Logility Acquires Halo Business Intelligence to Expand Advanced Analytics
November 27 2017 - 9:00AM
Business Wire
Rapid Insights Driven by Artificial
Intelligence and Machine Learning Turn Data into Action
Logility, Inc., a leading provider of collaborative supply chain
optimization and advanced retail planning solutions, today
announced it has acquired privately-held Halo Business
Intelligence, a San Diego-based supplier of advanced analytics and
business intelligence solutions for the supply chain market.
Halo, a leader in data visualization and advanced analytics for
more than a decade, has developed innovative supply chain analytics
that transform data from disparate enterprise systems into
intelligent and actionable business information. As supply chains
transition towards a digital era driven by algorithmic planning and
machine learning, companies need a single, integrated platform to
simplify the growing complexity and abundance of both structured
and unstructured data available. Halo’s advanced analytics deliver
interactive visibility to help customers make quicker, smarter
fact-based decisions.
The combination of the Logility planning and optimization
portfolio including the award-winning Logility Voyager Solutions™,
Demand Solutions® and NGC Andromeda™ platforms, with Halo’s
advanced analytics capabilities will enable businesses to move away
from emotion-based projections to predictive and prescriptive
analytics to increase visibility and accelerate decision-making
across the entire supply chain network from raw materials sourcing
to omni-channel delivery.
Halo’s advanced analytics will be embedded into the Logility
Voyager Solutions advanced analytics platform. These enriched
analytics will leverage interactive visualization, machine learning
algorithms, and artificial intelligence (AI) to transform both
structured and unstructured data to accelerate business planning
performance and proactively identify new business opportunities or
mitigate risks. Customers on the Demand Solutions and Andromeda
platforms will be able to add pre-packaged Halo advanced analytics
capabilities to their subscriptions to drive quick insights and
appropriate actions for their businesses. In addition, Logility
will continue to offer Halo standalone to complement other
enterprise systems.
“Supply chains are powerful interconnected ecosystems that
contain enormous amounts of usable data that is left untapped by
most companies,” said Allan Dow, president, Logility. “Adding Halo
to Logility’s solution portfolio allows us to accelerate and extend
our advanced analytics and supply chain master data management
capabilities to generate actionable insights for our customers. The
combined expertise in analytics, artificial intelligence and
machine learning enhances our capability to visualize the right
information when and where our customers need to take action,
reduce costs, improve customer service and drive more profitable
growth for their businesses.”
“We are excited to join Logility and have the opportunity to
broaden our market reach to deliver solutions that tangibly impact
supply chain performance,” said Keith Peterson, Ph.D., president
and CEO, Halo Business Intelligence. “There are tremendous
synergies in our shared focus on planning innovation, visualization
and customer service. We now have the ability to tap into
Logility’s more than 40 years of supply chain optimization and
retail planning expertise to accelerate the delivery of Halo
advanced analytics technology to serve more customers.”
About Halo Business Intelligence
Halo is an advanced analytics software and advisory services
provider that offers customers an innovative blend of technology to
drive better supply chain performance. Halo’s advanced information
hub is a first-of-its-kind solution that helps companies leverage
all their corporate data to generate new insights. HaloBoost, the
company’s machine learning solution delivers a new way to approach
statistical forecasting and simulation analysis. Innovative
companies leverage the Halo platform to gain new insights, track
company performance and improve supply chain performance. Halo is
headquartered in San Diego, California, and can be reached via the
web at http://www.halobi.com.
About Logility
With more than 1,250 customers worldwide, Logility is a leading
provider of collaborative supply chain optimization and advanced
retail planning solutions that help small, medium, large, and
Fortune 500 companies realize substantial bottom-line results in
record time. Logility Voyager Solutions is a complete supply chain
management and retail optimization solution that features a
performance monitoring architecture and provides supply chain
visibility; demand, inventory and replenishment planning; Sales and
Operations Planning (S&OP); Integrated Business Planning (IBP);
supply and inventory optimization; manufacturing planning and
scheduling; retail merchandise planning and allocation; and
transportation planning and management. Logility customers include
Abercrombie & Fitch, Big Lots, Fender Musical Instruments,
Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is
a wholly owned subsidiary of American Software, Inc. (NASDAQ:
AMSWA), named one of the 100 Most Trustworthy Companies in America
by Forbes. For more information about Logility, call 800-762-5207
USA or visit http://www.logility.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number
of factors that could cause actual results to differ materially
from those anticipated by statements made herein. These factors
include, but are not limited to, continuing U.S. and global
economic uncertainty, the timing and degree of business recovery,
unpredictability and the irregular pattern of future revenues,
dependence on particular market segments or customers, competitive
pressures, delays, product liability and warranty claims and other
risks associated with new product development, undetected software
errors, market acceptance of Logility’s products, technological
complexity, the challenges and risks associated with integration of
acquired product lines, companies and services, as well as a number
of other risk factors that could affect the Company’s future
performance. For further information about risks the Company and
American Software could experience as well as other information,
please refer to American Software, Inc’s. current Form 10-K and
other reports and documents subsequently filed with the Securities
and Exchange Commission. For more information, contact: Vincent C.
Klinges, Chief Financial Officer, American Software, Inc., (404)
264-5477 or fax: (404) 237-8868.
Logility is a registered trademark and Logility Voyager
Solutions is a trademark of Logility, Inc.; Demand Solutions is a
registered trademark of Demand Management, Inc.; and Andromeda is a
trademark and NGC and New Generation Computing are registered
trademarks of New Generation Computing, Inc. Other products
mentioned in this document are registered, trademarked or service
marked by their respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20171127005243/en/
Logility, Inc.Vincent C. Klinges, 404-264-5477Chief Financial
Officer
American Software (NASDAQ:AMSWA)
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