GREENSBORO, N.C. – May 21, 2024 – Today, apexanalytix, a leading provider of supply chain risk management solutions, announces its partnership with Persistent Marketplace a platform that propels company growth and market entry strategies. This collaboration will enhance the Go-To-Market pace for apexanalytix’s Supplier Risk Management and Intelligent Data offerings through Persistent Systems’ support.

“Persistent Systems is renowned in Digital Engineering and Enterprise Modernization,” said Derek Binnicker, Executive Vice President of Partnerships at apexanalytix. “This partnership underscores our joint commitment to offering cutting-edge technology that creates a unique competitive advantage to companies across the globe.”

In March 2024, apex announced the launch of the apex Neural Engine, an innovative AI-powered solution poised to shape the future of the supplier management landscape. The apex Neural Engine securely incorporates generative AI into the platform by establishing a built-in P2P expert that knows everything, guides human behavior, and takes immediate action on your behalf. Persistent having expertise in the Generative AI Era, provides unparalleled visibility and control over organization’s supplier ecosystems.

“ The synergy between our companies, with a shared emphasis on AI-driven innovation, enables us to offer our customers a more comprehensive, proactive, and intelligent solutions to managing supplier risk.” said Nitish Shrivastava, SVP & Head of Products at Persistent Systems. “At the same time, we will leverage our global go-to-market capabilities to accelerate the adoption of these cutting-edge supplier risk management solutions worldwide.”

Leveraging its extensive network and industry expertise, Persistent Systems offers clients unparalleled technical acumen and a proven track record in developing and overseeing premier solutions and applications. The alliance with apexanalytix reinforces the shared dedication of both companies to provide top-tier solutions. Utilizing apexanalytix’s broad array of offerings, such as Supplier Management, Cyber, Risk, and ESG, the partnership aims to enhance operational efficiency and forge the future trajectory of their clients’ enterprises.

For more information about apexanalytix’ s suite of industry-leading solutions, visit


About apexanalytix®

apexanalytix is a pioneer in the supply chain software, data, and analytics markets with data-powered software and services for supplier management, fraud prevention, and overpayment recovery. Today, apex serves over 300 Fortune 500 and Forbes Global 2000 companies, protecting more than $9 trillion of annual spend across the world’s most complex supply chains. apex’s leading suite of products includes its supplier management platform, which fully automates supplier on-boarding, master data management, and continuous monitoring of supplier and supply chain risk, throughout the supplier life cycle.

About Persistent

With over 23,800 employees located in 21 countries, Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as taking actions that advance societal goals. With 268% growth since 2020, Persistent is the fastest-growing Indian IT Services brand according to Brand Finance.

Media Contact

Bianca Repasi

SourceCode Communications for apexanalytix

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