Logility agrees deal to buy advanced analytics and machine learning firm Halo
Supply chain optimisation specialist Logility, Inc. has announced the acquisition of privately-held Halo Business Intelligence, which specialises in advanced analytics and business intelligence solutions for the supply chain market.
In a release, Logility said that as supply chains transition towards a digital era driven by algorithmic planning and machine learning, companies need a single, integrated platform to simplify the growing complexity and abundance of both structured and unstructured data available.
“Halo’s advanced analytics deliver interactive visibility to help customers make quicker, smarter fact-based decisions,” it added.
“The combination of the Logility planning and optimisation portfolio including the award-winning Logility Voyager Solutions, Demand Solutions and NGC Andromeda platforms, with Halo’s advanced analytics capabilities will enable businesses to move away from emotion-based projections to predictive and prescriptive analytics to increase visibility and accelerate decision-making across the entire supply chain network from raw materials sourcing to omni-channel delivery.”
Halo’s advanced analytics will be embedded into the Logility Voyager Solutions advanced analytics platform, with analytics leveraged against interactive visualisation, machine learning algorithms, and artificial intelligence (AI) to transform both structured and unstructured data to accelerate business planning performance and proactively identify new business opportunities or mitigate risks.
Customers on the Demand Solutions and Andromeda platforms will be able to add pre-packaged Halo advanced analytics capabilities to their subscriptions to drive quick insights and appropriate actions for their businesses. In addition, Logility will continue to offer Halo standalone to complement other enterprise systems.
“Supply chains are powerful interconnected ecosystems that contain enormous amounts of usable data that is left untapped by most companies,” said Allan Dow, president, Logility.
“Adding Halo to Logility’s solution portfolio allows us to accelerate and extend our advanced analytics and supply chain master data management capabilities to generate actionable insights for our customers.
“The combined expertise in analytics, artificial intelligence and machine learning enhances our capability to visualise the right information when and where our customers need to take action, reduce costs, improve customer service and drive more profitable growth for their businesses.”
Keith Peterson, Ph.D., president and CEO, Halo Business Intelligence, said: “There are tremendous synergies in our shared focus on planning innovation, visualisation and customer service.
“We now have the ability to tap into Logility’s more than 40 years of supply chain optimisation and retail planning expertise to accelerate the delivery of Halo advanced analytics technology to serve more customers.”
Grupo Espinosa: 70 years of constant evolution
Founded in 1952, Grupo Espinosa has been relentlessly supporting the publishing industry with producing more than 100 million copies every year – whether its books, magazines, catalogues or single-order custom prints. No project is big or small for Grupo Espinosa, as the facility can scale up on demand and their turnaround times are highly competitive. Grupo Espinosa works with on-demand digital press or offset press, in paperback with glued softcover binding, PUR softcover binding, stitched paperback binding, binder’s board, hardcover, saddle stitched, Spiral or Wire-O. Equipped with the experience needed for a product to leave the plant ready for distribution, Grupo Espinosa delivers anywhere inside or outside Mexico. Traditionally starting off as a black and white printing press, Grupo Espinosa has experienced transformation first hand – from colour to digital offset printing. Currently, Grupo Espinosa is also looking at making capital investments into audio books to match with the increasing demand.
So how did a seemingly local operation in Latin America become a world-renowned printing facility trusted by hundreds of clients? As Rogelio Tirado, CFO of Grupo Espinosa for the last six years says “It all comes down to our market experience and our dedication to quality”. With nearly 70 years behind them, and located in Mexico City, Grupo Espinosa has two major locations – one spanning 75,000 square metres and the other about 45,000 square metres. Both locations are controlled by a single ERP (Enterprise Resource Planning) system ensuring speed, consistency and quality of work. Tirado says this isn’t their only competitive advantage. He adds “Our competitive advantage is the relationship we have with customers and the trust they put in us with their intellectual property”. Speaking of trust, global publishing giant Macmillan Education exclusively partners with Grupo Espinosa for their Latin America operations, as part of Macmillan’s decentralized hub strategy. Having a facility that offered the full spectrum of service – from storing digital content to printing and distributing – was one of the major requirements for Macmillan, and Grupo Espinosa was recognized as the leading printing hub for providing this 360 infrastructure. Another factor that has led to success for Grupo Espinosa is the absolute focus on quality and time. The staff are committed to providing the best quality in the best possible time, without causing wastage of resources. Sustainability is a huge factor playing into Grupo Espinosa’s operations, and they’ve created a healthy environment with the sustainable use of paper and energy resources as well as keeping their employees – most of them associated with the organisation for over 10 years – happy. He adds, “In order to be truly successful, you need to be good to the environment, employees, suppliers, and your customers. But most importantly, you need to be sustainable, you need to have proper working conditions, pay proper salaries, proper prices for paper, source the paper from sustainable sources, pay your taxes, basically be a good global corporate citizen and that's probably one of the biggest achievements that we have.”