Title Image


The Latest News, Events and Developments

BoldIQ is On The Map…Literally

BoldIQ is included in Washington State’s robust technology ecosystem. The iconic map has been widely used to convey the richness of our tech industry. It hangs at the MOHAI and in state legislators’ offices. This past November, it was featured in a TEDx talk on innovation ecosystems.

Click images to see full story, large map, and to order a copy of the poster

Our Customer PlaneSense, Delivers Food Drive Cargo by PC-12 Aircraft

PlaneSense, Inc., a fractional aircraft ownership company based in Portsmouth, NH, collected over 7,000 pounds of food for the NH Food Bank. The PlaneSense® team then filled a Pilatus PC-12 with the food, and it was flown to the Manchester Boston Regional Airport today. Manchester, NH Mayor Ted Gatsas, Chairman of the Pease Development Authority, George Bald, and Executive Director of the Pease Development Authority, Dave Mullen, personally greeted the aircraft full of food.

NH Food Bank executives and members of its advisory board were also on hand at Signature Aviation to gather the food for distribution. Mayor Gatsas, and PlaneSense, Inc. President and CEO George Antoniadis (who piloted the plane) helped to load the NH Food Bank vehicle with the non-perishables. The remainder of the food was brought by truck and delivered to the Food Bank.

“The New Hampshire Food Bank works with more than 400 partner agencies throughout the State of New Hampshire, reaching so many families in need,” Antoniadis said. “We are pleased to be able to help for a second year in a row, and I am very proud that our employees and their families contributed substantially to this food drive. We are also delighted that community members and our friends at Pilatus Business Aircraft, the Pease Development Authority, BoldIQ, Constant Aviation, and businesses on Pease Tradeport, including Teledyne and Medtronic Advanced Energy, have given donations to help as well.”

This is the company’s second year flying a PC-12 full of food in support of the NH Food Bank. Last year’s donations totaled around 800 pounds of food, which provided over 600 meals. This year’s donations will provide over 5,800 meals.

“It is my great pleasure to be here with the New Hampshire Food Bank for the second year in a row, to help accept and thank the PlaneSense team for being so giving during the holiday season” Mayor Gatsas said. “Their donations today will give so many Queen City and New Hampshire residents a wonderful meal this holiday season. I am truly appreciative of their dedication to our local and state communities.”

According to Mel Gosselin, the Executive Director of the NH Food Bank, the food will be brought back to the Manchester, NH facility and sorted into categories. It will then be placed into the NH Food Bank’s online ordering system and later dispersed accordingly to help feed over 140,000 NH residents who are food insecure.

“We applaud PlaneSense employees and their families for generously partnering with the NH Food Bank on a food drive for the second year in a row,” said Gosselin. “The holidays and winter months can be a very difficult time for those who are faced with ‘Eat or Heat’ decisions by the limitations of their resources.”

Antoniadis said that while filling an airplane – and in this case, needing “supplement lift” in the form of a truck to carry the excess food donations – was the initial goal, increasing the public’s exposure to the needs of the New Hampshire Food Bank was an equally important result of the holiday food drive.

For more information on fractional shares with the PlaneSense® program, visit PlaneSense, Inc. online at http://www.planesense.com.

PlaneSense, Inc. is a fractional aircraft ownership program based in Portsmouth, NH, that has been in operation since 1995. The PlaneSense® program manages the largest civilian fleet of Pilatus PC-12 aircraft in the world, and has more experience with the PC-12 than any other aircraft management and maintenance team. PlaneSense, Inc. has also placed the largest launch agreement order for six new Pilatus PC-24 jets.

Offering optimal access to many airports, and fractional owner flexibility that suits any flying profile, the PlaneSense program offers compelling value through affordable pricing, world-class service, and a practical, comfortable aircraft.

Click to read the original news

The STRR Act: A Jumpstart to a Connected, Smart Transportation System

The STRR Act (Surface Transportation Reauthorization and Reform) passed in the House last month, paving the way for funding an overdue upgrade to our country’s vast transportation system. The bill, which focuses on improving infrastructure, reforms, and refocused national priorities, will welcome innovation to make our system safer and improve our quality of life. This bill, if taken advantage of correctly, could and in-fact should, radically change our transportation system as we know it.

Passing the STRR Act is a great step towards implementing smart infrastructure and encouraging new innovations like connected cars and autonomous vehicles, but what it lacks is a specific focus on network efficiency. The same number of driverless cars for example, replacing ‘regular’ cars, will still lead to the same congestion levels.

