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Mid East Info
01-05-2025
- Business
- Mid East Info
Exiger Joins UAE's NextGen FDI Initiative to Enhance Risk and Supply Chain Management Solutions - Middle East Business News and Information
Exiger specializes in advanced technology and data analytics to help businesses manage risk and compliance effectively across various sectors. HE Al Zeyoudi: ' Exiger's entry into the UAE through the NextGen FDI initiative underscores our commitment to fostering a robust ecosystem for innovation and excellence in risk management. Their expertise will be invaluable as we continue to enhance our regulatory frameworks and support businesses in navigating complex global challenges .' Brandon Daniels: 'We are honored to join the NextGen FDI program and look forward to empowering UAE companies to strengthen their position as a global hub for safe commerce.' Abu Dhabi, UAE –2025: The Ministry of Economy has announced that Exiger, a leading provider of AI-powered risk and supply chain management solutions, has joined the UAE's NextGen FDI initiative. The partnership will see Exiger establish its regional headquarters in Abu Dhabi, investing millions into technology and infrastructure while employing over a hundred AI technologists and experts. This latest addition to NextGen FDI will reinforce the UAE's position as a hub for cutting-edge technology and compliance solutions, as well as a global AI Center of Excellence. Exiger was founded with a mission to empower organizations to make informed decisions, leveraging advanced data analytics and AI to provide comprehensive insights into risk management, supply chain compliance and anti-money laundering. With a strong presence across various industries, their innovative approach is set to enhance the UAE's expertise in these areas, in addition to increasing its capabilities in navigating complex compliance and regulatory challenges. HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, remarked, 'Exiger's expansion into the UAE highlights our commitment to creating an inviting environment for innovative technology companies. Their arrival aligns perfectly with the objectives of the NextGen FDI initiative, as we seek to further integrate advanced risk management and supply chain solutions into our economic landscape. Exiger's expertise in leveraging technology for risk management will significantly contribute to our efforts in building a resilient economy that is well-prepared to navigate the complexities of today's global market and future challenges.' Brandon Daniels, CEO of Exiger, stated, 'Exiger is honored to join the UAE's NextGenFDI program, bringing our AI-powered supply chain solutions to their ambitious vision for resilient, adaptive and transparent trade networks. Our technology, designed to illuminate complex supply chains, reveal optimization opportunities and mitigate risks, will empower companies across the UAE to strengthen their position as a global hub for secure and efficient commerce' Exiger was founded in 2013 with a mission to make the world a safer and more transparent place to succeed. Since then, the company has expanded to 1,000 employees across 10 global offices, from Singapore to Washington to Vancouver, serving customers worldwide. Exiger counts 150 of the Fortune 500 and over 65 global government agencies among its clients. In 2023, The Carlyle Group, Insights Partners, and JMI invested $1.2 billion to propel Exiger's rapid growth and AI innovation. Over the past 24 months, Exiger has acquired five supply chain and cyber AI companies, solidifying its position as the largest supply chain risk technology company in the world. As part of the NextGen FDI initiative, Exiger joins a diverse group of over 100 companies focused on future-oriented sectors, including AI, digital infrastructure, advanced manufacturing, smart mobility and transport. The initiative is a cornerstone of the UAE's strategy to diversify its economy and establish itself as a global leader in innovation. The NextGen FDI initiative is designed to attract and support technology-driven companies, providing them with the resources and infrastructure needed to thrive. With a commitment to fostering collaboration and innovation, the initiative aims to create an environment where businesses can flourish and contribute to the UAE's vision for a sustainable and knowledge-driven economy.
