Intelligent CIO LATAM Issue 08 | Page 12

NEWS

SimpliRoute boosts its technology and reaches new markets

SimpliRoute has won capital for bringing technology to new markets for the second year in a row .

The organization raised US $ 8 million , thanks to North American investors .
Álvaro Echeverría , CEO , SimpliRoute , said : “ Our company made a name for itself in Latin America thanks to our algorithms that optimize logistics in companies of all sizes , and we hope to achieve the same in new markets such as Brazil and the United States .
“ This injection of capital will also allow us
to project our Series B , which will ensure
the growth of our platform for between
seven and 10 years , in addition to guaranteeing the acquisition of strategic technological solutions .”
The firm operates in Mexico , Argentina , Peru , Colombia , Uruguay and Chile . Next year
will see the opening of offices in Brazil to continue strengthening its presence in the Atlantic region . After that , Simpliroute looks to open in Florida , from which it will seek to boost its presence on the East Coast before expanding to the West Coast .
“ All these plans , which are ambitious on paper , are based on our differential – owning our own technology . Deep down , our knowledge lies in the fact that , internally , we as an organization have developed our algorithms ,” said Echeverría .
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MTT and ENEL X enable the first smart plaza in Latin America with 5G

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K have in favor of urban environments and , consequently , of its inhabitants .”
She explained that “ monitoring the flow of traffic , optimizing mobility and ensuring sustainable , economic , social and environmental development are part of the benefits that our country will have by being part of the new digital economy 4.0 .” traditional park in Chile has become the

A first smart plaza in Latin America with 5G technology .

The project at the Eduardo Frei Montalva Park was implemented by Enel X , in collaboration with the Undersecretariat of Telecommunications , the Municipality of La Florid and the University of Santiago .
Minister of Transport and Telecommunications , Gloria Hutt , said : “ With the deployment of 5G , Chile will be ready to move strongly towards the development of Smart Cities . The Chilean telecommunications industry has proven to be at the forefront in the region and this test shows the scope that the implementation of the new network will
Karla Zapata , General Manager of Enel X Chile , said : “ This Smart Plaza is implemented with communication technologies to share information between the different agents , data that can be collected on devices and analyzed with Artificial Intelligence , with the aim of making better decisions and thus defining public policies .
“ As the different technological solutions are interconnected , accidents can be prevented and crime reduced .”
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