Revolutionizing Logistics Industry

Kushal Nahata, Co-Founder and CEO, FarEye.

- Nickey Ross

What are FarEye’s efforts to establish itself as one of the leading logistics management solutions in Malaysia?

Malaysia is the world’s 24th largest trading nation. In the last few years, it has witnessed a boom in consumer demand due to e-commerce advent, affordable technology, and plenty of choices. The country incurs about eight percent of its GDP on logistics. As the long-term GDP growth for the country is predicted between five to six percent, the demand for smart and efficient technology solutions to streamline the chaotic logistics operations will only grow from here.

The government is also positive about the role of internet towards socio-economic growth, and has named 2017 as The Year of Internet. By the end of 2017, e-commerce market in the country is expected to touch US$3.8 billion.

To meet with this surge in demand, logistics companies need to streamline their processes using a smart, agile, and configurable BPM (Business Process Management) platform. Therefore, the market is absolutely ready for our presence. Our clients in Malaysia include DHL eCommerce, online retailer Zalora, and local logistics companies as well. FarEye has a dedicated team for Malaysia, and aims to make the logistics processes in the country smarter by using BPM.

Many other logistics companies have real-time alerts as well as analytics, so what sets FarEye apart from the competition?