ITS Logistics Expands technology investments, opens SF Bay Area Innovation Center
April 16 2024 - 10:16AM
ITS Logistics, one of the fastest-growing logistics companies in
the United States, today announced the opening of its Tech
Innovation Center located in Walnut Creek, CA, in the heart of the
technology-rich San Francisco bay area. ITS has grown more than
300% in revenue since 2020 and provides a full suite of
technology-driven supply chain solutions, including network
transportation, drayage and intermodal, container management,
omnichannel distribution and fulfillment, and network optimization.
ITS Logistics remains focused on combining technology innovation
with world-class business operations and a level of data quality
that customers can fully trust.
“Opening our Technology Innovation Center in the Bay Area is an
integral part of a nine-figure investment in our modern 3PL
business model,” said Scott Pruneau, CEO of ITS Logistics. “This
new center is designed to leverage innovative and emerging
technologies that will enable our team to unlock real, tangible
value for our customers."
This Silicon Valley hub is core to the company’s continued
investment in growth and innovation—including physical locations
and assets, proprietary cloud technologies, and industry-leading
talent acquisition—and coincides with the release of the company’s
first public-facing container management and visibility platform,
ContainerAI.
“We operate our entire company in the ITS Cloud, for our
operations, our customers, and our carrier partners. We have no
data centers, no legacy applications, and virtually no technology
debt,” said Peter Weis, CIO and SVP of Supply Chain Services at ITS
Logistics.
“That translates into a higher percentage of our technology
spend on innovation and far less on merely keeping the lights on.
This allows us to simultaneously grow our tech team in Reno, scale
up our offshore development center in India, and invest in the
critical innovation skills best found in Silicon
Valley.”
The Walnut Creek Technology Innovation Center has been modeled
with scalability in mind and will collaborate closely with both
Reno and India as ITS continues to accelerate its delivery of
market-facing software solutions.
“We’ve already staffed the Center with key talent in
architecture, information security, business intelligence, devops,
and cloud ERP,” said ITS Logistics VP of Product and Innovation
Haris Hamid. “We’re placing what we believe is a smart bet in
tapping into what remains the deepest tech talent pool in the
country, for tech in general and for next-gen AI in
particular.”
The company researched several possible locations for its Tech
Innovation Center and chose the Bay Area and Walnut Creek due to
its high density of AI-centered talent. According to the venture
capital database Pitchbook, over $11.1 billion worth of AI
investment went to San Francisco-based firms in Q1 of 2023 alone,
which has turned the area into a hub for AI-focused development and
expertise.
“Not only are we investing in some of the world’s top talent for
AI and machine learning; we’re also benefiting from proximity to
our Reno headquarters, so that when face-to-face collaboration is
required, we are just a short drive away,” added Hamid. “That
proximity translates into cost-effective speed to market.”
Technology remains at the epicenter of ITS Logistics’ growth
story. Within the last 12 months, the company has more than
quadrupled its digital engagement with customers and carriers
through its investments in people, software, and cloud
infrastructure.
The foundation of ITS’ tech investments is its custom-developed
cloud-based Transportation Management System (TMS), built to manage
100% of its brokerage shipments and enabling the company to “go on
offense” through faster delivery of future new tech products.
“We are now far less beholden to outside providers in driving
innovation. We control our own destiny in delivering for our
customers, limited only by our imagination and commitment,” said
Weis. “ContainerAI is an important first product announcement to
the market, but it won’t be the last. I couldn’t be more excited
about the innovation roadmap that lies ahead, and the Walnut Creek
Center will play a vital role in delivering on the promise of that
vision.”
To learn more about ITS Logistics and its breadth of technology
offerings, visit www.its4logistics.com.
About ITS LogisticsITS Logistics is a premier
Third-Party Logistics company that provides creative supply chain
solutions with an asset-lite transportation division
ranked #21 in North America, the #11 drayage and
intermodal provider, a top-tier asset-based dedicated
fleet, and innovative
omnichannel distribution and fulfillment services.
With the highest level of service, unmatched industry experience
and work ethic, and a laser focus on innovation and technology–our
purpose is to improve the quality of life by delivering excellence
in everything we do.
Media ContactAmber
GoodLeadCoverageamber@leadcoverage.com