Exostar Platform Debuts
June 18, 2021
Exostar Platform orchestrates multi-enterprise collaboration through rapid and
robust onboarding; secure access to an ever-expanding suite of applications;
end-to-end data protection, governance, and analytics; and an intuitive, single
pane-of-glass dashboard that serves as the centerpiece for all activity within
the enterprise and its global network of customers, partners, and suppliers.
As the fourth Industrial Revolution, or Industry 4.0, shifts into a higher gear
in the wake of the COVID-19 pandemic, all companies become technology
businesses, which makes digital transformation a top priority. Embracing new
business models, enhancing customer engagement, and delivering new products and
services means enterprises must share higher volumes of more complex information
beyond boundaries, while simultaneously mitigating the risk of doing so.
Organizations in highly-regulated industries must not only protect sensitive
information and intellectual property, but also comply with a growing list of
national security cybersecurity regimes such as ISO 27001, CMMC, NIST 800-171,
and UK Cyber Essentials.
"We designed The Exostar Platform to support the intra- and inter-enterprise
collaboration necessary to fully realize digital transformation. It delivers
clear visibility across multiple applications and all associated data, allowing
for greater operational agility, actionable business intelligence, and
simplified multi-enterprise engagement and collaboration," said Sudeep Dharan,
Exostar's Chief Technology Officer. "The Exostar Platform helps organizations
achieve their critical transformation milestones without sacrificing speed,
compliance, or security."
Leveraging an existing and rapidly expanding community of vetted
manufacturers, sponsors, distributors, providers, and other organizations and
individuals in highly-regulated industries, The Exostar Platform features
multiple modules that allow enterprises to more quickly and securely connect and
interact with their partners and customers through streamlined application and
information access and management:
– Includes pre-defined and custom workflows to conduct the due diligence and
capture the information necessary to determine if a prospective partner is fit
for use, as well as to regularly execute the recertification process
efficiently. Members of the Exostar community can share existing data and
previously completed forms to reduce overhead and speed time to engage.
Secure Access – Ensures the right parties reach the right applications and data
at the right times through identity proofing, credential issuance, multi-factor
authentication, and enforcement of roles and permissions defined by asset
Business Intelligence – Provides a single source of truth by correlating
information across multiple data sources and delivering analytics and actionable
insights through an expanded, configurable dashboard. Metrics, reporting, and
communications include scorecards, order transactions, alerts and notifications,
and forms and certifications.
Applications – Encompasses Exostar and third-party products that support
business-critical processes such as research and development, production, and
distribution. Includes sourcing and procurement, risk management, content
collaboration, and supply chain management capabilities, with more on the
The architecture of The Exostar Platform empowers customers to pick and choose
which modules best map to their priorities and objectives. Together, The Exostar
Platform's integrated modules allow businesses in highly-regulated industries to
seamlessly, securely, and compliantly collaborate with their global networks of
partners and customers, facilitating and promoting the digital transformation
initiatives mandated by Industry 4.0. Enterprises can begin taking advantage of
The Exostar Platform's benefits today.