UpGuard Releases New AI-enabled Solutions and Appoints Chief Officers to Spearhead Company's Growth Strategy
MOUNTAIN VIEW, Calif., March 11, 2024 /PRNewswire-PRWeb/ -- UpGuard, the globally renowned provider of Third-Party and Supplier Risk Management software, as ranked #1 by G2, today unveiled the release of two innovative AI-powered solutions: Managed Vendor Assessments and Trust Exchange. With 41% of data breaches originating from third-party relationships (World Economic Forum), these new capabilities help organizations safeguard themselves from potential vendor threats and expand upon UpGuard's category-leading Vendor Risk product that monitors over 10 million companies daily.
- "2024 will mark a transformative investment year for UpGuard," affirmed Mike Baukes, CEO of UpGuard.
- "We're proud to introduce these two innovative solutions and excited to welcome three executives whose expertise will be instrumental as we drive forward into our next chapter of growth."
- These new solutions mark the inauguration of a series of investments UpGuard is taking for a new phase of growth and expansion.
- To support this new phase of growth, UpGuard is pleased to announce the appointment of three distinguished leaders to its executive team.