22.05.2024 09:31:47 - dpa-AFX: EQS-News: ALPHA Augmented Services AG Launches Global Rollout of New Product OptiInsight (english)

ALPHA Augmented Services AG Launches Global Rollout of New Product
OptiInsight

EQS-News: ALPHA Augmented Services AG / Key word(s): Market Launch
ALPHA Augmented Services AG Launches Global Rollout of New Product
OptiInsight

22.05.2024 / 09:31 CET/CEST
The issuer is solely responsible for the content of this announcement.

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ALPHA Augmented Services AG Launches Global Rollout of New Product
OptiInsight

  * First comprehensive solution for analyzing and optimizing entire supply
    chains to minimize CO2 emissions and logistics costs.


  * During an intensive two-year trial with a leading USA-based technology
    manufacturer, savings of 18 percent in CO2 emissions and logistics costs
    were achieved.


  * International companies across various industries are in discussion to
    acquire OptiInsight licenses.


  * Massimo Rossetti, CEO of ALPHA Augmented Services: "OptiInsight is a
    game-changer for the logistics industry as it reduces CO2 emissions and
    costs without additional investment required."


  * OptiInsight represents another milestone in ALPHA's commercial, product,
    and geographical growth strategy.


Zug (Switzerland) / Chicago (USA), May 22, 2024. ALPHA Augmented Services AG
(ALPHA Augmented Services), a pioneer in software-driven supply chain
optimization, has started the global rollout of OptiInsight. The new product
offers companies a comprehensive solution for optimizing their entire supply
chain. OptiInsight analyzes existing practices of inventory management,
order behavior, and shipment packaging. Furthermore, it incorporates
warehouse and transport capacity utilization, transit times, and last-mile
delivery processes into its robust analyses. Customers are presented with
concrete improvement opportunities with quantified savings for logistics
costs and CO2 emissions. With OptiInsight as their decision support
sidekick, business leaders can oversee their entire supply chain and
prioritize actions based on data-driven insights. Real-time monitoring with
OptiInsight allows for immediate countermeasures in case of performance
declines.

OptiInsight was developed by ALPHA's global team of logistics and technology
experts. The product was refined as part of a two-year customer
collaboration with a global leader in technology manufacturing. Shortly
after going live, the customer reduced logistics spend and CO2 emissions by
18 percent. OptiInsight is also achieving similar savings for other clients
across different industries and geographies. With its low-effort
implementation and significant business impact, OptiInsight is becoming one
of ALPHA's leading solutions and complements the existing portfolio of
optimization products.

Massimo Rossetti, CEO of ALPHA Augmented Services: "With OptiInsight, we
offer companies worldwide a powerful product that significantly reduces CO2
emissions while drastically cutting logistics costs. This combination of
economic and environmental benefits is unique and a game-changer for global
logistics. For the first time, sustainability and cost savings are not
mutually exclusive but, instead, go hand in hand. Over two years,
OptiInsight demonstrated its impact for a major enterprise with a global
logistics footprint. The strong interest from other companies does not
surprise us. OptiInsight is simple to use and highly effective."

With the rollout of OptiInsight, ALPHA Augmented Services has reached
another milestone in its growth strategy. OptiInsight complements ALPHA's
existing product portfolio which includes multiple other optimization and
CO2 tracking solutions, including, OptiShip, OptiFootprint, OptiOrder, and
OptiPack. In addition to creating strategic partnerships with leading
logistics providers, ALPHA's growth has been spurred by new customers from
various industries - ranging from household appliances, consumer
electronics, and high tech. To support this growth, the company continues
adding subject matter experts to its international team.

Massimo Rossetti, CEO of ALPHA Augmented Services: "We develop unique
solutions that place our customer needs above everything else. This approach
has proven successful as our solutions have immediately resonated with our
target market of enterprises and logistics providers. We continue to acquire
new customers while expanding our relationships with existing clients.
Nevertheless, I am convinced that we are just at the beginning of an
exciting journey. Our mission is to transform logistics to create a more
efficient and sustainable global supply chain."

About ALPHA Augmented Services

ALPHA Augmented Services was founded by experienced international logistics
experts and AI specialists and is supported by renowned investors and
pioneers of global billion-dollar transport and logistics companies. The
goal of ALPHA Augmented Services is to drive economic and environmental
improvements in the logistics industry, making significant contributions to
climate protection and emission reduction.

ALPHA Augmented Services' solutions identify inefficient and costly empty
space in logistics and help implement improvement measures such as
optimizing container loading, pallet building, and calculating the ideal
load capacity or item arrangement for each shipment. This transformative
approach can save a third of container capacity currently shipped by sea.
The solution seamlessly integrates into existing workflows and can be
implemented and used within a few weeks.

For more information, visit www.alphaaugmented.com.

Press contact Alpha Augmented Services AG

edicto GmbH

Axel Mühlhaus

alpha@edicto.de

Eschersheimer Landstrasse 42

60322 Frankfurt

Germany

Phone +49 (0)69 90550552


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22.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        ALPHA Augmented Services AG
                   Grabenstrasse 25
                   6340 Baar
                   Switzerland
   EQS News ID:    1908601




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1908601 22.05.2024 CET/CEST

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