1. Prewave helps businesses make their entire supply chains more resilient, transparent, and sustainable by monitoring and predicting a wide range of supply chain risks using AI.
2. The Prewave platform provides clients with detailed insights into their suppliers down to raw materials’ providers, helping them mitigate risks and meet regulatory requirements.
3. Prewave’s partnership with Google Cloud has enabled them to scale their business rapidly, develop new features, and expand internationally, ensuring reliability, security, and efficiency in their operations.
Prewave is a company focused on helping businesses improve the resilience, transparency, and sustainability of their entire supply chains. Their platform, powered by AI, monitors and predicts various supply chain risks, allowing clients to make informed decisions and take appropriate actions to mitigate potential disruptions. The platform scans publicly available information in multiple languages to detect early signals of risk events, such as labor unrest or environmental issues, and maps clients’ supply chains from immediate suppliers down to raw material providers.
By utilizing Google Cloud’s managed services, Prewave has been able to build a reliable and secure technology foundation that can handle the vast volumes of data needed to support their platform. They have also leveraged scalable technologies like Google Kubernetes Engine and Cloud SQL to support their SaaS offering and ensure efficient resource utilization and cost savings.
The company has experienced significant growth, expanding their client base and team size, as well as achieving a 100x revenue growth milestone. With the support of Google Cloud, Prewave has been able to seamlessly scale their product and business operations, allowing them to continue expanding into new markets such as Europe and the US.
Moving forward, Prewave plans to further expand internationally and help more companies improve their supply chain transparency, resilience, sustainability, and legal compliance. Their collaboration with Google Cloud has been instrumental in their success, and they are confident that it will continue to bring them significant benefits as they continue to grow and support businesses worldwide.