The current state of supplier discovery €920 Billion (~$970 Billion USD) – that’s the estimated GDP loss from 2020 to 2023 caused by supply chain disruptions and adjacent challenges (like the COVID19 and the war in Ukraine). And that’s just for the Eurozone! To put the magnitude of this loss into perspective, this amount would be equivalent to the 17th largest economy (by GDP) in the world. Indeed, the significance of the underlying activity is so significant…
For the first time in history, we can directly trace massive problems to bad data and, at the same time, have the ability and the right tools to build systems that address these problems for the long run: high-quality data as infrastructure.- Florin Tufan, CEO @Soleadify The way companies use data for making decisions is going through a massive paradigm shift that brings in a new wave of data solutions built by challenger start-ups that compete with multi-billion-dollar legacy…
For the first time in history, we can directly trace massive problems to bad data and, at the same time, have the ability and the right tools to build systems that address these problems for the long run: high-quality data as infrastructure.- Florin Tufan, CEO @Soleadify The way companies use data for making decisions is going through a massive paradigm shift that brings in a new wave of data solutions built by challenger start-ups that compete with multi-billion-dollar legacy…
As an engineer If you had a penny for each time you rolled your eyes when you got approached for a job, what would you do with the money? Even more disappointing if you’re a Senior, since inflation is probably deflating the value of this imaginary hard earned piggy bank as we speak. Can you even keep an eye out for “challenging opportunities” (will we ever use these words again without cringing?) while getting hijacked by irritating euphemisms, buzzwords and corporate…
Soleadify Partners with Sapiens to address the misclassification of Small and Medium Size Businesses during insurance underwriting (Toronto, Canada) Soleadify, an AI-based small and medium-sized business (SMB) data company, are pleased to announce their strategic partnership with – Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, to reduce the common misclassification of SMBs during the commercial insurance underwriting process. By combining Soleadify’s accurate and comprehensive company data with industry-leading software, Sapiens further expands its…
The global supply chain is under pressure. From natural disasters to unexpected surges in demand, companies are finding that their supply chains are not as resilient as they once thought. COVID-19 and the current instability in Europe are just the latest examples, with an estimated $4 trillion (so far) in lost revenues for organizations around the world. When narrowing down to single points of failure, issues are actually amplified. In the case of the Suez Canal blockage, $9 billion…
A lot of wisdom comes from experience. You learn by doing and that knowledge sticks with you forever. However, learning by doing takes an excruciatingly long time. Naturally, the next best thing is to learn it all from books and apply what you have learned wherever you need to. If you ask us, books are the most valuable resource today as they can save you time and money on mistakes that others have made and documented before you. This is…
Can a deep understanding of a business’s digital footprint solve the classification problem that causes billions in losses in industries like insurance and lending? At Soleadify, we think it can. Let’s start by defining the terms and understanding the numbers. A digital footprint is the sum of a business’ online activities and external mentions. Any content that you can find online related to a brand or a legal entity makes up that company’s digital footprint. According to the Consumer Federation…
One of the most significant challenges in the modern procurement sector is supply chain discovery. From increasing magnitude and scope of vendor risk, as well as inconsistent product availability to expanding regulatory frameworks, the complications in the whole process are endless. In an attempt to be more competitive and efficient, many business models resort to off-shoring and outsourcing, becoming more interdependent in their efforts to bridge the supply chain network. Unfortunately, the COVID-19 pandemic, which has been accompanied by the…
The internet is a wonderful place, full of massively important conversations and debates such as: was Will Smith right to slap Chris Rock in the face on arguably the most prestigious stage in the film-making industry? Truly groundbreaking stuff. But shortly before the internet was watching “Slap-that-Celebrity”, there was a raging debate upon whether there are more wheels or doors in the world. It all started on March 5th, 2022, with Twitter user NewYorkNixon tweeted a poll to his followers, telling…
