MarineXchange Receives Government Grant for Artificial Intelligence Project – IAM Network

The Austrian Research Promotion Agency (FFG) has officially announced to support the development of an AI (Artificial intelligence) forecasting project with MarineXchange (MXP), which provides enterprise software solutions to the cruise industry. "Accurate supply chain forecasting is a huge challenge for the cruise industry," MXP said, in a press release ."Because Consumption patterns depend on guest profiles, seasonal items, substitutions and menu cycles. Vendor performance, freight and currency exchange rates need to be considered. The overall CO2 impact, waste reduction and fair trade are additional factors. To aid cruise companies in this complex decision-making process, more accurate forecasts are needed."