Knexus and Babel Street Forge Partnership for Enhanced AI Solutions
Knexus Partners with Babel Street for Advanced AI Solutions
AI-Powered Risk Intelligence Now Accessible to Federal Agencies.
Knexus, a prominent provider of AI-driven solutions for the federal government, has recently secured a major contract under the $919 million Supply Chain Risk Illumination Professional Tools and Services (SCRIPTS) Blanket Purchase Agreement (BPA). This agreement, facilitated by the U.S. General Services Administration (GSA), represents a significant stride in enhancing supply chain security across various federal departments.
Enhancing Supply Chain Security through Technology
The SCRIPTS initiative is a strategic move to foster the use of cutting-edge technologies aimed at bolstering and securing supply chains, especially within the Department of Defense and other national security entities. This effort is backed by the Office of the Under Secretary of Defense for Acquisition and Sustainment (OUSD A&S), showcasing its importance in the broader defense infrastructure.
Collaboration with Babel Street
Through this new alliance, Knexus collaborates with Babel Street, a recognized leader in global risk intelligence. Together, they offer a powerful software solution that equips federal agencies with the necessary tools to tackle supply chain risks effectively. Their platform, utilizing advanced data analytics, helps quickly identify foreign influence, reveal hidden ownership, and maintain vendor integrity in a fast-paced and ever-changing logistics environment.
Innovative Features of the Risk Intelligence Platform
Knexus and Babel Street’s Risk Intelligence Platform boasts features such as multilingual support, unstructured data access, tunable risk indicators, and visual knowledge graphs. These capabilities provide users with comprehensive insights, promoting faster and more informed decision-making when managing supply chain risks.
Adam Lurie, CEO of Knexus, expressed enthusiasm about this collaboration, stating, "We are poised to deliver state-of-the-art AI solutions at scale to government entities. This award affirms our dedication to addressing the intricate challenges in supply chain risk management. Partnering with Babel Street significantly enhances our capabilities, allowing us to provide government agencies with top-tier resources to ensure resilient and secure supply chains."
Strengthening Government Capabilities
As a company recognized as a Google Cloud Partner of the Year, Knexus harnesses extensive expertise in implementing AI solutions tailored for secure governmental operations. Along with Babel Street’s robust Risk Intelligence Platform, which has been pivotal in sensitive vendor vetting processes for over a decade, this partnership forms a comprehensive solution for agencies aiming to proactively manage supply chain vulnerabilities.
Proactive Risk Management
"Identifying risks and enabling smarter decisions in business relationships is crucial," stated Michael Southworth, CEO of Babel Street. "Our platform provides agencies the ability to anticipate and identify risks, detecting hidden relationships and potential threats before they disrupt operations. The SCRIPTS BPA streamlines access to these advanced capabilities for critical procurement decisions."
Furthermore, Knexus stands out as one of only eight awardees tasked with facilitating real-time risk assessments, empowering agencies to continuously monitor supplier health and respond to any adversarial threats effectively.
About Knexus
With nearly twenty years of experience, Knexus has collaborated with numerous government agencies to provide customized AI solutions for mission-critical challenges. The company boasts four patents and over a hundred peer-reviewed scientific papers, illustrating the depth of expertise from its dedicated scientists and engineers. As a Google Cloud Service Partner, Knexus is well-equipped to utilize Google Cloud's AI technologies in their offerings.
About Babel Street
Babel Street facilitates informed decision-making for organizations through advanced data analytics and intelligence. Their technology supports numerous applications, including investigative efforts and supply chain risk management. With a presence not just in the U.S. but also in countries such as Australia and Canada, Babel Street's solutions are pivotal in helping organizations close the gap between risk identification and confidence in decision-making.
Frequently Asked Questions
What is the SCRIPTS agreement?
The SCRIPTS agreement is a $919 million federal initiative aimed at enhancing supply chain security through advanced technologies.
Who are the partners involved in this agreement?
The main partners involved in this initiative are Knexus and Babel Street, both experts in AI and risk intelligence.
What features does the Risk Intelligence Platform offer?
The platform includes multilingual capabilities, unstructured data access, visual knowledge graphs, and tunable risk indicators for comprehensive supply chain monitoring.
How will this partnership benefit federal agencies?
This collaboration empowers federal agencies to proactively manage risks, ensuring a more secure and resilient supply chain through advanced analytics.
What is Knexus's role as a Google Cloud Partner?
As a Google Cloud Partner, Knexus utilizes Google’s AI technologies to enhance their solutions, ensuring scalability and effectiveness in government operations.
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