Logistics software developer Imaginnovate has created a new business unit aimed at enabling organizations to build resilient supply chains and predict their outcomes via deployment of analytics, machine learning and artificial intelligence. Imaginnovate said its Data Science Services group was created partly in response to supply chain problems brought to light by the recent COVID-19 pandemic.
“Supply chain operators have large volumes of business data in their systems, and by analyzing this data with machine learning and artificial intelligence, they can build predictive models to create effective supply chain solutions,” said Imaginnovate CEO Krishna Vattipalli.
Imaginnovate said its Data Science Services unit would help automate order management, rating, freight matching, carrier booking, notifications, appointment scheduling, routing and invoicing.
It will begin with 15 data scientists, analysts and domain experts, with plans to increase staff to 100 by year-end. Ravi Chavali, a technology veteran with more than 20 years of experience in data analysis and data science, will serve as president of the unit.
Timely, incisive articles delivered directly to your inbox.