Zebra acquires prescriptive analytics firm – DC Velocity

Acquisitions

Summary

Burlington, Mass.-based Profitect is a privately-held company that says it uses machine learning and prescriptive analytics to identify opportunities to boost sales and margin. "The acquisition of Profitect expands our relevancy deeper and wider in global retail operations while advancing our software capabilities to make our Enterprise Asset Intelligence vision even more accessible," Zebra CEO Anders Gustafsson said in a release. " The acquisition follows the release of a growing number of software platforms moving artificial intelligence (AI) from a theoretical concept to real-world applications in supply chain. IBM Corp. last week launched Business Transactional Intelligence (BTI), an AI-powered solution that offers anomaly detection and visualization capabilities for mitigating supply chain disruptions and accelerating data-driven decision making. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Zebra acquires prescriptive analytics firm">contact Chief Editor David Maloney.

Classifications

industries
HealthTech
applications
Accounting and Taxes

AskAI Classifications

Labels
Enterprise Software SaaS Data Streaming Platforms

Linked Companies

IBM
$1B+
LevaData
$10M to $25M