Date: Sep 30, 2014 Source: Company Data (
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ALEXANDRIA, VA (September 30, 2014) -- Savi®, a pioneer in sensor technology and sensor analytics solutions that create operational intelligence from the Internet of Things, today announced that its SaaS-based analytics solution, Savi Insight, has been recognized by Ventana Research for its innovations in operational intelligence. Savi Insight won the Excellence in Operational Intelligence award for its ability to process massive amounts of machine-to-machine (M2M) data and turn it into actionable, easy-to-grasp analytics that drive efficiency, increase productivity and create successful supply chain outcomes for commercial organizations.
Savi Insight's cloud-based sensor analytics create operational intelligence for clients from sensors and other machine-generated data in order to prevent supply chain disruptions, increase operational performance, and improve asset and cargo security. Its big data analytics and predictive modeling enable enhanced decision-making based on real-world data to empower organizations to protect and secure in-transit assets. Ventana Research recognized Savi Insight because of its easy-to-understand visualizations, ability to help establish and actively track key performance indicators (KPIs), and pre-built analytics scenarios which greatly accelerate time-to-value for clients. Savi currently protects more than $17.5 billion dollars in commercial goods annually and has seen rapid commercial growth over the last year.
"The exponential growth in big data poses a major challenge for global organizations of all sizes that seek innovative solutions to operationalize their data and gain actionable intelligence from it. Technology that can collect, organize, analyze and make sense of big data is a crucial business need," said Tony Cosentino, VP and Research Director at Ventana Research. "Savi Insight delivers actionable operational intelligence by tapping into existing data sources that many organizations are already collecting-- driving efficiencies, reducing supply chain risk and improving visibility.
"We are honored that Savi Insight has been recognized by Ventana for its ability to simplify the complexity of big data and bring actionable operational intelligence to commercial companies. We have seen significant interest from organizations looking to use their existing data to generate meaningful insight which resulted in triple digit growth in the last two quarters of this year," said Bill Clark, President & CEO of Savi. "The recognition from Ventana further validates the need for this solution among commercial businesses and foretells the continued growth we expect to see through the end of the year and into 2015."
