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Logility Acquires Ai Forecasting Pioneer Garvis

Logility Acquires Ai Forecasting Pioneer Garvis

09/07/23, 12:37 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgberwyn
Industry
fintech
finance
financial services
supply chain management
logistics
machine learning
saas
machine learning
saas
artificial intelligence
software
Logility, Inc., a leader in prescriptive supply chain planning solutions, today announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup that combines large language models (ChatGPT) with AI-native demand forecasting. The combined organization will enable a new supply chain planning paradigm with DemandAI+ that moves beyond conventional methods to plan demand and inventory at the speed of the market.

Company Info

Company
Envestnet Inc.
Location
Berwyn, Pennsylvania, United States
Company info
Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence. By establishing the connections between people's daily financial decisions and long-term financial goals, Envestnet empowers them to make better sense of their finances and live an Intelligent Financial LifeTM. With more than $5.4 trillion in platform assets—more than 107,000 advisors, 16 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs, and thousands of companies, depend on Envestnet technology and services to help drive better outcomes for their businesses and for their clients. Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). For more information, please visit www.envestnet.com, and follow us on LinkedIn and X (@ENVintel).

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