Babelus Joins 1871 Supply Chain Innovation Lab to Revolutionize Supplier Data

PRESS RELEASE - August 7, 2024 —Babelus , a pioneer in AI-driven supplier data solutions, has been selected to join the prestigious 1871 Supply Chain Innovation Lab 2024 Cohort in partnership with Accenture, McKinsey, and Microsoft. By joining this dynamic community of innovators, Babelus aims to accelerate its growth and deliver even greater value to the supply chain industry.

Babelus' mission is to provide the most comprehensive and insightful supplier profiles available, with a special focus on their technical capabilities. Through advanced AI algorithms and human expertise, the company collects, analyzes, and curates data from a vast array of public and private sources. This strategic alliance will accelerate the development of innovative solutions that address critical supply chain challenges. Together, we will leverage AI to unlock unprecedented levels of data-driven insights, enabling businesses to optimize operations, mitigate risks, and achieve greater resilience. Through access to 1871's extensive network and resources, Babelus can rapidly scale its solutions and bring them to market with increased impact.

Becoming part of this program is a testament to our shared commitment to driving industry transformation. Babelus will receive invaluable advice from 1871 Lab’s partners and corporate clients, laying the groundwork for a future with more efficient, sustainable, and transparent supply chains.

Joining the 1871 Lab ecosystem is a game-changer for Babelus and our customers. It will lead to the development of innovative tools that deliver unparalleled visibility, efficiency, and sustainability across the supply chain.

Luis Juarez, Babelus' CEO.

About Babelus?

Babelus is a leading provider of supplier data, empowering organizations to make informed decisions and mitigate risks. With an unwavering commitment to transparency and accuracy, Babelus delivers actionable insights that drive operational efficiency and strategic advantage, providing reassurance about our values and dedication to our clients.

About 1871?

1871, Chicago's renowned innovation hub and the world's top-ranked private business incubator foster a dynamic environment for innovators across all stages. They aim to empower early-stage, growth-stage, late-stage, and corporate innovators to build exceptional businesses.