Exiger Achieves Leader Position in Gartner Magic Quadrant for Supplier Risk
Exiger Secures Leadership in Supplier Risk Management
Exiger recognized for its ability to execute and completeness of vision
Exiger, a market-leading supply chain AI company, has achieved recognition as a Leader in the inaugural Gartner Magic Quadrant for Supplier Risk Management. Positioned in the Leaders Quadrant, Exiger has been acknowledged for its completeness of vision and ability to execute. This recognition represents a significant milestone in the company’s commitment to transforming supply chain management through advanced technology.
A Testament to Innovation and Partnership
Brandon Daniels, Exiger's CEO, expressed his thoughts, stating, "We feel Exiger's recognition as a Leader in the inaugural Gartner Magic Quadrant for Supplier Risk Management Solutions marks a big milestone and an incredible achievement that we owe to our customers. In the past few years, we have pushed the boundaries of what's possible with artificial intelligence and we've built an advanced supply chain data ecosystem in response to demand from our customers. We believe this recognition underscores the strong partnerships we've built and highlights market-defining insights from organizations like Gartner. As global regulations tighten, the urgency to reinvent supplier risk management has never been more crucial, and this acknowledgment fuels our ambition to advance technology for this market further."
Exiger's Commitment to Cutting-Edge AI Capabilities
Exiger, now authorized under FedRAMP, has the capability to dissect supply chains down to the part and material level. This detailed analysis helps organizations prepare for potential disruptions and enhances overall supply chain resilience, giving them a strategic advantage in the competitive global market. The recognition in the Gartner Magic Quadrant highlights Exiger's robust technology that meets the demands across the entire spectrum of supplier risk management.
Investment in AI and Innovation
Brendan Galla, Chief Product Officer at Exiger, noted the company's unwavering commitment to developing innovative AI capabilities. He stated, "Exiger has maintained a deep commitment to developing market-leading AI capabilities, from ambitious acquisitions of emerging technologies to significant investments in talent, AI, data science, and user experience design. We’re thrilled to see our years of investment in innovation reflected in Gartner’s report."
Understanding the Gartner Magic Quadrant
The Gartner Magic Quadrant provides a comprehensive view of the competitive landscape of vendors in a specific market. Accompanied by Gartner Critical Capabilities, this analysis offers deeper insights into the providers' product and service offerings, thus enriching the understanding of the market dynamics.
About Exiger
Exiger is transforming the landscape of risk and compliance for corporations, government agencies, and banks, through its innovative software and tech-enabled solutions. The company aims to create a safer and more transparent business environment. With a diverse client base of 550 customers worldwide, including 150 Fortune 500 companies and over 55 organizations in the Defense Industrial Base, Exiger utilizes award-winning AI technology to lead the industry in areas such as ESG, cyber, financial crime, third-party, and supply chain management. Achieving FedRAMP Moderate Authorization further solidifies its position as a trusted partner. Recently recognized in Fast Company's 'Brands That Matter' in both 2023 and 2024 as well as receiving the Third Party Risk Association's Innovator Award in 2024, Exiger continues to receive accolades for its contributions across more than 50 AI-related and Supply Chain partner awards.
Frequently Asked Questions
What is the significance of Exiger's recognition as a Leader in the Gartner Magic Quadrant?
This recognition signifies Exiger's exceptional capabilities in supplier risk management and its innovative technological advancements that meet market demands.
How does Exiger utilize AI in supply chain management?
Exiger integrates AI-driven solutions to enhance supply chain visibility and manage risks effectively, providing organizations with strategic advantages.
Who are Exiger's primary clients?
Exiger serves a diverse set of clients, including government agencies, corporations, and banks, with a substantial portion from the Fortune 500.
What awards has Exiger received recently?
Exiger has been acknowledged in Fast Company’s 'Brands That Matter' for both 2023 and 2024 and has won the Third Party Risk Association’s Innovator Award in 2024.
How can organizations benefit from Exiger's solutions?
Organizations can enhance their supply chain resilience, anticipate disruptions, and manage supplier risks more effectively through Exiger's comprehensive solutions.
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