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Private Aviation Innovators BoldIQ and Jet Edge International Announce Partnership

Bellevue, WA – October 15, 2020 – BoldIQ and Jet Edge International are combining forces to deliver a uniquely responsive private aviation service. Looking to drive further growth, Jet Edge will employ BoldIQ’s best-in-class optimization technology, Solver, to enhance and augment its planning and scheduling process. Solver, powered by AI and programmed by expert Operations Research scientists, will support this leader in the burgeoning private aviation sector.

“We are tremendously excited by this partnership with a great company like Jet Edge,” said Shelly Freeman, COO at BoldIQ, “Our team looks forward to supporting its growth with a solution that will increase utilization and network efficiency in real-time.”

“BoldIQ’s optimization technology will be a key enabler as we expand our fleet and product set,” noted Jet Edge CBDO Gary Waldman, “This partnership will provide the capability to adapt even more quickly to a changing market as we pursue our mission of providing a complete end-to-end aviation services solution for all private jet flyers, buyers, and aircraft owners worldwide.”

About Jet Edge International
Jet Edge International is a premier private aviation services platform that provides a full suite of services to aircraft owners, including flight operations, charter services, in-house maintenance and repairs, and aircraft sales and acquisitions. The company was built to service the most sophisticated individuals and corporations in the world with focus on safety, security, and flawless execution. Jet Edge is a Top 3 Large-cabin charter operator in the United States and adheres to the three most prominent safety standards in the industry: ARGUS Platinum, Wyvern Wingman, and the International Standard for Business Operations (IS-BAO) Stage 3 certification.
For more information about JetEdge International aircraft management, private jet charter, and aircraft sales please visit: www.flyjetedge.com.

You may also view this announcement on the JetEdge site.

About BoldIQ
BoldIQ provides on-demand scheduling in real-time at a large scale for dynamic customers whose complex operations change daily. Built on a strong foundation of Operations Research science and operational AI, BoldIQ’s Solver is an advanced planning and scheduling platform delivering safe, quick and cost-effective technology for true on-demand scheduling for operations at scale.
BoldIQ’s optimized scheduling helps customers free up to 30% of their resources and reduce operating costs by up to 25%, increasing profitability of up to 20%.

BoldIQ a top 50 Admired Company for 2020

CEO Views have selected BoldIQ as one of the top 50 Admired Companies of the year 2020.

With its AI-powered planning and scheduling solutions for aviation, logistics, and other complex industries, the company’s Solver is state-of-the-art technology for real-time decision making to drive greater utilization and maximum efficiency. Even at this unprecedented time, Solver customers continue to grow, be profitable, and scale to keep pace with disruption and increasing customer demand. Not surprisingly, at BoldIQ’s core is a customer-centric, delivery-focused team. These scientists and technologists are the foundation of the company’s performance and delivery excellence.

“It’s a great honor to announce BoldIQ as one of the top 50 Admired Companies of the year 2020,” said Ben Johnson, Managing Editor of CEO Views.

“We are constantly innovating and improving Solver,” remarked Shelly Freeman, COO of BoldIQ,” and are therefore grateful to be recognized as one of the best in class in the technology landscape.”

About BoldIQ

BoldIQ provides on-demand scheduling in real-time at a large scale for dynamic customers whose complex operations change daily. Built on a strong foundation of Operations Research science and operational AI, BoldIQ’s Solver is an advanced planning and scheduling platform delivering safe, quick and cost-effective technology for true on-demand scheduling for operations at scale. BoldIQ’s optimized scheduling helps customers free up to 30% of their resources and reduce operating costs by up to 25%, increasing profitability of up to 20%.

About CEO Views

Published from Farmington Hills, Michigan, CEO Views is a print and digital magazine that aims towards providing the perfect platform for entrepreneurs to connect with the industry peers while exploring and understanding innovations that are changing the technology landscape of today and moving towards a newer world.

