Tag Archives: analytics

Transmetrics’ AI-powered demand forecasting and predictive optimization platform deployed by Egyptian shipping company Transmar

CAIRO, Egypt / AMSTERDAM, The Netherlands, 31-Mar-2021 — /EPR INTERNET NEWS/ — The ‘AI platform for logistics’, as Transmetrics is often referred to, is successfully streamlining operations at Transmar, a leading carrier of containerized cargo between Egypt and its key partners in the region. Transmetrics’ demand forecasting and predictive optimization platform is powered by artificial intelligence and machine learning algorithms.

With four decades of experience and a strong operational presence in Egypt, KSA, UAE and Sudan, Transmar has built a solid reputation in the market, founded on family values that drive the company’s ambition to offer the best in class service to its customers. Transmar owns and operates a large fleet of both dry and refrigerated containers, serves thousands of customers, and moves hundreds of commodities throughout the Middle East.

“We strongly believe in the power of Data. Transmetrics’ AI solution helps us leverage our 4 decades of operational experience, to make decisions both faster and smarter. As a regionally focused carrier we are more exposed to volatility. We’re excited about the capabilities Transmetrics will provide by helping see up to 12 weeks into the future, ensuring we have optimum planning and repositioning plans” said Ahmed el Ahwal, Commercial Manager at Transmar. In a recent study, the Boston Consulting Group (BCG) estimates that repositioning empty containers in the shipping industry costs €13 to 17 billion per year (US$14 – 19 billion), which adds up to 8% of a shipping line’s operating costs.

Transmetrics software provides daily rolling AI-driven forecasts for the next 10 to 12 weeks based on the cleansed historical data and relevant external factors influencing the demand. The planning and system optimization tools suggest an optimal and actionable plan for the repositioning of empty containers as well as storage for the next 12 weeks. This also takes into account all the related costs. Stevedoring, gate costs, etc. as well as other variables, and business constraints. The system is equipped to consider repair and maintenance as cost variables which is now work in progress and being co-developed with Transmar.

“We are thrilled to announce this new partnership with Transmar. It goes to show that the AI revolution in logistics is happening worldwide. I look forward to the results we will achieve together with the great team at Transmar” said Jon Fath, CEO of Transmetrics. “This requires deep knowledge of logistics processes because it is still a very hands-on business. Big Data methods, which are used in our product, support our client’s team in finding smarter ways to reposition their assets so that the Transmar local agencies have the right amount containers available when they need it.“

“Transmetrics’ solution helped our team to more accurately allocate our assets. Its monitoring tools and automated forecast result in improved turntime of our assets. Actually, it is a Double Win: our customers benefit from even better services and our team gets state-of-the-art support from AI,” El Ahwal said.

Transmetrics and Transmar also identified a number of next steps to further increase the benefits of Transmetrics solutions such as cabotage management functionality and a management dashboard. The dashboard will include cost reporting and is expected to show how the supply chain will look like for the next 3 months due to its predictive capabilities. “After implementation, Transmetrics is still giving us very professional and pleasant customer service, being open for discussions on product enhancements and being always available for questions and corrections on the data or on the logic where it is needed”, said Hossam Houta, Asset Manager at Transmar.

SOURCE: EuropaWire

Customer Data Platform Industry Update January 2021

MILFORD, CT, United States, 4-Feb-2021 — /EPR INTERNET NEWS/ — Customer Data Platforms (CDPs) are increasingly embedded inside of larger systems, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that ten of the 13 vendors entering the industry in the second half of 2020 provide campaign management or message delivery services in addition to the core CDP function of creating unified customer profiles. Such firms now account for 70% of the 133 CDP vendors identified in the report and 71% of industry employment.

Despite this trend, there is also strong demand for CDPs that provide only data management and analytics. Such firms actually grew the fastest of all CDPs types during the report period.

The report estimates CDP Industry revenue for 2020 at $1.3 billion and projects 2021 revenues will reach at least $1.55 billion. These figures measure revenues for all CDP product sales worldwide, including CDP components within other systems such as message delivery or ecommerce. It does not include related services or in-house customer data system development.

CDP employment grew by 25% in 2020, to just over 10,000, and the number of CDP vendors grew by 35% to 133. The COVID-19 pandemic resulted in deferred purchases by some potential buyers but accelerated purchases from buyers eager to improve their digital marketing capabilities.

