Creactives SpA is a technology company specializing in the cleansing, harmonizing, and enriching of procurement and supply chain data using artificial intelligence (AI). The company primarily serves large enterprises across various industries, including manufacturing, utilities, oil and gas, mining, and logistics. Operating in the global market, Creactives addresses the common pain points of managing large and complex multilingual datasets.

The business model revolves around providing a cloud-based AI platform that personalizes customer data, understands specific company jargon, and offers multiple taxonomy categorization capabilities with high accuracy. The platform natively manages datasets in over 25 languages and features crowd learning capabilities to automatically update the AI model and predict future data trends.

Creactives generates revenue through subscription fees for its AI platform and consulting services. The company helps clients achieve significant cost reductions by enabling granular categorization in a plurilingual environment and managing parts and services related to maintenance, repair, and operations (MRO) spend.

Keywords: AI, procurement, supply chain, data cleansing, data harmonization, multilingual, taxonomy categorization, cost reduction, cloud platform, MRO.