Digicust

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Schwechat
,
Austria
http://www.digicust.com

Digicust is a deep-tech startup that scalably & sustainably digitalizes customs clearance along the complete supply chain. For this purpose, an AI-based web app with integrated virtual customs robots is offered & continuously further developed. The main goals are to achieve enormous efficiency increases in customs, to counteract the shortage of skilled workers, to improve the green footprint as well as fraud detection tremendously, with the support of hyperautomation of all customs processes & The Internet of Customs. Our solutions achieve this not only through process innovation, but also through business model & tech innovation. The core of Digicust tech is composed of scalable AI components & a highly complex microservices architecture, enabling the widely known challenges of Deep Learning tech such as its black-box behavior, stability issues in edge cases & the requirement of high, qualitative data volumes to be overcome by Digicust tech know-how for the first time in the world. It is the right mix of these innovations that make it possible to revolutionize customs & develop AI that meets the high-risk requirements of the industry & the European Commission for future AI tech.

Active
Active
Active
Freight & Shipping
General Information
Status
Active
City (Headquarter)
Schwechat
Country
Austria
FTE’s
12
Employees
Founding Date
22/7/2020
Funding ($)
$
2000000
Phone
+43-6801515296
Contact Email
b.parmakovic@digicust.com
Founder
Founders
Status
Active
City (Headquarter)
Schwechat
Country
Austria
FTE’s
xxx
Employees
Funding ($)
$
xxxxxxx
Phone
xxxxxxxx
Founder
Founders
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Status
Active
City (Headquarter)
Schwechat
Country
Austria
FTE’s
xxx
Employees
Funding ($)
$
xxxxxxx
Phone
xxxxxxxx
Founder
Founders
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Techsegment
Software
Artificial Intelligence
IoT
Market Sub-Segment
Transportation
Freight & Shipping
Sustainability Sub-Segment
Emission Reduction
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Techsegment
xxxxxx
Sustainability Sub-Segment
xxxxxx
Market Sub-Segment
xxxxxx
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you must upgrade your account.
Techsegment
xxxxxx
Sustainability Sub-Segment
xxxxxx
Market Sub-Segment
xxxxxx
Description
Digicust is a deep-tech startup that scalably & sustainably digitalizes customs clearance along the complete supply chain. For this purpose, an AI-based web app with integrated virtual customs robots is offered & continuously further developed. The main goals are to achieve enormous efficiency increases in customs, to counteract the shortage of skilled workers, to improve the green footprint as well as fraud detection tremendously, with the support of hyperautomation of all customs processes & The Internet of Customs. Our solutions achieve this not only through process innovation, but also through business model & tech innovation. The core of Digicust tech is composed of scalable AI components & a highly complex microservices architecture, enabling the widely known challenges of Deep Learning tech such as its black-box behavior, stability issues in edge cases & the requirement of high, qualitative data volumes to be overcome by Digicust tech know-how for the first time in the world. It is the right mix of these innovations that make it possible to revolutionize customs & develop AI that meets the high-risk requirements of the industry & the European Commission for future AI tech.
Company USP
Scalable, sustainable, and hyperautomated customs clearance Current advantages: – 24/7 end-to-end, scalable creation of customs declarations with AI-based customs know-how. – 90 min. time and 50,- € cost decrease per customs case. Short-term goals: \- unique intelligent document processing (IDP) customs service. – 30x more scalable end-to-end IDP by solving deep learning issues. – High-speed & cost-efficient IDP service; processing time decrease from 3 to 120 min. to between 0 to 3 min. per declaration, AI tech cost decrease from 0,30 € to 0,02 €. Mid-term goals: – 78% time, 64% cost, 67% mistake decrease per declaration. – avoiding 4,7 B €, 13 M kg CO2 emissions. – 2-3 days supply chain speed up.
Problems Solved
90% unstructured data in customs with 55 to 65% annual growth rate, overall 8 hours 250,- € costs per declaration across all stakeholders, lack of customs specialists, 7 B € tax damage in EU yearly, 55 M kg CO2 emissions globally per year, deep learning black-box-behavior, stability issues, requirement for large, qualitative data sets.
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Description

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Company USP

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Description

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Company USP

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Business Model
B2B Software
Target Customers
Global customs brokers, forwarding companies, and large industry companies with at least 10.000 declarations per year.
Reference Customers
Paid customers: G. Englmayer Zoll und Consulting GmbH, Zoll.Ution GmbH (Tochter-Unternehmen von Fachspedition Karl Dischinger GmbH), Rüdinger Spedition GmbH, Fiege Customs Service GmbH
Operating Geographies
Austria, Germany, Netherlands
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Business Model
xxxxxx
Target Customers
xxxxxx
Reference Customers
xxxxxx
Operating Geographies
xxxxxx
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you must upgrade your account.
Business Model
xxxxxx
Target Customers
xxxxxx
Reference Customers
xxxxxx
Operating Geographies
xxxxxx
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Attachments
lorem-ipsum.pdf
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Attachments
lorem-ipsum.pdf

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