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The Latest News, Events and Developments

BoldIQ and Gozen Holding Announce Strategic Partnership

Bellevue, WA (September 9, 2021) – BoldIQ and Gozen Holding are announcing their strategic partnership to deliver a uniquely responsive solution for Gozen’s workforce management enterprise.

Looking to drive further growth, Gozen will integrate 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 Gozen’s technology centric initiatives.

“We are very excited to be partnering with an industry leader in Gozen Holding,” said Shelly Freeman, COO at BoldIQ, “Our team looks forward to supporting Gozen’s continued growth with a solution that will increase network efficiency for their large and diverse workforce operations, on-demand and in real-time.”

“Optimization is very crucial for our operation to increase customer satisfaction and to maximize our workforce” said Sevket Numanoglu, CTO at Gozen Holding. “In 42 years of history in Gozen, our team members have always been the key to our business and the ongoing success. We chose BoldIQ to support us in our journey to actively boost engagement in workplace, provide greater service to our customers and increase our market share in the field of aviation and technology.”

About Gozen Holding

GÖZEN HOLDING is a group of companies, rendering services in the field of airlines, representation, supervision, fuel, controlling, brokerage, security, training and software products in the aviation industry. Based on its experience and know-how gained over 42 years, Gözen Holding has become a brand in the industry by gathering its companies Gözen Air Services, Freebird Airlines, Gözen Security Services, Free Bird Travel, IFTC International Flight Training Center, Flydog K9 Services, Gözen GSA and Gözen Digital Aviation under the same roof. Gözen Holding continues its successful activities in the tourism and aviation sector with its more than 3.200 employees. Learn more about them at www.gozenholding.com.

Private Aviation Innovators BoldIQ and FL3XX Announce Strategic Partnership

Bellevue, WA – (July 26, 2021): BoldIQ and FL3XX are combining forces to deliver a uniquely responsive private aviation service.

Looking to drive further growth, FL3XX will integrate 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 Operations Management Systems.

“We are tremendously excited by this partnership with an industry leading company in FL3XX,” said Shelly Freeman, COO at BoldIQ, “Our team looks forward to supporting FL3XX’s growth with a solution that will increase network efficiency for BA operators, on-demand and in real-time.”

“At FL3XX we digitize, automate and optimize all aviation processes. The partnership with BoldIQ fully aligns with this vision” said Stefan Oberender, COO at FL3XX, ” We are very excited to work closely with the expert team at BoldIQ and offer this ultimate optimization technology to our users.”

About FL3XX

Founded in 2010, FL3XX is the leading web and app based aviation management platform for charter and scheduled airlines. The platform helps teams in sales, ops, management, rostering and maintenance to manage and optimize flights extremely fast, reliably, and in-sync.

Over 80 operators worldwide already rely on the feature-complete service and can seamlessly connect to over 100 integrated services and save thousands of work hours every month.
FL3XX operates out of its headquarters in Vienna, Austria.

For more info, visit www.fl3xx.com

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%.

Aviation Technology Leaders BoldIQ and Stellar Labs Announce Partnership

Bellevue, WA and Burlingame, CA — (March 31, 2021) Stellar Labs and BoldIQ are working together to provide leading charter operators with the tools necessary to grow and optimize their businesses through improved planning and scheduling outcomes.

BoldIQ’s best-in-class optimization technology, Solver, powered by artificial intelligence and programmed by expert operations research scientists, will add powerful new capabilities to Stellar’s suite of software solutions, which includes Stellar’s advanced pricing engine, business intelligence platform (Stellar Data Studio) and charter exchange, leveraging the FL3XX Aviation Management Platform.

Stellar Labs and BoldIQ are initially collaborating on sales efforts, with further plans to integrate Stellar, BoldIQ and FL3XX products.

“We are tremendously excited by this partnership with an industry leader in Stellar,” said Shelly Freeman, COO at BoldIQ, “Our team looks forward to supporting and collaborating with the Stellar organization to provide leading-edge operations and optimization solutions.”

“As an operator’s fleet size increases, so do the logistical challenges of creating an optimal flight schedule, said Vicki Nakata, CEO of Stellar Labs. “This partnership will allow us to continue providing our clients with the tools that put them on the best path forward to success through better flight scheduling optimization, a critical and challenging task for operations with large or growing fleets.”

About Stellar Labs

Stellar is reimagining and revolutionizing business aviation, making it simpler, more transparent, and more accessible for more people. Our software helps aircraft operators manage, optimize, and grow their businesses while collaborating with their partners online. Stellar operates the Stellar Marketplace—an independent, business-to-business, online exchange for business aviation—and provides flight operations and data analytics solutions. The combination is unique in the industry and delivers exceptional benefits to charter operators, brokers, and corporate flight departments. Learn more about them at www.stellar.aero

BoldIQ COO Shelly Freeman joins Forbes Business Council

Seattle (March 24, 2021) — BoldIQ’s Chief Operating Officer Shelly Freeman has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful business owners and leaders worldwide.