Read more about the award here.

Keeping Pilots, Crew and Passengers Safe During Pandemic Conditions

There is no precedent in the aviation industry for how difficult 2020 has been so far.

“Financially, 2020 will go down as the worst year in the history of aviation.” declared Alexandre de Juniac, IATA’s Director General and CEO. And as The Economist points out in this sobering report “this won’t just affect foreign holidays; it could disrupt the workings of the globalized world.”

However, halfway through this unimaginable year, we are finally seeing indications that air travel is starting to take wing once again. Private aviation is leading the way, with bookings up to around 80% of pre-pandemic levels. Not surprisingly, a significant number of these flights are new private jet fliers.

As more and more people look to take to the skies once again, we are helping our private aviation customers do the utmost to provide a safe, supportive and productive work environment while helping them keep sight of business goals and risks.

Our scientists and developers have spent a great deal of time over the last few challenging months helping these customers rethink how COVID-19 impacts customer and crew safety procedures, analyzing associated planning and scheduling implications, and projecting business impacts for various scenarios.

Passenger and crew safety are of course still the paramount drivers. However, today’s environment compels the added constraint of limiting human contact to the safety calculus. Even at the best of times, pilots and crews prefer to get back to home base every day if possible. Today, this has become a key driver for many planning and scheduling decisions.

Currently, we can reduce the number of contacts outside home and create work bubbles by grouping and pairing crews. Importantly, the schedule keeps them just a drive home at the end of the last leg whenever possible. This protects them as well as the passengers by limiting and even eliminating hotel stays, meaning they can avoid contact with different crews and terminal personnel as well as drivers and other service staff.

In short, our customers are using new rules to reduce overnights and travel times for crews. This keeps them in the air and reduces the general exposure for both them and their passengers.

Read the original article on LinkedIn.

BoldIQ named one of 50 Leading Companies for 2020

50 Leading Companies

 

In the latest of a string of honors for the Seattle-based software solutions provider, Silicon Review has named BoldIQ one of the 50 leading technology companies of 2020.

As one of the world’s trusted online and print community for business and technology professionals, Silicon Review choose BoldIQ for its innovative software platform. The company’s flagship product, Solver, combines AI with expert Operations Research science to deliver a leading optimization platform for advanced scheduling, disruption management and instant availability checks.

“We are excited to be selected as one of the leading companies this year,” said Shelly Freeman, BoldIQ’s COO, “All the credit is due to our team of dedicated and whip-smart people who continue to build complex scheduling solutions for our aviation and logistics customers.”

Read about the award here, and find a more detailed review of BoldIQ here.

BoldIQ’s Solver featured in Tech Company News interview

In a recent interview with Tech Company News, BoldIQ’s Pete Moe talked about Solver, the AI-powered advanced planning and scheduling platform that is now moving beyond its roots in the private aviation industry. As other mission-critical and costly operations, such as surgery, or even logistics, need also to keep pace with daily disruptions and increasing customer demand.

As Pete tells it : “We enable them to scale for growth and profitability by ensuring the greatest possible resource utilization in real-time.”

Read the full interview

BoldIQ’s OR scientists have changed the future of business

Operations Research (OR) is a young science, going back only to WWII, when the kind of collaborative AI we use for advanced planning and scheduling today was the stuff of science fiction. And while BoldIQ’s own OR scientists Alex Khmelnitsky and Eugene Taits are not quite of that vintage, they clearly remember how they came to realize the potential of OR in an increasingly on-demand world.

“We came from totally different fields,” explains Alex, “We were working on image compression technology, and then compression for audio and video.”

“And before that, theoretical physics and applied mathematics, so we were kind of total amateurs in this field, which turned out to be a good thing,” Eugene interjects with a chuckle.

Just to be clear, these “amateurs”, both original members of the BoldIQ team, are PhDs: Alex from the Moscow Institute of Physics and Technology, and Eugene from the Belarusian State Technological University.

“But seriously, we think this gave us a fresh viewpoint on the problems as we started working on jet service optimization,” Alex continues, “From the very beginning OR was actually dedicated to optimizing scheduling and resource assignments. In fact, some of the very early computers were tasked with maximizing utilization problems, although it wasn’t yet ingrained in business thinking.”

“This was mostly in the planning stages, for static processes,” Eugene adds, “For instance, modeling a full supply chain. But computers were too slow, and there was no way to supply the necessary data to support real time decision making.”

And despite infinite advances in processing power, bandwidth and an abundance of data, they are still surprised at times by what they discover when it comes to business planning and scheduling.

“Even in the 21st century, there are big companies that are still scheduling in a highly manual way, using spreadsheets,” remarks Eugene, “and this is not suited very well to a schedule that changes fairly often due to disruptions.”

Alex picks up the point: “People are used to certain historical ways of solving planning problems, and these unfortunately continue to be taught. These are not applicable to real-time scheduling problems. Today, we can replace many assumptions and statistical predictions, and create more complicated models, as there is so much more data available to describe the scheduling process.”

“It’s like solving a very large multi-dimensional puzzle,” says Eugene, “These are complex problems that are very difficult to solve. But, if you can clearly describe the rules associated with your business, you can make critical business decisions much faster and with much better accuracy.”

This is so much more critical today, as on-demand takes on a whole new meaning. Customers want it here and now, or they will go where they can get it. And while OR is truly a science, like most science, there is an art to crafting problem models.

Not surprisingly, both men agree the most rewarding, and most challenging, part of OR is modeling. They credit their physics backgrounds, and a love of clean code, as the solid foundation from which they launched into operations research.

“In physics, to understand how a part of the universe works, you must first model it, and then solve using mathematical methods,” Alex explains, “A good model gives good results, and the physics really helped us know how to build good models.”

“And like physics, a significant amount of intuition and creativity is required for the modeling,” Eugene continues, “There are so many ways to describe a process, only some of which are helpful, and only some of those are computer-friendly. The ability to create a common-sense model that is also programmable, this is where the art comes in.”

As for the future, Eugene and Alex have a goal that will transform operations research: a generic optimization engine capable of solving a vast range of complex planning and scheduling problems.

“Our vision is that practically any complex optimization problem will be solved, and ultimately, without modeling or programming skills, only by natural human language input” states Alex.

“Why not?” asks Eugene, “Anywhere there is a mix of different processes, resources and events, and especially anywhere the schedule changes reasonably often due to disruptions, we now have the processing power, the bandwidth and the data to use AI for real-time decision making. ”

BoldIQ named as one of the 30 fastest growing tech companies

Already seen as a top local company, Seattle-based BoldIQ is now getting national recognition with its next generation platform for AI-optimized real-time scheduling to help its customers scale, grow and be more profitable.

The Silicon Review interviewed CEO Erez Yarkoni as part of its spotlight on BoldIQ. With its initial success helping companies like NetJet get off the ground in a major way, Yarkoni is now leading a strong and growing team in taking BoldIQ’s proven platform out to more and different markets.

“It’s a demand-driven world, uninhibited by the constraints of supply, timing and disruption, ” said Yarkoni, “A business needs to be available whenever and wherever customers call. We help them figure out how to do that. Because our solution integrates into their operations management system, usually some sort of CRM or ERP platform, we collect the real time status of their available resources and pending service requests. This means that our proposed solutions are built holistically from a network perspective. When you can consider the whole picture like that, you can really ensure the right resources are assigned to the right task.”

 

Read the full article

The Silicon Review is the world’s most trusted online and print community for business & technology professionals. Its community members include thought-provoking CEOs, CIOs, CTOs, IT VPs and managers, along with jillions of diverse business professionals.

Seattle Business Honors Washington’s 100 Best Companies to Work For – 2018

 

BoldIQ was thrilled to be named one of Seattle Business magazine’s 100 Best Companies to Work For in 2018.

