AI by Expana
Expana IQ surfaces the signals you need, speeds up your work, and gets your team to confident decisions sooner.
Faster decisions with AI
Expana has always given you the strongest foundation: the world’s most comprehensive, agri-food data. Then we layered on cost models and forecasting to empower smarter, faster strategic decisions. Now, with Expana IQ, we go one step further: a digital brain that highlights what matters, helps complete the grunt work, and accelerates your path to better decisions.
1. Reduce time-to-insight:
Personalized, contextual insight and smarter commodity search.
2. Better tactical choices:
Quicker, evidence-based inputs into hedging, sourcing and pricing.
3. Accessible analysis:
Make finished goods cost approximations without lengthy modelling cycles.
Expana IQ in action
How Expana IQ is getting leaders in procurement, distribution and product development to confident decisions, sooner:
Procurement
Assemble defensible cost models in minutes – pull inputs, weights and live prices into an editable model that feeds negotiations and buying decisions.
Distribution
Spot market anomalies and regional shifts faster – get concise signals and tactical ideas to protect margin and capture revenue upside.
Product development
Use our live AI cost‑model builder to test formulations and run quick “what‑if” scenarios today, and expect proactive substitution and sourcing suggestions as Expana IQ evolves.
AI you can trust
Some platforms lean heavily on AI to mask shallow data. Expana flips the model: we already run the most comprehensive database in agri-food intelligence. Our tools help turn that data into strategic decisions. With Expana IQ, you can make those decisions faster, and with greater confidence. You don’t get “black box” outputs. You get intelligence that combines human market expertise, verified data, and AI-powered discovery, insights and recommendations.
Find information fast
Locate the exact price series, fundamental and economic data you need from 35K+ datapoints – fast and confidently. Find relevant news – even when you don’t have the exact keywords on hand.
- Intuitive search surfaces relevant series and benchmarks so you don’t miss close matches.
- Smart proxy suggestions offer similar price series when appropriate.
- Your news searches use AI to surface what you’re looking for with less digging.
- Spend less time hunting and more time turning data into decisions.
Convincing context
Quickly understand what drove past price swings, and how news and reports impact your commodities, to help you make better decisions.
- Summaries of relevant commentary, news and reports help explain historical price moves and the possible future impact of news on your commodities.
- Clear notes translate data into negotiation points and help you make strategic decisions.
- Get briefing‑ready context in minutes, not hours.
Your new thought partner
Soon, Expana IQ will act like a colleague that reads the market, connects the dots, and surfaces practical options so you can get the job done.
- Surfaces links between prices and their fundamentals and cost drivers to help you anticipate price and supply/demand changes, giving you the context you need for negotiations or conversations with executive management.
- Practical substitution and sourcing ideas, delivered with data links for quick validation and review.
- Fast Q&A and summarization: ask a question and get a short, sourced answer that searches across Expana’s prices, forecasts and content — a readable brief that brings the evidence together for immediate use.
Cost models in action
Build defensible finished‑goods cost models in minutes and run realistic “what‑if” scenarios using live market prices. Expana IQ can create recipe suggestions and cost component combinations for finished goods you produce in-house or source from a supplier. Spend less time wrangling spreadsheets and more time negotiating, making buying/selling decisions and protecting margin.
Fast, boardroom‑ready models: Expana IQ helps you assemble editable unit‑cost and bill‑of‑materials views that combine commodities, packaging, energy, labor and logistics — ready for briefings and supplier talks.
AI jump‑start: With Expana IQ, enter a product name or description and get a plausible ingredient or input composition to start from. Expana IQ also matches them to specific Expana price series, all just by asking!
Live‑market integration: Expana IQ links live price series and forecasts so you can see real‑time exposure and simulate P&L impact across scenarios.
Scenario analysis: Use Expana IQ to quickly run side‑by‑side scenarios across SKUs or baskets of goods, to facilitate make-or-buy decisions, recipe and regional sourcing decisions.
Trusted by leaders across the food value chain
3,000+ organizations worldwide rely on Expana every day — from retailers and manufacturers to producers and financial services.
Expana is more than a data provider. It’s a decision partner that helps our customers save millions in COGS, protect supply, and create resilience in uncertain times.
See Expana IQ in action
Expana IQ is more than a feature – it’s a new way to work with data. Book a demo and see how the world’s most comprehensive food-related data, paired with AI intelligence, transforms into a competitive edge.
