Some job cuts, but our presence in Europe is essential, says FourKites
Supply chain visibility platform FourKites has denied it is closing its European offices. The US company ...
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PRESS RELEASE
– The addition of ClearMetal distinguishes project44 as the market leader in artificial intelligence (AI), machine learning (ML) and data science capabilities
– The combined solution provides improved supplier collaboration, end-to-end ETA accuracy, and order-level visibility
– This acquisition is the most recent milestone in project44’s tremendous growth and market adoption
CHICAGO–(BUSINESS WIRE)–Today project44 announced that it will acquire San Francisco-based ClearMetal, a market leader in international supply chain visibility and predictive analytics for enterprises. ClearMetal’s patented artificial intelligence (AI) enables organizations to optimize their supply chains and provides customers with easy access to trusted, live information about their orders and shipments. project44’s acquisition of ClearMetal is the latest growth milestone preceded by building on tremendous 135% YoY growth, crossing the $50M ARR mark, and being named a Leader in the latest Gartner Magic Quadrant. This acquisition places project44 on the cutting edge of logistics AI, enabling customers to improve agility, and resiliency across their global and multi-modal supply chains.
“Project44 has the broadest and deepest visibility network in the world, across all transportation modes,” said Jett McCandless, Founder & CEO, project44. “With the addition of ClearMetal’s advanced AI technology and data science team, we’re building on a strong foundation and extending capabilities to deliver more accurate, predictable ETAs and visibility into customer orders and inventory in transit.”
Over the past 18 months…
To read the full release, please click here…
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