vehicle Routing & Scheduling.

As per Gartner’s report, “Vehicle routing and scheduling (VRS) applications are evolving into solutions in which the routing algorithm is almost becoming a secondary feature. There is an increased focus on new technologies, such as machine learning (ML) and artificial intelligence (AI), and on functions such as last-mile fulfillment and customer experience”. “E-commerce and the transition to online shopping for many organizations continue to be a driver to adopt VRS technologies.” “The current global pandemic caused by COVID-19 has spurred many fleet-based organizations to look at VRS technologies as an ally to solve many of the challenges that have arisen in this crisis. Examples of this are geofencing capabilities and instant notification to keep drivers and end customers safe and compliant with new social-distancing measures.”

The report lists FarEye, among Representative Vendors. FarEye’s VRS application offers geo-fencing and geocoding capabilities enhanced with machine learning technologies. In terms of the last-mile capabilities, it includes dynamic slot booking feature, that can be integrated into its customers’ web portals to allow end customers to choose their delivery preferences in terms of delivery time or delivery cost. Amidst the pandemic, FarEye had offered its delivery optimization platform.

FarEye Serve, at zero cost to organizations involved in the deliveries of essential items to ensure on-time and contactless deliveries.

“COVID 19 impacted logistics operations due to subsequent lockdowns, driver shortages, and increased customer demand for home deliveries. Amidst these times we ensured that our platform works seamlessly and is able to support organizations involved in the delivery of essentials. We feel truly honored to receive the recognition in the Gartner's Market Guide for Vehicle Routing & Scheduling third time in a row. I believe the recognition is a testimony to the efforts taken towards innovating FarEye’s Predictive Logistics Platform, constantly, which enables enterprises to move goods efficiently.”

Kushal Nahata

CEO & Co-founder | FarEye

About FarEye:
FarEye’s Intelligent Delivery platform turns deliveries into a competitive advantage. Retail, e-commerce and third-party logistics companies use FarEye’s unique combination of orchestration, real-time visibility, and branded customer experiences to simplify complex last-mile delivery logistics. The FarEye platform allows businesses to increase consumer loyalty and satisfaction, reduce costs and improve operational efficiencies. FarEye has 150+ customers across 30 countries and five offices globally. FarEye, First Choice for Last Mile.

PR contact:
Jolene Peixoto, VP, marketing strategy & communications, jolene.peixoto@fareye.com

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