Aera Technology
Aera Technology is the Decision Intelligence company transforming enterprises with AI for decision automation. Its Aera Decision Cloud digitizes and automates decisions in real time and at scale.
Company Info
Address
Phone
Website
50 to Know / 50 to Watch / Future 5
In Their Own Words: Aera Technology
Aera Technology is the Decision Intelligence company transforming enterprises with AI for decision automation.
Headquartered in Mountain View, California with offices around the world, the company was launched in 2017 by two Silicon Valley enterprise technology innovators, CEO Fred Laluyaux and CTO Shariq Mansoor.
The company’s Aera Decision CloudTM is the first patented cloud platform that digitizes and automates business decision making in real time and at scale using AI and machine learning.
Aera Decision Cloud connects procurement, demand, inventory, order fulfillment, logistics, sales and marketing functions, and more – in one integrated platform. It bridges the gap between supply chain and procurement, enabling fast, accurate decisions to achieve holistic business goals. Beyond point solutions that automate specific procurement tasks, Aera Technology provides a transactional procurement system with a supplier collaboration capability sitting on its Decision Intelligence platform to effectively manage not only spend, but also supply – supplier risk, sustainability, disruptions and more, in real time.
Using Aera Decision Cloud, procurement teams can:
–Align day-to-day operations with procurement strategy
–Automate decision making and execution based on business policies and rules
–Collect and organize all cost data to identify the root causes behind unexpected margin dilution
–Improve contract compliance to ensure terms and savings goals are met
–Automate tactical sourcing activities and the evaluation of supplier bids based on price, quality, and more
–Communicate efficiently with all suppliers in one platform to execute and sort transactions