OpsVeda Announces Patent Award
Machine Self-Learning System to Automatically Measure and Predict Time Based Patterns in Supply Chains
By: OpsVeda, Inc.
OpsVeda's approach consists of a Process-Agnostic-
"Robotic Decision Automation will bring much needed simplicity in managing global supply chains. Given today's complex supply chains, managers need to factor in a lot of variables when they make decisions. Automating such decisions is the key to realizing opportunities and eliminating revenue and operating margin leakage in everyday business execution," said Sanjiv Gupta, CEO of OpsVeda. He added, "With our event driven approach, decision automation is much easier because it is easy to correlate the final business outcomes, the decisions, and the various parameters that potentially drove those decisions. This is possible because process agnostic data and measure stores effortlessly replicate the Digital Twin of business operations."
"Whether it is a manager looking for historical trends of business measures she is tracking or a machine trying to learn from human managers, PAMS provides an efficient way to store, retrieve and process today's massive supply chain data sets," said Dinesh Somani, VP – Technology and a co-inventor. "The flexibility of the underlying process agnostic architecture supports data from a diverse array of processes, automatically correlating them. This in turn allows consistent methods to access the data and estimate measures that presage actions. Machine learned action is a natural progression from there," Dinesh explained.
OpsVeda is a full-stack enterprise software company bringing to market a real-time operational decisions platform with patented data hub technology and AI. Focused on enterprise operations and supply chain, it's powerful insight-to-action solutions deliver predictive visibility and prescriptive automation towards opportunities, risks, and exceptions across the enterprise functions of order fulfillment, supply, manufacturing, logistics, inventory, assets, and channel / retail. OpsVeda customers span consumer-packaged goods, food and beverage, fashion and retail, pharmaceuticals, manufacturing, and high-tech industries.