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Two Major Corporations Jointly Taking Over the Market
AI-powered insights augment Turvo’s platform capacities, facilitating optimization of orders, shipments, and inventory. ODYN Co-Founders join Turvo to spearhead the new advanced technology center that is built to focus on IoT, AI and data science
FREMONT, CA: Turvo, a leading collaborative logistics platform, acquired an AI-enabled visibility platform ODYN to step-up the integration process of connected sensors into its platform. Through this acquisition, Turvo plans to expand its IoT and AI competencies and open a new state-of-art technology center led by ODYN co-founders, Marc Held, and Konstantin Klitenik.
The company’s platform connects people, businesses, and systems, putting Turvo in a unique position to maximize the value of IoT solutions in the supply chain. With ODYN, the company has added talent and technology to accelerate from the opportunity to provide better results for the customers.
ODYN’s easy-to-use sensor hardware contributes to the item-level visibility and world-wide connectivity with no infrastructure required. Customers can power-up and connect the devices to a shipment, a holistic process that will stop the excess consumption of time and cost of set-up while providing global reach. Data from ODYN sensors, collective with relevant public and private data sets offers highly detailed visibility and compelling insights. These insights permit users to amplify customer service levels while optimizing orders and in-transit inventory. ODYN also divides its essential customer synergy with Turvo and at present has several Fortune 500 companies actively deploying its technology.
Turvo facilitates customers to transform their supply chains operations with a cloud-based platform digitally. It bonds and widens the existing systems while enabling a seamless way for corporations to work jointly. ODYN’s technology will enrich Turvo’s platform to give complete end-to-end supply chain transparency. Since Turvo is an open platform, the joint functioning will also pave the way for more profound integration. The coalesce within an ecosystem of IoT partners to sustain the broadest spectrum of customer requirements.
In addition to the above, Turvo will open an advanced technology center to divert focus on IoT, AI, and data science. The center will initiate an improvement in the speed-to-market of new solutions as well as assimilation efforts with other IoT sensor providers.