PTV Group to acquire Axylog, a leading transport visibility solution provider
Campofilone, Italy /Karlsruhe, Germany, 6 July 2022. PTV Group, global market leader for mobility and logistics software, announced today the acquisition of Axylog, a major transport visibility solution provider. With this transaction PTV advances its existing logistics portfolio and opens new growth potential. Customers will benefit from a single source solution for route planning, route optimization and logistics execution.
Axylog’s cloud-based, modern and easy-to-use transport visibility solution provides transparency, real-time monitoring, and control, as well as performance analysis for the entire transportation process. Retailers, wholesalers, the shipping industry, and transport service providers know the location and status of their shipment at all times. Customers can be informed easily about an order’s estimated time of arrival (ETA). The mobile app for drivers digitizes the entire pick-up and delivery process, including electronic POD (Proof of delivery). This plays a key role in the industry: According to the current PTV Logistics Trend Report, 78% of respondents say that digitization is a major or medium-sized challenge in their daily work.
Axylog’s technology is an ideal addition for PTV’s transport planning software. PTV Route Optimizer combines orders into optimal routes that reduce mileage and resources, all while considering restrictions such as time windows and drive- and rest regulations.
“Axylog’s transport visibility solution perfectly complements our route optimization portfolio and allows us to offer a comprehensive solution for the entire transportation planning and delivery process,” says Christian U. Haas, CEO of PTV Group. “Transparency and dynamic communication with customers are among today’s key elements for ensuring high-quality services. Together with Axylog, we will create new opportunities for our customers to improve customer experiences and accelerate business transformation.”
Axylog and PTV Group are linked by a long partnership. Numerous customers who already use both Axylog’s software and the PTV Route Optimizer software have demonstrated how well the two companies complement one another and harmonize. Merging the solutions will open up additional opportunities for new innovations and data-based products.
Axylog offers cloud services for the logistics sector. The company was born from the idea of the two founders, Fabrizio Petrini and Giuseppe Zazzetti, who have converged their experiences, respectively in logistics and information technology, in a collaborative platform project for the improvement of processes along the logistics chain. The constant commitment to research and innovation has contributed to the consolidation of the company making it a leader in its sector.
PTV Group is a leading global software company for traffic planning, simulation, and real-time management as well as a provider of optimization solutions for transport logistics. With more than 40 years of experience in the fields of mobility and logistics, the Germany-based company provides software products based on proprietary algorithms ranging from microscopic and macroscopic modeling and simulation of traffic to real-time traffic management, benefiting more than 2,500 cities and municipalities. In addition, PTV is one of the leading companies providing software for the planning and optimization of logistics processes, especially in the field of route planning and tour optimization. Bridgepoint acquired a majority stake in the company in January 2022 in order to further accelerate its growth together with Porsche Automobil Holding SE, which continues to hold a minority stake in PTV.
PTV. Empowering mobility.
PTV Group takes a holistic approach that integrates all aspects of traffic, transport and logistics to create and promote sustainable mobility. The PTV Group provides software solutions and consulting services to empower mobility and transport for a cleaner and smarter future. Its best-in-class software for intelligent traffic management and transport optimization enables decision-makers in politics, cities, industry, and trade save time and money, make roads safer, and protect the environment. PTV’s software simulate and demonstrate today how tomorrow’s mobility, with all its ecosystems and dimensions, can be realized – from strategic transport planning to micromobility for the first/last mile.
The company was established in 1979. Today, approximately 900 employees worldwide work on future-oriented solutions to create intelligent and eco-friendly mobility for everyone.
PTV Group, Karlsruhe