with Stephen DeAngelis
Thursday August 2, 2018
St. Regis Singapore, 29 Tanglin Road, Singapore
You are invited to join TTI Vanguard and Enterra Solutions for an in-depth conversation on the rise of the Intelligent Enterprise with a focus on Supply Chain Optimization.
Cognitive Computing, defined by Enterra as Artificial Intelligence in the form of Semantic Reasoning + Sophisticated Mathematics, addresses complex, multi-faceted problems by creating an autonomous decision sciences platform that enables game changing applications. The Cognitive Computing Consortium simply states, “cognitive computing makes a new class of problems computable.” What desktop computing did to financial spreadsheets will pale in comparison to the application of autonomous computing and the impact this will have on our business and personal lives.
Across a number of industries, autonomous insights and actions, generated by advanced Cognitive Computing solutions, are transforming the ways that businesses operate and approach the marketplace. The impact of these innovative technologies is enormous and is now beginning to be realized.
Global 1000 consumer products companies spend 15-20% of revenue on trade promotion, which is approximately 50% of their sales and marketing budget. Supply chain operations add billions to these expenditures. These are the largest expense items for a company outside of Cost of Goods Sold (COGS) and Human Resources. In today’s data rich environment, companies are racing to employ advanced analytics as the mechanism to drive sustainable competitive advantage, the same way that they used Lean manufacturing and Six Sigma quality capabilities to separate themselves from the competition.
New advances in cognitive computing over the past several years make it possible to understand the driving factors behind consumer behavior, optimize sales and marketing activities as well as global supply chain operations. By combining advances in computational intelligence, data science and semantic reasoning, a number of leading companies are already realizing these returns along the value chain in the form of hyper-personalized consumer insights, to sales and marketing strategies and optimized supply chain planning and inventory optimization.
Stephen DeAngelis is a technology and manufacturing sector entrepreneur and patent holder with over 25 years of experience helping to pioneer the application of cognitive computing technologies and applied mathematics to commercial industries and governmental agencies. As President & CEO of Enterra Solutions, LLC, he developed a cognitive computing platform, the Enterra Enterprise Cognitive System™, providing clients with advanced analytics and actionable insights. He is also CEO of Massive Dynamics, LLC, which provides cutting edge computational intelligence solutions. Stephen is currently the Visiting Professional Executive in Cognitive Reasoning Platforms in the Department of Chemistry at Princeton University and was formerly a Visiting Scientist at the Software Engineering Institute at Carnegie Mellon University and at the Mathematical and Computational Sciences Directorate at Oak Ridge National Laboratory.