Locus, operated by Mara Labs Strengths, Domain Expertise, and Key Differentiators
Locus's key differentiators lie in its AI-driven decision-making platforms, NodeIQ and Dispatch Management. These platforms leverage dynamic algorithms and deep machine learning to optimize supply chain networks and automate route planning. The comprehensive product portfolio addresses critical aspects of logistics, from inventory optimization to efficient route planning, showcasing Locus's domain expertise and commitment to real-world efficiency.
Locus, operated by Mara Labs Recent Developments
Locus, a global leader in all-mile logistics technology, has unveiled ShipFlex, a groundbreaking third-party delivery platform designed to empower businesses with unparalleled flexibility in outsourcing their deliveries to a diverse array of delivery carriers.
Launched on March 21, 2023, ShipFlex addresses common challenges such as inefficient carrier selection, capacity management, and a lack of real-time order visibility that can impede swift deliveries. By automating entire carrier workflows for optimal pricing and providing end-to-end visibility across in-house, contracted, and outsourced fleets on a unified dashboard, ShipFlex ensures businesses can streamline their all-mile operations.
In June 2022 Locus unveiled its groundbreaking order-to-delivery dispatch management platform. This real-world dispatch management solution represents a significant leap in transforming All-Mile fulfillment operations into strategic growth centers for enterprises. By harnessing advanced optimization algorithms and intuitive workflow automation that learn from past outcomes, Locus empowers businesses to enhance dispatch planning, scheduling, routing, and overall visibility. This innovative platform aligns with the evolving landscape of e-commerce and the swift adaptation needed to meet changing customer demands. Nishith Rastogi, Founder and CEO of Locus, emphasizes the critical role of optimizing All-Mile logistics in driving customer satisfaction, retention, and overall business growth, positioning Locus at the forefront of transformative technology in this space.
In April 2021, Locus unveiled its game-changing platform, Locus NodeIQ, signaling a strategic move towards end-to-end supply chain decision-making. This software-as-a-service solution enables companies to optimize network and inventory, making strategic decisions in critical areas such as flow, location, inventory, and strategic sourcing. This development showcases Locus's commitment to providing comprehensive, AI-driven solutions that streamline supply chain operations. Although specific revenue and profit data are not disclosed, the strategic introduction of NodeIQ suggests a forward-thinking approach aimed at industry leadership.
Locus, operated by Mara Labs Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Locus, operated by Mara Labs applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Locus, operated by Mara Labs and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Locus TrackIQ (Formerly MotionTrack), Locus Dispatch Management Platform customers.
Locus, operated by Mara Labs Overview
87-148, 4th Floor, Mayur Greens, 1st Block Koramangala
Bengaluru, x, 560034, India
91 804-096-9779
https://www.locus.sh/
Ownership: - x
Number of Employees: 300
Functional Markets: Analytics and BI, eCommerce, SCM,
Key Verticals: Aerospace and Defense, Automotive, Construction, Consumer Packaged Goods, Distribution, Healthcare, Manufacturing, Professional Services, Retail, Transportation,
Locus, operated by Mara Labs Key Enterprise and Cloud Applications
Locus TrackIQ (Formerly MotionTrack), Locus Dispatch Management Platform
Locus, operated by Mara Labs Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
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| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Locus, operated by Mara Labs Revenue Breakdown By Type, $M:
Locus, operated by Mara Labs Enterprise Applications Revenues By Functional Markets, $M:
Locus, operated by Mara Labs Enterprise Applications Revenues By Verticals, $M:
Locus, operated by Mara Labs Revenues By Region, $M
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| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
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Locus, operated by Mara Labs Direct vs Indirect sales
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Locus, operated by Mara Labs Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Locus, operated by Mara Labs Customers
No. of Locus, operated by Mara Labs Customers: 360
No. of Locus, operated by Mara Labs Enterprise Applications Customers: 360
No. of Locus, operated by Mara Labs Cloud Customers: x
No. of Locus, operated by Mara Labs Cloud Subscribers: x
Locus boasts an impressive clientele that spans industries and regions globally. Partnerships with industry giants like Unilever, Nestle, The Tata Group, and BlueDart underscore its versatility and reliability. Executing a staggering 650 million deliveries across 30+ countries highlights the widespread adoption of Locus's solutions, positioning it as a go-to choice for companies seeking innovative logistics management.
Locus, operated by Mara Labs Market Opportunities, M&A and Geo Expansions
In March 2023, Locus released industry-specific enhancements to its Dispatch Management Platform. Tailored for the retail, 3PL, and CEP sectors, these enhancements unlock new opportunities across the fulfillment ecosystem. For retail and e-commerce, Locus introduces features like Delivery Linked Checkout, optimizing deliveries through capacity-led slot bookings, multi-speed, and time-definite options. Order Management and Route Planning ensure efficient returns and reattempts. Omnichannel experiences are further enriched with ShipFlex, automating carrier workflows, Cross-fleet Utilization, and Dark Store Optimization.
The Transporter Management feature brings all transporters onto a unified platform, streamlining order and route assignments at scale. These enhancements empower businesses to navigate the complex landscape of all-mile logistics efficiently, providing real-time visibility and meeting the demands of today's dynamic fulfillment environment.
In a strategic move, Locus has expanded its footprint in Mexico, marking a significant step towards fortifying its presence in the thriving Latin American market. The announcement on 30 November 2022 underscores Locus's commitment to addressing the burgeoning demand in Mexico's e-commerce sector. With the e-commerce landscape in Mexico witnessing exponential growth, surpassing 350 million deliveries in 2020, Locus's operational expansion aligns with the industry's need for innovative solutions in the face of mounting pressure on all-mile deliveries.
Locus's real-world dispatch management solution, currently employed across North and Latin America, serves as a valuable asset for enterprises looking to navigate the complexities of all-mile fulfillment seamlessly. As businesses seek to adapt to the evolving logistics landscape, Locus's expanded presence in Mexico positions it as a key player in providing comprehensive, technology-driven solutions for businesses aiming to convert their logistics processes into growth centers.
June 2021 marked a significant milestone for Locus as it secured a substantial $50 million in a Series C funding round. Spearheaded by Singapore sovereign wealth fund GIC, this round saw participation from Qualcomm Ventures, Tiger Global Management, Falcon Edge Capital, and notable angel investors. This infusion of capital highlights investor confidence in Locus's growth potential and serves as a catalyst for expanding geographical reach and reinforcing research and development initiatives.
Locus, operated by Mara Labs Risks and Challenges
While Locus has navigated successfully through funding rounds and product launches, potential risks may arise from leadership changes. The recent appointments in April 2022 bring a new dynamic to the company's strategy, and any misalignment could impact its growth trajectory. Additionally, as the logistics sector is inherently complex, navigating regulatory challenges and market competition poses inherent risks.
Locus, operated by Mara Labs Ecosystem, Partners, Resellers and SI
Locus's expansive partnership ecosystem is a testament to its collaborative approach. Partnering with industry leaders such as ServiceNow, Lytx, and NextBillion.ai enhances the value proposition for its customers. The network effects created by collaborations with System Integrators and Value Added Resellers contribute to a robust ecosystem, fostering innovation and a holistic approach to logistics management.
Locus, operated by Mara Labs Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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