Extended railroad systems, updated freight and highway projects, and improved surface transportation are crucial to jumpstarting a new smart transportation system, but think how our system could be transformed by connecting all these aspects together with demand, to provide an optimized transportation network that requires less moving parts pun intended). Smart cars might power this new system, but real-time dynamic efficiency is what will enable the system to live up to expectations of less congestion, waste and emissions, while providing better results.

As we move into a future of driverless cars and connected transportation, we need an optimized network layer operating above the smart infrastructure to maximize efficiency. This layer could tell us exactly how many cars we need to have on the road to meet demand while not using additional resources. This would mean less emissions and resources needed to keep up with customer demand.

A focus on efficiency in the planning stages of implementing a smart transportation system is critical. As more and more companies invest in driverless cars, we can expect more cars to hit the streets which means more waste and more traffic.

But, if we have an optimized system in place – if we implement the most efficient network to operate these new innovations – we can expect a better quality of life as we enter this new era of transportation.

BoldIQ immortalized on U.S. Army 2nd Ranger Battalion memorial park at Joint Base Lewis-McChord

To remember our fallen heroes and pay tribute to the achievements and sacrifices of the men and families of 2nd Ranger Battalion, a memorial park was built in their honor.  Constructed of granite and stone, inscribed with the names of Rangers who died in combat and training, the memorial is landscaped into a reflective setting–a physical reminder of Ranger selfless service befitting those that made the ultimate sacrifice.

BoldIQ is proud to be part of this great heritage and tradition.

BoldIQ CEO shares vision and reality of optimized on-demand operations at Seattle Biz-Tech conference

Roei Ganzarski, president & CEO of BoldIQ shared with the audience of the 3rd annual Seattle Biz-Tech conference, what the convergence of Big Data, Fast Data, Dynamic Operations, and Internet of Things looks like. Ganzarski shared the vision and the reality of how real-time optimization software, like that offered by BoldIQ, is shaping today’s reality into tomorrow’s intelligent future. Home visits by nurses, driverless transportation, deliveries by drone, and repairs to your washing machine, all coordinated and scheduled efficiently by a centralized dynamic optimization system.

BoldIQ CEO discusses Big Data and Optimization at BigDataBellevue

The convergence of Big Data, Fast Data, Dynamic Operations, and Mobility, all around Real-Time Optimization, was the topic of discussion at BoldIQ CEO’s presentation at Big Data Bellevue.

In front of a ‘BigData-centric’ crowd, Roei Ganzarski presented a vision for a fully integrated, automated, and optimized future while sharing how current technologies and a pro-active design, will ensure such a future in fact comes to be.

BoldIQ featured in 425Business

Bellevue-based BoldIQ is committed to doing only what it is good at, which is helping companies optimize their resources. BoldIQ created a software platform that evaluates demand and its constraints, supply, and the environment surrounding a company, and produces a plan for the best use of resources to solve a problem.

The platform is most easily applied to transportation solutions, but the company also is looking at improving the efficiency of the healthcare and energy systems.

“These industries are purely on-demand,” said CEO Roei Ganzarski. “We want to help them make the best use of their resources to meet whatever demand-customer mission they have to do.”

The software accepts a series of inputs about resources available, such as the number of taxi cabs, airplanes, or hospital beds; the constraints, such as weather, traffic, available doctors, or road closures; and the demand, such as cargo, patients, or travelers, and provides a plan to achieve the optimum efficiency. As the variables change, the software modifies the plan.

It’s about “practice what you preach” for Ganzarski when it comes to optimizing BoldIQ’s own resources and people. It’s easy for young companies to get distracted by the array of problems in the marketplace and try to fix them all, but Ganzarski said that’s how some companies get into trouble.

“The ability and requirement of us to focus on what we are good at as a company, where can we add value for customers, and where will that combination provide the best return for us and the customers,” Ganzarski said. “That really drove us to focus on only a few key industries and turn down other potential business, which is hard to do but really important. Otherwise you spread your resources really thin and not do a good job, or as good of a job as you could, for your customers.”

BoldIQ’s mission of doing only what the company is good at is more than just a customer-facing initiative. The company translates that mission internally as well, where all 12 employees focus on product development. Ganzarski hires external firms to handle other tasks of running a company, such as finances, marketing, sales, legal, and human resources.

