ToolsGroup Acquires Evo for Industry-Leading Responsive AI
–News Direct–
ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo, a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization. The integration of Evos responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough solutions will offer customers the most efficient, real-time supply chain and price optimization solution available.
The acquisition of Evo brings together two companies with complementary products, values, visions, and customers, said ToolsGroup CEO, Inna Kuznetsova. ToolsGroup is a leader in Dynamic Planning, and the addition of Evo extends that lead with dynamic price optimization. The Evo capabilities in non-linear opti...