March 23, 2016
New Embedded Advance Analytics Turns Big Data Into Intelligent Recommendations for Business Users
MOUNTAIN VIEW, CALIF, March 23, 2016 – FusionOps, the provider of the Supply Chain Intelligence Cloud, today announced that the FusionOps cloud platform has been extended to include pre-defined prescriptive analytics. Business users now, for the first time, have access to data science-backed recommendations that they can trust to optimize their inventory in order to reduce their operational cost and improve customer service levels.
While advances are being made in the realm of data science, companies struggle to apply these new analytics to achieve better results. Until now, companies that wanted to extract actionable intelligence from disparate data sources had to rely on IT and teams of data scientists who had only complicated software tools to compile, harmonize, and translate for the business users to then have the chance to act on it for the benefit of the business.
In addition to being cost and resource intensive, limited computational capabilities and the time required to do this data analysis, can compromise the benefit for the business that doesn’t have weeks to spare to make critical business operation decisions. FusionOps pre-built prescriptive analytics are integrated into its scalable cloud platform, meaning it leverages a massive compute infrastructure which leads to accelerated time-to-insights. With FusionOps, the business user has access directly to the information to make decisions in days versus months.
“We continue to innovate on our Supply Chain Intelligence Cloud to deliver real results for our customers,” said Gary Meyers, CEO of FusionOps. “Delivering prescriptive analytics for inventory in addition to our existing diagnostic and predictive analytics is a natural evolution for FusionOps and a quantum leap for business users. We are opening the door to the latest in data science and putting it into the hands of people who need it the most: business users.”
Inventory Optimization Analytics Leads To Powerful Business Recommendations
The first application of prescriptive analytics is in the FusionOps Inventory application. Using FusionOps inventory analytics business users discover new data science-based insights:
The FusionOps Advantage
The new prescriptive capabilities for inventory are fully integrated into the FusionOps Supply Chain Intelligence Cloud platform. Users will immediately gain advantages over traditional inventory planning solutions.
Customer and Experts Value Prescriptive Analytics
“FusionOps continues to bring innovations like the latest in data science to our business which helps us drive real results. We believe prescriptive analytics for the supply chain will have significant upside for us. By improving our time to insight, we can be more responsive to our customer demands as well as identifying ways to improve and innovate.”
– Davíd Guzmán, CIO, H.D. Smith
“As more and more companies outsource their manufacturing, they are losing visibility of the variables that drive effective inventory management like lead time and demand variability among other factors. FusionOps is now changing the game by providing prescriptive analytics directly to business users where it has the leverage to drive both inventory-related cost savings and higher customer service levels.”
– David Ginsberg, VP Supply Chain, Sonic Manufacturing
“FusionOps is leading the market in making data science available to business users. Inventory optimization is a never-ending challenge for supply chains worldwide. FusionOps cloud solution brings real-time visibility and uses data science to prescribe recommendations that will allow business to better balance the tradeoffs between cost efficiency and customer satisfaction, and ultimately to increase profitability.”
– David Atkin, Assistant Professor of Economics, MIT
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Thousands of users worldwide rely on the FusionOps Supply Chain Intelligence Cloud as the trusted source for getting actionable knowledge about their supply chain. FusionOps uniquely provides companies an advanced big data platform, embedded data science that puts advanced analytics into the hands of business users, and pre-built supply chain models specific to the supply chain that accelerate time to insights.
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