Leading generative AI in Procurement: dSilo's Latest Achievements and Innovation We're thrilled to announce that dSilo.AI has made it on Spend Matters' "Future 5" list, acknowledging startups driving innovation in procurement technology. Our generative AI approach is reshaping the way businesses gain insights and drive value from contracts and procurement systems. Niul Burton, our Chief Growth Officer (left), pictured with Spend Matters Founder, Jason Busch, attended a special reception today held for the “Future Five.” Read our latest press release highlighting our journey and latest accomplishments. Stay tuned for more updates! #SpendMatters #SpendMattersFuture5 #InnovationLeaders #Future5 #dSilo #PressRelease #GenerativeAI #procurement #contracts #contractmanagement #procurementsystems
dSilo.AI
Software Development
Turn your contracts and enterprise data into a cost savings, productivity and compliance engine with AI
About us
dSilo is a Generative AI company that turns your contracts and enterprise data into a cost savings, productivity, compliance and revenue engine. This disruptive technology enables procurement, finance, sales and legal teams to easily and rapidly develop new insights by connecting contractual documents and enterprise data to identify off contract purchasing, missed rebates and discounts, unapproved unit price variances, working capital improvement opportunities, price increase opportunities, compliance gaps and more. dSilo's proprietary and patented deep learning natural language AI technology means an enterprise can get these insights rapidly, and maintain this intelligence on an ongoing basis.
- Website
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http://www.dsilo.ai
External link for dSilo.AI
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- New York
- Type
- Privately Held
- Founded
- 2020
- Specialties
- Artificial Intelligence, Software as a service, Contract Analytics, Enterprise AI, Contract Compliance, Generative AI, Spend Complaince, Spend Analytics, and LLM's
Locations
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Primary
228 Park Ave S
PMB 85078
New York, 10003-1502, US
Employees at dSilo.AI
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Matthew Childress
Chief Strategy Officer
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Rod Robinson
Senior Vice President at Insight Sourcing Group (acquired by Accenture), Founder & CEO at ConnXus (acquired by Coupa), Board Director, Startup Mentor…
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Sharad Malhautra
CEO @ dSilo.AI
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Arjun Chougule
Building an AI platform to accelerate value creation
Updates
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🚀In our latest co-authored piece, ProcureAbility and dSilo explore six steps to approach AI as a game-changing opportunity. Below are three main takeaways we would like you think about: 1️⃣Embrace #GenAI early to unlock value: Be an innovator or early adopter by exploring and experimenting with AI use cases. 2️⃣Commit to learning and upskilling: Focus on acquiring AI skills through training, conferences, and hands-on experience while understanding the technology’s risks and limitations. 3️⃣Align AI adoption with strategic goals: Start small, scale gradually, and align efforts across the organization to drive measurable impact in procurement. #GenerativeAI is not about replacing jobs—it’s about augmenting work, creating opportunities for procurement professionals to build new skills, and delivering greater value to their organizations. 👉 Ready to transform your procurement processes with AI? Start small, dream big, and commit to continuous learning to stay ahead of the curve. #AI #Procurement #Innovation #GenerativeAI #FutureOfWork #DigitalTransformation Sharad Malhautra Jay Gutta Niul Burton Leticia Jasso Salazar Matthew Childress Lahari Veligeti Christopher Becker Michaela G. Vineet Garg Rod Robinson Tom Pauly
