The companies will team up to deliver real-time supply chain risk alerting.
Supply-chain security experts LoJack SCI and data analytics firm TransVoyant have announced they have created a new partnership designed for supply-chain risk using live alerts and predictive analytics.
In the Jan. 5 announcement, the companies said the Supply Chain Information Sharing and Analysis Center (SC-ISAC) will be powered by the TransVoyant CD Platform. The technology streams and analyzes data from news sources, social media and weather/national disaster reporting agencies. Real-time algorithms look for mentions of potential port strikes, weather events, cargo theft, ship locations, airport congestion, port congestion, traffic and even earthquakes. The resulting insights provide both a current picture and forecast of global conditions, and customers are immediately made aware of any detected risks to help their decision making.
Related stories: “Real-Time Sensors Track Food as It Moves Through the Supply Chain”
“What IBM Wants With Weather and Twitter Data”
“The combination of TransVoyant’s powerful CDI data engine and the next generation SC-ISAC portal creates a real-time information fusion hub for the supply chain industry. This partnership will increase situational awareness and enable supply chain executives to manage and mitigate risk over the entire globe,” said Luke Balsley, TransVoyant managing director.
Want more? Check out our most-read content:
White Paper: How to ‘Future-Proof’ a Streaming Analytics Platform
Research from Gartner: Real-Time Analytics with the Internet of Things
E-Book: How to Move to a Fast Data Architecture
The Value of Bringing Analytics to the Edge
Factory Testbed Focuses on Visualization
What’s Behind the Attraction to Apache Spark
Video: Loop AI Labs on How Cognitive Computing Understands Language
Liked this article? Share it with your colleagues!
Sue Walsh is News Writer for RTInsights, and a freelance writer and social media manager living in New York City. Her specialties include tech, security and e-commerce. You can follow her on Twitter at @girlfridaygeek.
Best Practices for Deploying and Scaling Industrial AIArtificial Intelligence (AI) is transforming industrial operations, helping organizations optimize workflows, reduce downtime, and enhance productivity. Different industry verticals leverage AI in unique ways.Link to The Center for Adaptive Edge Intelligence
The Center for Adaptive Edge IntelligenceAdaptive edge intelligence brings real-time decision-making to the point of data creation, whether from sensors, machines, or cameras.Link to The Value of Vehicle Electrification
The Value of Vehicle ElectrificationElectric vehicles (EVs) present automakers with many design, engineering, and manufactu ring challenges.Link to Accelerating Manufacturing Digital Transformation with Industrial Connectivity and IoT
Accelerating Manufacturing Digital Transformation with Industrial Connectivity and IoTDigital transformation is empowering industrial organizations to deliver sustainable innovation, disruption-proof products and services, and continuous operational improvement.Link to Smart Manufacturing for Automotive
Smart Manufacturing for AutomotiveLeading a transportation revolution in autonomous, electric, shared mobility and connectivity with the next generation of design and development tools.Link to Center for Data Pipeline Automation
Center for Data Pipeline AutomationAs businesses become data-driven and rely more heavily on analytics to operate, getting high-quality, trusted data to the right data user at the right time is essential.Link to Center for Automated Integration
Center for Automated IntegrationThe goal of automated integration is to enable applications and systems that were built separately to easily share data and work together, resulting in new capabilities and efficiencies that cut costs, uncover insights, and much more.Link to Continuous Intelligence: Insights
Continuous Intelligence: InsightsDigital transformation requires continuous intelligence (CI). Today’s digital businesses are leveraging this new category of software which includes real-time analytics and insights from a single, cloud-native platform across multiple use cases to speed decision-making, and drive world-class customer experiences.
