ToolsGroup's SO99+ V 8.0 has a new release of machine learning based Supply Chain Planning software. Watch the video below to learn about AI-driven Supply Chain Planning in the cloud.
Speaker: Joseph Shamir, CEO of ToolsGroup
Date: 05 September, 2017 @ Optilon Conference
Ladies and Gentlemen, today we are previewing a major new machine learning base, supply chain planning software release - SO99+ V 8.0. This is our most significant release in years representing a major step in bringing artificial intelligence based supply chain planning to a wider audience.
Our machine learning journey started seven years ago when ToolsGroup became the first supply chain planning vendor to integrate artificial intelligence in supply chain planning product.
One of our first implementation was Dannon who needed to improve their trade promotion and ROI optimization. They turned to ToolsGroup and used our artificial intelligence technology to address the problem. In 2013, Gartner research has showcased this very successful customer case study. In the ensuing years ToolsGroup has added new applications and refined their adaptability and robustness.
ToolsGroup's machine learning based applications includes now trade promotion and media events, new product introduction, extreme seasonality and complex seasonality as well as demand sensing including social listening.
ToolsGroup supply chain planning software release is bolstered by a new technology partnership with Microsoft Corporation. In this release ToolsGroup transitions its software to Microsoft Azure Advance Cloud platform and its machine learning engine MLE to Microsoft Cortana.
SO99+ V 8.0 leverages Cortana, an open artificial intelligence and cognitive computing platform. It makes innovative advance analytics solution accessible to a wider and broader audience both large corporations that are wishing to enhance their legacy investment as well as mid-tier companies that are looking for a competitive advantage.
It is an important step in productizing machine learning for a wide range of business environments. It is an artificial intelligence based supply chain planning software in the cloud.
SO99+ V 8.0 has a new SaaS architecture and delivery method taking full advantage of Microsoft Azure. ToolsGroup database of reference is now cloud native and is optimized in Azure to enhance scalability, performance and mobility.
Azure will serve ToolsGroup data intensive applications like highly granular bottom up forecasting or point of sales demand sensing. Azure's ability to scale fast, to handle high data volumes and accept non-traditional inputs like social feeds or weather forecasts makes it perfect for handling big and complex supply chain data.
ToolsGroup machine learning application layer MLE, sits on top of Azure and Cortana translating business phenomenas into advance analytics model. It creates reliable predictions drawing on a powerful combination between statistical demand modelling and machine learning analytics. It adopts the machine learning technology to optimize the supply chain.
With SO99+ V 8.0, ToolsGroup becomes Microsoft Service Provider of advance supply chain optimization and supply chain reference partner.
(Start Playing Microsoft video clips)
Akshey Gupta, Director Cortana Intelligence Engineering Microsoft:
"From my point of view how I see this is that supply chains have been complex. Now they are getting more complex. There are many reasons why companies are undergoing digital transformation projects. The supply chains of the future need to be far more collaborative and they need to listen and learn and adopt to the changes that happen.
ToolsGroup provides one of the best supply chain analytics solution today has been Gartner several times and Microsoft provides the listening and the learning algorithms that are required. We provide these things through Cortana Intelligence and we provide these things on our Azure Platform which allows companies to build solutions which will be more collaborative in nature and using the algorithms which will listen and learn to the changes in supply chain and adopt to the changing environment.
I think the combination of the Microsoft, the breadth of Azure Cloud and the deep skills that ToolsGroup brings in particular industries around supply chain technology, demand planning, inventory management, forecasting, promotions, pricing and all of those things together makes us work together in a way that we can create a very successful solution."
(End Playing Microsoft video clips)
SO99+ V 8.0 includes an upgraded user interface that features intuitive network status visualization, integrated alerting and embedded live dashboardswith all navigation originating from the web. This new release also coincides with ISO27001 Certification of ToolsGroup for Information Security certifying the confidentiality, the integrity and availability of our customer's data.
We are inviting all our customers that have not transitioned yet to join us in moving to a cloud based SaaS model. We look forward to working with Microsoft to bring AI based supply chain planning and optimization to a broader audience.
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