S&P Global announced on February 20th that it is set to acquire Panjiva, Inc. According to Panjiva’s website, the global supply chain content provider will enhance S&P Global market Intelligence’s robust data and analytical offerings. Panjiva, founded in 2006, was recently named an honoree in Fast Company’s World’s Most Innovative Companies list and states: “For the past decade, the Manhattan-based company has leveraged big data to analyze the complexities of global supply chains, tracing and mapping out the complicated, oft-opaque economic networks that drive the world’s trade, in order to bring much-needed efficiencies and transparency to the system. In 2017, Panjiva rolled out its enterprise platform, called the Supply Chain Graph, which identifies valuable trade patterns and significant risk factors in suppliers, from potential human rights violations to competitive conflicts.”
In an open letter, Panjiva founders Josh Green and James Psota explain why they are joining S&P Global Market Intelligence:
When we got started, “Big Data” wasn’t a thing. Today, it seems that everyone’s talking about leveraging data to make better decisions. But the truth is, global industry is in the earliest stages of figuring out how best to make use of data. In the years ahead, there will be so much more data available, and we will have to work harder to stay on top of it all.
That’s why we’re incredibly excited to join S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI). For over a hundred years, S&P Global has delivered essential intelligence to help their customers make decisions with conviction. The S&P Global Market Intelligence division is the combination of two industry-leading firms – SNL Financial and S&P Capital IQ – and was formed in February 2016. By bringing together broad data, powerful analytics, and deep sector intelligence, S&P Global Market Intelligence offers clients unrivaled insight into the companies and markets they follow.
As part of S&P Global Market Intelligence, we will continue to deliver on our core values to always serve the customer first, invest in the right technology and people, and deliver the highest possible degree of quality data.
Supply Chain Management Review Executive Editor Patrick Burnson, writes in his article about the acquisition: “The value of granular supply chain market intelligence to mainstream investors was made infinitely clear with this week’s announcement that S&P Global will acquire Panjiva, Inc. to enhance its prominent role in the world’s economy.”