NextBillion.ai and Locus Announce Strategic Partnership to Transform Supply Chain
Locus, a global technology platform that solves logistics challenges using proprietary algorithms, Artificial Intelligence (AI) and Machine Learning (ML) announced its strategic partnership with NextBillion.ai, an enterprise Map Data + AI platform. This collaboration combines Locus’ expertise in automating complex supply chain decisions with NextBillion.ai’s industry-leading location tech offerings — map data management service, maps APIs, SDKs and tools.
The companies will accelerate global supply chain solutions and drive sustainable impact through their technological capabilities.
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“Together with Locus, we’re working to enable use cases for businesses with location at their core. Our goal is to offer hyper-localized solutions that address gaps in the mapping and geospatial data industry. We’re grateful to Locus for their partnership and support,” asserted Ajay Bulusu, co-founder of NextBillion.ai.
“Our shared vision of providing full-stack solutions and scalable enterprise tech solutions in logistics is a key driver of our partnership with NextBillion.ai. We are confident that with NextBillion’s data layer and Locus’ AI & ML application capabilities we will unlock new supply chain solutions and empower enterprises in this space”, said Nishith Rastogi, Founder and CEO of Locus.
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For NextBillion.ai’s customers, the strategic partnership will power use-cases like — AI-fueled route optimization, scheduled + on-demand dispatch planning, last-mile optimization, on-demand deliveries, pooling and order batching, and emergency services dispatch. The learnings from Locus’ big data will strengthen the mapping platform’s capability to build hyper-accurate maps.
This new partnership will help Locus provide its customers with a greater ability to incorporate customer-specific routing preferences, road restrictions and routing behavior of individual vehicle types. The logistics automation platform will also be able to offer extremely fast map updates and integrated turn-by-turn navigation.
“Locus and NextBillion.ai both are disruptors in the location tech industry. The teams have exemplified the ability to build and deliver high-performance route optimization and map data solutions for enterprise-specific needs. We look forward to witnessing how this partnership transforms the global supply chain,” stated Navroz D Udwadia, co-founder of Falcon Edge Capital — an existing investor of NextBillion.ai and Locus.
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