Latest news with #REV
Yahoo
24-06-2025
- Business
- Yahoo
Meet JAI: JAGGAER Introduces First Intelligent AI Copilot for Procurement Transformation
From assistant to copilot to autopilot, JAI is a human-guided AI orchestrator revolutionizing supply chain management RESEARCH TRIANGLE PARK, N.C., June 24, 2025--(BUSINESS WIRE)--In the vibrant setting of its global customer REV event in Miami, JAGGAER today introduced to customers and partners its latest bold leap forward in enterprise procurement transformation. JAI, pronounced "Jay", an intelligent human-guided AI orchestrator, provides next-level guidance and navigation, but also offers a critical opportunity to deliver new value. JAI is more than an assistant; JAI is an insightful partner for procurement teams. As agentic AI is beginning to reshape global commerce, JAGGAER has reimagined the relationship between procurement and technology. JAI is part of JAGGAER One and an evolution of JAGGAER Assist. JAI is an embedded conversational chatbot powered by LLMs, incorporating Q&A capabilities, PO invoice anomaly detection and Gen AI drafting & summarization with new, more powerful orchestration. With JAI customers will experience intuitive and efficient end-user experiences across the platform - all with an equally important "Human in the Loop". JAGGAER customers can start using JAI Assist today, a conversational assistant with contextual coaching that streamlines procurement by answering questions, guiding navigation, and initiating tasks like RFP creation and supplier evaluation. Looking further ahead into 2025, JAI Copilot will offer advanced contextual support, identifying outliers and suggesting actions, with real-time guidance across sourcing, contracting, and supplier management saving hours of analysis – followed by JAI Autopilot, the no code/low code agentic platform for autonomously managing complex procurement workflows to elevate strategic decision-making. This pragmatic evolution offers JAGGAER customers speed and scale they can trust. While previous releases delivered self-service help, knowledge retrieval, and the ability to trigger workflows using natural language, JAGGAER is taking AI capabilities a step further. Beginning this fall, JAI will offer the full orchestration of intelligent features by developing agent orchestrators to handle tasks like forecasting, spend management, cash flow management, contract management, and RFx automation, into a unified, conversational, and outcome-driven experience. JAI has been designed to revolutionize how users engage, decide, and deliver outcomes. While to date AI agents have been mainly able to execute tasks such as PO match and supplier outreach end-to-end, JAI is able to orchestrate those agents in copilot mode with its human users, toward a business goal. JAI thus is a trusted digital advisor that coordinates across domain agents—be it sourcing, contracting, or category strategy. The JAGGAER AI roadmap sees JAI evolve into an autopilot, enabling truly autonomous procurement thanks to their ability to execute adaptive as well as deterministic workflows independently, while users act as high-level overseers and decision-makers. "Today, we're not launching a feature—we're activating the intelligence foundation for JAGGAER's future", says Jon Lawrence, Chief Product Officer at JAGGAER. "This isn't about adding AI to procurement. It's about transforming procurement into an intelligent system—one that learns, adapts, and gets better with every decision. JAI is how we'll scale expertise, accelerate outcomes, and unlock a new era of value for our customers." About JAGGAER: JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce. View source version on Contacts Media Contact: For Jaggaer: Josephine OrnagoEmail: pr@ Cell: +39 3662250305 7
Business Wire
24-06-2025
- Business
- Business Wire
Meet JAI: JAGGAER Introduces First Intelligent AI Copilot for Procurement Transformation
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--In the vibrant setting of its global customer REV event in Miami, JAGGAER today introduced to customers and partners its latest bold leap forward in enterprise procurement transformation. JAI, pronounced 'Jay', an intelligent human-guided AI orchestrator, provides next-level guidance and navigation, but also offers a critical opportunity to deliver new value. JAI is more than an assistant; JAI is an insightful partner for procurement teams. 'Today, we're not launching a feature—we're activating the intelligence foundation for JAGGAER's future', says Jon Lawrence, Chief Product Officer at JAGGAER. Share As agentic AI is beginning to reshape global commerce, JAGGAER has reimagined the relationship between procurement and technology. JAI is part of JAGGAER One and an evolution of JAGGAER Assist. JAI is an embedded conversational chatbot powered by LLMs, incorporating Q&A capabilities, PO invoice anomaly detection and Gen AI drafting & summarization with new, more powerful orchestration. With JAI customers will experience intuitive and efficient end-user experiences across the platform - all with an equally important "Human in the Loop". JAGGAER customers can start using JAI Assist today, a conversational assistant with contextual coaching that streamlines procurement by answering questions, guiding navigation, and initiating tasks like RFP creation and supplier evaluation. Looking further ahead into 2025, JAI Copilot