FOR IMMEDIATE RELEASE
Agtools® partners with Global Hitss as a provider of data and analytics solutions for the food and agricultura industry
Companies will now access centralized markets, benchmark data and analytics to make timely and impactful decisions, closing the visibility gap created by disconnected supply chains.
Retail, food service and processing companies benefit from access to current market data
Orange, California, August 11, 2022- Supply chain data and analytics company Agtools® partners with Global Hitss to impact Mexican food producers and retailers at a crucial time when geopolitical and pandemic events are complicating the global food supply chain. Corporations seek reliable data with easy access to market data to understand their market share and identify opportunities for growth.
This partnership will provide advanced data and analytics solutions, product-specific content, and integration services with existing systems and processes. Global Hitss continues to expand its portfolio of digital transformation solutions with the addition of the Agtools suite of services.
According to the FAO, Mexico wastes more than 10.4 million tons of food each year. This technology will help the entire food supply chain to maximize product and resources to reduce this impact in the future.
Agtools locates, ingests, selects and extracts knowledge from billions of reference data records from the world market. By accessing this readily available market data, contextualized for each product, users will reduce 50% to 60% of the time and costs involved in the arduous process of finding, ingesting, and preparing data for analysis. The company provides its users with crucial data insights and analytics on which to base transactional and strategic decisions, leading to better results in revenue, profitability, customer satisfaction, and business resiliency.
Agtools® CEO and founder, Martha Montoya has global experience in the food and agricultural supply chain, helping the industry see more, achieve more. “Market dynamics, from supply and demand to weather and labor costs, impact the global supply chain. Our customers are demanding and we are proud to deliver through our systems the market benchmark data and analytics they need to make better buying and selling decisions.”
“Our team is continually looking for new solutions to provide innovative ways to improve business processes and results. With Agtools we add another unique solution to support the region's food and agriculture players, who are becoming increasingly important in feeding local and international consumers. Our customers will be able to shift resources to optimize production and sales results by accessing already curated and audited data through their existing systems,” said Luis Moguel, Global Hitss Applications Business Director.
About Global HITSS:
Global HITSS is the leading provider of digital solutions and IT services with 30 years of experience in the Latin American market. Today it operates in 25 countries, including the United States and Europe. According to Expansión magazine, the company is one of the 500 most important companies in Mexico. Global HITSS is contributing to the development of the digital society. Learn more about Global HITSS services and solutions and we can accompany your company on your digital journey at www.globalhitss.com
About Agtools:
www.ag.tools Agtools, Inc. – Microsoft Machine Learning and AI award winner, is a fast-growing SaaS business intelligence solutions company driving efficiencies within the global food and agriculture supply chain. With one billion transactions per second, Agtools® offers a solution to the challenge of accessing the real-time data needed for short- and long-term business decisions that are causally related to revenue, cost, and overall efficiency. The company provides data and analytics for farmers, buyers, distributors, retailers, government agencies, financial firms, and other stakeholders to manage volatile product categories. Agtools® harnesses infinite industry knowledge to improve results. The company is headquartered in Orange, California
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Kelly Vega Pacheco, Agtools