Grid Dynamics and Dataiku Release New Inventory Allocation Optimization Solution, Providing Enterprise Clients Accelerated Global Inventory Optimization Capabilities

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  Grid Dynamics is providing a brand new Inventory Allocation Optimization Solution powered by Dataiku to assist international corporations reply to ongoing provide chain challenges and disruptions, enhance operational effectivity, and scale back prices.

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  The Inventory Allocation Optimization Solution expands the suite of pre-packaged accelerators supplied by Grid Dynamics within the space of provide chain and stock administration and analytics.

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  The launch of the Inventory Allocation Optimization Solution is a part of Grid Dynamics’ ongoing collaboration with Dataiku, one of many world’s main AI and machine studying platforms, and additional strengthens the cooperation between the 2 corporations.
  
   

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a pacesetter in enterprise-level digital transformation companies and options, introduced at this time its new Inventory Allocation Optimization Solution. This new resolution, developed collectively by Grid Dynamics and Dataiku, helps corporations to quickly set up stock optimization capabilities and shortly develop analytics-driven provide chain optimization processes inside the Dataiku platform.

 

Grid Dynamics and Dataiku Release New Inventory Allocation Optimization Solution

Grid Dynamics’ Inventory Allocation Optimization Solution is the newest addition to the corporate’s rising suite of pre-packaged accelerators that assist purchasers shortly and simply leverage superior applied sciences like AI and Machine Learning (ML). The accelerators ship important enterprise advantages, equivalent to allocating stock to satisfy demand; managing multi-region, multi-market, and multi-carrier environments; stopping order splits; and gaining deep insights into optimization outcomes.

 

“Supply chain resilience and efficiency are among the top priorities for most companies over the last few years. This new solution helps the users of Dataiku’s end-to-end AI platform to establish advanced inventory optimization capabilities without major investments into heavy-weight planning products,” mentioned Ilya Katsov, Vice President of Technology for Grid Dynamics. “These capabilities both help to avoid losses associated with inventory misallocation and improve customer experience.”

 

In the wake of COVID, corporations managing intricate provide chains should frequently optimize their stock allocation in response to quickly altering demand patterns. This resolution, powered by Dataiku, allows Supply Chain Managers and their analytics groups to shortly harness machine studying to sort out the advanced problem of stock optimization and incorporate analytics all through their provide chain processes.

 

“The new Inventory Allocation Optimization Solution is a significant advancement in providing customers with comprehensive, ready-to-use capabilities for supply chain analytics and optimization,” mentioned Sophie Dionnet, GM, Business Solutions for Dataiku.“The combination of Grid Dynamics’ supply chain expertise and Dataiku’s Everyday AI platform empowers companies to make data-driven decisions, ensuring they have the right inventory at the right place and time, ultimately resulting in improved efficiency, reduced costs, and enhanced customer satisfaction.”

 

Visit this page to study extra about Grid Dynamics’ Inventory Allocation Optimization Solution.

 

About Dataiku

Dataiku is the platform for Everyday AI, enabling knowledge specialists and area specialists to work collectively to construct AI into their day by day operations. Together, they design, develop and deploy new AI capabilities, in any respect scales and in all industries. Organizations that use Dataiku allow their folks to be extraordinary, creating the AI that may energy their firm into the longer term.

 

Founded in 2013, Dataiku has confirmed its skill to proceed to develop its founding imaginative and prescient for Everyday AI, and to execute on its development. With greater than 500 clients and greater than 1,000 workers, Dataiku is pleased with its speedy development and 95% retention of Forbes Global 2000 clients. Connect with Dataiku on their blog, Twitter (@dataiku), and on LinkedIn.

 

About Grid Dynamics

Grid Dynamics (Nasdaq: GDYN) is a digital-native expertise companies supplier that accelerates development and bolsters aggressive benefit for Fortune 1000 corporations. Grid Dynamics offers digital transformation consulting and implementation companies in omnichannel customer experience, big data, analytics, search, artificial intelligence, cloud & DevOps, and application modernization. Grid Dynamics achieves excessive speed-to-market, high quality, and effectivity through the use of expertise accelerators, an agile supply tradition, and its pool of world engineering expertise. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with workplaces throughout the US, Mexico, UK, Europe, and India.

 

To study extra about Grid Dynamics, please go to www.griddynamics.com. Follow us on Facebook, Twitter, and LinkedIn.

 

Forward-Looking Statements

This communication incorporates “forward-looking statements” inside the that means of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that aren’t historic info, and contain dangers and uncertainties that might trigger precise outcomes of Grid Dynamics to vary materially from these anticipated and projected. These forward-looking statements will be recognized by way of forward-looking terminology, together with the phrases “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in every case, their unfavorable or different variations or comparable terminology. These forward-looking statements embrace, with out limitation, quotations of administration and statements relating to product capabilities, and the advantages of our affiliations with Dataiku.

 

These forward-looking statements contain important dangers and uncertainties that might trigger the precise outcomes to vary materially from the anticipated outcomes. Most of those components are exterior Grid Dynamics’ management and are troublesome to foretell. Factors that will trigger such variations embrace, however aren’t restricted to, any components limiting product capabilities and the advantages of our affiliations with Dataiku; and different dangers and uncertainties indicated in Grid Dynamics’ filings with the SEC.

 

Grid Dynamics cautions that the foregoing listing of things will not be unique. Grid Dynamics cautions readers to not place undue reliance upon any forward-looking statements, which converse solely as of the date made. Grid Dynamics doesn’t undertake or settle for any obligation or endeavor to launch publicly any updates or revisions to any forward-looking statements to replicate any change in its expectations or any change in occasions, circumstances or circumstances on which any such assertion relies. Further details about components that might materially have an effect on Grid Dynamics, together with its outcomes of operations and monetary situation, is about forth beneath the “Risk Factors” part of the Company’s quarterly report on Form Form 10-Ok filed February 28, 2023 and in different periodic filings Grid Dynamics makes with the SEC.