External Data University: Issue #13

In today’s issue, we’ll explore women-led hedge funds, reducing ESG risk in supply chain, and airlines making history. Let’s get started. ??

?? How to Reduce ESG Risk in Supply Chain with Third-Party Data

In mid-December, we chatted with Guy Courtin, a supply chain expert, on ESG risk and integration into your supply chain. The conversation is now available on YouTube.

What's the gist? It's not about what's happening within your four walls that matters regarding a successful supply chain. The reality is it's what's happening throughout your network that matters.?

Guy shared his thoughts on trending terms: "There is no new normal." Supply chain is constantly changing, and change is what creates supply chain. It's nothing new to the industry. The speed of disruption is subject to change, and what we've seen causes issues recently. That difference is important.?

?? Welcome to 2023

♀? Largest Woman-Led Hedge Fund Began Trading Tuesday?

SurgoCap Partners, led by Mala Gaonkar, started 2023 off with a bang, opening trading on their $1.8 billion in assets.?

It’s a record-breaking accomplishment: this is the largest hedge fund in industry history–ever–to be managed by a woman. The firm currently operates with about 20 employees focused on trading grounded in technology.?

?? What We’re Watching

?? Southwest Airlines Could Benefit from Data Integration & Cloud Utilization According to Analysts?

If you’re part of the vast majority of Americans who travel or have loved ones travel for the holidays, you’re likely personally familiar with the trending Southwest Airlines issues that have been plaguing the US the past few weeks.

I’m not; we only fly Delta: in that case, here’s a quick update. Southwest was left between a rock and hard place as thousands of flights were canceled and unable to reschedule due to a lack of personnel and an ancient software system for managing its people and planes.?

What does that have to do with the cloud? The decades-old data system they used, SkySolver, wasn’t built for the current volume and weather conditions that have become the norm, and it all came to a head at one of the busiest times of the year. Expert analysts say that moving to cutting-edge technology like Google Cloud, built to support and scale the largest companies around, is the key to resolving this issue and preventing its reoccurrence.?

And data? More data = better predictions. Transitioning to systems that support external data integration to rely on up-to-date information on travel and weather patterns can help bring airlines like Southwest into this decade and improve scheduling experiences for everyone–passengers and crew alike.

- Scout

?Scout Scholes

Content Marketing Manager

???cruxdata.com