Business software provider Infor has rebranded its GT Nexus supply chain network as Infor Nexus, the company said earlier this month.
Infor Nexus combines artificial intelligence (AI), the Internet of Things (IoT) and advanced visualization through an end-to-end collaborative network, which the company says provides real-time visibility and predictive intelligence across the supply chain.
The digital network connects companies' enterprise systems, network partners and IoT devices in a single-instance, multi-enterprise business network platform to deliver "a single version of the truth to all parties," the company said. By connecting to the network, companies digitalize their end-to-end supply chain processes, gain real-time visibility of all supply chain events, and take advantage of data-driven insights across internal systems and their entire network, the company also said.
New York-based Infor purchased GT Nexus in 2015, expanding the company's role as a provider cloud-based commerce solutions.
"The new Infor Nexus brand culminates the past three years we've spent transforming GT Nexus—leveraging digital technologies such as IoT, in-memory processing, mobile, advanced visualization and AI," Rod Johnson, Infor's executive vice president of manufacturing & supply chain said in a statement announcing the change. "Today, we're delivering a next-generation supply chain network that is real-time, intelligent and self-orchestrating. Our customers are empowered to optimize service levels, costs and inventory through a digital environment that is hyperconnected and data-driven, with a path to the autonomous supply chain."
The rebranding comes on the heels of the recent launch of Control Center, Infor's AI-based supply chain visibility platform that provides a high-fidelity, end-to-end picture of global supply chain flows, the company said. Combined with its Coleman AI capabilities, Control Center allows customers to predict potential issues, identify opportunities to act, and focus on situations projected to have the greatest impact on business, the company said.