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Simporter Artificial Intelligence Predicts Which Products Face Surging Demand as People Isolate at HomeATLANTA, April 1, 2020 /PRNewswire/ -- Artificial intelligence company Simporter launched new software today that predicts which products are next in line to see a spike in shopper demand. Called the Epidemic Demand Surge Protector, it makes these predictions so manufacturers and retailers can keep up supply levels for OTC medicine, food, and household items. While toilet paper remains elusive, many other products are hard to find as people isolate at home, dramatically shifting traffic and consumption patterns. Visit covid.simporter.com for a free version of Simporter's software, available for small businesses, non-profits, and federal, state and local health agencies. An enterprise version, which includes Nielsen Retail Measurement and Product Reference data as one informaton source, is available for license to manufacturers or retailers who want to track all their products. "People's lives are turned upside down from COVID-19. We created this software to help," said Dillon Hall, Simporter's co-founder. "If used effectively, we can ensure millions of people get the supplies they need from their local stores to minimize shopping trips and reduce risks of community transmission" Simporter's Epidemic Demand Surge Protector predicts which categories and brands will see the biggest surge in demand over a rolling 4-week period. It shows the ten highest-demand products for each major city. The A.I. analyzes three real-time data sources:
"When people can't find certain products, like their preferred baby formula, our data shows they travel further or revisit stores more often," said Tim Hall, Simporter's co-founder. "This new software provides transparency into consumer demand, so supply problems get tackled sooner." About Simporter Simporter is a member of Nielsen's Connect Partner Network. Click here for additional information about Nielsen's Connect Partner Network ecosystem. Media Contact: View original content to download multimedia:http://www.prnewswire.com/news-releases/simporter-artificial-intelligence-predicts-which-products-face-surging-demand-as-people-isolate-at-home-301033122.html SOURCE Simporter, Inc. |