Shelly was vetted and selected by a review committee based on the depth and diversity of her experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Shelly into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Business Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As an accepted member of the Council, Shelly will connect and collaborate with other respected local leaders in a private forum and at members-only events. She will also be invited to work with a professional editorial team to share her expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

“I am very excited to join this tremendously valuable community” said Shelly after being informed of her selection. “I look forward to contributing from my knowledge and expertise to help others, while also furthering BoldIQ’s leadership role in bringing cutting-edge AI technology to complex planning and scheduling scenarios. This has become especially critical as we move into a post-pandemic footing.”

 

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

To learn more about Forbes Councils, visit forbescouncils.com.

AI in the Aviation Industry Webinar: Transforming and Reshaping the Business

As AI continues to transform the aviation industry, join us for this webinar and see how our partner NetJets, the world’s leading private jet company, has embraced AI to transform their daily operations. With our powerful, real-time AI engine, Solver, they are optimizing flight schedules, more effectively managing crews, and quickly recovering from disruptions. 

As part of its ongoing webinar series, Embry-Riddle Aeronautical University is hosting our COO Shelly Freeman and NetJet’s Jason Demkowicz, the AI Product Owner in Operations Planning. During his 24 years with NetJets, Jason has worked with and led various teams in the Operations and Owner Services areas of the business. In his current role, he is responsible for the successful development and delivery of software products for the Operations and Operations Planning teams.

If you are interested in understanding more about how AI is reshaping and transforming the aviation industry, please join us January 13th, 2020 at 6 p.m. Eastern/3 p.m. Pacific for what is sure to be a compelling webinar.

For registration and more information, please click here.

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%.

Maximizing fleet operator resources as competition for drivers heats up again

Perhaps surprising no one, Schneider recently announced a pay increase for its drivers – on the homepage of its website no less. Many smaller companies have increased driver per mile rates for a while now, but with many carriers forecasting demand that edges ever closer to pre-pandemic levels, driver costs are on the rise.

A quick scan of the truck manufacturing numbers bears this out. In a recent article, American Trucker looks at Class 8 truck production as a strong economic indicator for the industry, and saw that net orders surged in September, hitting 32,000 units — the most since October 2018. September order activity is up 55% compared to August and 160% compared to September 2019.

With all that, the competition between carriers for drivers was bound to heat up. Freight Waves is openly speculating, with probable cause, that this opening salvo by a major operator is sure to spur its competition to match or even exceed the $0.61 a mile Schneider is saying its drivers can make.

Once the large carriers all join the pay fray, they will once again be forced to find other ways to retain drivers as well as rationalize and optimize schedules to increase driver utility. This means filling more orders and generating more revenue to cover additional per mile expenses, all while continuing to maintain other cost structures, as well as service and safety parameters.

Here at BoldIQ, we have seen that customers describe one of Solver’s chief benefits is its ability to maximize utilization of existing assets and personnel, and to do that in real-time. Solver’s preference-based scheduling harnesses the power of operational AI to optimize resources, loads and routes while considering regulations and business rules in real time. In the end, they push more orders through the same or even fewer fleet resources.

For example, in a recent case study we completed with an industry leading supply chain solutions provider, Solver improved order fulfillment by 11%. For carriers this means less spot market activity, clearly a cost saving measure, and for those with large dedicated and for-hire fleets, it also contributes to increased revenue.

Another carrier we worked with wanted to optimize an existing schedule by employing rules that prioritize giving drivers more nights at home as part of a driver retention strategy. This scenario will come likely into play in the new year as it becomes a “drivers” market.

Solver’s operational AI optimized resources, loads and routes while considering regulations and business rules in real time, increasing the total number of miles driven in the same duty shifts by 18.5% and the actual drive time by 18.7%. Preferred drivers were granted their preferred duty shifts and were able to pack more miles into each of those shifts. The result was more pay for valued drivers, and of course more nights at home if so desired.

The bottom line is that with AI optimization, carriers can balance duty hours for drivers evenly if that is the business priority or provide more duty hours to preferred drivers to increase driver satisfaction and retention. Additionally, Solver can prioritize company drivers and owner operators based on the fleet operator preference.

Importantly, Solver’s AI optimized scheduling generates an immediate increase revenue by deploying existing assets to fulfill a greater number of orders. Over a longer period, this results in a corresponding increase in revenue and profitability, and most critically, an edge in this increasingly competitive market beyond just a few cents more a mile.

Read the original article on LinkedIn

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.