“It allows me as CEO to truly focus on our product, our service, and our customers, and not a bunch of other things,” Ganzarski said. “It allows me to pick the best of each industry to hire the service that I need.”

Being passionate about resource allocation comes naturally to Ganzarski, who said he’s sometimes accused of being too passionate. “The reason is because I don’t do things I’m not passionate about.”

The company was founded in Seattle, but when it needed more office space, Ganzarski moved the headquarters to Bellevue to accommodate its employees, most of whom live on the Eastside. Ganzarski puts a lot of effort into ensuring employees have a balance between their work and home lives.

“We provide phenomenal healthcare at no expense for the employee because what we don’t want is an employee sitting in front of their computer but focused on affording their children’s braces or the cost of an extra lab test,” Ganzarski said. “I want you to know that your family’s health is taken care of so when you’re at work you can focus on work.”

The same thought process is applied to vacation time, which is unlimited for BoldIQ employees.

“An employee should not be concerned about taking a vacation day to attend their child’s recital or school play,” Ganzarski said. “If you’re doing your job, go home when you need to. If you want to flex hours to get the job done, do that.”

See the story on

BoldIQ CEO to speak at Seattle Biz-Tech Summit on October 24th, 2015

Roei Ganzarski, President & CEO of BoldIQ, will speak at the 3rd annual Seattle Biz-Tech Summit on the topic of the convergence of Mobility and the Internet of Things. His focus will be around the mobile workforce, transportation, and real-time time decision making.

About Seattle Biz-Tech Summit

Seattle Biz-Tech Summit is the premier international business and technology conference hosting influential executives, investors, developers, entrepreneurs, and industry leaders to highlight and promote the benefits of business exchanges, technology collaboration, and global innovation between the United States and China.

The third annual Seattle Biz-Tech Summit will mirror the theme, “Entrepreneurship, Global Investment, and Technology Innovations.” Sessions for 2015 will continue to focus on cutting-edge technology topics in Cyber Security, Mobile Development, IoT, Digital Marketing and E-commerce and more. New to this year is the Seattle Startup Challenge, this dynamic pitch contest will emphasize the importance of continual growth among the startup community in the Pacific Northwest by connecting participants to investors from Seattle, Silicon Valley, and China.

Seattle Biz-Tech Summit is dedicated to helping grow technology and business relationships throughout the world. Join us as we showcase the value in Seattle’s unique ecosystem through expanding the platform for discovering new business connections, partnership possibilities, and investment opportunities.

Goto the Seattle Biz-Tech web site

BoldIQ featured in the Puget Sound Business Journal cover story by Steven Goldsmith

Seattle’s miserable traffic has an upside. It’s spurring local entrepreneurs to try to reinvent the way you commute.

Seattle’s stuck in traffic. It’s turning to software to break free.

Heeding that S.O.S., investors are pouring millions of dollars into the business sector known as smart mobility — tech firms that share cars and rides, deliver meals and connect roads, transit and parking — all en route to the coming landscape of self-driving cars and aerial drones.

Kirkland-based Inrix, Seattle’s Pavia Systems, Bellevue transportation firm BoldIQ and even Seattle’s Pronto Cycles are all working — in very different ways — to unclog crowded streets both here and elsewhere.

If these and other companies are successful, the region’s tech entrepreneurs could develop a reputation for creating technology that solves one of the most maddening, time-consuming and money-losing propositions — sitting in traffic. The financial opportunities for these companies are huge.

A recent Texas A&M Transportation Institute study found that traffic congestion caused drivers to waste more than 3 billion gallons of fuel and kept travelers stuck in their cars for nearly 7 billion extra hours. The total nationwide price tag is $160 billion. Commercial truckers lose more than $30 billion annually.

In the Puget Sound region, drivers spend 63 extra hours a year stuck in traffic — the seventh-worst in the United States.

Stamping out gridlock

BoldIQ CEO Roei Ganzarski called the Seattle area one of the nation’s top five hotbeds for smart mobility.

“This region has a beautiful mix of really bad gridlock, a very quickly growing population and a tremendously active entrepreneurial community,” he said.Those entrepreneurs increasingly also team up with old-school public agencies that run buses, paint parking spaces and build roads.

Such public-private mashups occur at Pavia Systems, whose app makes state highway inspectors more efficient, and Inrix, which just got hired by the government of Denmark to monitor that entire nation’s traffic in real time.

