Founded in 2017, Prewave partners with large logistics companies to identify operational risks ranging from supply chain disruptions, factory conditions or environment issues. Prewave relies primarily on Twitter API as the main data pillar for their predictive engine, but combines news from other media sources as well. News and sentiment collected by Prewave range from citizens complaining about pollution or working conditions at a factory, labor unrest from suppliers, or unfair wages for workers in remote locations.
Prewave started with the standard Twitter APIs. Due to the dynamic aspects of their client engagements, Twitter premium APIs opened up an entirely new offering for Prewave to offer as a solution for their clients - on-demand historical analysis. For example, an auto company needed to evaluate a new supplier. They relied on Prewave to run historical analysis on the reputation of the supplier before they signed the agreement.