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  3. Prewave
Logo of Prewave

Prewave

byPrewave
in Supplier Risk Management Solutions
4.6

Overview

Product Information on Prewave

Updated 13th October 2025

What is Prewave?

Prewave is a software that utilizes artificial intelligence and machine learning to monitor and analyze risks across supply chains by processing data from news articles, social media, and various public sources. The software identifies and assesses risks such as operational disruptions, compliance issues, and reputational threats that may affect suppliers and their networks. It provides insights on events that could impact supply chain continuity, enabling businesses to proactively manage risks, ensure regulatory compliance, and optimize supplier selection and risk mitigation strategies. Prewave supports decision-making processes by delivering timely information and comprehensive risk analysis relevant to supply chain management.

Prewave Pricing

Prewave software follows a subscription-based pricing model, with pricing tiers typically determined by the scale of usage, number of suppliers monitored, and specific features required such as risk management and supply chain insights. The software is offered as Software as a Service and may provide pricing upon request or tailored quotes based on individual business needs.

Overall experience with Prewave

Procurement Associate
500M - 1B USD, Manufacturing
FAVORABLE

“Impressive success story that we had the honor to see develop from the very beginning”

5.0
Nov 13, 2025
Impressive time to market of new products, benchmark in media screening, perfect companion for my daily work in supplier risk management
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 7th March 2025

Prewave is an end-to-end supply chain risk intelligence platform that enables businesses to identify, assess, and mitigate risks across their global supplier networks. Using advanced AI, Prewave analyzes data from over 200 risk categories and 400+ languages to provide real-time insights into potential disruptions. With a global presence, Prewave supports procurement, sustainability, and supply chain professionals—along with risk and compliance teams—in making informed decisions to enhance transparency, resilience, and sustainability. Prewave helps organizations monitor risks from tier-1 suppliers to raw materials, ensuring business continuity and sustainable operations.

Company Details

Updated 7th March 2025
Company type
Private
Year Founded
2017
Head office location
Vienna, Austria
Number of employees
201 - 500
Website
http://www.prewave.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

User Sentiment About Prewave
Reviewer Insights for: Prewave

Prewave Likes & Dislikes

Like

The product is very accessible and easy to use and offers great possibilities for reporting. It is also a great showcase during external audits.

Like

Especially the wide range of functions available in the tool. We do not need different services providers, we have a complete solution with Prewave.

Like

The value of transparency, the outstanding support and the engagement with customers

Dislike

Data quality in regards of company names (often not as registered, makes it more difficult to find the correct one), duplicate site and site groups, Not really the product's fault, but system imminent lack of information for small companies

Dislike

That we are currently unable to filter all our data in combination (e.g. commodties our/supplier region/country, spend, ...)

Dislike

Not super clear what the platform can offer and what the added services/functionalities cost

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Peer Discussions

Prewave Reviews and Ratings

4.6

(14 Ratings)

Rating Distribution

5 Star
57%
4 Star
43%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

3.9

Integration & Deployment

4.2

Service & Support

4.6

Product Capabilities

4.2

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Procurement Associate
    50M-1B USD
    Manufacturing
    Review Source

    Impressive success story that we had the honor to see develop from the very beginning

    5.0
    Nov 13, 2025
    Impressive time to market of new products, benchmark in media screening, perfect companion for my daily work in supplier risk management
  • Supply Chain Associate
    10B+ USD
    Consumer Goods
    Review Source

    All in one solution for Supplier Risk Management

    5.0
    Nov 11, 2025
    The tool offers a wide range of functions for supplier risk management that we can use for both Tier-1 and Tier-N suppliers. Our requests/feedback are taken into account and implemented as best as possible. We see continuously improvments of the tool and new functions.
  • Procurement Associate
    1B-10B USD
    Construction
    Review Source

    Great tool, great people with potential to do more

    4.0
    Nov 6, 2025
    Prewave is a great platform but the people behind and the support given has been part of why it is so good
  • Procurement Manager
    10B+ USD
    Manufacturing
    Review Source

    Supplier Maintained Contractual Promises but Renewal Pricing Raised Concerns

    5.0
    Nov 4, 2025
    Supplier was collaborative & giving promised services as described in the contract.
  • Global Director Supplier Requirments
    10B+ USD
    Consumer Goods
    Review Source

    Extensive Data and Flexible Team Not Balanced by Outdated Visualization Features

    4.0
    Jul 8, 2025
    Great minds, great solution, visualization could require a makeover
Showing Result 1-5 of 15

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  • Magic Quadrant for Supplier Risk Management Solutions

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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