Associated Press
01-05-2025
- Business
- Associated Press
Exiger Joins UAE's NextGen FDI Initiative to Enhance Risk and Supply Chain Management Solutions
Exiger specializes in advanced technology and data analytics to help businesses manage risk and compliance effectively across various sectors. ABU DHABI, UAE, May 1, 2025 /PRNewswire/ -- The Ministry of Economy has announced that Exiger, a leading provider of AI-powered risk and supply chain management solutions, has joined the UAE's NextGen FDI initiative. The partnership will see Exiger establish its regional headquarters in Abu Dhabi, investing millions into technology and infrastructure while employing over a hundred AI technologists and experts. This latest addition to NextGen FDI will reinforce the UAE's position as a hub for cutting-edge technology and compliance solutions, as well as a global AI Center of Excellence. Exiger was founded with a mission to empower organizations to make informed decisions, leveraging advanced data analytics and AI to provide comprehensive insights into risk management, supply chain compliance and anti-money laundering. With a strong presence across various industries, their innovative approach is set to enhance the UAE's expertise in these areas, in addition to increasing its capabilities in navigating complex compliance and regulatory challenges. HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, remarked, 'Exiger's expansion into the UAE highlights our commitment to creating an inviting environment for innovative technology companies. Their arrival aligns perfectly with the objectives of the NextGen FDI initiative, as we seek to further integrate advanced risk management and supply chain solutions into our economic landscape. Exiger's expertise in leveraging technology for risk management will significantly contribute to our efforts in building a resilient economy that is well-prepared to navigate the complexities of today's global market and future challenges.' Brandon Daniels, CEO of Exiger, stated, 'Exiger is honored to join the UAE's NextGenFDI program, bringing our AI-powered supply chain solutions to their ambitious vision for resilient, adaptive and transparent trade networks. Our technology, designed to illuminate complex supply chains, reveal optimization opportunities and mitigate risks, will empower companies across the UAE to strengthen their position as a global hub for secure and efficient commerce' Exiger was founded in 2013 with a mission to make the world a safer and more transparent place to succeed. Since then, the company has expanded to 1,000 employees across 10 global offices, from Singapore to Washington to Vancouver, serving customers worldwide. Exiger counts 150 of the Fortune 500 and over 65 global government agencies among its clients. In 2023, The Carlyle Group, Insights Partners, and JMI invested $1.2 billion to propel Exiger's rapid growth and AI innovation. Over the past 24 months, Exiger has acquired five supply chain and cyber AI companies, solidifying its position as the largest supply chain risk technology company in the world. As part of the NextGen FDI initiative, Exiger joins a diverse group of over 100 companies focused on future-oriented sectors, including AI, digital infrastructure, advanced manufacturing, smart mobility and transport. The initiative is a cornerstone of the UAE's strategy to diversify its economy and establish itself as a global leader in innovation. The NextGen FDI initiative is designed to attract and support technology-driven companies, providing them with the resources and infrastructure needed to thrive. With a commitment to fostering collaboration and innovation, the initiative aims to create an environment where businesses can flourish and contribute to the UAE's vision for a sustainable and knowledge-driven economy. Media Contact: Kody Gurfein Chief Marketing Officer Exiger [email protected] View original content to download multimedia: SOURCE Exiger
Zawya
01-05-2025
- Business
- Zawya
Exiger joins UAE's NextGen FDI Initiative to enhance risk and supply chain management solutions
Exiger specializes in advanced technology and data analytics to help businesses manage risk and compliance effectively across various sectors. HE Al Zeyoudi: 'Exiger's entry into the UAE through the NextGen FDI initiative underscores our commitment to fostering a robust ecosystem for innovation and excellence in risk management. Their expertise will be invaluable as we continue to enhance our regulatory frameworks and support businesses in navigating complex global challenges.' Brandon Daniels: 'We are honored to join the NextGen FDI program and look forward to empowering UAE companies to strengthen their position as a global hub for safe commerce.' Abu Dhabi, UAE: The Ministry of Economy has announced that Exiger, a leading provider of AI-powered risk and supply chain management solutions, has joined the UAE's NextGen FDI initiative. The partnership will see Exiger establish its regional headquarters in Abu Dhabi, investing millions into technology and infrastructure while employing over a hundred AI technologists and experts. This latest addition to NextGen FDI will reinforce the UAE's position as a hub for cutting-edge technology and compliance solutions, as well as a global AI Center of Excellence. Exiger was founded with a mission to empower organizations to make informed decisions, leveraging advanced data analytics and AI to provide comprehensive insights into risk management, supply chain compliance and anti-money laundering. With a strong presence across various industries, their innovative approach is set to enhance the UAE's expertise in these areas, in addition to increasing its capabilities in navigating complex compliance and regulatory challenges. HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, remarked, 'Exiger's expansion into the UAE highlights our commitment to creating an inviting environment for innovative technology companies. Their arrival aligns perfectly with the objectives of the NextGen FDI initiative, as we seek to further integrate advanced risk management and supply chain solutions into our economic landscape. Exiger's expertise in leveraging technology for risk management will significantly contribute to our efforts in building a resilient economy that is well-prepared to navigate the complexities of today's global market and future challenges.' Brandon Daniels, CEO of Exiger, stated, 'Exiger is honored to join the UAE's NextGenFDI program, bringing our AI-powered supply chain solutions to their ambitious vision for resilient, adaptive and transparent trade networks. Our technology, designed to illuminate complex supply chains, reveal optimization opportunities and mitigate risks, will empower companies across the UAE to strengthen their position as a global hub for secure and efficient commerce' Exiger was founded in 2013 with a mission to make the world a safer and more transparent place to succeed. Since then, the company has expanded to 1,000 employees across 10 global offices, from Singapore to Washington to Vancouver, serving customers worldwide. Exiger counts 150 of the Fortune 500 and over 65 global government agencies among its clients. In 2023, The Carlyle Group, Insights Partners, and JMI invested $1.2 billion to propel Exiger's rapid growth and AI innovation. Over the past 24 months, Exiger has acquired five supply chain and cyber AI companies, solidifying its position as the largest supply chain risk technology company in the world. As part of the NextGen FDI initiative, Exiger joins a diverse group of over 100 companies focused on future-oriented sectors, including AI, digital infrastructure, advanced manufacturing, smart mobility and transport. The initiative is a cornerstone of the UAE's strategy to diversify its economy and establish itself as a global leader in innovation. The NextGen FDI initiative is designed to attract and support technology-driven companies, providing them with the resources and infrastructure needed to thrive. With a commitment to fostering collaboration and innovation, the initiative aims to create an environment where businesses can flourish and contribute to the UAE's vision for a sustainable and knowledge-driven economy.
