|By PR Newswire||
|April 4, 2014 12:42 PM EDT||
SAN FRANCISCO, April 4, 2014 /PRNewswire-iReach/ -- Precogs, a provider of optimization solutions for the electronic manufacturing supply chain, today announced its participation in the DEMO Enterprise 2014 conference being held April 3 at the Mission Bay Conference Center in San Francisco. The CogWatch solution will be featured in the SAP® Startup Focus Pavilion at the conference. Precogs has also been invited to participate in a private breakfast session with the DEMO CIO Council, an exclusive community of enterprise CIOs who engage with emerging technology companies before, during and after they launch. In the session, Precogs is one of 20 startups that have been selected to present their solutions and receive strategic feedback from the council. The session is a unique opportunity for Precogs to connect with the buyer side of the enterprise computing industry and to receive feedback from the DEMO CIO Council on the company's venture and product development strategies.
Precogs has built a solution that leverages the SAP HANA® platform for real-time global component pricing analysis, while also uncovering the disruptions from supply-chain stock fluctuations of individual components. The CogWatch predictive analytics solution being presented by Precogs is based on 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. The Precogs algorithms, leveraging SAP HANA, enable real-time data processing that helps electronic manufacturers anticipate supply disruptions, so they can act on potential problems faster.
SAP HANA enables businesses to make smarter, faster decisions through real-time analysis and reporting combined with dramatically accelerated business processes.
"We are excited to be included in such a phenomenal program," said Adrien Sandrini, CEO of Precogs. "It is clear that big data solutions, now and in the future, will have a substantial impact on all industries, including manufacturing. And we are proud to be included in that journey."
Precogs is participating in the SAP Startup Focus program, which supports startups in developing new applications on the SAP HANA platform. SAP HANA streamlines analytics, planning and predictive and sentiment assessments to allow business to operate in real time. The SAP Startup Focus program is an accelerator for big data, predictive and real-time analytics startups. More than 1,000 startups are participating in the program to date that have developed distinct SAP HANA-based use cases from gaming to retail to finance and manufacturing.
Precogs is a business analytics company offering visibility on the risk of adverse events in the electronic manufacturing supply chain. Precogs' solutions improve and fortify a company's supply chain through prescriptive data analytics that promote user proactivity by identifying supply & demand imbalances, and discrepancies in component pricing. Precogs' solutions running on the SAP HANA® platform empower real-time data processing to classify component supply disruptions. For more information, please visit: www.precogs.com
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Media Contact: Lamar Williams, Precogs, +33 1 84 16 09 86, [email protected]
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