Versed AI Market Research Report
Company Overview
- Name: Versed AI
- Mission: Versed AI is dedicated to automating the mapping and contextualization of complex supply chains, providing unrivaled multi-tier supply chain intelligence.
- Founded By: Simon Baker and Pascal Wichmann.
- Founded: No information is available.
- Key People:
- Dr. Simon Baker: Co-founder & CTO, post-doc from the University of Cambridge specializing in AI and Natural Language Processing (NLP).
- Fenella Boyle: Co-Founder & CEO, with 16 years of experience in financial strategy.
- Iain Blair: CPO, military grade software engineer.
- Hannah Tilston: COO, experienced in engineering & manufacturing procurement.
- Headquarters: No information is available.
- Number of Employees: Empowering 550 customers globally.
- Revenue: No information is available.
- Known For: Innovative use of AI, natural language processing, and machine learning to gain visibility into multi-tier supplier networks.
Products
- Company Console:
- Description: A platform that allows identification of alternative suppliers essential to supply chains.
- Key Features:
- Uses Natural Language Processing (NLP) and Machine Learning (ML) to improve supply chain resilience.
- Allows for flexible data exports and integration with existing toolsets.
- Supply Chain Solutions:
- Description: Provides detailed visibility and analytics into multi-tier supply chains.
- Key Features:
- Automatic updates and comprehensive visibility from tier 1 to tier n suppliers.
- Secure and certified by ISO 27001, with flexible data integration options.
Recent Developments
- Recent Acquisitions:
- As of July 8, 2024, Versed AI has been acquired by Exiger.
- New Partnerships:
- Joined SAP.io Foundry - Digital Supply Chain program in May 2023.
- Selected for KPMG's Future Tech Program in March 2023.
- Showcased Events:
- Showcased at CIPS "Digitally Transforming Supply Chains" event in March 2023.
- New Products/Features:
- Integration of AI and multi-tier visibility into Exiger’s award-winning supply chain platforms post-acquisition.
This report presents an encapsulation of Versed AI's strategic focus on pioneering multi-tier supply chain visibility through innovative AI-driven solutions, marking a significant footprint in the global supply chain intelligence domain through collaborations, partnerships, and the latest acquisition by Exiger.