Unisys Wins Enduring Impact Award in Fast Company's 2024 Next Big Things in Tech for AI System that Optimizes Shipping Routes
Rhea-AI Summary
Unisys (NYSE: UIS) has been awarded the Enduring Impact Award in Fast Company's 2024 Next Big Things in Tech list for its innovative Unisys Logistics Optimization™ solution. The technology, which combines AI and quantum computing, revolutionizes logistics efficiency for global airlines and freight forwarders by enhancing cargo loading, routing, and warehousing operations.
The solution has demonstrated significant results, as evidenced by MAB Kargo's implementation, which achieved a five percent increase in cargo capacity utilization and reduced ground labor costs. This recognition highlights Unisys' long-standing commitment to innovation and its transformative impact on the travel and transportation industries.
Positive
- None.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, UIS gained 4.84%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Decades of delivering innovation position Unisys as a top 2024 tech leader
Unisys distinguished itself among visionary companies by showcasing solutions that have transformed business operations in a fast-paced digital world.
Redefining the industry, Unisys Logistics Optimization revolutionizes logistics efficiency for global airlines and freight forwarders. Leveraging AI and quantum computing, the solution enhances cargo loading, routing, and warehousing operations with near-real-time dynamic planning and exception management capabilities, setting a new standard in logistics planning.
Unisys airline client MAB Kargo selected the solution to boost its cargo capacity utilization and reduce ground labor costs, resulting in a five percent utilization increase and clearly demonstrating its impactful benefits.
"We are deeply honored to receive this prestigious recognition from Fast Company, which highlights Unisys' unwavering pursuit of innovation and our transformative impact on the logistics industry," said Chris Arrasmith, Senior Vice President, Enterprise Computing Solutions, Unisys. "With a proven track record and a bold vision for the future, Unisys is dedicated to driving efficiency and growth for our clients worldwide."
Fast Company's accolade for Unisys Logistics Optimization is a testament to the company's enduring commitment to innovation and transformation. As a pioneer in digital transformation, Unisys continues to shape the future of logistics and drive sustainable growth for its global clients.
Click here to see the final list.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.
RELEASE NO.: 1121/9972
Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
UIS-C
View original content to download multimedia:https://www.prnewswire.com/news-releases/unisys-wins-enduring-impact-award-in-fast-companys-2024-next-big-things-in-tech-for-ai-system-that-optimizes-shipping-routes-302313448.html
SOURCE Unisys Corporation