Better Decisions with AI: The IT project house inovex and paretos, the leading platform for Decision Intelligence, have jointly released a Demand Forecasting App with AI functionality on the Snowflake Marketplace. Receive highly accurate forecasts with just one click and make better decisions.
Karlsruhe/Heidelberg, March 12, 2024 - IT service provider inovex and paretos, the leading platform for Decision Intelligence, have jointly launched the Demand Forecasting Application, a native app on Snowflake Marketplace with AI functionality. Snowflake customers can access the app to obtain leading and highly precise demand forecasts from the paretos AI with just one click, enabling them to make better decisions.
Paretos offers the leading AI-based Decision Intelligence platform in Germany for data-driven decision-making processes. The software is used wherever highly complex decisions with many variables need to be made, such as inventory management, supply chain optimization, or sales. With the help of the paretos AI platform, large volumes of data can be analyzed to enable companies to make optimal business decisions at any time and to automate them over time.
"We are proud to be pioneers with Europe’s first AI-based demand forecasting application on Snowflake Marketplace. Our mission to revolutionize the quality of forecasts with AI and at the same time provide an effortless user experience through seamless integration is realized in this app," says Fabian Rang, Co-Founder and CTO at paretos. "Thanks to the partnership with inovex, we have been able to move quickly and efficiently from idea to market launch. With the Snowflake platform, we are now making it even easier to connect data to paretos and helping companies make better decisions along the entire value and supply chain, strengthened by AI."
Snowflake’s platform supports all key data workloads for organizations. As a Snowflake partner, inovex helps companies in utilizing the Snowflake platform and provides consulting in the areas of Business Intelligence, Analytics, Machine Learning & Data Engineering, as well as Data Science involving Snowflake.
"The Snowflake Native App Framework is excellently suited for creating and distributing apps and offers companies a fast market launch," explains Dr. Robin Senge, Head of Machine Learning at inovex. "We are delighted that we could support paretos in developing their app with our comprehensive Snowflake expertise."
“We are encouraged by the AI-based Demand Forecasting application from paretos and inovex, which can be transformative for many businesses as they pursue high quality AI-based forecasts along the supply chain.” says Kieran Kennedy, Head of Marketplace, Snowflake. “As Snowflake continues to mobilize the world’s data, partners like the Heidelberg-based paretos give our customers greater flexibility around how they leverage their data to make better-informed decisions, while offering a seamless user experience and integration.”
ABOUT PARETOS
Paretos is the leading AI-based Decision Intelligence platform for data-driven decision-making processes.
It enables companies to quickly and reliably analyze complex data, generate optimized forecasts and decision suggestions, and derive actions – all thanks to a clear no-code user interface and simple integration solutions, even without prior data science knowledge. The vision: Everyone can make good decisions at any time.
Utilizing the latest machine learning methods, the Heidelberg-based start-up supports businesses in fully exploiting their business potentials.
ABOUT INOVEX
Around 500 IT experts comprehensively support companies in digitizing and making their core business more agile, as well as in realizing new digital use cases.
Our solution offering includes Application Development (Web Platforms, Mobile Apps, Edge & Embedded – from UI/UX Design to Backend Services), Data Management & Analytics (Business Intelligence, Big Data, Search, Data Science, Artificial Intelligence) and the development of scalable IT infrastructures (IT Engineering, Cloud Services), on which digital solutions are operated in DevOps mode. We modernize existing solutions (Replatforming), fortify systems against external attacks (Security), and share our knowledge through trainings and workshops (inovex Academy).
inovex is based in Karlsruhe, Cologne, Berlin, Munich, Hamburg, Stuttgart, Pforzheim, and Erlangen, and is involved in projects throughout Germany.
Would you like to know if paretos is the right solution for you? Feel free to schedule a non-binding consultation appointment.
Paretos is the leading AI-based Decision Intelligence software for optimized decision-making processes. With paretos, businesses can identify, plan, execute, and track business potentials through automated processes across the entire organization.
We are member of:
