Press release
LevaData Recognized on SpendMatters '50 to Watch' List for Remarkable Sixth Time
PLEASANTON, CA October 8, 2024 - LevaData, a leading provider of AI-powered supply chain solutions, is thrilled to announce it has been selected for SpendMatters '50 to Watch' list for 2024. This marks the sixth time LevaData has been chosen, highlighting the company's continued growth and innovation in the procurement technology landscape.The SpendMatters '50 Providers to Watch' list recognizes fast-rising companies in the procurement and supply chain market. These solution providers are selected for their continued growth and development of innovative products that propel the market forward.
"Being selected for the SpendMatters '50 to Watch' list for the sixth time underscores our team's commitment to innovation," said Keith Hartley, CEO of LevaData. "We remain focused on enhancing our AI-powered platform to provide our clients with insights that improve decision-making and deliver tangible business value."
In the words of Bertrand Maltaverne, Lead Analyst, Upstream Procurement at SpendMatters:
"LevaData offers an intelligent platform for direct material sourcing and expertise in understanding parts and ingredients to enhance procurement decisions. The solution includes features, such as benchmarking, and part risk intelligence, to identify cost savings and minimize risk to support the launch of new products and optimize the sourcing of parts and materials for existing products."
LevaData's Direct Material Sourcing platform leverages AI and machine learning to provide actionable insights, mitigate risks, and optimize costs across the supply chain. The company's focus on part-level risk intelligence and data-driven decision support continues to set it apart in the evolving landscape of procurement technology.
For more information about the SpendMatters '50 Providers to Watch' list, visit: https://spendmatters.com/procurment-tech-recognition/
About LevaData
LevaData is a leading procurement and direct material sourcing company that empowers global organizations with data-driven insights to transform their supply chain operations. LevaData's innovative platform leverages AI and machine learning to analyze vast amounts of data, providing predictive analytics and actionable recommendations that enable procurement teams to make informed decisions, reduce costs, and mitigate risks across the supply chain. The company serves a diverse range of industries, from Fortune 500 companies to medium-sized OEMs, helping them achieve best-in-class direct materials sourcing practices and drive strategic value.
About SpendMatters
SpendMatters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis with daily news coverage and subscription research, SpendMatters is trusted by CPOs, consultants, investors, and solution providers as their procurement technology intelligence partner.
LevaData, Inc. 6200 Stoneridge Mall Road Corporate Commons
LevaData's direct material sourcing platform powers the smartest supply chains in the world. We help companies build procurement resilience
We give procurement and sourcing teams the specific insights they need to immediately reduce costs and improve supply continuity down to the manufacturer part level.
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