Reducing cargo emissions
An Internet of Things company has been awarded for its innovation in reducing cargo emissions.
First prize in the annual Swisscom IoT Climate Awards went to Nexxiot, a deep-tech company which focuses on monitoring cargo assets that do not have their own power, including railcars and intermodal containers.
“By monitoring an assets location and usage, Nexxiot supports its clients both in their commercial objectives and their sustainability goals at the same time,” said Stefan Kalmund, CEO Nexxiot.
“By increasing efficiency and reducing energy consumption and therefore CO2, it’s possible to address big problems with our technology which we built to scale.”
Greater transparency
Nexxiot Founder, Daniel MacGregor created the ETHZ spinoff in 2015 to address inefficiencies in the global supply chain industry.
Since then the company has worked towards creating greater transparency about locations and routes, significantly increasing the efficiency and capacity utilisation of trains.
Nexxiot creates integrated data-driven applications using its own IoT hardware devices, together with its own purpose-built intelligent cloud platform. These applications enable clients to reduce the number of empty assets and optimise routes and cargo services.
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.
Data from more than 2.5 billion travelled miles is stored in Nexxiot’s dedicated logistics cloud.