Descartes Systems Group (NASDAQ: DSGX) (TSX: DSG), the world leader in the Union of Logistics Intensity in Trade, should present many technological innovations to its global software of commercial intelligence at Descartes’ Innovation Forum Event, which takes place in Washington, DC from 11 to 12 February 2025. Innovations following Descartes solutions helps companies in various industries to manage cross -border trade in goods, products and services more solidly and effectively in front of the ‘Expanding compliance requirements, geopolitical volatility and evolving commercial prices and barriers.
“The current environment of constantly evolving and complex commercial regulations is difficult to manage. Our solutions and commercial data help to simplify how the teams of our customers lead business while helping them to mitigate risks, “said Brian HodgsonManaging Director, Crade Intelligence at Descartes. “Our technological innovations focus on businesses to build more agile, intelligent and resilient supply chain networks that allow them to track the pace of frequent and complex pricing and regulatory changes, to guarantee better sources of supply and acquire high -quality competitive information. ”
Innovation and improvements in the intelligence of global trade in Descartes include:
- Compatible screening and classification of artificial intelligence (AI) to develop compliance operations. IA -centered screening for limited parties, sanctioned and refused in quarantine positive false positives and identifies when additional reasonable diligence is necessary. The classification of imports / exports directed by AI accelerates the search capacities of products in combination with other features such as cross regulations and the cost calculations landed. The two innovations help companies access and manage repetitive tasks more effectively without volume without overloading existing compliance resources or adding new employees.
- AI -based agent to accelerate complex intelligence requests for world trade. Converse in several languages with an AI -based agent to answer common questions; Quickly identify historical commercial models, emerging trends or specific data needs (for example, basic products, companies, products); And receive responses based on text and / or graphics. This helps users to define research more precisely, by ensuring that they extract the most relevant global commercial data and that they are presented effectively. It makes the content of global commercial data more accessible and usable, while minimizing the training time required to strengthen skills in the development of optimal queries.
- Expanding global commercial content offers to simplify more risk assessments. The combination of the content of commercial data based on the traditional harmonized system (HS) with content based on optional experience, such as previously classified products, and innovative content in time, such as legislation and / or regulations , provides companies with a wider content ecosystem to facilitate effective and efficient assessment associated with the compliance of products, parties or shipments.
- Improved analysis to generate information and inform strategic decision -making and based on evidence. The Advanced Microsoft Power BIDDE BI ADVANCED analysis Data for screening applications and other sources (for example, visitors management, license management, other operational systems) to provide a unique view. Companies no longer need to rely on complicated integrations between applications to access sophisticated analyzes that provide a useful overview of their compliance activities, especially in large companies.
Expanded capacities to manage the increase in export controls and complexities concerning the management of export licenses. Established set of Eastern Asian countries for compliance checks and license determinations, in addition to workflows and improved data sharing capacities for very complex controlled goods companies (for example, aerospace and defense) , which help companies better manage compliance with local laws, international agreements and protocol security.