SAN JOSE, Calif.--(BUSINESS WIRE)--LevaData, the company that delivers applied AI to transform strategic sourcing and procurement, today announced it has been included in the list of “Hot Vendors in Artificial Intelligence”1 by Aragon Research, Inc. The “Hot Vendors” in AI list covers the providers Aragon has identified as making a difference in the market.
“We’re excited to be identified as a ‘Hot Vendor,’ especially as LevaData is the only applied AI solution provider in the procurement and supply chain category included in this list,” said CEO Rajesh Kalidindi. “Our unique platform provides enterprises with a competitive advantage in sourcing and procurement by transforming direct materials sourcing and new product introduction for global manufacturers.”
LevaData offers Leva, the first Cognitive Sourcing Advisor. This platform employs multiple applied AI methods to predict market dynamics and provide prescriptive recommendations for actions, with a focus on negotiation levers and sourcing event outcomes. To learn more about LevaData, visit our website at www.levadata.com. LevaData also will be hosting the Cognitive Sourcing Summit, Oct. 24, 2019, in San Jose at the Silicon Capital Club.
Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications, and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them "AS IS," without warranty of any kind.
LevaData helps global enterprises improve gross margins by reducing supply chain costs, with a focus on delivering measurable and accountable supply chain solutions and strategies that transform companies. The unique LevaData Cognitive Sourcing™ Platform allows customers to sense, recommend, act and learn. Customers include leaders in the top global supply chain organizations, as well as medium-sized OEMs seeking to achieve best-in-class direct materials sourcing practices. LevaData is headquartered in San Jose, California. For more information, visit www.levadata.com.
1 Aragon Research “Hot Vendors in Artificial Intelligence, 2019” by Jim Lundy and Samra Anees, August, 2019