The air freight industry, which has long been considered slow to adopt technological innovations, has finally become in the spotlight in the scene of startups in the field of technology. At the prestigious Futuretravel 2024 technology conference, Belli, a software company that works to develop advanced shipping management systems (CMS), won the Grand Prix of 330 thousand euros.
Belli, founded by Jeff Ban and Alex Khor, is the first CMS platform supported by investment capital specifically designed for the air freight industry. This achievement puts it along with well -known companies such as Cargo One and Webcargo, which also got great funding for the project. The company’s victory in Futuretravel 2024 reflects the increasing recognition of air freight as an exploitative and ready -to -disturb market.
Industry stuck in the past
For decades, the air freight sector has relied on outdated old systems that suffer from inefficiency, manual processes and limited integration capabilities. Billy aims to change this. During the presentation, Ban and Ghor highlighted how their comprehensive software updates freight operations by automating peripherals, providing data visions in actual time, and replacing old systems.
“Our program is designed to enable airlines with the tools you need to prosper in a digital world,” said Ban. “We automate manual operations, simplify operations, and most importantly, help airlines open great revenue opportunities.”
The show was deeply resonated with the audience and the rulers, as it presented a clear picture of how to address the innovative Billy approach to the critical weaknesses in the industry. Starting with the integration of the API, which was previously carried out to create a more transparent and efficient system for goods management, the Belli program was developed as a changing game rules.
Deep visions of the industry
One of the distinctive factors of Billy is its leadership. The founder Jeff Ban and Alex Khor offers a rare mixture of consulting and technical experience. Both are former consultants, that from McKinsey and Corfree from Accessory, and led engineering teams in strong technological companies such as Boking, SpaceX, and Teleport (the charging arm of Airaasia). This combination of strategic vision and technical ingenuity enabled Billy to distinguish in competitive space.
During the presentation, Susanna Cheo, head of Amadeus Ventures, asked a very important question: “Why does an airline choose you instead of current shipping programs?” Red Ban was convincing and frank: “Our team is unusual in that we are former advisers and we also have experience in managing a flight technology team of a flight and experience in software engineering. Every airline usually learns to sit with something new during the first hour. It was the biggest thing I feel From frustration when working with shipping software suppliers is that simple things such as setting up an API’s programming interface (API) was an ordeal that lasted for several months.
This answer confirmed the value of the value provided by the company Belli: not only better software, but better cooperation, custom visions and a flexible approach to which traditional sellers lack.
Blind point worth 146 billion US dollars
He also drew the offer, which he made by attention to the stark control in the aviation industry: the neglect of goods by the senior sellers of airline technology. He pointed out that Amadius, the leading company in the field of providing passenger technology that has more than 19 thousand employees, does not have any employees dedicated to shipping, although this sector generates 146 billion dollars annually for airlines.
“This is a blind point,” said Ban. “Shipping is a huge market, however it is largely ignored by the main players. This is the gap that we are here to fill.”
Not only did the data -backed argument shed light on the opportunity, but also stressed the urgent need for specialized solutions designed specifically for charging.
Receiving rulers and industry
The Futuretravel 2024 competition for presentations included a committee of respected adventurers who have unanimously praised them for the innovative Billy approach. The committee’s decision to grant Billy reflects the grand prize of 330 thousand euros, the increasing confidence of investors in the ability of startups in the field of air freight technology to achieve high returns.
This victory is not only a confirmation of the Billy business model, but also a recognition of the broader need for the air freight sector to update. The leaders of the industry commented on the transformative capabilities of Billy solutions, and some described it as a pivotal moment for the sector.
Form the future of air freight
Billy’s victory in Futuretravel 2024 is more than just a milestone for the company – it is an invitation to wake up for the air freight industry. With the e -commerce leadership for unprecedented growth in global charging sizes, airlines are under enormous pressure to improve their shipping operations. The Billy program is to do so specifically by providing efficiency, transparency and expansion that airlines need very much.
As investment capital continues to flow to air charging technology, Billy is in a good position to lead this task. With the prize of 330 thousand euros, the company plans to accelerate the development of its products and expand its presence in the market, which makes its vision of the industry more intelligent and efficient closer to reality.
Ban concluded that “air freight has finally started to launch in the world of technology.” “With Billy, we are not only riding the wave, but we form it.”
