BOSTON, MA – September 2nd, 2021 — Escher, the global leader transforming postal operators and couriers, today announced the acquisition of Helsinki-based Syslore to bring a collection of proven, AI-powered services to post and parcel carriers everywhere. With today’s announcement, postal operators can utilize:
Reducing operating costs and improving efficiency are critical to post and parcel organizations across the globe. With parcel volumes set to double over the next five years, automation efficiency has never been more important.
“Taking advantage of e-commerce driven parcel revenue while managing the associated costs is a constant challenge,” said Brody Buhler, CEO, Escher Group. “That is why we are so excited to welcome Syslore to Escher Group. Their differentiated solutions reduce manual sorting of parcels and mail and, where still required, make manual sorting faster and more efficient. This is the next step in our continued effort to empower Posts to harness e-commerce growth and deliver omnichannel experiences from the first to the last mile.”
“We are thrilled to join Escher Group,” said Henri Tykkä, Syslore CEO, who will join Escher with the acquisition. “Leveraging our joint expertise to scale solutions like packet scanning, route-ready sorting, and customs, duty and tax (CDT) digitization, will help ensure that all communities have convenient access to cost-effective cross-border packet and parcel services.”
For more information on these services, existing Escher customers should contact their account manager. For any postal operator or courier that is not a customer, contact us for more information.
Escher powers the world’s first and last-mile deliveries, helping Posts connect nearly 1 billion consumers with global e-commerce networks. Postal operators rely on Escher to deliver enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics.
The company’s award-winning customer engagement platform, Riposte, and Escher’s full-service support help Posts become next-generation enablers of e-commerce. First and last-mile delivery becomes streamlined, efficient, and profitable and is powered by the most customer-centric, low-cost, retail network imaginable. Posts can also rapidly expand and deepen all points of engagement with ease and in a highly cost-effective way.