Exiger Unveils AI-Driven Platform Transforming Supply Chain Management

Exiger, a leading AI-driven supply chain risk management firm, has unveiled a comprehensive AI-built platform that promises to revolutionize the way organizations manage supply chains, readiness, and trade compliance. The new platform, dubbed 1Exiger.AI, is the result of a $1.2 billion investment led by Carlyle, Insight Partners, and JMI Equity in 2023 and follows three strategic acquisitions that significantly bolstered Exiger's proprietary data assets.

Exiger's AI-PDLC (Product Development Lifecycle) enables the company to rapidly develop and deploy advanced agentic AI capabilities. The platform's enhanced agility and continuous development cycle are expected to allow customers to seamlessly update their systems with new functionalities on a daily and even hourly basis. This is akin to how smartphones continually receive updates, ensuring an ever-improving user experience.

According to Brandon Daniels, Exiger’s CEO, the AI-PDLC has transformed the company’s development process. "With AI now writing 95% of first-generation code, we've been able to compress what was estimated to be a three-year, $180 million upgrade into a four-month, $20 million sprint," he said. "This agility positions Exiger as the AI partner for organizations looking to act first and beat the market with pioneering supply chain and procurement automation."

Exiger’s flagship product, 1Exiger, has evolved from a risk management solution into a centralized AI platform. This platform helps organizations manage their entire operating network, from parts to suppliers, regulators, and customers, through an autonomous agentic workforce that learns, adapts, and augments with every decision. The AI-native release hardens Exiger's market position, combining the largest supply chain knowledge asset with three trillion data points, deep expertise from long-term, complex use cases, and trusted deployment in highly regulated environments.

The investment from Carlyle, Insight Partners, and JMI Equity, along with Exiger’s acquisitions, has enabled the company to build a proprietary data universe that surpasses the commercially available data typically used by large language models and off-the-shelf tools. This proprietary data, combined with the AI-PDLC, allows Exiger to create and own its AI future, offering a competitive edge over competitors and new entrants.

Steve Bailey, a Partner at Carlyle and Chairman of Exiger's Board of Directors, commented, "Exiger's AI transformation reflects a forward-looking approach to innovation and a commitment to continually rethinking conventional approaches. The timing of this release is particularly compelling as defense and government customers are increasingly demanding sophisticated AI capabilities for supply chain mapping and decision-making. We believe Exiger is well positioned to meet this growing demand."

Ryan Hinkle, Managing Director at Insight Partners and a Board Member, echoed this sentiment. "Exiger's AI-driven innovation engine generates durable moats, almost at-will, and their AI-PDLC is among the most advanced in the market. Achieving 50% core market growth this year only reinforces our strong conviction in the Exiger team and what they're building."

Bob Nye, a Partner at JMI Equity and Board Member, added, "Exiger embraced its philosophy of innovation-led transformation and reinvented its business ahead of the market. In doing so, the company has created a blueprint for how category leaders can harness AI to unlock new avenues of growth."

With the AI-PDLC automating each stage of development, Exiger has significantly improved the speed, cost, and scale of AI development. The platform now integrates seamlessly with Exiger's secure CI/CD pipeline, built on the world's largest proprietary dataset in supply chain, defense, and corporate intelligence. This has positioned Exiger as a leader in the AI-driven transformation of supply chain and procurement management.

Exiger's AI-driven approach not only hardens its market position but also opens new avenues for growth. The company is now better equipped to serve the needs of defense and government customers who require sophisticated AI capabilities for supply chain mapping and decision-making. Exiger's ability to rapidly develop and deploy new functionalities on a daily and even hourly basis positions it as a key player in the AI-driven future of supply chain and procurement management.