Delhivery awarded patent for its proprietary technology product Addfix
By MYBRANDBOOK
Delhivery has been awarded a US Patent - US 11,343,638 B2 (45) on May 24, 2022. The patent covers Delhivery’s innovation in address verification and location mapping - ‘System and method for validating geographic location accuracy for an address.'
Addfix, Delhivery's proprietary address disambiguation system, takes unstructured and incomplete or error-ridden addresses provided by customers and breaks them down into different geographical elements like country, state, city/town, locality, street, landmark, building, postal code, etc. to give an accurate location for an address. The system has been built using intelligence collected from over a billion successful deliveries since inception and is designed to clock greater accuracy with every passing delivery.
Commenting on the announcement, Kapil Bharati, Executive Director, and Chief Technology Officer, Delhivery, said, “As a company, our proprietary technology is a core differentiator, and this patent reiterates our commitment to design tech solutions that increase the efficiency and reliability of our customer's supply chains. We have also externalized Addfix and other location intelligence services to customers across the e-commerce and BFSI sectors.”
Adding to this, Rajiv Dinesh, Head - Data Products, Delhivery, said “Addfix is a core building block for automating and optimizing our dense mesh network of last mile facilities and drives our advanced facility placement (Netplan), service area optimization (Mapper) and automated parcel routing (Flare) capabilities. Together, they ensure faster, precise, more reliable deliveries, reduced order returns and higher customer delight for all our clients. The products ingest live data from our operations and allow us to continuously drive productivity and cost efficiencies across our last-mile operations. Our data products are proudly made in India for local as well as global use and are also active in Bangladesh and Sri Lanka.”
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
Icons Of India : ASHISH KUMAR CHAUHAN
Ashish kumar Chauhan, an Indian business executive and administrator, ...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
ICONS OF INDIA : SUNIL BHARTI MITTAL
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
EESL - Energy Efficiency Services Limited
EESL is uniquely positioned in India’s energy sector to address ener...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - Lal Karsanbhai, President & CEO, Emerson
Lal Karsanbhai, President and CEO of Emerson, assumed the leadership i...