Inin Group AS — M&A Activity 2021

Aug 16, 2021

Elop AS: Simplifai enters a strategic partnership with Easy2You

Elop AS: Simplifai enters a strategic partnership with Easy2You

August 16th, 2021, – Simplifai has entered into a strategic partnership agreement with the LogTech company Easy2You Technology.

Easy2You Technology has its Headquarter in Ålesund, Norway, and is delivering digital logistics services to both online retailers, private- and public sector. Their technology platform connects the customer and provider of transportation with advanced algorithms to optimize speed and quality of service.

As part of the agreement for, Easy2You will include Simplifai’s AI-driven systems in its offering to support fully automated processes.

“We are very happy to get Simplifais solutions easily available in our platform”, says the coming Easy2You Technology CEO Espen Slyngstad.

Transportation management

Entering into the agreement with Easy2You is part of Simplifai’s strategy to grow revenues in the transportation and logistics sector.

“Documentation requirements in transportation and logistics, and the volume of correspondence and documents that are exchanged between the different provider of services is almost incomprehensibly high. Hence, Simplifai’s AI-driven technologies, which help our clients to automate these processes, could play an important role in automating and optimising an area where volume is the game changer” says Bård Myrstad.

ENDS

For further information, please contact:

Media

Bård Myrstad, VP Simplifai, tel: +47 415 03 263

Øivind Horpestad, Executive Chairman of Elop, tel: +47 910 00 626

Investors

Kim Boman, CFO of Elop, tel: +47 959 63 912

About Elop

Elop is a Norwegian holding company with two operating subsidiaries. Elop Technology develops tools and digital solutions to inspect, monitor and manage infrastructure worldwide using patented ultrasound technology. Through data-driven and AI-based solutions for inspection and predictive maintenance of concrete infrastructure, the vision is to provide asset owners with solutions that improve safety, extend asset lifetime, minimise total lifecycle cost and environmental footprint. Simplifai offers automation solutions using artificial intelligence. Simplifai’s Digital Employee solutions automate labour intensive work process where natural language communication including email, chat or documents are central.