Logility acquires supply chain analytics supplier Halo
Artificial intelligence tools will let users identify business opportunities and mitigate risks, firm says.
Logistics optimization firm Logility Inc. said Monday it had acquired supply chain analytics supplier Halo Business Intelligence, a move designed to help users apply predictive and prescriptive analytics to their omnichannel delivery processes and other supply chain management operations.
San Diego-based Halo provides data visualization and business intelligence (BI) tools for the supply chain market to support algorithmic planning and machine learning strategies.
Terms of the deal were not disclosed.
Atlanta-based Logility said it would embed Halo's analytics functionality into its Logility Voyager Solutions software platform, allowing customers to use artificial intelligence (AI) to proactively identify business opportunities and to mitigate risks. Logility will also offer Halo's tools to users of its Demand Solutions and NGC Andromeda platforms, as well as selling Halo's services on a standalone basis to complement other enterprise systems, the company said.
The deal is the second recent acquisition for Logility, which bought systems integrator AdapChain Inc. in 2016 in a move that Logility said would help it to link multiple software platforms and ensure that data flowed properly to support inventory movement.
Join the Discussion
After you comment, click Post. If you're not already logged in, you will be asked to log in or register.
Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Logility acquires supply chain analytics supplier Halo">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.