-
Technology
-
Industry
-
Solutions
-
- ASSET MANAGEMENT
- CUSTOMER EXPERIENCE MANAGEMENT
- CYBER SECURITY
- DATA CENTER
- DOCUMENT MANAGEMENT
- ELECTRONIC DATA INTERCHANGE
- ENTERPRISE DATA MANAGEMENT
- ENTERPRISE RESOURCE PLANNING
- ENTERPRISE RISK MANAGEMENT
- ENTERPRISE-GRADE WEB DATA SOLUTIONS
- FACILITY MANAGEMENT
- FIELD SERVICE
- IDENTITY AND ACCESS MANAGEMENT
- INFRASTRUCTURE
- IT SERVICE MANAGEMENT
- MANAGED IT SERVICES
- PAYMENT AND CARD
- PROJECT MANAGEMENT
- SOFTWARE TESTING
- STORAGE
- VIDEO SOLUTIONS
- WORKFLOW
-
-
Platforms
-
Functions
- Leadership Perspectives
- Innovation Insights
- Research
- Magazines
- News
- CXO Awards
Michael Foley, Managing Director Procurement IntelligenceEvalueserve has grown in the past 16 years to become a global research and analytics company with over 3,500 analysts worldwide. A few years back, the firm began investing heavily to launch its ‘mind+machine™’ approach–an amalgam of Evalueserve’s analysts and advanced technology for scale, speed, cost effectiveness as well as new capabilities. “Our strength is a combination of insights and technology that maximizes our impact, which makes mind+machine™ a unique offering,” says Foley.
Procurement roles need a broader range of capabilities than in the past and today’s procurement expert must be able to regularly draw upon a global and up-to-date understanding of key trends shaping a category. They are also required to deliver a variety of analyses that identify everything from innovation, sustainability, cost models, risk tracking, benchmarking, and best practices. “The procurement role must deliver all this while spending an increasing amount of their time away from their desk and regularly sitting down with the business. This wouldn’t be possible without solutions like InsightBee Procurement Intelligence,” explains Foley. Our solution is a cloud-based dashboard that brings together all the analyses a category team needs in order to set an optimized sourcing strategy, stay on top of key trends, and proactively identify key risks as they emerge.
Our strength is a combination of insights and technology that maximizes our impact, which makes mind+machine™ a unique offering
Evalueserve begins each major engagement with a workshop, to not only understand how a client works and identify key needs, but also to find a way to suggest industry best practices and the learnings gathered by clients in similar situations. “We do not believe in providing a one-size-fits-all model when we work with the clients and our solutions reflect this philosophy,” adds Foley.
The InsightBee Procurement Intelligence platform takes a 360° approach to analysis, leveraging an impressive variety of database subscriptions, news sites, desk research, analyst reports, blogs, interviews with subject matter experts, supplier interviews, market research, benchmarking, and competitor intelligence. Additionally, combining our data analytics expertise with a client’s internal data helps clients get the most out of the data they already have.“This is a solution that would have been unmanageable a few years ago,” Foley states.
As the firm continually works to create a large user-base around their procurement intelligence platform, Foley sees an opportunity to create an interactive ecosystem that harnesses the power of the procurement community. “Things such as discussion forums, supplier rating systems, benchmarking with peers, webinars, and templates that can be used for procurement processes will help not only create more two-way communication flows between Evalueserve and our clients, but also between clients,” explains Foley.
The growing user-base prompted Evalueserve to take all the necessary steps to protect its clients’ data, all global delivery centers being ISO Certified 27001:2013 and conducting various levels of certifications and audit procedures.
Evalueserve and Denodo Announce Partnership to Improve Time-to-Value with Advanced Analytics and AI
Wednesday, June 26, 2024
Strategic Partnership Combines Domain Expertise with Logical Data Management for Enhanced Analytics and AI Capabilities
RIYADH, Saudi Arabia, -- Evalueserve, a leader in tech-enhanced managed services, today announced a strategic partnership with Denodo, a leader in next-gen logical data management. This collaboration will improve decision-making and business outcomes by combining Evalueserve's deep domain expertise and analytics and AI prowess with Denodo's transformative data management technology and approach.
The Evalueserve-Denodo partnership aims to empower enterprise customers to harness the full potential of their data assets, drive digital transformation, and gain a competitive edge in the rapidly evolving business landscape.
"Our partnership with Denodo is set to improve our already great impact for enterprise customers," Pinaki Mukherjee, Evalueserve's Global Head of Customer Success and Sales for Data and Advisory, said. "This partnership will combine the value of Evalueserve's domain knowledge, data analytics, and AI capabilities with the faster time-to-value of Denodo's logical data management offerings."
One of the first beneficiaries of this partnership is a leading Saudi bank. The bank faced challenges integrating data from multiple siloed systems, hindering its ability to comprehensively view customer information and risk exposure. By leveraging the combined capabilities of Evalueserve and Denodo, the bank created a virtualized data layer that provides real-time access to critical data across various departments. This has enabled the bank to enhance customer experience, improve risk management, and comply with regulatory requirements more effectively.
Evalueserve brings to the collaboration its industry-specific knowledge and proven track record of delivering transformative data, analytics, and AI solutions. As one of Denodo's strategic partners, Evalueserve will align clients' data strategies with their objectives, ensuring successful, tailored implementations.
"We are thrilled to partner with Denodo and enable clients to unlock the full potential of their data for analytics and AI," said Swapnil Srivastava, Global Head of Analytics at Evalueserve. "Our partnership has created a comprehensive solution streamlining data integration, enhancing data governance, and providing actionable insights for data-driven decision-making."
In today's data-driven economy, legacy systems, data silos, and the increasing volume and complexity of data hinder organizations' ability to derive valuable insights and make informed decisions. The traditional solution is to bring all data sources into a single location, which is time-consuming and costly.
Denodo, however, embraces the distributed data landscape, offering a unified data delivery platform that enables businesses to integrate and access data from multiple sources in real time without replicating or moving the data. This helps clients achieve faster time-to-value, improved data agility, and reduced data management costs.
"We are delighted to collaborate with Evalueserve on this transformative partnership," said Narayan Sundar, Senior Director of Partnerships at Denodo. "Our next-gen data management platform, combined with Evalueserve's implementation capabilities and domain expertise, will provide clients with a robust, scalable solution for their data integration, analytics, and AI needs."
Company
Evalueserve
Management
Michael Foley, Managing Director Procurement Intelligence
Description
Actionable insights for proactive category management—InsightBee
Procurement Intelligence by Evalueserve
