Press release

Savi Technology Announces the First Truly Global Sensor Designed to Eliminate In-Transit Blind Spots

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Sponsored by Businesswire

Savi®,
an innovator in big data/machine learning analytic solutions, supply
chain management software and sensor technology, today announced the
newest addition to its current suite of sensors. Savi Locate™ for global
multi-modal shipments is the first sensor built to operate on all
available 4G, 3G and 2G cellular networks to ensure shippers have live,
streaming visibility to goods in-transit worldwide. When coupled with
Savi Visibility™ software, shippers will have up-to-the-minute data
needed to mitigate the risk and cost of delayed or lost shipments.

The most significant visibility gaps in global multi-modal shipping
happen when a shipment is transferred from land-to-sea or sea-to-land.
Traditional Electronic Data Interchange (EDI) carrier messages provide
delayed milestone information. In the case of land-to-sea shipments the Loaded
on Vessel
message that a container has been loaded on a ship is
typically sent 1-5 days after loading. EDI does not offer real-time
information on location. Savi Locate for global multi-modal shipments
removes supply chain uncertainty by delivering objective and accurate
real-time, in-transit visibility data from the broadest range of
locations around the world. Savi Locate is the most affordable global
GPS sensor on the market. In addition to its global coverage, the
Industrial IoT (IIoT) sensor minimizes operations support requirements
with a battery life of 6 months to 5 years depending on ping interval.

“Our customers have already witnessed the benefits of real-time
visibility solutions in their supply chains, such as a pharma company
saving $15M worth of inventory from spoilage and an industrial
manufacturer reducing in-transit damage from shock,” said Rich Carlson,
CEO of Savi Technology. “Now, Savi’s new Locate sensor offers the
broadest coverage available today to help shippers measurably improve
customer delivery performance and reduce carrying costs. This product
continues Savi’s history of innovation in sensor technology and
end-to-end solutions for today’s global supply chains.”

Savi Locate is available to both commercial and government customers.

About Savi Technology

Savi delivers live streaming facts and insights about the location,
condition, and security of in-transit goods. Using big data and
analytics, Savi equips shippers, carriers, 3PLs, and governments with
actionable insights to optimize supply chains before, during and after
transit, reducing costs and inventory while improving service. Savi is
trusted to support some of the world’s largest and most complex supply
chain networks for large CPG companies, Pharma, the US DoD and over a
dozen government agencies around the globe. To learn more, visit www.savi.com.