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.”
The Ultimate Procurement & Supply Chain Event
Global eProcurement leader JAGGAER has been announced as the latest sponsor for Procurement & Supply Chain Live.
Recognised as a Leader by Gartner in both Strategic Sourcing and Procure-To-Pay, JAGGAER’s direct and indirect eProcurement solutions help over 1850 customers, connecting to a network of 4 million+ suppliers in 70 countries.
From September 28th-30th, Procurement & Supply Chain Live gives you the opportunity to network with C-level executives, gain insight from industry pioneers and walk away with actionable insights that accelerate your career. By the end of the week, we promise you’ll have the skills to solve the world’s most pressing supply chain and procurement challenges.
Whether you attend virtually or in-person, you’ll strategise how to cope with global disruption, learn from industry pioneers - including newly announced speakers Chris Shanahan, VP Global Procurement/CPO at Thermo Fisher Scientific; Jim Townsend, Chief Procurement Officer at Walgreens Boots Alliance; and David Cho, CPO at University of Massachusetts - and walk away with tips, tactics, and tangible connections.
How to Attend
In a COVID-disrupted era, we know that the majority of people would rather avoid travelling for events─why take the risk, right? In response to the continued disruption, BizClik Media Group has decided that Procurement & Supply Chain LIVE will offer the best of both worlds through hybrid accessibility.
That means you and your peers can attend the event in person or virtually ─ with no disadvantages for people who choose not to make the trip to the Tobacco Dock venue.
Procurement & Supply Chain LIVE will be held at the Tobacco Dock in London, an industry-leading venue that is renowned for delivering world-class events. For attendees’ peace of mind, the venue is working to the government-endorsed AEV All Secure Framework, alongside mia’s AIM Secure and ‘Good to Go’ accreditation, they will ensure that we achieve a COVID-secure environment to facilitate all of your networking needs.
Our physical venue is both historic and stunning, but it has no bearing on the information that you and your peers can gain from the event. You can still absorb it all, interact with other attendees, and enjoy the conference experience on your alternative, virtual platform.
The platform will feature live feeds from all of the stages, as well as virtual networking areas. So, if you want to avoid travel, it’s not a problem! You can still get involved and enjoy the entire experience from the comfort of your own home.
New Speakers for Procurement & Supply Chain Live
VP Global Procurement/CPO at Thermo Fisher Scientific
Shanahan is Vice President, Global Procurement/CPO for Thermo Fisher Scientific in Waltham, MA. He joined the company to lead efforts in leveraging scale in the marketplace, develop capability and processes across the company, while transforming the supply base. He co-authored the Procurement Leaders Handbook, and holds a Master’s in Business Administration from Open University in the United Kingdom.
Chief Procurement Officer at Walgreens Boots Alliance
Townsend leads Walgreens procurement (Goods and Services Not For Resale). Prior to joining Walgreens Boots Alliance, he worked for Anglo American and General Electric also within commercial procurement. He has worked overseas extensively, in both manufacturing and retail environments. He holds an MBA in Strategic Procurement from the University of Birmingham, UK and a Bachelor’s Degree in Mechanical Engineering.
CPO at University of Massachusetts
Cho is Chief Procurement Officer for the University of Massachusetts, Unified Procurement Services Team (UPST), comprising strategic sourcing, contracts, supplier management, procurement operations, accounts payable, travel services, and customer service that provide quality service to the UMass system. Cho has 25-plus years of strategy and operations management consulting and industry experience. He was formerly Global Head of Sourcing and Vendor Management at BlackRock.
CLICK HERE to order now and make the most of our early-bird offer. Ticket prices increase over 50% soon!