Circle S.p.A., (“Circle” or the “Company”), company heading the homonymous Group specialized in the analysis and development of automation and digitalization solutions for port and intermodal logistics sectors, listed on the AIM Italia market organized and managed by Borsa Italiana, reports the start of the cooperation with Maps S.p.A., Innovative SME listed on AIM Italia active in the digital transformation sector, within the framework of pilot projects related to International Fast & Secure Trade Lane of European project FENIX - A European Federated Network of Information eXchange in LogistiXStudy.
As announced in January 2020, (see press release dated January 2020, 27th), the strategic alliance between Circle and Maps has a perfect fit due to the complementarity of their solutions.
These solutions are Milos® by Circle, and Maps’ Data Platform which utilizes Artificial Intelligence for real-time analysis of large amounts of data to optimize strategic and operational processes.
The main purpose of this partnership is to strenghten the joint proposal by offering Articial Intelligence and digitalization services of the multimodal chain. Additionally, it aims at sustaining Multimodal Transport Operators (MTOs), Freight Forwarders and Logistics Operators with a suite that enables them to select the best transport modes depending on several parameters like efficiency, availability of suppliers, qualitative requirements, savings, performance, and environmental sustainability.
This solution takes place within the framework of European project FENIX - A European Federated Network of Information eXchange in LogistiXStudy, for which Circle has obtained a contribution of EUR 1.3 million, through a new pilot project involving two of the major Italian MTOs.
This project represents for the two companies a solid test stage for their integrated approach and use of innovative technologies.
Luca Abatello, President & CEO at Circle said: “We are extremely pleased that this pilot arrives at time of field verification with two important MTOs partners. Also, we are proud that this step takes place by strengthening our cooperation with Maps, with which we share the vision of an increasingly digital supply chain and the use of Artificial Intelligence and optimization tools that give to logistic operators the opportunity to save costs and deliver innovative services”.
Marco Ciscato, President at Maps commented: “Our mission is to extract value from data to help companies empowering their full potential. That's why we believe that supporting Circle in innovating the logistics system can lead to meaningful processes' performance improvement with positive impacts on the environment and cost reduction.”.
