CIMC IT & TRAXENS cooperate to establish a global open container monitoring market standard

Cooperation on technology and infrastructure will kick start the mass deployment of the container monitoring system that the industry has been waiting for.

Shenzhen and Marseille, 1st December 2016

CIMC IT the smart container technology branch of the world’s largest shipping container manufacturer and TRAXENS the smart container start-up backed by CMA CGM and MSC have agreed to create a global open container monitoring market standard.

Containers are often operated in remote areas without GSM signal and in environments with a large amount of metal and with moist saline atmosphere. They often stacked high on ships and in yards and travel to places with different regulations for radio emissions. Standardized technology in these very specific environments needs to be established and generalized.

CIMC IT and TRAXENS will share resources and cooperate to work on establishing a market standard and promoting smart containers.

CIMC IT and TRAXENS will continue to compete with their own smart container devices, network infrastructure and data platform however smart containers from TRAXENS will operate on ships equipped by CIMC IT and vice versa via a common low power consumption mesh radio network.

“We are very proud to be working with the excellent people at CIMC IT” said Michel Fallah, Founder and CEO of TRAXENS. “They have been doing pioneering work in container monitoring for many years”.

“We are looking forward working with Asian shipping lines and to extend the momentum already established in Europe by CMA CGM and MSC” added Likun Shi (Merry, Vice GM of CIMC IT.)

An alliance will be formed by mid-2017 uniting all partners using the smart container technology. The alliance and the technology will be named by its members to better represent its open and shared nature.
CIMC will also be integrating TRAXENS-BOX devices into newly manufactured containers for CMA CGM and MSC.

MSC joins CMA CGM in backing TRAXENS

Cargo Monitoring Innovation Gets Strong Endorsement from Leading Shipping Lines and Set to Become an Industry Standard

Geneva and Marseille, 25th July 2016

MSC Mediterranean Shipping Company, a world leader in global container shipping, has joined CMA CGM, in backing French start-up, TRAXENS.
Founded in 2012, TRAXENS has been developing unique solutions for the cargo logistics arena, and has created an innovative container monitoring and coordination system.

With a combined fleet of 4.5 million units these two world leaders transport approximately 25% of the world’s shipping containers.

The agreement sees CMA CGM and MSC invest capital in TRAXENS, with each Group also represented on the Board of Directors.

The deployment of the TRAXENS devices across the fleets of both carriers will be announced in Q4 of this year.

Diego Aponte, President and CEO of MSC, said “We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately. “We believe that shipping lines should naturally compete on service, but should co-operate in the area of technology and innovation.”

Rodolphe Saadé, Vice-Chairman of CMA CGM added “We recognized the need for more and better data coming from our containers quite a while ago. We are proud to have identified the potential of the TRAXENS solution early on. This is just a part of our global digital strategy”.

Michel Fallah, founder and CEO of TRAXENS concluded “We are of course delighted to have the backing of CMA CGM since 2012 and now of MSC. Our solution was designed from day one to be a global solution for all containers and all companies. This is an encouraging step towards setting a market standard”

TRAXENS' technology built in to CMA CGM's biggest ship

  • Unique technology, which transforms containers into smart connected objects 
  • Real-time container monitoring through hi-tech devices
  • CMA CGM and TRAXENS: Front runners of Big Data for intermodal transport

Marseille 1st October 2015

The CMA CGM Group, a worldwide leading shipping group founded and let by Jacques Saadé, is pleased to announce that the CMA CGM BOUGAINVILLE is the first container ship in the world to be equipped with TRAXENS technology, which transforms containers into smart connected objects.

Unique technology which transforms containers into smart connected objects

The CMA CGM BOUGAINVILLE, the group’s new 18,000 TEU flagship vessel, has become the first ship in the world using TRAXENS technology. This technology transforms standard containers into smart, connected, objects and introduces the multimodal transportation system into the Big Data era.

The TRAXENS’ equipped smart containers aboard the CMA CGM Bougainville will be able to communicate among themselves and to the ship’s communication infrastructure by using built-in relay antennas, allowing even the most deeply hidden container to be connected.

All the collected data will then be sent to CMA CGM Headquarters in Marseille via TRAXENS’ data centers.

Traxens and CMA CGM

Real-time container monitoring through hi-tech devices

The TRAXENS system collects real-time data throughout the container’s transport whether on land or at sea, adding considerable value to the shipping line and to its customers, insurers, and customs.

A wide range of data from each container can be gathered and transmitted to the CMA CGM group: location, temperature, humidity level, vibrations, impacts, attempted burglary, customs clearance status and more.