Associated Press
25-03-2025
- Business
- Associated Press
Exiger Named Best-of-Breed Solution and Value Leader in Spend Matters 2025 SolutionMap
Exiger Earns Category's Highest Functional Scores in Both Supply Chain Risk Management and Third Party Risk Management WASHINGTON, March 25, 2025 /PRNewswire/ -- Exiger, the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters' 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. Exiger was recognized as a 'Best-of-Breed Solution' and named a 'Value Leader' for the second consecutive release of Spend Matter's biannual report. Exiger received the highest functional scores for both Third Party Risk Management and Supply Chain Risk Management, highlighting the sophistication and maturity of Exiger's platform's capabilities relative to the market. Exiger has also been recognized by Spend Matters as a 50 Providers to Know vendor. 'We applaud Spend Matters' work to conduct a data-driven, independent analysis of the different solutions in a busy market and to spotlight the technologies that deliver real and differentiated value,' said Exiger CEO Brandon Daniels. 'Our customers remain the driving force behind our push to innovate, to develop new capabilities and to deliver more efficiencies, and are therefore inextricable from the success of Exiger's solutions.' 'Selecting procurement and finance technology is getting more and more complicated as vendors continue to innovate in different directions and the market expands into adjacent areas of finance and supply chain,' said Spend Matters Founder Jason Busch. 'Moreover, tech investment stakes are also higher than ever as budgets come under scrutiny and rapid savings/ROI is more important than ever.' Spend Matters' SolutionMap includes both new and established vendors, and compares technologies on two main factors: technical capability and customer ratings. SolutionMap data is acquired through the completion of an in-depth RFI to validate the true capabilities of procurement solutions. The RFI is built by a combination of the Spend Matters analyst team, customers, and consultants to ensure requirements are comprehensive and relevant to procurement tech buyers. Capability definitions, market segments, and capability weightings are determined before issuing the RFI to ensure consistent application across all reviewed vendors' solutions. Spend Matter's RFI requirements cover all elements of a technology, in-depth platform scoring and integrations, supplier experience, and front-end user and administer user experience. About SolutionMap SolutionMap launched in 2017 and is published twice annually. Since then, many procurement professionals have subscribed to Spend Matters Insider and TechMatchSM to gain access to deeper data cuts and vendor intelligence to drive procurement technology selection decisions. See membership comparisons and details here. The Spend Matters website and Insider technology comparison tool allow solution providers, practitioners, consultants and investors to directly compare vendor feature/function and customer scores on a case-by-case basis, allowing for the most informed technology decision making. For more information or to see an Insider demo or become a member, please reach out. Read more about the SolutionMap methodology and see our code of ethics. About Spend Matters — Solution Intelligence for Procurement Spend Matters started as the first blog and social media site in the procurement and supply chain sector and has since grown into the leading source for data-backed technology and solutions intelligence. Serving private and public sector organizations, consultants, private equity and services and solution providers, Spend Matters drives strategic technology purchasing decisions and superior marketing and sales, product and investment outcomes for clients. Spend Matters is the only tech-enabled, proprietary data platform with exclusive IP that serves the global procurement, finance and supply chain technology ecosystem. About Exiger Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger's mission is to make the world a safer and more transparent place to succeed. Empowering its 550 customers across the globe, including 150 in the Fortune 500 and over 55 organizations across the Defense Industrial Base and government agencies, with award-winning AI technology, Exiger leads the way in ESG, cyber, financial crime, third-party and supply chain management and recently achieved FedRAMP® Moderate Authorization. Named one of Fast Company's 2023 and 2024 'Brands That Matter' and recipient of the Third Party Risk Association's 2024 Innovator Award, Exiger's work has been recognized by 50+ AI, RegTech and Supply Chain partner awards. Learn more at LinkedIn. Press contacts:
