e-Commerce Platform in the Cloud
One of world’s leading semi-conductor brokerage and distribution companies experienced numerous challenges when it attempted to respond to the market faster and establish a customer-vendor e-market. PREDICTif was able to deliver a number of machine learning and artificial intelligence-based solutions for them by leveraging AWS’ machine learning and artificial intelligence technology, enabling the customer to reduce lead time by over 68%, inventory by 23%, and substantially increase the gross profit.
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The customer needed more agility from its IT infrastructure to optimize its operations and stay ahead of its competitors:
- Establish an e-Commerce platform to enable its customers to send requirements and receive quotes in a self-service and automated manner.
- Automate the end-to-end fulfillment process to reduce time from order to delivery.
- Expand its Artificial Intelligence and Machine Learning (AI/ML) capabilities to reduce guess work by global sales team and propose new leads and upsell/crossproduct sales opportunities.
- Enable its data science team to experiment and research on new models in trusted and secure environment – isolating work from the global user base.
- Reduce the capital investment in IT infrastructure, direct focus on innovation and business solutions.
Amazon Web Services (AWS)
Amazon Elastic Compute Cloud (EC2)
Amazon Relational Database Service (RDS)
- Implemented an eCommerce platform by leveraging AWS services encompassing EC2, Lambda and RDS services, as well as Elastic Search and MongoDB (for unstructured data).
- Completed a new data warehouse with Redshift for sales and finance information that allows users to drill down to transaction level detail and resolve data integrity issues.
- Delivered AI/ML forecast models using Sagemaker and DynamoDB.
- Ingested 35 years worth of historical data and the corresponding economic and industry data and rendered a comprehensive analytics dashboard that shows trends and hot leads in real time.
- Utilized AWS’ DevOps services to streamline app development process and accelerate project timeline, enhancing the quality of the delivered solutions.
Self-service capabilities empowering customers and vendors and reducing order fulfilling time