“Governments are saying, ‘We have to tap the benefits of the private sector,’” said Chris DeVore, partner at seed-stage investment firm Founders’ Co-op and director of Techstars Seattle.

DeVore noticed the most applications ever last year for funding from companies partnering with government agencies, including transportation tech.

Estimates vary on the financial potential of smart mobility, as do definitions of what the sector encompasses — whether to count food delivery apps, for instance. It’s hard to find a tech company that doesn’t have some transportation play in its garage, especially if it wants to work with industry leaders Google and Apple — both of which are getting ready to build their own “connected” cars.

Transportation mashups

In 11 funding rounds, San Francisco ride-sharing colossus Uber has raised nearly $7 billion.

To grab its dominant market role, Uber has had to persuade municipalities to unlock decades of regulations protecting taxis and limousines from competition. Seattle was one of 51 jurisdictions, at last count, to allow ride-share companies after Mayor Ed Murray negotiated a compromise that offered some concessions to taxis.

Kaleb Miller, who worked at the pioneering Car-Share Portland in the 1990s, now serves as Seattle general manager for the largest car-share service in the world, Boston-based Zipcar. He’s part of an industry that’s grown by 41 percent every year since 2010.

Zipcar works with public transit agencies to make it easier for residents to get around without clogging the streets with a personal vehicle.

About 60 percent of Zipcar’s customers have a transit pass, and a quarter of users ditched their personal vehicles after joining.

It’s an example of how public and private players increasingly drive parallel routes.

A typical industry “hybrid” is Ted Trepanier, director of product management at Kirkland’s Inrix. Before joining the firm, he spent a quarter-century at the Washington state Department of Transportation.

To unclog traffic, Trepanier said, the public and private sectors will need still deeper interaction.

Though not a household name like Uber, Inrix draws on serious resources. The traffic data firm has more than 300 employees and was valued at $550 million in its most recent funding round, led by Porsche.

The company provides back end data for more than 400 customers in 42 countries.

A smaller-scale success story in public-private collaboration is Pavia, whose software relays real-time information on potholes and other road and bridge repair needs.

The startup recently pulled in $3 million from investors and landed deals with the Washington state Department of Transportation and other agencies. Bridge and road inspectors use Pavia’s app to log problems and compose reports using the cloud.

Uphill climb

Where is all this leading? Possibly to a world where taking a single mode of transportation is an outmoded idea.

Demi Allen, general manager of Seattle’s Pronto Cycles — a nonprofit that runs the region’s biccycle-sharing system — paints a future in which a commuter, using a single prepaid card, will hop on a bike share to a park-and-ride, pop on light rail and then use Zipcar to travel from the transit stop to work.

But how is a mere human to sort through all those options? At Bellevue’s BoldIQ, “dynamic-optimization” software is already saving delivery services 30 percent to 60 percent in costs by using artificial intelligence to sidestep ever-changing traffic clogs and recalculate routes as new orders arrive.

BoldIQ has helped trucking companies make routes more efficient and cut down on fuel usage.

Ganzarski’s 12-employee company is on track to triple in revenue this year, after already tripling last year.

That doesn’t mean anyone thinks gridlock will vanish at the click of an app.

In fact, Ganzarski believes that popular ride-share services such as Uber and Lyft actually worsen traffic congestion by sending squadrons of driver-only cars trolling around for the occasional passenger. A better way, he said, would be to arm taxicab companies with sophisticated technology to deploy cabs at utmost efficiency.

Howard Jennings, manager of Arlington, Virginia-based transportation demand management company Mobility Labs, also sees an obstacle-laden route to clearing America’s highways, especially because any road that’s traffic-free never stays that way for long.

A few years ago, Jenkins’ organization began inviting young transportation entrepreneurs to monthly meetups. The group now has 900 members.

“There’s private sector innovation just busting out,” Jenkins said.

Seattle, with its narrow-waisted geography, belated start at mass transit, rapid job growth and fifth-most-congested streets in the country, has a tougher hill to climb.

But experts say the region has one thing in its favor: a bevy of tech entrepreneurs.

Thus, when Metro General Manager Kevin Desmond looks at updating the prepaid ORCA (One Regional Card For All) transit pass in the next half-dozen years, he says he may rely on tech companies to lead the way.

“We don’t have the creative expertise to create new applications,” Desmond said. “That’s where the private sector comes in.”

Click to see the story online