iPoint BiS’ software provides innovative business analytics for improving sustainability performance
Submitted by: iPoint-systems gmbh
Posted: Jul 05, 2018 – 09:00 AM EST
• First EHS&S software solution to integrate graph technology to discover hidden data insights. • iPoint BiS provides end-users with access to global visibility of their EHS and Sustainability performance with the added benefit of actionable insights for improvements • Graph technology makes more complex data structures with connected data available to feed machine learning algorithms that understand patterns, which power future predictive analytics capabilities.
• First EHS&S software solution to integrate graph technology to discover hidden data insights.
• iPoint BiS provides end-users with access to global visibility of their EHS and Sustainability performance with the added benefit of actionable insights for improvements
• Graph technology makes more complex data structures with connected data available to feed machine learning algorithms that understand patterns, which power future predictive analytics capabilities.
STUTTGART, Germany, Jul. 05 /CSRwire/ - iPoint BiS, a new member of the iPoint Group, brings together experienced sustainability domain experts and a seasoned and established development team. This takes the iPoint Group yet another step towards its vision of creating a holistic sustainable operating system through a unified platform.
iPoint BiS’ application CiDER takes EHS and sustainability beyond reporting and organizational boundaries by providing complete transparency into organizational and supply chain relationships through automation in process and workflow management, turning sustainability information into a knowledge powerhouse for business performance improvements and decision support.
CiDER is the very first EHS & sustainability application to build upon graph database technology as a core component. Utilizing cutting-edge technologies like Neo4j and Event-sourced data management, it enables multi-layered inventory and visualization of multi-tiered supply chain relationships. CiDER focuses on usability and performance efficiency to deliver business analytics for decision support, thus providing another component and application for iPoint’s envisioned sustainable operating system.
Joerg Walden, CEO of the iPoint Group and founder of iPoint-systems said: “I’m very excited to welcome iPoint BiS and their pioneering solution CiDER to the iPoint Group. In our increasingly global market, organizations are demanding a more holistic, risk-based approach to EHS&S solutions. Software solutions are expected to grant users global visibility of their EHS and Sustainability performance with the added benefit of actionable insights for improvements. The value of data comes from the ability to understand it in relation to all data available and use it to predict trends and patterns. Isolated data offers only finite value and limited insight, but when connected, actionable, in-depth insight can be achieved. This is where iPoint BiS’ new tool comes into play, and we look forward to CiDER evolving into an integrated application on iPoint’s universal compliance and sustainability platform SustainHub through its maturation cycles.”
CiDER leverages the native capabilities of the graph database to create intuitive organizational data models using relationships between data elements, making it possible to naturally describe and reflect how an organization or business really operates by being able to find the relational connections between objects and data.
Aashish Nohria, Director of Product Management at iPoint BiS, emphasized: “With an aim to become a part of the unified platform vision of the iPoint Group, CiDER has been built from the ground up on an API foundation. Graph database allows CiDER to explore more complex data structures with connected data, to feed machine learning algorithms that understand patterns, which will power the future predictive analytics capabilities of CiDER.”
Watch CiDER in action here: https://ipoint.typeform.com/to/Vm41Pd
iPoint is a leading provider of software and consulting for environmental and social product compliance, and sustainability. More than 50,000 companies around the globe rely on iPoint for managing, tracking, analyzing, and reporting data across the whole value creation network. iPoint’s software and consulting services support companies in meeting and staying one step ahead of regulations and requirements such as REACH, RoHS, WEEE, ELV, EHS, Conflict Minerals- and Modern Slavery-related laws, as well as other trending developments and challenges governing product, supply chain, and enterprise stewardship. iPoint’s holistic, circular perspective envisages a continuous, digital system lifecycle management process that supports not only compliance with the law, but also the sustainability of products, value chains, and brands. Since its founding in 2001, iPoint has been constantly expanding the iPoint Group and its solutions portfolio to realize its vision of building an integrated digital platform for the Circular Economy and a holistic sustainable operating system. Further information: www.ipoint-systems.com
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