US-based supply chain optimisation and advanced retail planning systems provider Logility has acquired advanced analytics and business intelligence solutions company Halo Business Intelligence.

The acquisition combines Logility’s planning and optimisation portfolio, including the Logility Voyager Solutions, Demand Solutions and NGC Andromeda platforms, with Halo’s advanced analytics capabilities.

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The combination is expected to provide businesses access to predictive and prescriptive analytics aimed at increasing visibility, as well as the speed of decision-making across the entire supply chain network.

Logility president Allan Dow said: “Adding Halo to Logility’s solution portfolio allows us to accelerate and extend our advanced analytics and supply chain master data management capabilities to generate actionable insights for our customers.

“There are tremendous synergies in our shared focus on planning innovation, visualisation and customer service.”

“The combined expertise in analytics, artificial intelligence and machine learning enhances our capability to visualise the right information when and where our customers need to take action, reduce costs, improve customer service and drive more profitable growth for their businesses.”

Halo is set to integrate its advanced analytics with the Logility Voyager Solutions advanced analytics platform.

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Leveraging interactive visualisation, machine learning algorithms and artificial intelligence (AI), the analytics will transform data to accelerate business planning performance and explore new business opportunities or mitigate risks.

Halo Business Intelligence president and CEO Keith Peterson said: “There are tremendous synergies in our shared focus on planning innovation, visualisation and customer service.

“We now have the ability to tap into Logility’s more than 40 years of supply chain optimisation and retail planning expertise to accelerate the delivery of Halo advanced analytics technology to serve more customers.”

Customers who subscribed the Demand Solutions and Andromeda platforms can now add Halo advanced analytics capabilities to drive quick insights and appropriate actions for their businesses.