Last checked at 24 May 2023 07:00
24 May 2023
Windward Ltd.
("Windward", "the Company")
Launch of Shipments Analytics Dashboard
Windward (LON: WNWD), a leader in maritime predictive intelligence, is pleased to announce the launch of its Shipment Analytics Dashboard. The new dashboard, now available as part of Windward's Ocean Freight Visibility (OFV) solution, showcases statistics and analytics about customer shipment and carrier performance to provide them with a holistic assessment of past and current shipments, with additional insights creating a feedback loop between shipment execution and freight procurement to help improve and optimise business decisions.
Lack of data and visibility is a large contributor to supply chain challenges and delays, not only between entities but also within individual organisations, causing reduced efficiency, increased operational costs, inaccurate forecasting, and poor customer experience.
Windward's Shipment Analytics Dashboard, provides businesses with individualised analytics on past and current shipments including Port of Discharge (POD), changes per carrier, carrier delays, ETA (estimated time of arrival) changes, number of transshipped containers, and active shipments at risk of delay.
Windward's unique data sets and Maritime AI insights are constantly being used by customers who build their own dashboards using Windward's API Insights Lab. The insights are integrated directly into customer workflows via API to support business decisions across departments ranging from procurement, operations, negotiations, inventory management, customer success, and more. Windward's Maritime AI insights, powered by billions of data points and advanced behavioural models enable better business processes, thus increasing efficiency and ROI.
Last week, the leading analyst firm, Gartner, has evaluated a new category: Real-Time Transportation Visibility Platforms. Reflecting Windward's continued innovation within the maritime space, Gartner has recognised Windward as a notable vendor in this category its recent inaugural report, "International Visibility Business Process Context"1.
Ami Daniel, CEO and Co-Founder of Windward, said:
"Data is a vital element of any decision-making process, but when implemented directly into the various workflows across departments, it has the power to drastically improve efficiency and processes for the entire organisation.
Windward's mission is to empower supply chain stakeholders to make informed decisions in order to increase efficiency and decrease costs of their shipping operations. Our new Shipping Analytics Dashboard is a valuable tool that allows them to easily deep dive into their own data and accomplish their goals. Gartner's new category for international transportation validates our total addressable market (TAM) and strategy and the recognition of Windward is a validation of our product strategy and development."
Windward's Shipment Analytics Dashboard is an added capability to the company's Ocean Freight Visibility (OFV) solution which utilises data aggregated from more than 120 carriers, 1,400+ ports and terminals, 5,500 container vessels, sailing schedules, meteorological data, and location and AIS data. The solution provides accurate ETA predictions and real-time visibility into container and vessel journeys allowing users to better predict, plan, and proactively mitigate supply chain risks.
An example of the Shipment Analytics Dashboard:
1 Gartner: International Visibility Business Process Context: 'Magic Quadrant for Real-Time Transportation Visibility Platforms' (16 May 2023).
For more information, please contact:
Windward Ltd. | Via Alma PR |
Irit Singer, CMO | |
Canaccord Genuity (Nominated Adviser & Broker) | +44(0)20 7523 8000 |
Simon Bridges / Andrew Potts | |
Alma PR | +44(0)20 3405 0205 |
Caroline Forde / Kieran Breheny / Pippa Crabtree |
About Windward
Windward (LSE:WNWD), a publicly-traded company on the London Stock Exchange, is a leading Maritime AI company, enabling organizations to achieve business and operational readiness. Windward's AI-powered solution allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real-time, predictive intelligence-driven decisions, providing a 360° view of the maritime ecosystem and its broader impact on safety, security, finance, and business. For more information visit: https://windward.ai/.