Oct 10, 2017   SOURCE: BusinessWire

70 Industry Leaders Will Join LevaData’s 2017 Cognitive Sourcing Summit

LevaData, the company that delivers applied AI to transform strategic sourcing and procurement, today announced that more than 70 industry leaders will share their insights on innovation and digital disruption at its Cognitive Sourcing Summit on October 26, 2017, in Palo Alto.

“Our vision is to revolutionize the way leaders manage sourcing and procurement by enabling them to sense opportunities and risks faster, make smarter decisions, and act effectively using the latest AI technologies,” said LevaData CEO Rajesh Kalidindi. “Our Cognitive Sourcing Summit will provide a forum for LevaData customers and other leaders in our field to come together to discuss digitization trends and opportunities in procurement and sourcing.”

At this invitation-only event, participants will join industry thought leaders and LevaData customers to explore the latest trends in digitization and crowd-sourced intelligence. Over 70 senior executives from companies including Amazon, Microsoft and IBM will explore how crowd-sourced intelligence and applied AI can provide a sustainable competitive edge. Additional attendees include industry leaders BASF, Fujitsu and Qualcomm.

The opening keynote will be delivered by Ray Wang, Founder and CEO of Constellation Research, author of Disrupting Digital Business, and advisor to Global 2000 companies. He will discuss the impact of digital transformation and offer recommendations on how to leverage cognitive sourcing technologies to create competitive advantage.

“The Cognitive Sourcing Summit will provide a singular opportunity to engage with other industry leaders and discuss the disruptive changes happening in the sourcing and procurement space,” said Wang. “I am looking forward to speaking to and meeting the leaders in this strategically significant industry.”

The closing keynote will be delivered by Dawn Tiura, CEO of the Sourcing Industry Group and President of SIG University, the world’s largest association representing Global 1000 companies. Tiura will share her perspective on how leaders can use cognitive sourcing technologies to accelerate innovation and talent development.

In addition to these keynotes, participants will also hear presentations on:

  • Smarter, Faster Decision Making: How to use predictive machine learning and AI technologies in sourcing to create sustainable competitive advantage
  • Crowd-sourced Intelligence: The shift to using peer/community-based intelligence for better insights
  • Market Intelligence: How to sense and react quickly to changing market dynamics
  • Intelligent Assistance: How software can make you more effective at your job

Summit speakers and panelists will include both global thought leaders and industry analysts, and LevaData customers will share their visions for cognitive sourcing within their organizations. Industries represented will include technology, consumer electronics, automotive, and aerospace, with attendees representing procurement, strategic sourcing, supply chain, manufacturing, and product operations.

Participants are encouraged to request an invitation by October 16.

About LevaData

Delivering applied AI to transform strategic sourcing and procurement, LevaData helps global enterprises improve gross margins by reducing supply chain costs, with a focus on delivering transformative solutions. The LevaData Cognitive Sourcing Platform™ senses opportunities and risks, makes recommendations, and automates actions to help customers create sustainable competitive advantage. Customers include leaders in global supply chain organizations, as well as OEMs seeking best-in-class direct materials sourcing practices. LevaData is privately held and headquartered in Sunnyvale, Calif. For more information, visit www.levadata.com.