LevaData Makes SpendMatters’ Top 50 Procurement Tech List for Sixth Straight Year “`

Pleasanton, California, November 28, 2024 – LevaData, a leader in AI-powered supply chain solutions, has been named to SpendMatters’ ’50 Providers to Watch’ list for 2024, marking its sixth consecutive year on the list. This recognition highlights the company’s ongoing innovation and growth in procurement technology.

SpendMatters’ ’50 Providers to Watch’ showcases emerging companies in procurement and supply chain demonstrating substantial growth and innovative solutions. These companies are recognized for driving industry progress through continuous product innovation.

“Our sixth appearance on the SpendMatters ’50 to Watch’ list reflects our commitment to innovation,” said Keith Hartley, LevaData’s CEO. “We’re dedicated to enhancing our AI platform, providing clients with real-time insights for improved decision-making and measurable results.”

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

“LevaData’s platform offers powerful direct material sourcing capabilities, providing deep insights into parts and components to enhance procurement strategies. Their benchmarking tools and part risk intelligence help organizations save costs, mitigate risk, and optimize sourcing for both new and existing products.”

LevaData’s Direct Material Sourcing platform leverages AI and machine learning to provide actionable insights, minimize risks, and optimize supply chain costs. Its focus on part-level risk intelligence and data-driven decision-making distinguishes LevaData in the evolving procurement technology landscape.

For more information on SpendMatters’ ’50 Providers to Watch’ list, please visit: .

About

LevaData is a global leader in procurement and direct material sourcing, helping organizations transform their supply chain operations using data-driven insights. Its AI and machine learning-powered platform delivers predictive analytics and actionable recommendations, enabling procurement teams to make better decisions, cut costs, and reduce supply chain risks. Serving a range of clients, from Fortune 500 companies to mid-sized OEMs, LevaData helps clients achieve best-in-class sourcing and strategic value.

About SpendMatters

SpendMatters is the leading resource for procurement and supply chain professionals seeking in-depth technology insights. Providing comprehensive technology analysis, news, and subscription research, SpendMatters serves as a trusted source for procurement technology intelligence for CPOs, consultants, investors, and solution providers.