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10/16/24, 2:21 PM PRESSR: 7X and Urbi sign MoU at GITEX Global to enhance its logistics operations — TradingView News
PRESSR: 7X and Urbi sign
MoU at GITEX Global to
enhance its logistics
operations
Oct 15, 202417:58 GMT+4
UAE: 7X signed a memorandum of understanding (MoU) with Urbi, a leading
geo-intelligence company, to leverage Urbi’s Geographic Information
System (GIS) technology solutions for logistics enhancement. Under the
agreement, which was signed during GITEX Global 2024, Urbi will provide
7X and its subsidiaries with technological support to enhance logistics
operations.
The MoU, which was signed by Abdulla Mohammed Alashram, Group CEO of
7X and Alexander Sysoev, Chairman of Urbi, reflects the commitment of
both entities to streamline delivery operations and create new prospects
for technology-driven logistical solutions.
The agreement will explore integrating Urbi’s cutting-edge mapping and
geospatial technologies into 7X’s operations, including EMX, Emirates Post
and its other entities, as a foundational step towards a broader initiative.
This includes the development of a comprehensive ‘Base Map’ enriched
with detailed information about residential and business listings, as well as
APIs for geocoding and reverse geocoding, enabling precise customer
location for accurate deliveries. Additionally, route optimization based on
URBI’s real-time data will enhance efficiency, reducing delivery times, and
operational costs.
https://www.tradingview.com/news/reuters.com,2024-10-15:newsml_Zaw12clyl:0-pressr-7x-and-urbi-sign-mou-at-gitex-global-to-enhance-its-logistics-o… 1/2