will offer advanced contextual support, identifying outliers and suggesting actions, with real-time guidance across sourcing, contracting, and supplier management saving hours of analysis – followed by JAI Autopilot, the no code/low code agentic platform for autonomously managing complex procurement workflows to elevate strategic decision-making. This pragmatic evolution offers JAGGAER customers speed and scale they can trust. While previous releases delivered self-service help, knowledge retrieval, and the ability to trigger workflows using natural language, JAGGAER is taking AI capabilities a step further. Beginning this fall, JAI will offer the full orchestration of intelligent features by developing agent orchestrators to handle tasks like forecasting, spend management, cash flow management, contract management, and RFx automation, into a unified, conversational, and outcome-driven experience. JAI has been designed to revolutionize how users engage, decide, and deliver outcomes. While to date AI agents have been mainly able to execute tasks such as PO match and supplier outreach end-to-end, JAI is able to orchestrate those agents in copilot mode with its human users, toward a business goal. JAI thus is a trusted digital advisor that coordinates across domain agents—be it sourcing, contracting, or category strategy. The JAGGAER AI roadmap sees JAI evolve into an autopilot, enabling truly autonomous procurement thanks to their ability to execute adaptive as well as deterministic workflows independently, while users act as high-level overseers and decision-makers. 'Today, we're not launching a feature—we're activating the intelligence foundation for JAGGAER's future', says Jon Lawrence, Chief Product Officer at JAGGAER. 'This isn't about adding AI to procurement. It's about transforming procurement into an intelligent system—one that learns, adapts, and gets better with every decision. JAI is how we'll scale expertise, accelerate outcomes, and unlock a new era of value for our customers.' About JAGGAER: JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce.
Business Wire
17-06-2025
- Automotive
- Business Wire
REV Group Promotes Linas Polteraitis to Chief Supply Chain Officer
BROOKFIELD, Wis.--(BUSINESS WIRE)--REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces that Linas Polteraitis has been promoted to chief supply chain officer. He joined REV Group in September 2023 as the vice president of supply chain. Polteraitis will continue reporting to Mark Skonieczny, CEO and president, REV Group. 'Linas has been instrumental in strengthening REV's procurement and supply chain operations,' said Mark Skonieczny, CEO of REV Group. 'Over the course of his tenure, he has built a high-performing team and fostered strong supplier partnerships." Share 'Linas has been instrumental in strengthening REV's procurement and supply chain operations,' said Mark Skonieczny, CEO of REV Group. 'Over the course of his tenure, he has built a high-performing team and fostered strong supplier partnerships. He has proven himself to be a strategic and results-oriented leader, and we are delighted to promote Linas to our Chief Supply Chain Officer.' Prior to joining REV Group, Polteraitis was senior director, supply chain at Otis Worldwide, where he led various strategic initiatives and transformations to generate increased sales and profitability. Before that, he was vice president, purchasing – direct materials at Adient; supply chain management director – Americas at Aptiv; and various progressive leadership roles in purchasing at ZF TRW, DMAX, Ltd., General Motors Corporation, and Isuzu Motors America. With many career highlights and recognitions, Polteraitis received the CEO Award at Otis Worldwide for his activities related to COVID-19 and Global Supply Chain disruption mitigation. He earned his Bachelor of Arts in Supply Chain Management from Michigan State University. About REV Group, Inc. REV Group companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through two segments: Specialty Vehicles and Recreational Vehicles. The Specialty Vehicles Segment provides customized vehicle solutions for applications, including essential needs for public services (ambulances and fire apparatus) and commercial infrastructure (terminal trucks and industrial sweepers). REV Group's Recreational Vehicles Segment manufactures a variety of RVs from Class B vans to Class A motorhomes. REV Group's portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG
New Straits Times
13-06-2025
- Business
- New Straits Times
REV Media Group takes home seven honours at MDA d'Awards
