Altana and Dataminr Partner to Revolutionize Supply Chain Monitoring with AI

Altana, a global leader in supply chain management, and Dataminr, a pioneer in artificial intelligence (AI) technology, have announced an exciting partnership that will transform how companies monitor their supply chains. By harnessing the power of AI, Altana and Dataminr will provide real-time alerts and dynamic maps that allow businesses to identify and address disruptions with unprecedented speed and efficiency.

Altana's groundbreaking Atlas, powered by AI, already offers valuable insights into the global supply chain. From raw materials to finished products, Altana Atlas provides a comprehensive view of dependencies and vulnerabilities. But now, with the integration of Dataminr's platform, Altana Atlas takes supply chain visibility to a whole new level.

Dataminr's AI technology scours billions of data points from public sources, including social media and news reports, to detect emerging events and risks. By incorporating Dataminr's real-time event summaries into Altana Atlas, companies gain instant access to critical information like earthquakes, extreme weather, and port strikes. These events are then contextualized and displayed on the dynamic map, allowing businesses to assess their impact and respond accordingly.

In his remarks at the company's Directions summit, Altana co-founder and CEO Evan Smith expressed his enthusiasm for the partnership, stating, "Nothing like this has ever existed. We're bringing together a dynamic map of the supply chain with real-time, earth-scale, contextualized, global events...and then we're showing you how they impact you." Smith's excitement is shared by Dataminr founder and CEO Ted Bailey, who describes the partnership as groundbreaking for proactive risk mitigation in the supply chain.

The global supply chain is a complex network that generates vast amounts of data, often in different formats and languages. Altana's AI-powered Atlas tackles this challenge by synthesizing raw data and presenting it in a standardized, comprehensive representation. From direct inputs to raw materials, Altana Atlas reveals the various tiers of a company's supply chain, offering insights and enabling better decision-making.

With Altana and Dataminr's partnership, businesses can now proactively mitigate risks and identify vulnerabilities within their supply chains. Whether it's goods made with forced labor or unexpected disruptions, Altana Atlas powered by Dataminr alerts equips businesses with the tools they need to navigate the complexities of today's global economy.

The phased rollout of the next-generation Altana Atlas will continue into Q1 2024, signaling a new era in supply chain management. As companies strive for resilience and agility, the power of AI and real-time insights will become essential tools for success.

Altana and Dataminr's partnership sets a new standard in supply chain monitoring, empowering businesses to stay one step ahead in an ever-evolving global landscape. The fusion of AI and dynamic mapping opens doors to unparalleled visibility and resilience. The future of supply chain management has arrived.