The devices provide even greater added value in the refrigerated transport of perishable goods. They can remotely control and adjust the temperature of refrigerated containers and will allow resource optimization for routine inspections.

With more than 12 million containers transported by CMA CGM it means that a huge amount of information will be collected and analyzed with the objective of improving the service provided to the end customers.

Real-time container monitoring through hi-tech devices

The TRAXENS system collects real-time data throughout the container’s transport whether on land or at sea, adding considerable value to the shipping line and to its customers, insurers, and customs.

A wide range of data from each container can be gathered and transmitted to the CMA CGM group: location, temperature, humidity level, vibrations, impacts, attempted burglary, customs clearance status and more.

The devices provide even greater added value in the refrigerated transport of perishable goods. They can remotely control and adjust the temperature of refrigerated containers and will allow resource optimization for routine inspections.

With more than 12 million containers transported by CMA CGM it means that a huge amount of information will be collected and analyzed with the objective of improving the service provided to the end customers.

The CMA CGM BOUGAINVILLE will be inaugurated next Tuesday by Mr. François Hollande, President of the French Republic.

CMA CGM BOUGAINVILLE


Contact presse (CMA CGM):

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Smart container start-up TRAXENS opens its capital to TERTIUM

The investment fund TERTIUM invests in TRAXENS to bring IoT and Big Data benefits to the world of intermodal container shipping.

Marseille 4th November 2015.

Smart container start-up TRAXENS has received 1.5M€ in funding from the French Silicon Valley based investment fund TERTIUM. This capital increase leverages other financing developed with TRAXENS’ banks to support the production ramp-up needed to fulfill the significant order backlog of more than 100K devices and data subscriptions for delivery in 2016. Earlier in the year TRAXENS closed a financing round with shipping giant CMA CGM and two major French banks, Crédit Agricole and BPPC Group, and was awarded 2M€ in the International Innovation Challenge.

“The shipping container has already transformed the world economy, the smart container is the missing link which is going to complete the digital transformation of the supply chain.” said Michel Fallah, TRAXENS CEO & Founder. “We are delighted to work with an investment fund like TERTIUM who specializes in rapidly maturing markets and has understood the huge immediate benefits for the entire manufacturing and retail industry.”

“The investment in TRAXENS fits perfectly into our target of supporting high potential companies in Provence” added TERTIUM’S President Pierre Grand-Dufay. “We have been impressed with the potent combination of innovative technology, IP portfolio, management strength, business model and industrial partnerships. The TRAXENS solution has the potential to establish a worldwide standard.”

Partner Florence Canonge will represent TERTIUM on the TRAXENS’ board.

About TRAXENS

TRAXENS uses breakthrough technology for cost effective data capture from multimodal containers coupled with Big Data techniques to deliver actionable information to the right people and the right time. This information allows stakeholders in multimodal transport to improve costs, optimize investment, and offer premium services. TRAXENS works with partners to establish standards to allow interoperability across the whole shipping industry.

For more information: www.traxens.com
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Press Contact: Tim Baker +33 685 934 134

About TERTIUM

TERTIUM is an investment fund based in the "French Silicon Valley" which manages funds from CEPAC (BPCE Group), AG2R La Mondiale, and more than 20 successful entrepreneurs from the PACA region (Provence-Alpes-Côte d'Azur) in the South of France. TERTIUM invests as a minority shareholder in regional companies with great international potential providing financial and active operational support through their network of experienced business leaders.

For more information www.tertium-invest.com
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
Press Contact: Pierre Grand-Dufay+33 610 259 324

TRAXENS wins 2M€ in the Worldwide Innovation Challenge

TRAXENS has won the Worldwide Innovation Challenge bringing them recognition and funding. The award was presented by François Hollande, the French President

Marseille 30th September 2015

Michel Fallah, Founder and CEO, presents TRAXENS to President Hollande

Michel Fallah, Founder and CEO, presents TRAXENS to President Hollande

 

The challenge was organized by the Innovation 2030 Commission headed by Anne Lauvergeon former CEO of AREVA. The Challenge was open to companies of any nationality and was designed to identify and support a small number of companies with exceptional growth potential. The winners should have the capability of having significant impact on the French economy over the next 15 years. Eight areas of potential were selected including Big Data which was the category in which TRAXENS was judged to be a winner.

The commission considered multiple criteria when choosing the winners: technology, innovation, partnerships, quality of management and business model, to ensure that all the ingredients for success have been united in the same enterprise.

The 2M€ prize consists of grants and government loans.

CMI Award Certificate 600

 

In the same week TRAXENS also won the 2015 Innovation Award at the World Smart Week in the M2M/IoT category.

2015 Innovation Award World Smart Week 600

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