New Savi Insight Delivers Deeper Analytics to Drive Operational Intelligence

Savi announced that new predictive and prescriptive analytics-based scenarios have been added to Savi Insight to uncover previously undetected operational and supply chain patterns.

These capabilities empower organizations to measure and monitor Key Performance Indicators (KPIs), enhance operations with predictive analytics that spot opportunities and avoid problems and benefit from prescriptive analytics that recommend actions to improve future outcomes. Savi Insight quantifies and forecasts risk, performance and efficiency, helping clients improve supply chain visibility, optimize operations and prevent loss of high-value assets.

Savi Insight is a SaaS analytics solution that captures data from sensors and other sources, correlates multiple variables including time, temperature and location and applies logic that turns data into actionable intelligence. Savi Insight is “tag agnostic,” and therefore able to ingest and correlate data from nearly any source, whether it’s weather, an RFID tag, barcode, ERP system or even Twitter.

Savi Insight not only transforms data into operational intelligence but also derives Key Risk Indicators (KRIs) that identify and benchmark against potentially harmful situations to mitigate risk. By tapping into existing data sources that many organizations are already collecting, Savi Insight delivers new intelligence from existing data without the need for human intervention.

“The rise in big data has contributed to an increased complexity in data analysis and fueled the growth and evolution of purpose-driven supply chain analytic solutions that use predictive technology to collect, organize and analyze data. These solutions must address the growing requirements of operational managers to get timely and precise information and operationalize and deliver actionable intelligence for global organizations,” said Ann Grackin at ChainLink. “Savi Insight’s pre-packaged scenarios bring organizations the predictive and prescriptive analytics required to harness existing sensor data to drive operational efficiency and strategic actions for measured impact against KRIs and KPIs. These capabilities are the cornerstone of a growing market trend in supply chain and global industrial applications.

“Savi Insight allows our clients to quickly measure, assess and predict performance based on their own data and to rapidly benefit from a growing list of pre-packaged scenarios that address their top business challenges,” said Bill Clark, president and CEO of Savi. “We are now working with nearly 600 commercial clients to answer questions such as how well assets are being utilized, how to optimize fleet performance, when goods will arrive and the safest (or riskiest) routes. The answers to these questions provide operational intelligence that increase supply chain confidence, decreases risk and improves operational efficiency.”