Our employees completed anonymous surveys and ranked BoldIQ against other small companies in Washington state based on 10 categories: corporate culture, executive leadership, benefits, communication, hiring/retention, performance standards, responsibility/decision making, rewards/recognition, training/education and workplace environment.

BoldIQ attended Seattle Business magazine’s gala to celebrate the win with more than 1,200 attendees at the Washington State Conventions Center.  Shelly Freeman, Vice President at BoldIQ, said, “we are honored to be one of the Best Companies to work for in Washington State. This is a testament to the passion of our teams who work so well together to continue to build world-class solutions and services for our customers.”

Read the full article

Seattle Business is an award-winning monthly magazine read by thousands of business executives across the state. It delivers insight into the key people, enterprises and trends that drive business in the Pacific Northwest, providing perspective on the region’s ever-changing economic environment.

BoldIQ, Drones, and Supply Chain World

Drones & The Demand Chain in 2018

Since 1980, the supply chain has rapidly evolved with the introduction of logistics systems via computers to the emergence of enterprise resource planning (ERP) systems. And 2017 only fueled this progress bringing about a new era of logistics with the introduction and emergence of next-generation technologies like drones and sidewalk bots, driverless delivery vehicles, and next-generation intermediaries such as technology driven brokers.

These technologies are being rapidly developed and introduced due to the changing nature of the economy and resulting shift from supply-driven to demand-driven operations. It’s no longer the manufacturer or distributor deciding what to sell and when, but rather the consumer dictating what to buy and when to have it delivered.

As companies begin testing and implementing these futuristic technologies, the promise of new delivery services continues to gain popularity. In fact, drones are projected to have a $14 billion economic impact within the first three years with the potential to grow to $82 billion by 2025. Although this seems like only a fraction of the $676.2 billion made by the American trucking industry in 2016, ‘smart’ technologies like drones and bots will start to carve out their niche and create a significant impact on the supply chain over the next year.

Here’s a look at how drones and bots are sure to impact the supply chain in 2018 and beyond:

Drone Delivery Will Take to the Sky

It’s a bird, it’s a plane…. wait, it’s your online order heading to your front door by a drone. Over the next year, we’ll begin to see an increase in this new mode of delivery in non-urban areas where the safety risks are smaller and logistics are much simpler to manage. Coupled with new consumer expectations for same-day delivery or at least date-defined delivery, the use of drones will allow companies to meet this quick turnaround.

Drones also require less overhead costs as opposed to traditional delivery methods like trucks and airplanes. Just think: a large-scale delivery model requires a wide array of resources including drivers, trucks or planes, space to store equipment, regional depots, and much more in order to succeed. With these facts in mind, it’s likely we will see drones slowly replace some of these routes that have been traditionally fulfilled with trucks and airplanes to increase efficiency, delivery time and curb costs.

Showcasing the potential of delivery drones, other countries are already starting to capitalize on the futuristic tech. For instance, Rwanda is using drones to deliver blood to nearly half of all of the country’s blood transfusion centers while Switzerland is incorporating networks of drones into various aspects of its healthcare industry. And the US isn’t far behind.

In early November 2017, the Department of Transportation (DOT) launched a pilot program allowing states to test new types of drone operations, including package deliveries. The program allows companies interested in deploying drone fleets for deliveries access to necessary testing which may have previously been out of reach. Backed by the successful trial runs from industry giants like Amazon and UPS, we can expect to see drone delivery as another option when clicking the ‘checkout’ button with our next online order.

Step Aside for Sidewalk Delivery Bots

In addition to delivery drones, sidewalk bots will start to appear in dense urban areas where challenges and risks like traffic, power lines, and high-rise buildings may prevent the usage of other ‘smart’ technologies like drones. These bots provide companies with a perfect solution for short distances, delivering a takeout meal or the morning coffee and donut from storefront to your doorstep within a matter of minutes. While this method may be a few steps behind the growing popularity of drones, several startups are working to make sidewalk bots a societal norm.

