Market Overview

LevaData Announces 2018 Cognitive Sourcing Summit


AI Procurement and Sourcing Leader Builds on Previous Year's Success
With Expanded Insights and Best Practices to Accelerate Adoption of
Cognitive Sourcing

the company that delivers applied AI to transform strategic sourcing and
procurement, today announced that it will host the 2018 Cognitive
Sourcing Summit in Santa Clara, CA, on September 13, 2018.

"Following a successful inaugural event in 2017, LevaData is excited to
reconvene with industry leaders at the Cognitive Sourcing Summit this
fall," said LevaData founder and CEO Rajesh Kalidindi. "The summit is
quickly becoming the premier event for strategic sourcing executives who
drive thought leadership and practical adoption of cognitive and AI

At last year's Cognitive Sourcing Summit, LevaData unveiled Leva, the
world's first AI advisor for strategic sourcing. This year, LevaData has
responded to increased interest by expanding the event to include 150
attendees while working to ensure the same intimacy and opportunities
for networking that were a highlight of last year's summit.

Speakers and panels will explore the overall theme of how to accelerate
the journey towards cognitive sourcing, including the latest trends in
digital transformation and the adoption of AI among procurement teams.
Executive leaders from the high tech, industrial equipment, medical
device, telecommunications, and consumer products industries will share
their insights. Acknowledged industry analysts and thought leaders from
IDC, Supply Chain Insights, Gartner, Chainlink Research, and Spend
Matters will share relevant research and facilitate panel discussions.

Presentations and workshops will include:

  • Cognitive Sourcing: Maturity Model, Innovation and Competitive
  • Digital Procurement: Building a Successful Roadmap
  • Driving the Transformation: Making the Case and Enabling Change

Participants will also hear from Fitbit's Kevin Purser and Mike Melzer
of Rockwell Automation regarding their successful digital procurement
journeys and recommended best practices.

The closing keynote presentation will be delivered by Procurious founder
Tania Seary. In addition to establishing a community of 30,000
procurement professionals, Tania has been recognized as a "Procurement
Futurist" by IBM and "Influencer of the Year" by Supply Chain Dive.

LevaData will also release the 2018 Cognitive Sourcing Study, which
provides updated insights on market readiness to adopt new AI-based
capabilities and priorities for procurement transformation across a
range of industries.

"Data-driven procurement is crucial to efficiency, cost reduction and
value creation," said Mickey North Rizza, Program Vice President
Enterprise Applications, IDC. "LevaData's 2018 Cognitive Sourcing Summit
will be an excellent opportunity for supply chain executives to learn
from other industry leaders about the advancement of sourcing and
procurement through cognitive computing and the best practices for
making the transition to AI-enabled strategic sourcing."

Executives interested in attending are encouraged to request
an invitation
by August 31st.

About LevaData

LevaData helps global enterprises improve gross margins by reducing
supply chain costs, with a focus on delivering measurable and
accountable supply chain solutions and strategies that transform
companies. The unique LevaData Cognitive Sourcing™ Platform allows
customers to sense efficiencies and risks, recommend, act, and learn to
digitally transform their direct supply chain procurement practices.
Customers include leaders in the top global supply chain organizations,
as well as medium-sized OEMs seeking to achieve best-in-class direct
materials sourcing practices. LevaData is headquartered in Sunnyvale,
California. For more information, visit

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