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Resilinc Partners with Snowflake to Deliver AI-Powered Supply Chain Risk Monitoring … | Your Money

MILPITAS, Calif., Could 11, 2022 (GLOBE NEWSWIRE) — Resilinc, the world’s main provide chain threat monitoring and mapping answer, has partnered with Snowflake to offer organizations with close to real-time alerts for disruptive occasions that might influence their provide chain. Snowflake prospects are in a position to leverage Resilinc’s EventWatchAI, a 24/7 world occasion monitoring service that contextualizes and analyzes greater than 1.7 billion information feeds about potential and current provide chain disruptions from roughly 4.7 million sources in 108 languages, together with day by day information, authorities regulatory studies, and social media.

EventWatchAI is accessible instantly for provide chain groups to obtain EventWatchAI alerts of their Snowflake account through Snowflake Knowledge Market, enabling them to watch for and get forward of worldwide provide chain disruptions. Provide chain groups can accumulate and analyze Snowflake logs, in close to real-time, to watch for incidents and provide chain dangers.

“Based on Resilinc’s EventWatchAI knowledge , provide chain disruptions had been up 88% final yr. No provide chain is threat free, particularly in right now’s local weather of provide and labor shortages, pandemic-related lockdowns, and excessive climate occasions,” mentioned Sumit Vakil, CPO of Resilinc. “Being alerted in real-time a few manufacturing facility fireplace, a labor violation, or a hurricane in a selected location, offers organizations visibility into a possible disruption and time to find out the way to mitigate it. We’re happy to be partnering with Snowflake to make provide chain disruption monitoring accessible to extra organizations.”

“With Resilinc’s provider EventWatchAI knowledge now accessible in Snowflake Knowledge Market, Snowflake prospects can have close to real-time visibility to disruptions across the globe, enabling producers to attenuate, or keep away from, impacts to their upstream and downstream provide chains,” mentioned Tim Lengthy, World Head of Manufacturing at Snowflake.[4]

EventWatchAI screens tens of millions of stories and social feeds throughout 100+ international locations and languages. The AI removes the noise so your alerts are related and our workforce supplies well-researched, actionable insights. Advantages of EventWatchAI embrace:

Provide chain disruption monitoring throughout 45 occasion sorts Tailor-made notification preferences Digital WarRooms to verify provider influence Entry to “What If” situation playbooks for proactive planning

EventWatchAI,is now accessible on the Snowflake Knowledge Market.   

About Resilinc Resilinc was based with the aim to strengthen world provide chains, making them resilient, moral, clear, and safe. We do that through our technology-driven options which create an ecosystem the place organizations have unmatched visibility into their provide networks and may collaborate with their suppliers in a clear atmosphere.

Since our launch in 2010 Resilinc has outlined the provision chain mapping, monitoring, and resiliency house and is broadly thought-about the gold normal for provide chain resiliency, worldwide. With 95% of the worldwide provide chain mapped throughout the industries we serve, we’re the primary line of protection for our prospects, serving to them navigate provide disruptions. Our early- warning alert system screens and predicts potential disruptions throughout suppliers, websites, and supplies; our platform permits them to collaborate carefully with their suppliers; our historic data-backed insights give them choices on acceptable actions to take. All the time innovating, our AI-powered predictive options can predict supply delays, worth actions, and provide constraints for uncooked supplies and commodities earlier than they occur. Resilinc helps our prospects shield income and switch provide chain dangers into alternatives to achieve aggressive benefit. Study extra at www.resilinc.com.

Media Contact: Melissa Gieringer Director, Company Communications melissa.gieringer@resilinc.com p. 310-686-7773

Copyright 2022 GlobeNewswire, Inc.

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