Freightos has developed an online freight marketplace, backed by a powerful online freight routing and pricing system that replaces cumbersome manual processes and tools, eliminating many of the inefficiencies and errors that contribute to an estimated $650 million in losses each year for the industry. The Freightos software-as-a-service (SaaS) system uses Google® BigQuery to manage and store multiple databases for thousands of freight contracts, millions of freight quotes, and a wide array of other shipping data from some of the world’s largest logistics providers.
To gain operational and marketing insights from its BigQuery data, Freightos relies on big data analytics with MATLAB®.
“MATLAB enables us to slice and dice our data to gain insights that guide business decisions, help our customers, and drive sales,” says Eytan Buchman, marketing manager at Freightos. “With MATLAB, we are maximizing the benefits of the large amount of data we have in BigQuery.”