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.
About Axylog
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.
About PTV
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 as part of Umovity.
PTV Group is a leading global software company for traffic planning, simulation, and real-time management. With more than 40 years of experience in the fields of mobility, 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. Bridgepoint acquired a majority stake in the company in January 2022 in order to further accelerate its growth together with shareholder Porsche Automobil Holding SE. Since 2023 PTV Group and Econolite are united under the brand Umovity.
Umovity (PTV Group & Econolite). Mobility for Humanity.
Umovity is a global market leader for end-to-end traffic management and transportation technology that takes a holistic approach to provide safer, smarter, and more sustainable Mobility for Humanity. Uniting the best-in-class solutions for intelligent traffic management systems, cloud-based adaptive traffic control, real-time traffic management software, controllers, cabinets, and sensor products by Econolite, and simulation and predictive modelling software by PTV, Umovity enables innovators and decision makers in politics, municipalities, and industry to shape smart and livable communities, multimodal mobility, as well as Connected and Autonomous Vehicles (CAV). For more information, visit www.umovity.com .