The period saw several CDP acquisitions, most notably Twilio’s $3.2 billion purchase of Segment. In this and other deals, the buyer was a software company that planned to use the CDP as part of an integrated product stack. This contrasts with previous CDP purchases, which were often by firms outside of the software industry, such as Mastercard, who wanted to offer CDP capabilities to supplement other services.

About the Report

The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more. It includes four years of historical data collected at six month intervals. The report can downloaded for free at https://lp.cdpinstitute.venntive.com/DL2238-CDPI-Industry-Update-January-2021

SOURCE: EuropaWire

Syniti expands collaboration with SAP to help customer’s move to SAP S/4HANA

BOSTON, MA, U.S.A., 20-Oct-2020 — /EPR INTERNET NEWS/ — Syniti, a leading Enterprise Data Management company, today announced its latest strategic collaboration with SAP Data Management and Landscape Transformation (DMLT) Services for customers moving to SAP S/4HANA via selective data transition (SDT).

SAP’s Data Management and Landscape Transformation (DMLT) Services is a dedicated service provider within SAP for data migration and management. They assist customers moving to SAP S/4HANA using a defined approach and best practices for a smooth overall transition. Their expertise covers all transition paths to SAP S/4HANA and their DMLT Migration Workbench now includes SAP Advanced Data Migration by Syniti™ for customer specific transition scenarios.

“We’re excited to increase our collaboration with SAP and provide even more ways to accelerate customers seamlessly to SAP S/4HANA,” said Kevin Campbell, CEO of Syniti. “The combination of DMLT expert services and Syniti’s certified software significantly improves clients’ experience and accelerates their value when moving to SAP S/4HANA.”

This strategic collaboration between DMLT leveraging SDT and Syniti’s certified software, provides customers the best of greenfield and brownfield approaches for accelerating SAP S/4HANA deployments for any application environment with a trusted, flexible and fast way to migrate. This offer is available now and you can read SAP’s press release here for additional information.

“This SAP solution is envisioned to increase customer value more than any other solution in the marketplace and ensure the customer’s move to SAP S/4HANA will be completed with the best-in-class data quality, speed, savings, predictability and efficiency,” said Stefanie Kuebler, Global Vice President of Data Management & Landscape Transformation at SAP. “This combination of Syniti’s powerful software and SAP’s premium services, provides customers the highest degree of customer success, best-in-class software and expert services.”

Syniti is a leading Enterprise Data Management company and certified SAP Solution Extension (SolEx) partner, whose software is resold by SAP with deployment options available on premise or in the cloud. Projects using SAP Advanced Data Migration by Syniti are recommended by SAP and experience significant savings, such as:

  • 303 percent three-year return on investment with an average eight-month payback on investment
  • 46 percent faster completion of data migration projects
  • 96 percent reduction of unplanned downtime

According to an IDC White Paper, sponsored by Syniti and SAP, “The Business Value of SAP Advanced Data Migration by Syniti” was published June 2020 and is available for download at http://www.syniti.com/businessvaluestudy.

SOURCE: EuropaWire

Integrated Services Monitoring by Bridge Technologies addresses the multiple layers of the broadcast and media cycle

OSLO, 23-Mar-2020 — /EPR INTERNET NEWS/ — Bridge Technologies today announced ISM – Integrated Services Monitoring, an all-embracing suite of tools, designed to deliver invaluable insights into the performance of content production, contribution and distribution networks not only for engineers charged with day-to-day operations but for management to assess the overall performance of the operation.

Integrated Services Monitoring is an approach to quality that addresses the multiple layers of the broadcast and media cycle – from production through signal acquisition, contribution streams, OTT/streaming media, traditional broadcast distribution with DTT or Satellite to picture archiving.

“ISM provides exactly the set of data gathering tools broadcasters need throughout the chain – from production to delivery, uncompressed to compressed.” said Simen K. Frostad, Chairman, Bridge Technologies. “No other company in the network monitoring and analysis space can offer such a complete, comprehensive set of automated capabilities that deliver such a high level of understanding throughout any content distribution chain.”

Bridge Technologies’ extensive product offering ranges from embedded systems and software-based probes to software control systems that support all currently commercial available standards and media formats, all designed to deliver in-depth, intuitive understanding of the end-to-end broadcast process.

Integrated Services Monitoring enables a unique, pre-integrated approach to the most complex tasks facing the modern broadcaster, putting automated eyeballs on all acquisition, delivery and production media streams – all from a single vendor, avoiding the need for complex bespoke engineering.

