Boardwalktech Launches Machine Learning Module at NRF 2019
Jan 18, 2019CUPERTINO, CA: (TSXV:BWLK) - Boardwalktech Software Corp. (Boardwalktech) announces the launch of a new Machine Learning (ML) module for its Boardwalk Blockchain Digital Ledger Platform at the National Retail Federation (NRF) 2019 show being held January 13-15 at the Javits Center in New York City.
This new Boardwalk Machine Learning (ML) module is available now for existing and new customers. Today's announcement further extends the Boardwalk Blockchain Digital Ledger Platform, providing industry leading technology supporting companies in their transformation towards a 100% Digital Enterprise.
The new Boardwalk Machine Learning (ML) module offers both transaction chain intelligence and neural network capabilities to analyze changes to each value over time, enabling the ability to forecast and identify outliers and risk factors. One of our supply chain customers used the Boardwalk ML module and initial results showed improved forecast accuracy by over 25% and was able to predict late finished goods delivery 60 days in advance, with over 90% accuracy, reducing stock-outs and improving financial results.
While other blockchain platforms use a ledger merely to record transactions, the Boardwalk Blockchain Digital Ledger Platform becomes a transformative database that captures all changes at the individual value level. This complete, detailed transaction chain database builds trust and integrity while allowing for concurrent editing of data by multiple parties. Applying machine learning within a digital ledger at this level of granularity provides better predictive informational results leading to more rapid decisions, increased efficiencies, higher sales and increased margins.
Companies in all industries continue to focus their transformation efforts toward achieving 100% digital enablement for all their critical processes across the extended enterprise, said Andrew T. Duncan, President and CEO of Boardwalktech Software Corp. With Boardwalktech's new and unique Machine Learning capability, our customers are now able to better identify and manage risk factors, predict events, and react faster which ultimately leads to improved revenue and margins for the business.
Boardwalktech will be demonstrating its new Boardwalk Machine Learning module and its Boardwalk Blockchain Digital Ledger Platform at Booth # 4644 on Level 3 of the Javits Center at NRF, or by appointment via the contact information below. (PRN)
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