Roambee's 2023 Year-End CEO Newsletter - Unified Platform, Japan JV, & AI Awards

Sanjay Sharma | Feb 19, 2024

Roambee 2023 year-end Newsletter

Hello Everyone,

As we reflect on the year 2023, I am excited about what we have achieved at Roambee. Roambee added 45 new enterprise customers with about half of them being Forbes Global 2000 companies.

Our commitment to delivering innovative AI-enabled visibility solutions for the supply chain industry has not only powered our growth but also solidified our position as a leader in this dynamic sector. As per MarketsandMarkets, the global supply chain visibility market is expected to reach $22.9 billion by 2024, growing at a CAGR of 17.2% from 2023 to 2024.

2024 will be a turning point for the industry in supply chain orchestration, automated execution, and visibility solutions. The current landscape comprises of a complex array of visibility solutions, including sensor-based systems, carrier aggregators, and solutions for last-mile visibility. Enterprises are currently facing challenges with fragmented data and the significant investment required for system integration. For instance, an Aberdeen Group report estimates the average cost of system integration in supply chain projects is $1.2 million.

In response to these challenges, more global enterprises prefer to consolidate their visibility providers in favor of a unified, complete, integrated horizontal and vertical stack. Over the next few months, we can expect to see a rise in consolidation of visibility platforms in the industry, as the value of a unified supply chain technology ecosystem becomes increasingly evident.

With customer centricity at its core, Roambee embarked on creating this unified visibility platform for its customers in 2023, and earned industry recognition from CSCMP, Inc., AI Breakthrough, Inbound Logistics, and more.

Please read on to learn more about our achievements and milestones in 2023.

Industry Recognitions for Roambee’s AI-Driven Unified Visibility Data

Roambee Awards

74% of supply chain leaders plan to invest in AI-powered visibility solutions in the next 24 months in a report published by Supply Chain Management Review.

Roambee not only unified milestone automation (non-sensor visibility) with sensor-driven visibility and last mile visibility into a single pane of glass to facilitate end to end orchestration, driving operational efficiency, security & compliance, optimizing reusable assets, and sustainability.

We surpassed the data expectations of our clients in terms of accuracy & timeliness, marked by significant recognitions and AI awards in 2023. These accolades not only celebrate our achievements but also reinforce our position as a leader in AI and platform-based solutions.

CSCMP: Supply Chain Innovation Award for Best AI-Solution

Conferred by the prestigious 2023 Supply Chain Innovation Award by the Council of Supply Chain Management Professionals (CSCMP), this award is a testament to our innovative approach in transforming supply chain operations and driving the industry forward. The competition, featuring over 25 case study submissions, recognized Roambee’s contributions to supply chain innovation.

Roambee wins CSCMP: Supply Chain Innovation Award for Best AI-Solution

Inc.: Best in Business 2023 in the AI & Data Category

In 2023, we received recognition from Inc. Magazine on our AI & Data capabilities, highlighting our extraordinary impact in our field of work and on society.

AI Breakthrough: Best AI-based Solution for Supply Chain

The AI Breakthrough program attracted more than 3,200 nominations with winners apart from Roambee including AMD , OpenAI , Microsoft , Bosch , Qualcomm, Palo Alto Networks, Softbank Robotics, Honeywell, Mercedes-Benz, and an impressive list of top companies.

Inbound Logistics: Top 20 AI Applications in the Supply Chain

In addition, Roambee was featured in Inbound Logistics article on the “Top 20 AI Applications in the Supply Chain” for its role in shaping the future of AI applications in the supply chain industry. (Read the full article)

Looking Ahead: We Expanded Our Global Footprint

Globally Present: Expanding with Precision

This year marked a significant milestone for us at Roambee with our strategic expansion into Japan through a joint venture with Central Soft, a leading Japanese software and services company. This collaboration is a transformative step in bringing real-time supply chain visibility to the Japanese market, offering enterprises unmatched insights into their operations.

The enthusiastic reception of our solutions in Japan, where Global 2000 customers are already benefiting from our technology, is a testament to the need and readiness for advanced supply chain solutions in this market. Our joint venture is specifically tailored to meet the unique requirements of Japanese customers, focusing on localization, value-added services on top of our platform, and custom applications that align with Japanese business practices and supply chain operations.

Kentaro Koga, CEO of Central Soft, and I share a vision for this partnership to lead supply chain innovation in Japan. By combining our cutting-edge, AI-powered supply chain intelligence with Central Soft’s extensive experience and deep understanding of the Japanese business landscape, we are poised to revolutionize how enterprises in Japan manage and optimize their supply chains.

This joint venture is a significant step in the supply chain technology landscape, putting us at the forefront of digital transformation in Japan and the APAC region. We aim to enter more markets that required high quality supply chain visibility for orchestration in 2024, continuing our mission to transform supply chains worldwide.

Shifting Horizons: Perfecting the Recipe for 100x Better Predictions

As we continue to innovate and expand the capabilities of our solutions, we stay at the forefront of supply chain visibility and intelligence. Our various platforms reflect this commitment, highlighting our capabilities in providing comprehensive solutions for modern supply chain challenges, with the following capabilities:

Roambee's Innovation Map

Understand how the Unified Visibility Platform works

Our platform’s vertical & horizontal expanse has evolved to not just provide various tools for tracking, but also comprehensive ROI-centric solutions that empower businesses with the timely truth & outlook needed for proactive supply chain management.

The Road Ahead in 2024

As we look back on an exciting year, I want to extend my heartfelt thanks for your continued support and belief in Roambee.

As ever, we remain committed to leading the charge in supply chain visibility and intelligence. In 2024 and beyond, we will continue to double down our focus on innovation, customer collaboration, and strategic expansions to meet the evolving needs of the global supply chain industry.

Stay tuned for more insights and updates.

Warm regards,

Sanjay Sharma