Logility has acquired Halo Business Intelligence, a supplier of advanced analytics for the supply chain market.
Logility is to combine its planning and optimisation portfolio with Halo’s advanced analytics with the aim of moving businesses away from “emotion-based projections to predictive and prescriptive analytics,” in order to increase visibility and accelerate decision-making across the entire supply chain network.
Halo’s advanced analytics will be embedded into the Logility Voyager Solutions advanced analytics platform.
“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.”
Keith Peterson, PhD, president and CEO, Halo Business Intelligence, said: “We are excited to join Logility and have the opportunity to broaden our market reach to deliver solutions that tangibly impact supply chain performance. “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.”