An article by Nari Viswanathan, Vice President of Product Management for River Logic, was recently featured on Supply Chain Management Review. In this article, Nari discusses the fact that Supply Chain in particular has been slow to adopt advanced analytics capabilities, mainly due to their apprehensiveness around replacing existing systems. However, Nari makes the argument that, given recent advancements in technology, data and more, it's now easier than ever for Supply Chain leaders to embrace the change that their companies are so greatly need. Below is a blurb from Nari's article. The full article can be accessed on Supply Chain Management Review.Read More
Over the last year, here at River Logic we have had the opportunity to make some pretty major waves in the Energy Industry — more specifically in the world Oil & Gas. Our internal knowledge of the space and the breadth of our solution delivery have both grown drastically. This is largely due to our relationship with our Energy partners, mentioned below. Given the nature of optimization-based prescriptive analytics, understanding how to apply this technology in a somewhat foreign industry can be a pretty big challenge. The truth is, optimization is complex — everything from understanding the best technology to use, to knowing what problems to tackle first, to ensuring your implementations will drive the fastest, and largest return.Read More
Every year in March, my wonderful City of Austin hosts South by Southwest (SXSW). In addition to fully taking over the entire city (in the best possible way), SXSW is an event that combines music, film, gaming and more with a series of conference sessions covering a broad spectrum of interests. As a Marketer, I mostly stuck to the "Branding and Marketing" track (hoping to post on those learnings soon). However, given that we at River Logic play in the innovative technology space, I did sneak some time in to catch a few sessions on the "Intelligent Future" track.Read More
We come across a lot of companies — of all sizes, across all different industries — that hear the word "prescriptive analytics" and run for the hills. I honestly can't blame them, given the misinformation that exists in the market space today around this topic. Even top-ranked analyst firms speak about the category as if it's something that only the most advanced companies can take advantage of and see value from. They see it as a crawl > walk > run approach, in which you first need to implement your BI, then your predictive, and only then can you think about implementing prescriptive.Read More
Describe your professional history?
“My professional history is around technology and software apps that are mission critical to the customers that I serve, and working w/ direct and channel partners to help end customers realize the value of those solutions. Learning. Learning about how businesses operate and how they can adjust to improve. Once I learn, I start to get very involved in those transformations, both with our internal team, our Partners and our Customers.”Read More
Ventana Research today announced the finalists of the 2017 Ventana Research Digital Innovation Awards. The Digital Innovation Awards recognize technology providers that have introduced noteworthy innovations in technology that advance business and IT. They showcase advances in the productivity and potential of business applications as well as technology that contributes significantly to improved efficiency, productivity and the performance of an organization.Read More
Thames Water is a British utility tasked with managing water and wastewater services to more than 15 million customers located in the catchment area of the Thames River. This includes Greater London and the cities of Oxford, Swindon and Crawley. The utility operates 350 sewage works, 32 sludge treatment centers and supplies nearly a billion gallons of drinking water daily.Read More
Back in 2016, Gartner produced its first research note on prescriptive analytics technology, the Forecast Snapshot of Prescriptive Analytics. Once again, River Logic was noted as one of the few major players that hold around 85% of the market share in the prescriptive technology space. The prescriptive analytics software market is set to reach $1.57 billion by 2021, with a 21% CAGR from 2016.Read More
On May 23rd at the Gartner Supply Chain Executive Conference, we gave a 45-minute presentation entitled "The Next Frontier: Prescriptive Analytics for the Non-Data Scientist," presented by Ray Cline, former Global Industry Lead at CGI Oil & Gas and Gene Carlino, our very own Director of Sales.
Although I was in our speaking session the entire time, we heard from a handful of attendees that our session had about four times as many attendees as the other three speaking sessions that took place during the same time slot (hooray!).