KUALA LUMPUR: REV Media Group (REV) took home seven awards at the Malaysian Digital Association (MDA) d'Awards 2025, including two of the night's highest accolades — Digital Publisher of the Year and the newly introduced Content Agency of the Year. The recognition highlights REV's growing role not just as a leading digital publisher, but also as a full-service content agency capable of delivering data-driven storytelling, branded content and digital campaign solutions across platforms. The Digital Publisher of the Year award reaffirmed REV's editorial leadership in Malaysia's media landscape, where it operates across multiple languages and audience segments with a platform-native content strategy. Meanwhile, the Content Agency of the Year award, a new category this year, recognised REV's evolution into a branded content powerhouse, with the ability to serve clients through integrated digital, video and social-first creative campaigns. Together, the two Silver-tier titles signal REV's dual strength in both public-interest journalism and commercial brand storytelling. ADDITIONAL AWARDS FOR CONTENT INNOVATION In addition to the top awards, REV also won five Bronze honours across performance, innovation and creative execution categories. These included: Best Use of AI & Other Digital Tech Products, for its deployment of AI tools and analytics across editorial and advertising workflows Two wins in Best Use of Content/Advertorial/Native Advertising, reflecting its success in delivering branded stories that resonate with readers A win for Best Use of Digital Marketing Innovation A win in the Best Use of Social Media Platform category for the group's ability to build engagement through culturally relevant, platform-specific content EXEMPLIFYING LEADERSHIP IN DIGITAL MEDIA REV Media Group chief executive officer Samuel Wee said: "This year's wins are very meaningful." "We're honoured to be recognised for the work we do as publishers, but also for our evolution into a content agency that can deliver creative excellence and business impact for our clients. "These awards are a testament to the grit, creativity and discipline of the entire team," he added. Previously, REV won seven awards at the 2024 MDA d'Awards, including Digital Publisher of the Year, and was also honoured in 2023 for its work on election engagement platform MyUndi and its innovation in social media content.
Hamilton Spectator
12-06-2025
- Climate
- Hamilton Spectator
Montreal transit strike leads to extra traffic on some bike paths
MONTREAL - The head of a cycling advocacy group says Montreal's public transit strike has spurred record numbers on the city's bike paths. Jean-François Rheault, CEO of Vélo Québec, says devices installed by the city to count the number of passing bicycles are showing record or near-record levels since the strike began Monday. 'Nobody wanted this strike,' he said. 'But that being said, what we see is that cycling is a solution which is used by Montrealers to get around.' The strike by 2,400 transit maintenance workers has limited bus and metro service to morning and afternoon rush hours and late at night. Partial daylong service will resume Thursday, with some level of service disruptions expected until June 17, with the exception of the upcoming Canadian Grand Prix weekend. Rheault says one bicycle counter on the corner of St-Denis and Rachel streets in the Plateau-Mont-Royal district recorded more than 11,000 trips on Tuesday for the first time since it was installed in 2020, despite a day that included rain and a severe thunderstorm warning. He says some bicycle paths are so crowded that riders are having to wait for more than one traffic light cycle to cross the street. 'We've had several reports from people saying that there were a lot of people on the paths, and it's not necessarily very comfortable,' he said. 'We're reaching situations of overcrowding, which actually translates to the fact that not all cyclists are able to cross at a light.' Information from several dozen bicycle counters around the city recorded 92,871 trips in total on Monday, compared to 80,961 the week before. Tuesday, with rainy weather, recorded fewer rides than the previous week. Although there were no citywide records broken, the data appeared to show spikes in traffic at a few key spots in the city. In addition to the 11,044 trips at Rachel street on Tuesday, the St-Denis/Des Carrières intersection saw 10,228 trips and the Berri/Banq counter reported 7,421. Christian Vermette, the chief executive officer of BIXI Montréal, a service that offers bike rentals and docking stations for short trips, says it added extra capacity to meet the demand just in time for the 'busiest day in its history' on Tuesday. 'We experienced exceptional ridership this week, with a 35 per cent increase in trips this Monday compared to historical figures and a record 83,897 trips on Tuesday,' Vermette said in an email. While day-to-day numbers can vary due to weather, Rheault said the number of people on Montreal's bicycle paths has been steadily rising in recent years. That growth has been driven by several factors, including a rise in winter cycling and the expansion and popularity of BIXI. Last year, the city's express bicycle path network, called the REV, reported about 1.6 million trips, which was about 100,000 more than the year before, he said. Rheault said the strike is a 'tragedy' for people with limited mobility, but there could be a silver lining. He said events such as the 2019 Paris transit strike and the 2012 flooding of New York's subway system during Hurricane Sandy served as 'turning points' that led to a permanent increase in bike ridership, after people who were forced to turn to cycling out of necessity ended up sticking with it. He said the same thing could happen in Montreal. 'For people getting around on a bike for the first time, I think for them it will be an experience of discovery,' he said. '...Maybe they'll adopt it, maybe they'll adopt it sometimes, maybe they'll never come back, but in any case, these situations where we're forced to review our mobility options don't happen often in life.' This report by The Canadian Press was first published June 11, 2025.
