“Precogs in the Top 50 Finalists at CODE_n14”

PARIS - Dec. 16, 2013 - PRLog -- Precogs, the predictive analytics experts is proud to announce their acceptance into the top 50 finalists for the Code_n14 contest. Code_n is the presentation and promotion of innovative startups and entrepreneurs in the fields of IT and digital business.

Precogs will be presenting its predictive analytic solution, CogWatch, which identifies the critical supply risks of electronic components in manufacturing, to anticipate supply chain disruptions and product overstock. CogWatch is built out of proprietary algorithms and machine learning activities, which work on production planning to forecast individual component supply risks, by anticipating supply and demand imbalances on the global electronic manufacturing market. It was built to provide electronic manufacturers with a solution that anticipates supply disruptions, so they can act on potential problems faster.

“We were overwhelmed by the exceptional quality of the applications we received. CODE_n will showcase what is already possible with big data – not just in terms of technology, but also in terms of ground-breaking applications and industry solutions.” Ulrich Dietz, initiator of CODE_n and CEO of the GFT Group

“We are excited to be included in such a phenomenal contest and event, which highlights innovative businesses and gives them a platform to be recognized for their solutions. We are looking forward to participating, and getting a chance to win the CODE_n final prize.” Adrien Sandrini, CEO

About Code of the New

CODE_n is an international initiative for digital pioneers, innovators, and groundbreaking startups. Initiated in 2011 by the GFT Group, the goal of this network is to support outstanding business talents and their exceptional business ideas, provide them with a platform for dialog, and therefore stimulate and accelerate innovation in the field. CODE_n stands for “Code of the Nez”, the DNA of innovation. Global partners are EY and CeBIT. This year, Code_n will bestow the third annual CODE_n Award under the motto: “Driving the Data Revolution”. The contest is looking for business models devoted to the intelligent efficient handling of large data volumes. For more information, please visit: www.code-n.org.

About Precogs

Precogs is a business analytics company, offering tailored supply-chain solutions for the electronics manufacturing industry. We empower companies with predictive analytic tools that foresee criticalities of supply & demand, increase end-to-end visibility over pricing for individual component parts, and thereby, provide a complete roadmap of supply challenges of individual component parts. For more information, please visit: www.precogs.com