Arviem News
Here you can read about news on Arviem and topics related to Supply Chains and Cargo Tracking and Monitoring
Arviem 1Q 2023 revenue increased with 38% YoY
April, 2023 – Arviem has increased its revenues by 38% in 1Q 2023 compared to 1Q 2022.
The Cost of Revenue decreased 12%Pts in 1Q 2023 compared to 1Q 2022. Furthermore, Arviem signed a major contract for 3 years with a global FMCC company. The weighted average pipeline FY 2023 has increased by 42%.
New Arviem Inc company incorporated in the USA
March, 2023 – Arviem AG has incorporated US Arviem Inc company and our current senior Arviem USA Director will become the company’s Managing Director for North & South America. Furthermore, Arviem recruited two 2 new staff in the USA. The Arviem USA company and Arviem USA staff will boost the awareness and branding of Arviem with clients in North and South America. The USA company will enable Arviem to optimize the logistics flow of existing and new devices between the USA, Germany and China with sizeable logistics cost savings.
Arviem received ESG 2023 Award
March, 2023 – Arviem received an ESG 2023 award from CFI for its services related to carbon footprint monitoring, analyzing and reporting. ESG products, services and investments are used to encourage companies to act responsibly in their strategies, policies, and operations.
Arviem increased its performance further in 4Q 2022
January, 2023 – Arviem has increased its service revenue by another 13% in 4Q compared to 3Q.
In total, the 3Q-4Q 2022 revenues are 54% higher than 1Q-2Q 2022. Furthermore, we won in Q3-Q4 2022 140% more contracts than in Q1-Q2 2022, including three clients that we re-won and who were engaged with Arviem in 2020 and 2021. In Q3-Q4 2022 we submitted 57% more proposals than in Q1-Q2 2022 and the new proposals submitted in 4Q 2022 have a 1.3M Total Contract Value (TCV). Finally, we reduced Overhead Costs by 47% in 2022 compared to 2021.
Arviem increased its services capacity in 2022
December, 2022 – Arviem has increased its service capacity with more than 40% from January 2022 to December 2022.
Arviem launches Asian business unit in Singapore
December, 2022 – Arviem started a new business unit of sales and operations staff in Singapore, focusing specifically on the Asian market and clients. The sales and operations staff are fluent in English, Chinese, Bahasa Indonesia and Bahasa Malaysia. Arviem expects that the business unit will contribute to extra growth in 2023 and beyond.
Arviem reports large 3Q 2022 revenue increase
October, 2022 – Arviem reports a more than 40% revenue increase in 3Q 2022 compared to 1Q 2022 and 2Q 2022.
Large increased pipeline in 3Q 2022
October, 2022 – Arviem AG has submitted nearly 40% more proposals in 3Q 2022 compared to 2Q 2022. Furthermore, YTD 3Q total submitted proposals is almost equal to FY2021 total submitted proposals. Also, the average Total Contract Value (TCV) of the proposals has been increased.
Arviem signs a financing agreement with Swiss Kineo Finance
June, 2022 – Arviem AG has signed a multimillion financing agreement with a Swiss financial company, Kineo Finance. The impact of this agreement is that Arviem AG is able to grow its services based on market demand instead based on cash availability. Arviem plans to grow its services significantly in 2H 2022.
New Arviem board elected by shareholders
June, 2022 – During the Arviem AG AGM, the shareholders have elected, with vast majority, the new board members of Arviem AG. All board members are significant shareholders of Arviem AG. The board is determined to continue improving the performance of Arviem AG for clients, shareholders and staff.
Arviem Strategy & Solution Workshop
April, 2022 – Arviem executed a two-days Strategy & Solution workshop on April 25 & 26 in Switzerland with Management, board members, Director North & South Americas and Director EMEA and other staff participating. The outcomes of this workshop will enable Arviem to improve its services to clients and to become more efficient and effective as an organization.
Arviem board appoints the Chairman as CEO
April, 2022 – The Arviem AG board has appointed Charles Vincent as the new Arviem AG CEO replacing Stefan Reidy.
