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A service for global professionals · Monday, December 16, 2024 · 769,447,672 Articles · 3+ Million Readers

Everstream Analytics Named 2024 Top Tech Startup for Advanced Climate Risk Scores Innovation

December 16, 2024 --

Everstream Analytics, the global leader in AI-powered supply chain insights and risk analytics, today was named the winner of this year’s Top Tech Startup award by Food Logistics and Supply & Demand Chain Executive for Climate Risk Scores innovation.

As extreme weather disruptions and increasing temperatures escalate worldwide, climate change now stands as one of the most critical threats to businesses, transportation and communities. From hurricanes to droughts, climate change risk is a pivotal vulnerability throughout the supply chain, impacting logistics, suppliers and operations. Everstream Analytics’ Climate Risk Scores is the first supply chain risk capability on the market to quantify the impact of leading climate indicators and project how identified risk will impact customer supply chains. Integrated into Everstream’s strategic supplier risk assessment solution, Climate Risk Scores leverages data from the Intergovernmental Panel on Climate Change (IPCC) to project scores to varying locations using the following category indicators: tropical cyclone, river flood, sea level rise, heat, fire weather, cold, drought and precipitation. By anticipating future climate projections and adopting proactive strategies - such as diversifying supply sources, enhancing resilience, and incorporating sustainability criteria—companies can better navigate the evolving risks and ensure long-term supply chain continuity.

“This year we’ve witnessed unprecedented weather events wreak havoc on regions throughout the world, including the recent devastation from Hurricane Milton and Hurricane Helene. As extreme weather scenarios worsen, organizations increasingly rely on Everstream to make better informed decisions that mitigate risk and prevent damage to their global supply chains. We are honored to receive this recognition as we continue to innovate in this critical sector,” said Everstream Analytics CEO Corey Rhodes.

A majority of this year’s winners (49%) describe themselves as being in the artificial intelligence (AI) category, with AI-powered automation coming in at No. 2 (47% vs. last year’s 46%). And, winners range in revenue from $1 million to $20 million-plus, with startups beginning operation as early as 2007.

“The logistics industry faces many challenges that affect efficiency, transparency and cost. Many of today's startups are addressing these challenges with innovative solutions that are transforming the supply chain. This award is designed to showcase those startups making a difference in the supply chain space,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.

The full list of Top Tech Startup winners can be found here.

About Everstream

Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous and sustainable supply chain. Everstream’s proven solution integrates with procurement, logistics and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.

About Food Logistics and Supply & Demand Chain Executive

Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum. Go to www.FoodLogistics.com and www.SDCExec.com.

About IRONMARKETS

IRONMARKETS, formerly known as AC Business Media, is a leading business-to-business media and buyer engagement platform with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving, rental, sustainability, landscape, manufacturing, logistics, and supply chain markets. IRONMARKETS delivers relevant, cutting-edge content to its audiences through its industry-leading digital properties, trade shows, conferences, videos, magazines, webinars, and newsletters. It also provides advertisers the analytics, data, and ability to reach their target audience. Learn more at https://www.iron.markets.

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