April 2016

BoldIQ Team Find out how BoldIQ helps companies stay on schedule

The Bellevue company develops software aimed at helping transportation companies handle scheduling in a more efficient and cost-effective manner.

What: Bellevue-based BoldIQ, a developer of optimization and scheduling software for big transportation companies

Who: Roei Ganzarski, president and CEO

Demand for on-demand: BoldIQ helps on-demand services such as private airlines and delivery vehicles so that they can schedule their staff, cars and planes efficiently. As the on-demand economy booms, BoldIQ has been expanding its scheduling software into more industries.

New way of thinking: The company’s technology inputs data from every part of the business, including, for example, every job delivery trucks must complete in a given day, as well as immediate jobs as they get called in. The system also accounts for such industry regulations as employee lunch breaks and hours worked.

Building blocks: While not disclosing how its technology is built, Ganzarski said the company uses factors not common in software development, including physics and thermodynamics. “A (jet company), for example, would use our software to behave much bigger than they are,” Ganzarski said. “Because with the same number of planes and pilots, they can fly more people than their competitors can.”

In the moment: BoldIQ’s software can take data with thousands of factors and within seconds make a schedule that best uses all resources within a second. The company’s technology allows for last-minute changes and alerts, so other arrangements can be made.

Boeing boon: BoldIQ is working with Jepessen, a Boeing company, to license BoldIQ technology so that Boeing commercial airline customers can use the software.

Save money, save time: BoldIQ’s technology aims to help businesses save on everything from fuel costs to overtime spending, Ganzarski said. For example, BoldIQ helped private airline JetSuite manage planes and pilots so it can now fly each of its 200 airplanes more than 100 hours per month.

A plane start: BoldIQ’s roots launched in the early 2000s under the name DayJet, a company that used scheduling technology to operate an on-demand airplane service, mostly for business travelers. That company shut down, but its technology and early employees carried over to BoldIQ.

New industries: BoldIQ, with 14 employees in Bellevue, works with aviation and ground transportation customers. It plans to add health care within the next 18 months. Its software can help with scheduling nurses and operating rooms, Ganzarski said. The profitable startup raised a funding round from investors in 2013, and last month added Paul Maritz, the former CEO of VMware and DayJet investor, to its board.

Click here for the full story in Seattle Times

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Our Customer Executive AirShare Continues Growth Path

Executive AirShare has grown from a small regional Midwestern U.S. charter operator into a fractional-share provider serving the entire U.S. market.

EAS will continue to expand, likely into new regions in the U.S. Plumb, who took on the CEO role two years ago, has since focused on scalability, to enable EAS to grow efficiently. This includes adding new accounting and operations software (BoldIQ’s Astro) and hiring Mike Bianchi, a former airline v-p of operations, to run the maintenance department.

We’ve been profitable since the financial crisis,” Taylor concluded. “We’ve expanded every year. We continue to refine our recipe for success and make the business more scalable, and we’re in an excellent position.”

Click here to read the full article in AIN

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Boldiq Names New VP Of Engineering & Development – Christer Lundin To Lead All Engineering And Development Activities

BoldIQ has hired Christer Lundin as vice president of engineering & development. Lundin, with over 20 years of experience in the software industry, will be responsible for directing all of the company’s software engineering and development activities including the migration of key software solutions to cloud-based services.

“We are at the perfect point on our growth path to add a world-class software leader,” said Roei Ganzarski, President and CEO of BoldIQ. “Christer’s track record as an innovative technology leader speaks for itself and his experience, expertise and leadership will enable us to continue and push the realm of possible as we provide real-time dynamic scheduling as a service to our customers.”

Prior to joining BoldIQ, Lundin held leadership positions at Microsoft for 17 years, including most recently serving as Senior Director of Engineering for the Windows Azure – Server and Cloud Division where he was responsible for developing and implementing a number of first class highly available, scalable, distributed systems. Prior to Microsoft, Lundin led R&D at Sendit, a Swedish company eventually acquired by Microsoft, and worked at IBM Sweden and the World Bank. Lundin also served in the Swedish Military and earned his MSc in Engineering from the Swedish Royal Institute of Technology.

Read the full release here

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