Intel aims to streamline supply chain logistics with new DWS lidar software

Intel Corp. today introduced DWS, a new software product that promises streamline the supply chain operations of companies such as retailers by automating the labor-intensive chore of measuring packages’ dimensions and volume.

Intel, best known for its chips, also has a presence in a few other markets. Among others, the company sells a line of enterprise-grade depth cameras under the RealSense brand that can be used for tasks such as equipping industrial robotics with computer vision capabilities. The new DWS software announced today works with the RealSense L515 (pictured), a lidar depth camera introduced last December that Intel touts as the world’s smallest high-resolution lidar camera.

Measuring packages is an important part of running a modern supply chain. Delivery companies need to accurately log items’ size and volume to determine how best to allocate cargo capacity in their trucks. An e-commerce company, meanwhile, can use volume measurements of merchandise in its warehouses as a metric for evaluating inventory availability. These types of measurements also play a role in billing.

The challenge is that packages’ dimensions and volume typically have to be logged manually, which creates inefficiencies for large logistics firms processing millions of items per year. Enter Intel’s DWS software. A warehouse operator or delivery company can pair DWS with a number of RealSense L515 lidar cameras, deploy the cameras in its facilities and automate the measurement process.

Intel says DWS takes less than two seconds to glean a package’s dimensions and volume. It’s accurate to the millimeter, according to the chipmaker, and can measure objects ranging from small boxes measuring a few inches across to full-sized pallets. The RealSense L515 cameras DWS uses to capture this data produce images by gathering up to 23 million so-called depth points per second within their field view.

Besides speeding up measurements, Intel

Supply chain software company E2open nearing SPAC IPO – Reuters (Pending:PCPL.U)

Reuters sources say E2open is nearing a deal to go public through a merger with CC Neuberger Principal Holdings I  (PCPL.U) at a more than $2.5B valuation, including debt.

The deal between the SPAC and Insight Partners-owned E2open could be announced as soon as tomorrow.

CC Neuberger I went public in April, raising $414M to buy a company in the finance, tech, or business services sectors.

E2open provides supply chain management software for a range of industries, including high-tech, consumer packaged goods, and pharmaceuticals.

Check out the latest IPO news.

Source Article

Exclusive: Supply chain software firm E2open nears deal to go public – sources

(Reuters) – U.S. supply chain management software firm E2open LLC is nearing a deal to go public through a merger with blank-check acquisition company CC Neuberger Principal Holdings I at a valuation of more than $2.5 billion, including debt, people familiar with the matter said on Tuesday.

An agreement could be announced as soon as Wednesday, the sources said, cautioning that talks could still falter. E2open is owned by private equity firm Insight Partners.

The sources requested anonymity because the matter is confidential. CC Neuberger declined to comment. E2open and Insight Partners did not immediately respond to requests for comment.

CC Neuberger I shares rose as much as 10.7% on the news but pared gains to close 3.2% higher at $10.53.

CC Neuberger I is a special purpose acquisition (SPAC), or shell, company that uses proceeds from an initial public offering to acquire a private company, which then becomes public as a result.

Merging with a SPAC has become a popular alternative to going public in a traditional initial public offering, as it involves less regulatory scrutiny and more certainty over the market valuation and funds raised.

So far this year, sports betting platform DraftKings Inc and electric commercial truck maker Nikola Corp have gone public by merging with a SPAC.

Insight Partners took E2open private in 2015 in a roughly $273 million deal. The Austin, Texas-based company sells software that allows companies to manage their supply chain.

E2open’s revenue is around five times what it was in 2015, one of the sources said. It stands to benefit as companies automate their supply chains further in the COVID-19 pandemic.

Led by veteran Wall Street dealmaker Chinh Chu’s investment firm, CC Neuberger I raised $414 million in an IPO in April with the aim of buying a company in the financial,

Alpega Partners with FourKites to Deliver Supply Chain Visibility in North America, Europe and Latin America

The global partnership enables Alpega customers to strengthen their connected supply chain ecosystems with predictive data

Alpega, a global provider of cloud-based transportation management systems (TMS), today announced it has partnered with FourKites, a global leader in real-time and predictive supply chain visibility for shippers, carriers and logistics service providers, as part of its strategic value-adding partner ecosystem.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005011/en/

The partnership delivers integrated real-time, in-transit freight tracking across all modes and serves Alpega customers of all industries and verticals, enabling improved visibility and reduced supply chain costs.

“Successful end-to-end supply chain planning and execution requires real-time visibility and dependable predictive ETAs,” said Matt Elenjickal, CEO at FourKites. “Our predictive visibility platform leverages machine learning and advanced analytics to provide supply chain professionals with the real-time data needed to make informed, trusted decisions, and to remain agile in the face of any circumstance.”

The partnership combines the modular, scalable transportation management solution, Alpega TMS, with FourKites’ global, multimodal real-time transportation visibility platform. With the largest integrated carrier-base, this integration gives Alpega customers enhanced live shipment tracking and visibility data directly linked to the transportation order in Alpega TMS, providing actionable insights to drive operational efficiencies across supply chain operations.

“Our strategy when it comes to partnerships, is to work with the best to complement our TMS product portfolio,” said Todd DeLaughter, CEO at Alpega Group. “Our partnership with FourKites will provide our customers globally with the critical transportation technology and valuable timely data they need to create a competitive advantage. We look forward to the opportunities this strategic relationship will provide our joint customer base.”

Alpega TMS brings transparency and efficiency to all trading partners across the supply chain through one shared data set and collaborative platform for managing

Supply Chain Management Software Market will Showcase Positive Impact during 2020-2024|Emergence of Supply Chain Visibility to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the supply chain management software market and it is poised to grow by USD 9.56 bn during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. BluJay Solutions Ltd., E2open LLC, Epicor Software Corp., Infor Inc., JDA Software Group Inc., Manhattan Associates Inc., Oracle Corp., SAP SE, The Descartes Systems Group Inc., and WiseTech Global Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Emergence of supply chain visibility has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments