Arviem launches a trade finance IoT service

by | Mar 21, 2019 | IoT Devices & Sensors

Arviem is widely renowned for using the Internet of Things sensors for monitoring cargo. By the looks of it, the company is trying to expand its business that will help the financiers for optimizing the company’s lending pattern. Furthermore, this will bring the complexity of financing to the vast data collection based on SMEs.

Arviem is based in Switzerland, and the company is the first company that is going to integrate the Internet of Things logistics data into the commercial service of trade service. The company came into being in the year 2010, and the company helps other significant firms from different corners of the world to track and keep tabs on their right.

Switzerland-based Arviem will install the smart Internet of Things sensors on both cargos as well as on containers. The sensors will collect the data from the location of the goods from the facilities till they reach to their customers’ doorsteps. It doesn’t matter whether there is a disturbance and fluctuation in temperature while the goods are getting transported. Arviem’s sensors will tackle all the obstacles that come during transportation.

The sensors are coupled with high-end analytics as well as a distinctive range of different data sources. And this feat is going to help the numerous business professionals for analyzing and optimizing the physical supply chain. And in this new venture, Arviem is going to bring the financial institutions to their work profile.

Arviem is going to release a new service, Arviem Working Capital. With the AWC, the company will provide the financiers an ability for tracking data in real-time. The financiers will also be able to keep track of the precise location. With an addition to this, the financiers can also check the condition of their goods which they are going to finance, this ranges from an origin point to the destination.

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Neelam Dimri

A post graduate and gold medalist in English literature with a great passion for writing. I am an avid blogger and love to write technical and nontechnical Articles, Blogs, e-books, the latest platform of global interest. I firmly believe in the healing power of writing and how it works fantastically to improve one’s creativity as well as personality. Life is too short to express yourself so, keep writing and enjoying.