PROCUREMENT & SUPPLY CHAIN
Logility | July 04, 2022
On June 29, the EY organization announced a partnership between Logility, Inc., a supply chain and retail planning solutions supplier and Ernst & Young LLP (EY US) to assist organizations in implementing insights-driven supply chain management to boost their business outcomes.
The rapidly changing business environment has had a significant impact on supply chains. Organizations today face a variety of business challenges as a result of legacy supply chain systems. These range from a lack of visibility across the value chain to operational inefficiencies and delays, as well as hiccups in marketing, sales, and distribution.
The EY-Logility Alliance combines Logility's supply chain planning solutions with EY US's extensive experience in process management, program governance, change management, and delivery framework to help address these issues. Organizations will be able to improve their supply chain management as a result of this alliance, resulting in better business outcomes such as increased visibility of their supply chains, better demand forecasting, cost and process optimization, sales management, faster response to market dynamics, and improved strategic decision-making.
Logility has over 45 years of experience in supply chain and optimization services, with hundreds of successful implementations. Their Logility® Digital Supply Chain Platform uses AI, machine learning, and automation to provide clients with valuable business insights. Meanwhile, EY US has extensive experience in technology implementation and system integration, as well as tenured cross-functional supply chain leadership. They work together to create and support digital, sustainable supply chains.
"Organizations around the world are undergoing a digital revolution, leveraging the strength of technology to reimagine and optimize their operations. The EY-Logility Alliance is positioned to help customers reinvent their supply chains. The alliance brings customers a network of technology, harnessing AI, machine learning and automation with implementation support to help realize sustainable outcomes while going digital."
-Srini Muthusrinivasan, Supply Chain Technology Consulting Leader, Ernst & Young LLP.
Allan Dow, President of Logility, says:
We are very excited about this alliance. EY US shares our vision and our deep commitment to customer success. Our industry-leading digital supply chain platform, together with EY US capabilities, will help organizations drive innovation, increase competitiveness and solve business problems. In this way, the alliance will help companies succeed.
Siemens | June 30, 2022
Siemens, a leader in industrial automation and software, infrastructure, building technology and transportation, and NVIDIA, a pioneer in accelerated graphics and artificial intelligence (AI), today announced an expansion of their partnership to enable the industrial metaverse and increase use of AI-driven digital twin technology that will help bring industrial automation to a new level. As a first step in this collaboration, the companies plan to connect Siemens Xcelerator, the open digital business platform, and NVIDIA Omniverse™, a platform for 3D design and collaboration. This will enable an industrial metaverse with physics-based digital models from Siemens and real-time AI from NVIDIA in which companies make decisions faster and with increased confidence.
The addition of Omniverse to the open Siemens Xcelerator partner ecosystem will accelerate the use of digital twins that can deliver productivity and process improvements across the production and product lifecycles. Companies of all sizes will be able to employ digital twins with real-time performance data; create innovative industrial IoT solutions; leverage actionable insights from analytics at the edge or in the cloud; and tackle the engineering challenges of tomorrow by making visually rich, immersive simulations more accessible.
“Photorealistic, physics-based digital twins embedded in the industrial metaverse offer enormous potential to transform our economies and industries by providing a virtual world where people can interact and collaborate to solve real-world problems. Through this partnership, we will make the industrial metaverse a reality for companies of all sizes, For over a decade, our digital twin technology has been helping customers across all industries to boost their productivity and today offer the industry’s most comprehensive digital twin. When Siemens Xcelerator is connected to Omniverse, we will enable a real-time, immersive metaverse that connects hardware and software, from the edge to the cloud with rich data from Siemens’ software and solutions.”
-Roland Busch, President and Chief Executive Officer, Siemens AG.
Siemens and NVIDIA share a common vision that the industrial metaverse will drive digital transformation. This is just the first step in our joint effort to make this vision real for our customers and all parts of the global manufacturing industry, said Jensen Huang, founder and CEO, NVIDIA. The connection to Siemens Xcelerator will open NVIDIA’s Omniverse and AI ecosystem to a whole new world of industrial automation that is built using Siemens’ mechanical, electrical, software, IoT and edge solutions.
This partnership brings together complementary technologies and ecosystems to realize the industrial metaverse. Siemens is uniquely positioned at the intersections of the real and digital world, information technology and operational technology. The Siemens Xcelerator platform connects mechanical, electrical and software domains across the product and production processes and enables the convergence of IT and OT.
NVIDIA Omniverse is an AI-enabled, physically simulated and industrial-scale virtual-world engine that enables for the first time full-fidelity live digital twins. NVIDIA AI, used by more than 25,000 companies worldwide, is the world’s most popular AI platform and the intelligence engine of Omniverse in the cloud and autonomous systems at the edge. NVIDIA Omniverse and AI are ideal computation engines to represent the comprehensive digital twin from Siemens Xcelerator.
Since its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics and ignited the era of modern AI. NVIDIA is now a full-stack computing company with data-center-scale offerings that are reshaping industry. More information at https://nvidianews.nvidia.com/.
Siemens AG (Berlin and Munich)-
is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
MANUFACTURING TECHNOLOGY,DIGITAL TRANSFORMATION
NTT DATA | June 30, 2022
NTT DATA Italia, the Italian division of the IT services leader, announced a partnership with computer vision software leader Cogniac Corporation. Cogniac's visual data processing platform will enhance NTT DATA's smart factory capabilities in Italy.
Italy is a world leader in many manufacturing sectors, including machine tools, fashion, food products, automobiles, and pharmaceuticals, and is the second largest manufacturing country in Europe. As businesses improve their product manufacturing and distribution processes with integrated technologies that enable them to leverage business and engineering intelligence and analytics, the industry is rapidly transitioning to Smart Industry 4.0. With NTT DATA at the forefront of this transformation, Cogniac and NTT DATA have formed a strategic partnership that leverages Cogniac's low-code/no-code technology to create advanced vision inspection applications for manufacturers across the globe.
"An integral part of successfully deploying computer vision applications is the integration point that NTT DATA provides across the manufacturing sector. For NTT DATA customers, the combined value of NTT DATA and Cogniac can significantly improve and automate the quality control process,"
-said Chuck Myers, CEO of Cogniac.
We are positive that it will help NTT DATA Italia achieve its goal of Smart Industry 4.0 by increasing efficiency and adding value.
Cogniac's AI can identify any camera-captured production detail. Using Cogniac's intuitive interface, a business process expert can create computer vision applications to improve and automate manual processes. The platform marks a step toward industrial digitization and can be used in any industry.
The manufacturing industry is ripe for AI advancement. Gennaro Masullo, manufacturing manager at NTT DATA Italia, is excited to work with Cogniac to bring AI to the manufacturing industry. NTT DATA has put its distribution network at the service of Cogniac to help it reach its full potential because we value dialogue with innovative technology partners.