Exiger
Assembly Line
Exiger Acquires Widely Adopted Proprietary Parts Intelligence Company XSB
Exiger, the market-leading supply chain and third-party risk AI company, announced the acquisition of logistics intelligence platform XSB. The acquisition combines the most comprehensive proprietary purchasing, design and sustainment intelligence and engineering analytics platform with Exiger’s own proprietary data and AI, creating an end-to-end solution for the logistics, PEO and acquisition communities.
Founded by data scientists, XSB uses an ensemble of AI-based applications to transform unstructured data into actionable intelligence. XSB’s graph database is widely used across government agencies, platforms and combatant commands, as well as the Defense Industrial Base. The company’s catalog spans 100 million parts and 400 million parts attributes used by the U.S. Federal Government, from camouflage clothing to weapons systems.
XSB’s product suite is used by thousands of engineers, item managers and catalogers to prevent supply chain interruptions and mitigate risks from diminishing supply sources, obsolescence and nonconforming parts. The platform offers rich technical data for National Stock Numbers and component parts, reducing design, manufacturing and selection costs while improving quality and reliability throughout the product life cycle. In addition to identifying supply chain partners and surfacing pricing and availability intelligence, XSB helps customers ensure compliance with regulatory standards such as Environmental, REACH and RoHS.
Exiger Leads Market in AI-Driven Multi-Tier Visibility with Versed AI Acquisition
Exiger, the market-leading supply chain and third-party risk AI company, announced the acquisition of Versed AI. Born out of the University of Cambridge’s Language Technology Lab, Versed AI’s artificial intelligence technology accelerates the process of extracting and aggregating multi-tier supplier networks, creating automated bills of material and generating proprietary value chain graph data. The integration of Versed AI into Exiger’s award-winning supply chain management platform allows Exiger customers to rapidly expand multi-tier visibility with access to unrivaled advancements in supply chain tracing, orchestration and mapping.
Exiger leads the market with the fastest, most accurate and advanced solution for supplier mapping and risk analysis – technology that runs on proprietary data created from open source content and BOMs. Versed AI’s capability further streamlines this offering, alleviating the burden on procurement teams and negating the need for BOMs or technical data packages. Versed AI extracts supplier relationships and other insights from publicly available content to harmonize the breakdown of an individual product into its component parts, creating a synthetic BOM for highly-relevant, product-specific supply chain mapping.