Vienna-based startup Prewave offers live monitoring for supply chain disruptions caused by COVID-19
2nd April 2020: Prewave, a Vienna-based startup that has developed a technology for managing risks in supply chains with artificial intelligence, is offering it’s unique “Corona Virus Disruption Map” to the public. This map shows the effects of the coronavirus pandemic in industrial supply chains and currently focuses on hotspots important for industrial production such as China, the USA, India and in Europe on Austria, Germany, Italy, Spain, France and Great Britain. The warnings for supply chain interruptions are generated with the help of artificial intelligence on the basis of huge amounts of data from news media, social media and messages from industry and logistics. Reports on the spread of the coronavirus and quarantine areas are also taken into account in order to identify risks at an early stage and provide predictive analytics on broken supply chains. Prewave already collaborates with large companies from the automotive, chemical, metal and electronics industries and is currently receiving many inquiries from companies that want a better overview of their supply chains.