A turnkey, easy-to-install, complete media monitoring system that spans the whole media chain, Integrated Services Monitoring supports SD, HD, UHD and even 8K; it encompasses contribution streams using various encapsulation techniques including TS-encapsulated JPEG2K and SRT in addition to traditional IPTV; it embraces the modern headend with signal acquisition from terrestrial and satellite sources; and it includes pre-demodulation signal analytics, pre- and post-encoding analytics for IPTV, cable delivery and Remote PHY as well as pre- and post-transcoding to origin for OTT distribution, monitored using QoE parameters such as MOS scores. All data is recorded for instant retrieval in an easy to use visual timeline or formatted as PDF reports that are automatically generated and emailed to whoever needs them.

“Integrated Services Monitoring represents the accumulation of our 15+ years of experience in developing, manufacturing and deploying the most advanced solutions to ensure the maximum uptime of content production, contribution and distribution networks around the world,” Frostad continued. “From the network engineer on a remote site to personnel at the master control centre (MCR) who need visibility into everything that’s going on to management who require SLAs and other insightful indicators of overall network performance, Integrated Services Monitoring is there to deliver what they need, when they need it.”

Integrated Services Monitoring is a further instantiation of Bridge Technologies’ innovative approach to leveraging the inherent value of content data passing through the network: once the data has been ‘acquired’ by a probe, it can be put to multiple uses.

Take, for example, the VBC top level system as part of the ISM structure,” added Frostad. “It’s a management system that, by adding a single IP address to a remote probe, immediately starts the collection of massive amounts of data right into the database. That’s very powerful – suddenly all the advanced reporting and analysis comes automatically.”

This has also seen Bridge Technologies introduce its award-winning Widglets™ API for the VB440 probe. Using Widglets, video monitoring can be embedded within any HTML code – making it available to anyone connected via a web browser, wherever they are. The API is already allowing companies to achieve highly efficient functionality in remote production that was previously unimaginable.

More information about Bridge Technologies and its products is available at www.bridgetech.tv or by phone at +47 22 38 51 00.

About Bridge Technologies

Bridge Technologies creates advanced solutions for protecting service quality in the digital media and telecommunications industries. The company’s award-winning monitoring/analysis systems, intelligent switchers and virtual environments help deliver over 20,000 channels to more than 900 million subscribers in 94 countries. From head-end satellite ingress to microanalytics in the home network, Bridge Technologies offers patented innovation and true end-to-end transparency. A privately held company headquartered in Oslo, Norway, Bridge Technologies has worldwide sales and marketing operations through a global business partner network.

Learn more – www.bridgetech.tv

SOURCE: EuropaWire

SEO experts QueryClick Welcome the Decision to Create Real-Time Analytics Functionality for Social Media Giant Twitter

Following Twitter’s announcement that it will be launching a free analytics service as of the end of 2010, users will soon be able track and monitor their online activities and the success of their tweets.

With social media platforms becoming increasingly prominent in website promotion and customer engagement, the ability to track the success of Twitter-based activities has long been on the wish lists of everyday users and businesses alike.

UK SEO experts, QueryClick believe the arrival of a Twitter analytics dashboard is a further sign that SEO is increasingly affected by social media.

Discussing the matter, a QueryClick spokesperson said:

“Social media is one of the fastest growing sectors in web but for the past couple of year’s there’s been little evidence to support the likes of Twitter and Facebook holding much sway over SEO in terms of boosting back links and driving traffic in the long term rather than temporarily.

“Recent findings suggest that this could be about to change however so it’s increasingly important for businesses to get ready for the social media surge and track the successes and failures of their output in a similar fashion to Google Analytics.”

The decision to roll out a Twitter analytics package is also speculated to be among a number of measures that are already taking shape on the site.

A complete redesign of the site, for example, now features a split screen for multimedia content on one side and recognisable Twitter chatter on the other.

Clearly part of CEO Evan William’s desire to create “A better Twitter”, the redesign and new analytics dashboard is set to make microblogging a force to be reckoned with on top of the 90 million tweets that are currently posted daily.

SEO web designers QueryClick have been quick to warn businesses to make the most of Twitter’s analytics dashboard while it remains free:

“Should Twitter’s analytics dashboard take off, the chances are there will be a specific model rolled out for businesses and marketeers which will contain more advanced features and will most likely not be free.

Via EPR Network
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