Savi Insight Recognized with 2015 IoT Evolution Product Of The Year Award

Savi Insight, Savi’s purpose-built analytics application that delivers actionable operational intelligence, has been recognized by TMC with the 2015 IoT Evolution Product of the Year Award.
 
Savi Insight was praised for its ability to harness the power of sensors and other machine-generated data to enable organizations to optimize operations and reduce risk throughout their supply chains. This is the second award Savi Insight has received since its release less than a year ago.
 
Savi Insight is able to gather and make sense of the vast amount of data generated by sensors and other machines, and combines that data with other information sources to identify opportunities for improvement throughout today’s complex, multi-modal, global supply chains. By applying algorithms to real-time and historical data, Savi Insight not only provides comprehensive supply chain visibility, but also delivers predictive and prescriptive analytics that avoid risk and bottlenecks in the first place.
 
“The significant decrease in the cost and size of sensors has enabled the sensorization of in-transit assets and goods, enabling companies to generate and gather vast amounts of real-time data such as location and state.As a result, we believe data generated from sensors will eclipse traditional data this year,” said Bill Clark, CEO of Savi. “In order to take advantage of this newfound treasure trove, companies must leverage big data and analytics applications like Savi Insight to translate that data into actionable information that empowers smarter decisions and positively impact to the bottom line.”
 
Savi Insight provides Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) that enable organizations to understand high-risk conditions and locations, optimize performance and accurately predict the estimated time of arrival (ETA) for assets and goods in motion. By delivering critical supply chain information through easy-to-understand visualizations, organizations are empowered to optimize their supply chains while reducing risk without the need for costly capital investments and infrastructure.
 
“Savi Insight addresses a set of real-world challenges in timeliness and ETA that have plagued companies for years, and the variety of sources from which it can pull and understand data has the potential to improve the commercial supply chain,” said Rich Tehrani, CEO, TMC.