In reality, this doesn’t mean there were no hiccups during the initial ideation phase of this new system of ‘smart’ deliveries. In May 2017, San Francisco proposed legislation looking to outlaw the usage of autonomous delivery bots stunting the potential to optimize processes. Because of this, the implementation of sidewalk bots for daily usage may face a few hurdles before we experience widespread adoption. In the meantime, we can expect to see cities shift their attention to smaller and less risky technology to help enable the concept of life on-demand in metro areas and revolutionize the supply chain as we know it in 2018.

Welcome to 2018 and Beyond

Over the next year, we’ll reach a turning point as a society and start to see the evolution of the supply chain industry with the introduction of ‘smart’ logistics and delivery technologies. Now, with all of this added convenience in mind, do you think we should incorporate drones and bots into our daily lives?

Click to see the article in the magazine

BoldIQ recognized as one of 8 top stories of 2017 by Seattle24X7

Seattle24x7’s Top Stories for 2017

It’s time to recap a few of the highlights in another breakthrough year for the region’s ongoing leadership in Internet commerce and content.

In 2017, Seattle saw the light at the end of a new tunnel (nicknamed Bertha) connecting points north and south along the downtown corridor. We anchored the tenancies of more of the world’s tech titans (Google, Facebook. et al.) — forming a world-class hub for remote engineering on South Lake Union (“Silicon Lake”). We ushered in the VR/AR revolution with new hardware and software standards. We funded the next generation of our academic community’s computer science program. And we continued our prominence in E-tail, online travel, real estate and gaming, including the hosting of Valve and Steam Software’s DOTA2 Finals with its epic, ten-million dollar first prize.

Here’s a sampling of the digital ink we spilled across our desktops at Seattle24x7 in 2017:

All About Amazon: Why “Day 1” Will Always Be Groundhog Day
How Amazon systems have been designed to affirm the very best practices in fostering a forward-thinking corporate ecosystem.  View Article

Crunching the Numbers: From USAFacts to OED’s Business Decision Engine
Steve Ballmer was born a numbers guy. The former Microsoft CEO and NBA team owner describes how he is applying the empirical, numerical truth to evaluate governmental performance with USA FactsView Article. 

A Fierce Conversation with Susan Scott:  Keeping It Real, Making it Work, Anonymous Trolls, Preposterous Trump and Ferocious Success
Susan Scott, one of the most sought-after self-improvement and HR counselors and keynoters in America, explains why we must pierce the din and clutter with Fierce Conversation.
View Article

To Bing or Not to Bing, That Is Her Question
Christi Olson, the explainer-in-chief and Microsoft Evangelist for the Bing search engine, spotlights the differences between Bing and Google and why they could not be more profound. View Article

The PR for Which WE Stands
Melissa Waggener Zorkin made history with the founding of America’s first female-owned amd operated PR firm. Today WE Communications continues to make history for a roster of A-List clients on a daily basis. The story behind  how WE functions at the forefront of the Internet era including “Jumping the Story Gap” and using the “Story Force” can now be told.  View Article

Saving Lives — There’s an App for That!
After winning the MacArthur Foundation Genius award, UW professor and entrepreneur Shwetak Patel has
made the Apple iPhone a medical diagnostic device for measuring hemaglobin, bone density and  human lung capacity with Senosis Health. View Article

Real-Time Software for the On-Demand World: BoldIQ Builds It One Solution at a Time
Roei Ganzarski is optimizing on-demand air travel, ground transportation, health care operations, and HR Staffing  — from the inside-out.   View Article

A Bird’s Eye View of Legal SEO
How founder Conrad Saam and Mockingbird are advising attorneys about best practices in digital marketing and totally legal SEO. View Article

Click to read online