Zurich/Bucharest, September 1st 2021 – Nexxiot, the innovative Swiss IoT company and the Romanian railway undertaking E-P Rail are entering into a partnership. The focus of the collaboration, besides the digital transformation of rail freight, is new and innovative services for E-P Rail’s customers. In doing so, the two companies are driving forward the idea of ‘TradeTech’, which reimagines the capabilities of global supply chains through digitization. The equipment of the entire E-P Rail freight car fleet with IoT sensors, will begin in the coming months. This will enable global asset and cargo transparency and open the door for the development of new, disruptive business models. With this new partnership, Nexxiot is significantly expanding its activities in Eastern Europe.
Romania has the third largest rail network in the European Union and E-P Rail is currently among the largest eight rail companies in the country. They know the challenges of the market and the needs of its customers. That is why the company is focused on developing cutting-edge technology to drive its business forward and meet major challenges with the latest data-driven tools. Working closely with other large rail operators and lessors, E-P Rail always focuses on value creation and digital services for its own customers. It has also already developed own mobile phone apps for management of critical processes and to create transparency around operations. The Nexxiot solution now adds the next level of data for digitizing processes.
Radu Gabriel Gheorghiu, the owner of E-P Rail and also CER Fersped, the E-P Rail’s freight operator, promotes a culture of innovation in his companies:
“We seek out and integrate the very best solutions for our cargo customers, so they feel secure and can always find the right cargo transport for their specific needs, whatever their requirements may be. We believe strongly in digital technologies and want to remain at the forefront of our sector by driving innovation. Nexxiot’s sensor gateways, cloud-based software and analytics will help us to achieve our current mission objectives.”
Nexxiot will deliver about 1100 gateway devices, called Globehoppers, to the Romanian company in the coming months to digitize the entire wagon fleet. In addition to Globehoppers, E-P Rail benefits from the Nexxiot software which cleans and analyzes the data. The dedicated logistics cloud processes the Big Data collected using machine learning and algorithms. For E-P Rail, this enables improvements to operational performance and creates new services which are valued by customers because it makes their supply chain more transparent, agile and predictable. New cargo services for end customer will come online in the coming year.
Nexxiot CEO, Stefan Kalmund said: “It is an exciting moment for both organizations. Nexxiot has evolved rapidly from an innovative young IoT company to an industry leader in TradeTech. With deep analytics to process and extract meaning and value from Big Data using algorithms and the latest machine learning techniques”.
About E-P Rail
The foundations of the E-P Rail company were laid in 2013 out of the desire to offer customers quality services and the need to shorten the journey time of freight trains transiting several European countries. In the time since its establishment, the company has purchased no less than 11 latest generation locomotives, 6 LEMA type products produced by Softronic Craiova, 5 Smartron type, the creation of the German colossus Siemens and over 2000 wagons of different types. For a better anchoring in reality, over the years, branches have been opened in several European countries, such as Austria, Germany, Slovakia and Hungary, and locally, E-P Rail acquired in 2017 the company CER Fersped, freight operator on the Romanian’s railway. In recent months, the E-P Rail company has managed to consolidate its third place in terms of number of km traveled, with a monthly average of over 140,000 km, and 4 million tons transported annually in Europe. In the last two years, E-P Rail has managed to develop and improve in the container transport mechanism, currently reaching a monthly volume of over 2000 containers. As plans for the future, the company E-P Rail wants to continue the acquisition of Smartron and LEMA locomotives, to increase its container transport capacity and to expand its management team. For more information, visit www.e-prail.ro
About Nexxiot
Nexxiot AG from Zurich, Switzerland, is a driver of the digital logistics of tomorrow. The company’s goal is to enable a five percent reduction in global CO2 cargo emissions by increasing cargo transport efficiency and eliminating waste caused by empty runs and inefficient routes. To achieve this, the company empowers its clients to leverage the power of their data with cutting-edge technology. Therefore, Nexxiot provides an integrated solution to track, find and protect cargo from over 160 countries around the globe and across 450 network roaming partners to ensure trust, security, and efficiency. Data from more than 2.5 billion travelled miles is stored in Nexxiot’s dedicated logistics cloud. Employees from over 20 countries contribute to the success of the company. In addition to its headquarters in Switzerland, Nexxiot operates in Germany, the USA and is pursuing a global growth strategy. For more information, visit www.nexxiot.com
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