|By Business Wire||
|April 22, 2014 01:30 PM EDT||
According to recent data from computer network EPCglobal, perishable suppliers ship more than five billion pallets of temperature-sensitive produce, pharmaceutical and bio-medical products valued at $2.6 trillion per year. This cold chain transportation marketplace is fragmented with information systems and solutions for tracking and monitoring perishable goods, none of which work together fluidly. As a result, transportation providers have difficulty fulfilling delivery requirements, and suppliers aren’t able to track their shipments with the level of detail they need to ensure their shipments arrive intact and in compliance with handling standards. Annually, $35 billion worth of cold chain goods are discarded due to temperature loss and other compliance intrusions during the supply chain journey.
Leading technology companies Catena and Cognitect have partnered to solve this problem. Cognitect’s Datomic database provides cloud-readiness to deal with Catena's global scale and built-in tracking of historical information, making it easy to track goods through the entire cold chain cycle.
An increased pressure by the U.S. and E.U. to establish global regulations – especially around pharmaceutical and perishable food transportation – have established a gap in expectations of transparency. Catena, in partnership with Cognitect, will address this gap by applying functional programming techniques and data visualization methods to create a platform that unifies transportation data and empowers shipping companies to make smart, real-time decisions about their supply chain management.
“We realized that the scale of these cold chain visibility challenges would take more than traditional thinking and old-school technology solutions, which is why we selected Cognitect as our technology partner,” said Alberto Marzan, Founder and CEO of Catena Inc.
"Companies like Catena choose Cognitect and our Datomic database because they need a database that can scale like NoSQL but provide the query capabilities of SQL," said Justin Gehtland, CEO of Cognitect. “Datomic provides that in a fast, simple to manage platform whose collection of built-in features likewise can simplify their application architecture."
About Catena Inc.
Catena Inc. enables intelligent business decisions by delivering a unified view of logistics data through integrated technology. Catena brings a diverse set of business, technology, M2M (machine-to-machine) and design experts to the problems facing the cold chain transportation market. Its cloud-based software solution radically transforms and optimizes the way cold chain transportation logistics are managed, analyzed, and delivered by providing a single unified view for approved parties involved in cold chain logistics. For more information, visit www.catenainc.com.
About Cognitect, Inc.
Cognitect, Inc. builds simple tools to solve complex information problems. The Cognitect team, developers of Datomic, believe that modern distributed systems are outpacing traditional software paradigms - especially when adopting cloud hosting and management. Leveraging the power of immutability, concurrent processing, and true distributed design, Cognitect offers expert consulting as well as ground-breaking technology products to revolutionize the way businesses think about and harness data. For more information, visit www.cognitect.com.