eeping the momentum going! We just arrived in Munich for Transport Logistic 2019 and we launched a new app: SenTra Scanner.
June 2019 Newsletter
JUNE 03, 2019
TRANSPORT LOGISTIC 2019
SensorTransport is selected to pitch at the prestigious Transport Logistics Trade Fair in Munich Germany. After evaluating stacks of applicants only 17 startups were selected to join in the “Start.Hub Logistics Platform”.
“For the First time at transport logistic 2019 the new future start.hub Logistics platform brings together interesting and innovative logistics industry start up ideas.”
SensorTransport is featured at a booth within the “start.hub” logistics area. We are also granted entry to the show, we will be featured in press announcements, and we are invited to pitch in front of the conference! Annika (our CFO) and Sascha (our CCO and Co-Founder) are attending. Annika is pitching.
Announcements, location, and pitch times will be shared on our website at sensortransport.com/tl2019 . See you in Munich!
Transport Logistic is the International Exhibition for Logistics, Mobility, IT and Supply Chain Management and the world’s biggest trade fair for freight transport by road, rail, water and in the air, in all its complexity.
WE WON! FIC: 2019 SUCCESSFUL PITCH
Photo: Stefan Groenfeld/Hamburg Startups
Our CFO Annika attended the Food Innovation Camp last month and pitched alongside other food and logistics startups, and she won the pitch event! Her emphasis on using IoT technology to reduce European food waste along the Food Supply Chain won the panel over. Congrats Annika!
It is only a 1 step process! After scanning, a simple “Pass/O.K.” or “Inspect for damage, Temperature Alert” message displays. The receiving process for vulnerable and perishable goods is now streamlined and efficient. The consignee does not have to search for a clunky data logger on the shipment and bring it to the office for the data to be read on a computer. Instead, they simply scan the Internet of Things (IoT) sensor and the temperature and humidity data collected during transport is automatically analyzed.
Based on configuration set via the command console, “Scanner” notifies the consignee (and shipper) of any logged sensor alerts and the delivery status.
All it takes is a simple tap to get started…
The app scans the sensor, uploads the encrypted data, and notifies the receiver if there are any temperature, humidity or shock alerts. SenTra Scanner is now available for customers to download on the Apple App Store and the Google Play Store.
IMPLEMENTATION DISCIPLINE + NETWORK EFFECT = GROWTH!
May to June we achieved a 60% growth in customers. The uptick results from new velocity and rigor in the implementation process, and from the “Network Effect” with new customers signing up after being introduced by existing customers.
Implementation: The goal is to bring customers from “Agreement Signing” thru to “Go-Live” with increasing velocity.
Network Effect: In May, we saw 5 new customer agreements attributed to referrals from existing shipping customers.
What are some of the factors that make this Network Effect possible?
- Universal App: A carrier using the App for one shipper can use the same App for all shippers.
- Dispatcher Interface: Dispatchers adopting this interface are inclined to use for all shipments.
- SaaS Model: Low cost to start and then easy to extend to all deliveries.
IN THE PRESS:
ST and our other NVP program cohorts get some spotlight from Roi-nj.com “NVP Introduces Latest Accelerator Cohort of 9 Up and Coming Tech Firms” http://www.roi-nj.com/2019/05/07/finance/nvp-introduces-latest-accelerator-cohort-of-9-up-and-coming-tech-firms/
If you want to learn more about the current status of IoT adoption and innovation give this a read: “Ten Trends Shaping the Internet of Things Business Landscape” https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/ten-trends-shaping-the-internet-of-things-business-landscape
From JOC.com, Peter Tirschwell recognizes the importance of carriers adopting IoT and blockchain technology to stay ahead in “Container Carriers Banding Together on Digital Development” https://www.joc.com/maritime-news/container-lines/container-carriers-banding-together-digital-development_20190603.html?destination=node/3608536
IN CASE YOU MISSED IT: FROM THE BLOG
SensorTransport at Transport Logistic 2019: https://sensortransport.com/tl2019/
SensorTransport May 2019 Newsletter: https://sensortransport.com/sensortransport-may-2019-newsletter/
Our goal is to deliver logistics solutions which protect top brands and deliver value against unique supply chain challenges. Our team leverages advanced IoT and Mobile App technologies to provide real-time monitoring of goods in transit.