Pigment, the enterprise planning platform, at present introduced a sequence of product updates designed to raise how corporations together with Unilever, DeepL, Europcar, and Merck Prescribed drugs perform strategic planning.
Up to now 12 months, Pigment has launched greater than 150 new options, together with native AI experiences, seamless integrations with enterprise tech-stacks, utility testing to make sure safe modeling modifications and customisable planning templates. These updates additional set up Pigment as a cross-functional platform, and enhance usability and efficiency to allow actually built-in planning at scale.
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“As companies navigate rising complexity and alter the necessity for actually built-in planning has by no means been extra vital. At Pigment, we’re dedicated to delivering on this by persevering with to develop our platform to new capabilities with embedded AI to make planning extra accessible,” stated Romain Niccoli, co-CEO and co-founder, Pigment. “This strategy permits groups throughout the enterprise to collaborate on a unified view of knowledge, enabling quicker, extra knowledgeable resolution making to allow them to swiftly adapt to altering circumstances.
Augmenting Pigment with AI
Pigment AI, developed in shut collaboration with clients, is generative AI built-in inside the Pigment platform. It lets customers simply work together with their knowledge utilizing pure, conversational language. This permits groups to contribute extra successfully to the planning course of, construct extra sturdy methods, and shortly adapt to market modifications. Greater than 90% of consumers who’ve used Pigment AI are utilizing it recurrently, reflecting the fast worth it’s bringing to day-to-day enterprise planning.
Expanded capabilities
As a real cross-functional platform, Pigment is already serving to organizations scale by connecting how completely different departments plan and function. Now, Pigment’s capabilities can help provide chain and ESG use circumstances, guaranteeing that enterprise groups can optimize and handle efficiency throughout extra priorities.
- Provide chain:
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- Utilizing real-time and historic knowledge, companies can create extra correct demand forecasts, stability provide and demand, and keep away from pricey points like wasted assets or overstocking. Pigment’s versatile modeling and situation planning means corporations can simply adapt to alter, together with evolving client traits, provide chain dangers, or market disruptions.
- Clients utilizing Pigment for Demand & Stock Planning or Gross sales & Operations Planning have already seen a 20% enchancment in forecast accuracy, a 30% discount in inventory ranges, and a 4% rise in total income.
- Environmental, Social, and Governance (ESG)
- As ESG and sustainability develop into prime priorities for companies – each for efficiency and regulatory compliance – organizations can now seamlessly report on ESG knowledge and handle efficiency by bringing collectively knowledge and groups from throughout the enterprise.
- In consequence, they will set clear ESG targets, monitor progress, alter plans as wanted, and simulate eventualities to not solely meet however exceed ESG objectives and make extra knowledgeable selections.
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New options enhancing effectivity and safety for enterprises
Pigment has launched a number of updates designed to enhance enterprise effectivity and safety, together with:
- Take a look at and deploy, which ensures groups can confidently make changes to fashions with out disrupting day-to-day operations
- Streamlined workflows and automatic duties, decreasing handbook undertaking administration
- Additional integrations with enterprise tech-stacks to enhance knowledge move and operational effectivity, together with a brand new native connector for SAP 4HANA, in addition to connectors for ETL suppliers, similar to MuleSoft
- Audit Logs APIs to strengthen safety and management
- Excel add-in enhancements to facilitate the combination of knowledge from the favored enterprise utility
Trying forward
Pigment will proceed enhancing its platform, with a deal with delivering extra correct, accessible and environment friendly planning at scale. Additional developments will deal with increasing AI capabilities by means of machine studying for statistical forecasting and assisted modeling, together with introducing new, intuitive reporting visualizations. Extra integrations, capabilities for particular capabilities, and strengthened safety controls will be sure that even the world’s largest and most complicated enterprises can construct sturdy plans to drive their enterprise ahead.
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