LevaData Recognized for Sixth Consecutive Year on SpendMatters '50 to Watch'

LevaData Recognized for Sixth Consecutive Year

Pleasanton, California Nov 28, 2024 (Issuewire.com)  - LevaData Recognized for Sixth Consecutive Year on SpendMatters '50 to Watch' List

LevaData, a leading provider of AI-powered supply chain solutions, proudly announces its inclusion in the SpendMatters' '50 Providers to Watch' list for 2024. This prestigious recognition marks the sixth consecutive year that LevaData has earned a spot on the list, underscoring the company's sustained innovation and growth in the procurement technology space.

The SpendMatters' '50 Providers to Watch' list highlights emerging companies within the procurement and supply chain sector that demonstrate significant growth and development of cutting-edge solutions. These companies are recognized for their ability to drive the industry forward through continuous product innovation.

"Being named to the SpendMatters '50 to Watch' list for the sixth time is a testament to our unwavering dedication to innovation," said Keith Hartley, CEO of LevaData. "Our focus remains on enhancing our AI-driven platform to empower our clients with real-time insights that improve decision-making and deliver measurable business outcomes."

Bertrand Maltaverne, Lead Analyst for Upstream Procurement at SpendMatters, added:

"LevaData offers a powerful platform for direct material sourcing, providing deep insights into parts and components to strengthen procurement strategies. Their solutions, including benchmarking tools and part risk intelligence, help organizations identify cost savings, reduce risk, and optimize sourcing for both new and existing products."

LevaData's Direct Material Sourcing platform harnesses the power of AI and machine learning to deliver actionable insights, minimize risks, and optimize supply chain costs. The platform's focus on part-level risk intelligence and data-driven decision-making continues to set LevaData apart in an ever-evolving procurement technology landscape.

For more details on the SpendMatters' '50 Providers to Watch' list, visit: SpendMatters.

About LevaData

LevaData is a global leader in procurement and direct material sourcing, helping organizations transform their supply chain operations through data-driven insights. Leveraging AI and machine learning, LevaData’s innovative platform provides predictive analytics and actionable recommendations that enable procurement teams to make smarter decisions, reduce costs, and mitigate supply chain risks. Serving industries ranging from Fortune 500 companies to mid-sized OEMs, LevaData empowers clients to achieve best-in-class sourcing practices and drive strategic value.

About SpendMatters

SpendMatters is the go-to source for procurement and supply chain professionals seeking in-depth technology insights. Known for its comprehensive technology analysis, news coverage, and subscription research, SpendMatters is relied upon by CPOs, consultants, investors, and solution providers as a trusted partner for procurement technology intelligence.

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Media Contact

LevaData marketingld@levadata.com 2792793430 LevaData, Inc. 6200 Stoneridge Mall Road Corporate Commons https://www.levadata.com/
Categories : Business , Software , Technology
Tags : Direct Material Sourcing platform , Direct Material Sourcing , procurement
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