MammothDB Wins Business Innovation Award For DHL Predictive Analytics Solution
MammothDB, Affordable analytics database provider to Cisco, DHL and Publicis has received the 2015 BAIT Business Innovation award for its pioneering predictive analytics solution iRate for DHL.
Sofia, Bulgaria February 23rd, 2016
MammothDB has won the prestigious Business Innovation award for their predictive analytics solution iRate, for DHL. iRate is a tariff-prediction engine used by DHL Global Forwarding (DGF) to accurately predict future airfreight costs upto 30 days ahead.
The Big Data predictive analytics solution uses over 130 sources of data to calculate the cost of moving air freight between any two cities, globally, one month in advance. This powerful tool helps DGF achieve a substantial increase in costing accuracy, improving budgeting, forecasting, & sales.
iRate delivers transparency on cost performance through a set of standard management reports and iRate achieves all of this at a significantly lower cost to traditional databases, despite its size.