IBM Launches Sterling Supply Chain Suite Powered By AI & Blockchain
IBM today announced a new integrated supply chain suite equipped with Watson AI and IBM Blockchain and available to developers, to help enterprises make their supply chains smarter, more effective and better able to make decisions to respond to challenges and opportunities in an age where globalization has made supplier networks more complex and fragile than ever.
Based on the market-leading framework of the Sterling B2B Network and Sterling Order Management, the latest IBM Sterling Supply Chain Suite helps manufacturers, suppliers, and other business types to incorporate critical data, business networks, and supply chain processes while capitalizing on the advantages of innovations such as Watson AI, IBM Blockchain, and the Internet of Things (IoT).
Such smart, self-correcting supply chains are designed to learn from experience, improving efficiency, transparency and security while creating new competitive advantages.
With this release, IBM offers a secure open platform with hybrid cloud support that enables companies to incorporate their own data and networks – and their suppliers and customers ' data and networks – with the Sterling Supply Chain Suite.
This versatility allows companies to upgrade and adapt their supply chain strategies to suit their unique business needs. The capabilities of open architecture were strengthened by the IBM’s recent acquisition of Red Hat, the world's leading provider of open-source enterprise solutions.
IBM believes that the global economy is becoming increasingly dependent on interactions between connected businesses that can access data troves from sources such as IoT, GPS tracking and continuous weather monitoring. The potential business value of the modern supply chain has never been higher in this data-rich environment.
The open, integrated platform of the IBM Sterling Supply Chain Suite easily links to the unique supplier ecosystem of each supply chain.
The trusted connectivity designed to scale, powered by IBM Blockchain, is one such innovation. The IBM Sterling Supply Chain Platform offers seamless, safe connectivity and collaboration with clients, partners and suppliers.
Companies can easily leverage the global multi-enterprise business network of IBM Sterling, a group of more than 800,000 pre-connected trading partners conducting 3 billion transactions a year.