RCS - Windward Ltd. - Launch of Shipments Analytics Dashboard

WindwardAnnouncement

24/05/2023 07:00

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RNS Number : 4238A  Windward Ltd.  24 May 2023

24 May 2023

Windward Ltd.

("Windward", "the Company")

Launch of Shipments Analytics Dashboard

Windward (https://windward.ai/) (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
(https://windward.ai/solutions/ocean-freight-visibility-ofv/) (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 (https://www.gartner.com/en) ,
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/.

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