Expana IQ FAQs
Expana IQ is Expana’s AI engine, designed to enhance the functionality of the Expana platform with advanced AI features. It helps users maximize the value of their Expana subscription by sifting through vast amounts of data and content to quickly highlight the most important and relevant information, automating time-consuming tasks, and compiling insights into clear and actionable summaries and reports.
An early version of Expana IQ is already live, powering a range of features in the Expana platform, including search and automated cost model building. Expana IQ is still in active development, and we will be releasing more features over time.
Expana IQ uses a variety of AI techniques and technologies, depending on the specific use case. This includes machine learning models trained on Expana data, natural language processing (NLP) techniques such as embedding models, and large language models (LLMs) to power generative AI use cases.
Expana IQ utilises LLMs provided by established third–party LLM providers, hosted directly within Expana’s private cloud infrastructure on Azure. The specific models used vary by use case and are subject to change over time, as we seek to use the most suitable models for each use case.
No. Expana IQ uses specific models for specific use cases to ensure a high-quality experience. We do not support provider selection.
As with all AI tools, Expana IQ can hallucinate or make mistakes. Whilst we take great care in creating the best products that we can, users are responsible for checking that the outputs from Expana IQ are correct.
AI tools can sometimes behave in ways that are inaccurate, incomplete, or unreliable. For example, the responses that you receive may not accurately reflect the content they are based on, or they may generate content that sounds reasonable but is incomplete.
Expana IQ should therefore be used as a tool, rather than as a definitive authority. We encourage you to think about the situations when you use these features and review the quality of the responses you receive.
Expana IQ’s use of user personal data is governed by Expana’s Privacy Policy and the Data Protection terms between Expana and the subscribing customer.
Expana IQ processes user personal data (such as Expana IQ user chat transcripts, Expana user preferences and user actions on the Expana platform) to provide users with requested information and relevant insights across the Expana platform. We will also process any feedback you choose to provide about Expana IQ features.
We take the privacy and security of your personal data seriously. Any user personal data used by Expana IQ (including Expana IQ user chat transcripts):
– Is not available to other customers and is only used to serve your experience, to help us make improvements to Expana IQ (e.g. fix bugs or issues) and to inform future product development (e.g. based on how users are interacting with Expana IQ).
– Is not sent to any LLM outside of Expana’s private cloud infrastructure and is therefore not accessible by any external third-party LLM provider.
– Is not used to train any LLMs.
Expana IQ user chat transcripts are retained by Expana for one year, unless organisations opt for an alternative retention period. Users can also delete their chats at any time.
Expana IQ features continue to follow Expana’s security practices. All customer data provided to Expana is classified as Confidential and encrypted in transit (at least TLS 1.2) and at rest (at least AES-256 or equivalent). Access is limited to authorised personnel under Expana’s Access Control Policy.
Yes. Expana IQ user chat transcripts are stored to enable users to revisit and continue chats in the future. We also store Expana IQ user chat transcripts to enable us to investigate bugs or issues so that we can improve Expana IQ for all our customers, and to enable us to learn from how users interact with Expana IQ, so that we can inform future product development to benefit all our customers.
However, we give users control over their Expana IQ chat data – users can delete chats at any time by using the controls at the top of each Expana IQ chat window. Further user controls will be rolled out over time.
No. Your Expana IQ chat transcripts are only used to serve your experience. They are not shared between customers.
However, we may review or analyse Expana IQ user chat transcripts to enable us to investigate bugs or issues so that we can improve Expana IQ for all our customers, and to enable us to learn from how users interact with Expana IQ, so that we can inform future product development to benefit all our customers.
No. All LLMs used by Expana IQ are hosted directly within Expana’s private cloud infrastructure on Azure. This enables us to ensure that any information sent to or received from LLMs remains in Expana’s private environment and is not sent to the servers of any third-party LLM providers (such as OpenAI, Anthropic or others).
No. Expana IQ user chat transcripts are not used to train LLMs.
However, we may review or analyse Expana IQ user chat transcripts to enable us to investigate bugs or issues so that we can improve Expana IQ for all our customers, and to enable us to learn from how users interact with Expana IQ, so that we can inform future product development to benefit all our customers.
Expana’s private cloud infrastructure is currently hosted in the US (Azure’s ‘East US’ region). At this point in time, customers cannot choose to be hosted from other regions, but we plan to add support for this in the future.
Yes. You can contact our Customer Success Team to request that Expana IQ is deactivated for your subscription. Please note that AI-powered search features cannot be turned off.