Are you fully embracing #AI as an opportunity and not as an opponent? AI is expected to drive 12 million work transitions to high-wage jobs by 2030, resulting in a market environment of job evolution—versus job elimination. Our latest installment of ProcureAbility's Insights blog series, written in partnership with dSilo.AI, "The Future of AI in Procurement," reveals how generative AI is reshaping the procurement landscape and creating unprecedented opportunities for innovation. This installment explores the steps to successfully approach this game-changing technology, including: ➡️Appreciating and embracing the potential: Proactively testing technology capabilities across innovative use cases to recognize AI's transformative potential. ➡️Fostering a commitment to learning: Identify your niche, actively participate in learning opportunities, and advocate for the trainings you need. ➡️Aligning your objectives: Embed generative AI into business plans and establish clear metrics to demonstrate success in procurement technology adoption. The future of procurement is not about replacing human expertise, but rather augmenting it through intelligent technology. 💡Read our blog to explore all 6 steps outlined and learn more about the future of AI in procurement. https://lnkd.in/eZTXUP7J #procurementinnovation #AIinProcurement #procurementleaders
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🌟 What an incredible experience at #DPWAmsterdam! 🌍✨ 2-weeks from DPW and we’re still amazed by the connections and the learnings we’ve made. This conference really gathers innovative minds and explores the future of procurement - from discovering new service providers to listening to insightful and provocative procurement leaders. 🚀 👏A huge thank you to all the speakers, organizers, and attendees who stopped at our booth and made this event unforgettable. dSilo.AI left with new ideas, inspiration, and a network of brilliant people to collaborate with! Until next time, Amsterdam! 💙 #GenAI #Procurement #SupplyChain Sharad Malhautra Jay Gutta Niul Burton Leticia Jasso Salazar DPW Matthew Childress Lahari Veligeti Christopher Becker Michaela G. Vineet Garg Rod Robinson Tom Pauly
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🌟Honoured to announce that dSilo.AI is in the 2024 ProcureTech100!🌟 This recognition is based on our innovation and the real-world impact created for global digital procurement teams. Selected through a rigorous, analytical process including review by over 80 global corporate procurement leaders, digital experts, and B2B investors, the 2024 ProcureTech100 represent the pioneers that are propelling digital procurement forward. Procurement challenges are complex, and require continual digital innovation and evolution to rise to changing customer, economic, and operational demands. We are proud to be recognized as a leader in this digital procurement. 💻 Find out additional details about the 2024 ProcureTech100 here 🔗https://lnkd.in/gmbgsmfh #ProcureTech #Kearney #2024ProcureTech100 #Procurement #DigitalProcurement #AI #Innovation Sharad Malhautra Jay Gutta Niul Burton Matthew Childress Lahari Veligeti Christopher Becker Leticia Jasso Salazar Tom Pauly Rod Robinson Michaela G. Vineet Garg
💯 𝗧𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱! 💯 These organisations deliver exceptional solutions that solve digital procurement, sustainability, risk, and commercial challenges, supercharging procurement, suppliers, and the enterprise across the globe. Now in its fourth year, the ProcureTech100 is an established programme for procurement leaders seeking inspiring, AI powered digital solutions that drive imperative change. The rigorous and independent selection process for the annual cohort combined quantitative and qualitative data together with panels that incorporated the experience of over 80 global corporate procurement leaders, digital experts, and B2B investors. 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬, 𝗶𝗻 𝗮𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 Kearney, 𝗵𝗲𝗿𝗲 🔗 https://lnkd.in/gmbgsmfh 👏 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗮𝗹𝗹 𝘁𝗵𝗼𝘀𝗲 𝘁𝗵𝗮𝘁 𝘄𝗲𝗿𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱! 👏 #ProcureTech #Kearney #2024ProcureTech100 #Procurement #DigitalProcurement #AI #Innovation
