IBM launched the IBM Sterling Supply Chain Suite, which is embedded with Watson AI, IBM Blockchain and open to developers.
The suite enables manufacturers, retailers and other businesses to integrate critical data, business networks and supply chain processes while capitalizing on the benefits of technologies like AI, blockchain and IOT. The goal is to help organizations make their supply chains smarter, more efficient and better able to make decisions to adjust to disruptions and opportunities.
Current IBM Sterling clients include Adidas, The Home Depot and Whirlpool Corp.
"Supply chains are now mission-critical systems for all businesses to drive success and profitability," said Bob Lord, IBM senior vice president, cognitive applications and developer ecosystems. "Many organizations have risen to the top of their industries by building efficient and agile supply chains. By modernizing supply chains on top of open, hybrid-cloud platforms and infusing Watson AI, IBM Blockchain and IoT into their networks, the IBM Sterling Supply Chain Suite can help companies across all industries enter a new era of global competitiveness.''
IBM sees a $50 billion market in technologies that will enable global businesses to digitally transform their supply chains.