Data firm Koverse and audit giant PricewaterhouseCoopers developed supply chain monitoring solution, called Know Your Vendor, built on NSA’s technology

Briefing

Data firm Koverse and audit giant PricewaterhouseCoopers developed supply chain monitoring solution, called Know Your Vendor, built on NSA’s technology

February 18, 2019

Briefing
  • Know Your Vendor – Data startup Koverse and auditing giant PricewaterhouseCoopers developed service, Know Your Vendor, that lets companies monitor supply chain for compliance issues and early problem detection
  • NSA Technology – Underlying technology based on NSA’s (National Security Administration) database engine called Apache Accumulo, as Koverse is owned by former NSA data professionals Paul Brown and Aaron Cordova
  • AI and Analytics – Enabled by algorithms and advanced analytics, able to handle structured and unstructured data at scale
  • Capabilities – Continuously monitors suppliers’ extended network (i.e. suppliers of suppliers), quantifies risk surrounding vendors, and reveals areas of risk for mitigation
  • Benefits – Tracking suppliers can lessen reputational and regulatory risk, reduce fraud and corporate social responsibility (CSR) issues, and save costs

Accelerator
Artificial Intelligence, Big Data and Analytics

Market Disruption
Intelligent, Data-Optimized Supply Chains

Business Model and Practices

Business Model
and Practices
Data, Interfaces and Algorithms, Optimized Supply Chain

Sector
Information Technology

Function
Operations, Manufacturing and Production

Organization
Konverse Inc., PricewaterhouseCoopers LLP

Source

Original Publication Date
January 29, 2019

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