Optilogic Announces the Acquisition of INSIGHT Software
Summary
The company was one of the first to deploy MIP solvers in daily and weekly planning applications and pioneered integrated transportation routing algorithms with network design. INSIGHT Co-founder and CEO Jeff Karrenbauer will continue to provide wisdom and guidance in the path forward. "We have the greatest respect for what the INSIGHT team has accomplished and delivered over many years; they changed the industry for the better—permanently," said Optilogic CEO Don Hicks. The Optilogic Cosmic Frog supply chain design solution is 100% SaaS-based for easy access and collaboration and uses hyperscaling technology to allow hundreds of models and scenarios to run in parallel, including automated sensitivity analysis at the click of a button. Optilogic offers cloud-native supply chain design solutions that enable businesses to evaluate trade-offs across financial performance, service levels, and systemic risk to design resilient supply chains even in the most dynamic, challenging environments.