Thursday, November 21, 2024

Jabil and Cyferd Unveil ID8 Global

Related stories

Capgemini, Mistral AI & Microsoft Boost Generative AI

Capgemini announced a global expansion of its Intelligent App...

Rackspace Launches Adaptive Cloud Manager for Growth

Rackspace Technology®, a leading hybrid, multicloud, and AI technology...

Theatro Launches GENiusAI to Boost Frontline Productivity

Theatro, a pioneer in voice-controlled mobile communication technology, is...

Denodo 9.1 Boosts AI & Data Lakehouse Performance

Latest release adds an AI-powered assistant, an SDK to...

Health Catalyst Launches AI Cyber Protection for Healthcare

Health Catalyst, Inc., a leading provider of data and...
spot_imgspot_img

Jabil Inc., a global leader in engineering, manufacturing, and supply chain solutions announced ID8 Global, a joint venture with Cyferd Inc., a pioneering AI company specializing in data technology. Together, they are introducing a generative AI-driven, autonomous supply chain and procurement software platform that will transform how industries manage complex logistics, procurement, and operations on a global scale.

The joint venture between Cyferd and a Jabil subsidiary marks the beginning of a new era for AI-driven procurement and supply chain transformation. Combining Jabil’s extensive experience across the global supply chain with Cyferd’s advanced platform capabilities and proprietary self-learning AI engine, Neural Genesis, ID8 Global’s customizable software solution presents a unique value proposition for supply chain and procurement practitioners within any organization.

The platform is set to allow teams to autonomously manage their complex, multi-tiered supply chains with exceptional speed and precision. Companies can then proactively address disruptions, optimize procurement processes, and respond to market changes in real time – a key competitive advantage in an increasingly disrupted world.

Also Read: Advex AI Raises $3.5M, Launches Revolutionary GenAI Synthetic Data Platform for AI Vision in Manufacturing

“By merging Jabil’s industry expertise with Cyferd’s cutting-edge AI capabilities, we’re not just improving the supply chain; we’re reimagining it,” said Frank McKay, chief procurement and supply chain officer at Jabil. “This platform will help organizations scale faster and adapt to global demands. We’re at the forefront of something truly transformative that will strengthen Jabil’s relationships with its customers and suppliers.”

“ID8 Global will embed AI-driven automation and efficiency gains directly into the core of customers’ procurement and supply chain operations,” added Jeff Austin, vice president of procurement and supply chain services at Jabil. “Through this joint venture, we’re driving smarter, more sustainable decision-making workflows across the supply chain ecosystem and building the foundation for autonomous, resilient supply chain management.”

“Our alliance with Jabil through this joint venture redefines what’s possible in supply chain and procurement management,” said Ranjit Bahia, CEO at Cyferd. “With Cyferd’s self-learning engine, which can create AI agents and applications in minutes, we’re creating dramatic efficiencies in digital transformation and seamless data integration within organizations. Paired with Jabil’s unparalleled knowledge and decades of expertise, we’re creating one of the most advanced self-learning platforms on the planet. This is a leap forward for flexible, proactive supply chain operations.”

SOURCE: Businesswire

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img