Report provides the latest market intelligence about technologies that monitor, manage and mitigate supplier risk

Everstream Analytics, the global leader in supply chain insights and risk analytics company, today announced it has been recognized in the Gartner® Market Guide for Supplier Risk Management Solutions (December 2023).

“Technology is a key enabler for success in managing complex, comprehensive and time sensitive data.” The report recommends that procurement technology leaders responsible for supplier risk should: “Minimize vulnerabilities from risk by making technology a foundational part of the supplier risk management program. Technology is a must-have requirement for enabling organizations to avoid, absorb and recover from disruptive events and deliver competitive advantage.”

Supplier risk management is most effective when an advanced technology and analytics solution integrates seamlessly into a company’s risk management strategy and processes. This enables organizations to execute efficiently with actionable insights to scale, pivot and adapt in increasingly volatile global supply chains.

Everstream Analytics' industry-leading supplier risk management solution is a sophisticated system that generates actionable insights to address clients’ most pressing challenges, optimizing their operational and strategic risk management in planning, sourcing and logistics regardless of where they are on their digitalization journey. The proven platform offers the latest emerging technology, such as graph technology and generative AI to advancing an organization’s end-to-end supply chain maturity to ensure sustainable and competitive value realization.

“Now, more than ever, companies must establish a holistic and integrated approach to supplier risk management,” said Julie Gerdeman, CEO of Everstream Analytics. “Everstream’s technology provides supply chain leaders with actionable insights to manage financial, ESG, cyber, performance, and compliance supplier risks proactively and preventively. It provides unparalleled visibility and transparency, optimizes logistics flows, and helps organizations strategically design global value chains and supplier networks for speed, agility, and resilience. It is our belief that being recognized in the Gartner Market Guide for Supplier Risk Management Solutions, 2023, reinforces our long-standing leadership and expertise in supplier risk management."

To learn more about Everstream’s industry-leading supply chain risk management solutions, visit https://www.everstream.ai/

Source: Gartner, Market Guide for Supplier Risk Management Solutions, 2023, Cian Curtin, Cheryl Van Dyke, Micky Keck, et al, 4 Dec 2023. The Gartner Market Guide for Supplier Risk Management Solutions, 2023 is available online for Gartner subscribers.

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About Everstream Analytics

Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous and sustainable supply chain. Everstream’s proven solution integrates with procurement, logistics and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.

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