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Dun & Bradstreet, Jacksonville, Florida, United States: D&B Protect - Dun & Bradstreet

Company: Dun & Bradstreet
Company Description: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses.
Nomination Category: New Product & Service Categories - Business Technology
Nomination Sub Category: Governance, Risk & Compliance Solution
2024 Stevie Winner Nomination Title: D&B Protect
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

    July 2023

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

    Total 343 words used.

    D&B Protect is a supply chain risk platform designed for the North America Public Sector that illuminates sub-tier suppliers and provides real-time insights and risks throughout an entire supply chain to address high-risk vulnerabilities to supply chain fraud, abuse, and exploitation by adversaries.  The solution allows users to build their own supplier relationship views, supply chains, and add context directly inside the product.

    D&B Protect pulls the power of the world’s largest set of proprietary commercial insights and behavioral data from the Dun & Bradstreet Data Cloud, which covers over a half billion private and public organizations globally. The solution applies the innovative visualization of Graph Technology to map complex datasets and rapidly uncovers relationships across diverse datasets, to provide a more holistic view of supply chains and their hidden risks.

    Fueled by machine learning, D&B Protect uses Dun & Bradstreet’s globally connected predictive data to uncover the sub-tiers of a supplier network and evaluate and monitor critical risk areas. With this level of transparency, government agencies can more easily identify verified and disclosable associations between organizations and proactively detect any areas of supply chain fraud or foreign influence concerns at unprecedented speed and scale. D&B Protect also includes Dun & Bradstreet’s Environmental, Social and Governance (ESG) Ranking Datasets, which help agencies perform due diligence when evaluating supplier compliance against several ESG metrics to create healthier, more resilient supply chains.

    D&B Protect empowers customers to see a network of suppliers across relevant dimensions; uncover risk and vulnerability in ever changing economic conditions;  anticipate and prepare for disruptions before they occur; and develop an understanding of risk levels inside the supply chain. The supply chain manager determines colleagues with whom to share and at the level required, such as read/write or read only access. D&B Protect employs dynamic data and unrivaled analytics that empower customers, allowing them to determine their own supply chain depth, set, and change unique tolerance levels for a variety of risks -financial, cyber, foreign influence, compliance - to monitor an illuminated supply chain and set up alerts for material changes.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

    Total 334 words used.

    Having only been introduced to the market last year, D&B Protect helps bring transparency to government agencies with the ability to drill into prime contractor sub-tiers by identifying a variety of financial, compliance and foreign risk factors, among others, to support their mission. With the impact of foreign influence being substantial and state actors influencing supply chains to cause supply chain disruptions, introduce faulty or counterfeit parts, and steal sensitive information, D&B Protect enables the exposure of such risks by leveraging data such as ultimate ownerships, corporate family hierarchies, restricted party screening, geolocation of facilities and trans-oceanic goods shipments.

    D&B Protect identifies sub-tier suppliers at the nth level, allowing the U.S. Government to identify structural risks with mapping not only suppliers to buyers, but also linking parts and commodities to those suppliers, identifying geopolitical risks and other structural concerns which may cause an entire supply chain to fail. By utilizing D&B Protect, the U.S. Government can prepare to mitigate possible supply chain breakage. D&B Protect creates supplier dashboards that can quickly identify the geo-position of suppliers and their corporate ownership and allow the user to drill into a supplier to identify if a potential risk exists with corporate ownership or location.

    D&B Protect provides immediate time to value with the single-solution approach leveraging four key components of sole source of proprietary data, expansive supplier/buyer relationships, packaging and price simplification, and collaboration. Collaborating across supply chain managers and inspecting various supply chains for risks, agencies who leverage D&B Protect will have a simplistic and low cost of entry secure collaboration environment in which to share information and leverage efficiencies of such efforts.

    D&B Protect has been recognized as a top supply chain visibility solution in Supply & Demand Chain Executive’s 2023 Top Software & Tech Awards. The award spotlights new-to-market software and technology solutions in the supply chain space and recognizes those designed to streamline, optimize, and innovate the supply chain and logistics market by incorporating emerging technologies and a path to efficiency.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 50 words used.

    Supply & Demand Chain Executive list of 2023 Top Software & Tech Award winners -  FLOG1223_Top-Software-Awardchart.pdf  

    Press release highlighting D&B Protect receiving Top Tech Award as an innovative solution - Dun & Bradstreet, Inc. - D&B Protect Receives Top Software & Tech Award in Supply Chain Space (dnb.com)

Attachments/Videos/Links:
D&B Protect
URL s3.amazonaws.com/digital.acbusinessmedia.com/FLOG/MISC/FLOG1223_Top-Software-Award%5Bchart%5D.pdf