Descartes Systems Group

Maptuit Corporation offers navigation solutions to transportation industry in the United States. It specializes in providing location information Web services for consumer, tracking, and traffic markets. The company's navigational solutions include mapping, fleet routing, and vehicle locating. Its products include FleetNav suite, which provides tools that combines directions, fuel, and alerts to help clients manage their fleet; FleetNav Directions that helps drivers get to their destinations on time; FleetNav Fuel that provides drivers and fleet managers with transportation optimization solutions; FleetNav Alert for monitoring fleet performance; FleetNav Service Vendor Locator that helps drivers find the closest vendor to their truck in need; and NaviGo that helps to drive trucks to final destination while avoiding dead-end streets, dangerous u-turns, and truck restrictions. The company also provides Geofencing technology, which is a Web-based editor for creating and maintaining georegions; and RealTraffic, which is an online traffic and directions application for supporting internal information services.   The company was formerly known as Maptuit.com, Inc. Maptuit Corporation was founded in 1999 and is headquartered in Burlington, Massachusetts.

Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes' B2B network, the Global Logistics Network, integrates more than 35,000 trading partners to our cloud-based Logistics Technology Platform to unite their businesses in commerce. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com.

<div>  <p>    Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes' B2B network, the Global Logistics Network, integrates more than 35,000 trading partners to our cloud-based Logistics Technology Platform to unitetheir businesses in commerce. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com.  </p></div>

Descartes Systems Group Inc reports results for the quarter ended in July 31 - Earnings Summary

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

Platforms that provide real-time visibility into the movement, location, condition of products, and environment as they move through the supply chain.

Information sharing and collaborative planning platforms that enable communication, coordination, and collaboration among supply chain partners.

Platforms that facilitate the tracing and verification of products or components throughout the supply chain, from origin to consumer.

Platforms that provide vendor risk intelligence to facilitate vendor due diligence and onboarding, compliance monitoring, contract management, and cybersecurity assessments.

Platforms that help organizations optimize supply chain processes through demand, supply, operations, and scenario planning.

Making cold chains faster, smarter, and cooler.

Cold Chain Innovation

Companies providing cold chain storage solutions, such as refrigerated facilities and warehouses for the secure storage of temperature-sensitive goods

Companies offering technologies to track and maintain precise temperature conditions throughout the entire supply chain, such as IoT sensors and temperature monitoring devices

Companies that design and produce packaging solutions to safeguard the integrity of temperature-sensitive products during transport

Companies that facilitate the safe and controlled movement of temperature-sensitive goods from one location to another, employing specialized equipment and logistics

Companies that provide technology-driven solutions to optimize and manage parts or all of the cold chain process

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

<div>
 <p>Descartes Systems Group, a multinational technology company, has bought BoxTop Technologies, a UK logistics firm known for its shipment management solutions. The purchase was made for an approximate value of GBP 10.25 million or USD 13 million.</p>
 <p>BoxTop Technologies provides tools for international freight forwarders and logistics businesses that streamline various stages of shipment management. This includes facilitating secure and efficient transfer of goods, from initial quotes to final delivery.</p>
 <p>In the aftermath of this acquisition, Descartes plans to incorporate BoxTop's technology into its Global Logistics Network. This move aims to improve the productivity and efficiency of Descartes' logistics services. This addition will provide a broader solution for shipment management end-to-end, while also extending Descartes' footprint in Europe.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> In April 2024, the company <a href="https:<br>
//sp-edge.com/updates/28697"> acquired </a> Aerospace Software Developments (ASD) to enhance its product portfolio. ASD's Irish customs domain expertise and advanced multi-country customs technology platform will be used to enhance the company's product portfolio, while its RFID-based solutions will be integrated with Descartes' CORE BLE real-time tracking platform.</p>

Descartes Systems Group

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