Arviem elects new Chairman Charles Vincent
January, 2022 – Arviem shareholders have elected Charles Vincent as a new independent board member of Arviem AG and the board has elected Charles as the Chairman, replacing Scott Fulton. Charles will assume his role on January 25th 2022. The full board is convinced that Charles will contribute to a fundamental improvement of Arviem AG’s strategy, business plan, execution and performance. Beside the chairman role, is Charles also a new major shareholder of Arviem AG. Charles has worked nearly 10 years at Shell and 20 years at PwC and IBM, of which 15 years as a partner and board member responsible for more than 300 improvement projects, predominantly in the transport & logistics businesses. Recently, Charles was four years a CEO and board member of a large integrated shipping – logistics – cold chain – terminal business in South East Asia and an interim transformation director of a large European terminal.
The products’ journey becomes part of the digital consumer experience through Kezzler and Arviem partnership
November, 2021 - Kezzler, the world-leading cloud-based enterprise traceability solutions provider and Arviem, the leading provider of IoT enabled multimodal real-time visibility services, today announced a strategic partnership offering end-to-end supply chain...
Reflecting on 2020, a year of growth
January, 2021 -The coronavirus crisis of 2020 has raised many questions and changed many things last year. The importance of reliable supply and logistics chains enjoyed wider public attention than ever before. Suddenly all of us became aware of this crucial, complex,...
Customs Unity: Arviem calls on UK and EU to work more closely together on trade technology which could smooth the Brexit transition regardless of deal
December, 2020 - Arviem, the provider of IoT enabled supply chain visibility and cargo tracking & monitoring services today joins the call for the UK Government and EU Authorities to work more closely with the supply chain in order to ensure that Brexit does not...
Arviem wins “Most Innovative ESG Supply Chain Solution Global 2020” award by Capital Finance International (CFI.co)
September, 2020 - Arviem has been selected as the winner of the ‘Most Innovative ESG Supply Chain Solution Global 2020’ award within the innovation category by Capital Finance International. True to its innovative capabilities, Arviem is continuously working towards...
Arviem announces election of two new board Members – ‘Daniel Frutig’ and ‘Jesper E. Thomsen’
August, 2020 - Arviem is pleased to announce that Daniel Frutig & Jesper Thomsen have been elected to join members of the board. Both of Arviem’s newest Board members embody the spirit of community and bring talent, supply chain expertise and positive energy to...
Arviem receives ‘Best New Supply Chain Finance Provider – Nonbank Europe 2020 Award’
June, 2020 - Arviem has been selected as the winner of the ‘Best New Supply Chain Finance Provider - Nonbank Europe 2020’ award by Global Banking and Finance Review. True to its innovative capabilities, Arviem’s supply chain finance service is bringing the physical...
Arviem collaborates with Erste Group to offer an innovative supply chain financing solution
November, 2019 - Arviem AG and Erste Group Bank AG (“Erste Group”) are collaborating on a new inventory financing solution that the CEE banking group will offer to its corporate customers. Erste Group and Arviem have developed a set of working capital solutions for...
Arviem selected as one of the winners of the 2019 Industry 4.0 Challenge by BaselArea.swiss
September, 2019 - BaselArea.swiss announced today at the PSA Mulhouse Plant that Arviem’s IoT enabled cargo monitoring service has been awarded as one of the winners of the 2019 Industry 4.0 Challenge. The challenge focused on innovative solutions, new approaches and...
Arviem expands to Asia by partnering with Buckeye Business Solutions
August, 2019 – Arviem enters the Asian market through a strategic partnership with Buckeye Business Solutions, an IoT and Big data focused business development and consulting firm headquartered in Singapore. “IoT and big data play an important role in almost all the...
The European Commission awards Arviem the “Seal of Excellence” certificate
June, 2019 – The European Commission has awarded the ‘Seal of Excellence’ certificate to Arviem as part of Horizon 2020, the EU Framework Programme for Research and Innovation. This quality label is supporting the best projects in the regions of the European Union....
Arviem in the press
If you are interested in reading articles about Arviem published by the media, you can dowload our summary here.
ARVIEM
Arviem solves the challenges of obtaining visible and intelligent trade by offering real-time end-to-end cargo monitoring services. As the only full-service provider for real-time cargo monitoring on the market, Arviem provides exceptionally accurate location and quality condition monitoring of cargo throughout the global supply chain. Our leading-edge solution will provide global supply chain stakeholders with on-demand access to real-time, transport-related data.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 885924
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