FusionOps launches artificial intelligence tool for supply chain – DC Velocity

Business analytics software provider FusionOps has launched a platform that uses artificial intelligence (AI) to identify opportunities to improve supply chain performance for customers such as manufacturers and enterprise corporations, the company said Tuesday. The new "cognitive applications" product is an extension of Mountain View, Calif.-based FusionOps' existing suite of supply chain solutions, which use database analysis and machine-learning tools to help companies improve their forecasts, control costs, and hone inventory levels. The platform uses embedded AI and machine learning to connect the dots between complex signals such as changes in demand, manufacturing, inventory, orders, and external factors. The system then suggests solutions and can even take corrective action in real time, without requiring human input. The new suite comes in three main parts, with a search feature and a cognitive application to be available in Q4 2016 and a supply chain actions tool arriving later in 2017.