Trakm8 Holdings PLC - Shaftesbury, England-based provider of fleet management software and data to insurers - Extends its contract with J Sainsbury PLC’s Information Systems Ltd business by two years to December 31, 2026. The contract is for the Sainsbury’s Goods Online delivery solution, which is built on the Trakm8 insight artificial intelligence optimisation platform algorithms, supplied through an application programming interface. It says more than 4,000 tonnes of carbon per year have been saved since Sainsbury’s first use of Trakm8’s algorithm.

Current stock price: 7.00 pence per share, up 3.7% on Friday afternoon in London

12-month change: down 53%

Copyright 2024 Alliance News Ltd. All Rights Reserved.