Finance Monthly - January 2023

Bus i ne s s & Economy Finance Monthly. 16 Originally from the Dominican Republic, Mario Medina moved to the US at the age of nine. He received his undergraduate degree from Nova University and has worked for Fortune 500 companies before co-founding Moveo Technologies. Finance Monthly talks all things Moveo Technologies with him over the next pages. Mario Medina Co-founder & CEO of Moveo Technologies Please tell us more about Moveo Technologies. Ground has always been a bit of a stepchild of the passenger transportation industry - air, sea, and rail receiving all the plaudits. Our company Moveo Technologies Corporation was envisioned to bring sophisticated logistics to the passenger ground transportation industry. In the process of moving away from the fax machines, spreadsheets, and phone lines, we needed not only to eradicate these, although they were essential, but we also needed to introduce a proactive dispatch system, which was capable of viewing and managing all ground logistics globally. A number of initiatives were undertaken to achieve the lowest incident rate in the industry, chief among them are ISO 9001 certification (a game changer for us in quality management), using machine learning and AI on our in house developed platform, and offering our back-end technology, without charge, to companies serious about passenger transport (e.g., Carnival Cruise Line and a Major League in the US). What makes the company unique? It is a combination of the projects we take on and our vision as a company, both of which put our focus on managing serious Amateurs Talk About STRATEGY; Professionals Talk About LOGISTICS logistics. The implications of this extend from the individual business traveler to the US Army’s OAW (Operation Allies Welcome), during which we provided logistical support and managed ground transportation for more than 30,000 stateside passengers. General Bradley says it best: “Amateurs talk about strategy. Professionals talk about logistics.” What are your favourite things about the sector? I love the fact that the industry has become so receptive to innovation and the appreciation we receive from customers when they get what we do.

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