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🎉 What an incredible Day 2 at #DPWAmsterdam! The energy, the conversations, and the innovation all around were truly inspiring. A big THANK YOU to the DPW team for organizing such a phenomenal event! 🙌 At dSilo.AI, we were thrilled to share how our AI-driven solutions are #transforming procurement and contract intelligence. From uncovering #hiddenvalue in enterprise contracts to automating payment reconciliations, it was exciting to meet so many of you who are passionate about the future of procurement tech. We’re grateful to everyone who stopped by our booth, engaged with our demos, and explored how we can help unlock real savings and efficiencies. Your curiosity and feedback are what fuel us to keep pushing boundaries! Looking forward to keeping the conversations going and driving innovation together. #DPWAmsterdam #Procurement #ContractIntelligence #GenAI #Innovation #ThankYou ------ Sharad Malhautra Jay Gutta Niul Burton Matthew Childress Lahari Veligeti Christopher Becker Leticia Jasso Salazar Tom Pauly Rod Robinson Michaela Greenan Vineet Garg #Go10x
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Just wrapped up Day 1 at #DPWAmsterdam! We are so excited about the incredible insights and the amazing professional connections made today. Stay tuned for tomorrow’s post about Day 2 at Amsterdam Conference Centre Beurs van Berlage! #GenAI #Procurement #SupplyChain Sharad Malhautra Jay Gutta Niul Burton DPW Matthew Childress Lahari Veligeti Christopher Becker Michaela Greenan Vineet Garg Rod Robinson Tom Pauly
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🌟 Live Update from #DPWAmsterdam! 🌟 Greetings from the heart of the Netherlands. dSilo.AI team kicked-off their experience attending the side-events listening to other industry leaders and thinkers. Dr. Elouise Epstein 🏳️⚧️ launched both the Supplier Experience and ORO Imagine events leaving us, as always, with interesting #insights and #thoughts. Our team is fully ready, soaking up knowledge, and excited to contribute to the vibrant dialogue shaping the future of procurement and supply chain. Stay tuned as we share highlights and key takeaways straight from the event floor! 🔍 #GenAI #Procurement #SupplyChain #LLMs Sharad Malhautra Niul Burton Jay Gutta Matthew Childress Lahari Veligeti Leticia Jasso Salazar Tom Pauly
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⌛ Only one week until #DPWAmsterdam 2024! 🤖 Don't miss the chance to connect with industry leaders, discover innovative solutions, and learn from leaders in procurement. 💻 🚀 Visit dSilo.AI at our booth #30 to explore our latest solutions and how we have trained our #LargeLanguageModels to find new insights, reconcile across systems, and drive new value. 📆 From October 8th to 10th at📍#DPWAmsterdam. See you there! 👋 💼 #Innovation #AI #Procurement #Collaboration #FutureOfAI #DPWAmsterdam #Go10X Niul Burton Jay Gutta Leticia Jasso Salazar Sharad Malhautra Lahari Veligeti Matthew Childress Tom Pauly Rod Robinson
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📣 Get ready to preview cutting-edge solutions from dSilo.AI at 📍 #DPWAmsterdam 2024! As part of our participation, we are excited to offer an exclusive 👀 sneak peek of our #ContractLifecycleManagement (CLM) product. This innovative solution is designed to streamline and enhance your contract management processes, leveraging advanced #AITechnology to drive efficiency and reduce risk. 📈 🚀 Join us at our booth #30 to experience firsthand how our CLM product can transform contract management and help achieve cost savings, boost productivity, and ensure compliance. 💻 #Innovation #AI #Procurement #Collaboration #FutureOfAI #DPWAmsterdam #Go10X Niul Burton Jay Gutta Leticia Jasso Salazar Sharad Malhautra Lahari Veligeti Matthew Childress Tom Pauly Michaela G. Rod Robinson
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Join us at DPW 2024! Leticia Jasso Salazar, dSilo’s Business Development Manager will be attending the event. Leticia has nearly 10 years of experience in project and stakeholder management across several industries with international exposure in US, Latin America, Europe and Southeast Asia. 🌎 🌍 🌏 If you’re attending the event, don’t miss the chance to meet Leticia and our team to discuss how we can drive the future of procurement together. See you there! 👋💼 ➡️ conference.dpw.ai #Innovation #AI #Procurement #Collaboration #FutureOfAI #DPWAmsterdam #Networking Niul Burton Sharad Malhautra Jay Gutta Lahari Veligeti Matthew Childress Tom Pauly Michaela Greenan