4 Years Running: Arkestro Named a Sample Vendor in 2026 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions

Arkestro has been named a Sample Vendor in the 2026 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions for the fourth year in a row.

This year, Arkestro was recognized in Autonomous Sourcing and Supplier Discovery, two areas we believe are connected to procurement’s shift toward AI-enabled tools that help reduce manual work and navigate a more complex market.

Procurement Technology Is Moving Fast

Procurement leaders are being asked to do more with the time, resources, and data they already have. Markets are volatile. Internal expectations keep rising. And manual processes are harder to defend when teams need to move faster and show impact sooner.

That’s why AI and automation are taking up more space in the procurement technology conversation. The question isn’t whether teams can digitize more of the process. It’s whether technology can help procurement act earlier, reduce repetitive work, and create stronger commercial outcomes.

The Hype Cycle™ gives CPOs a view into how emerging technologies are maturing, where adoption is developing, and what risks leaders should consider as they evaluate what comes next.

What Autonomous Sourcing Changes for Procurement

Autonomous sourcing helps automate more of the event process, from event creation and supplier recommendations to negotiation support, response analysis, and award decisions.

For procurement teams managing high volumes of events, that can change how much work the function can take on. Instead of losing time to repetitive event management, teams can focus more attention on category strategy, stakeholder needs, and the decisions that require human judgment.

This is where the conversation around automation becomes practical. Speed only counts when it helps teams act on more opportunities, respond to changing conditions, and reduce the work that slows procurement down.

The Importance of Supplier Discovery

Supplier discovery also plays into the way procurement is changing as organizations adapt to disruption and shifting business needs.

For many teams, identifying additional supply options still takes too much manual research. The challenge isn’t finding an endless list of suppliers. It’s bringing more useful information into the process early enough to shape the event.

As supplier discovery becomes more embedded in broader procurement platforms, discovery starts to feel less like a separate step and more like a natural part of how procurement plans events, evaluates options, and makes commercial decisions.

Where Arkestro Fits

Arkestro’s continued recognition is meaningful because it lines up with what our customers have already proven in practice.

Predictive Procurement helps teams bring intelligence into the moments where decisions get made, from how events are structured to how negotiations move forward. The goal is to help procurement move faster with less manual effort, while still giving teams the visibility and control they need.

Arkestro customers have reduced manual effort by up to 76% and cut cycle times in half. For teams managing more complexity without adding more resources, those improvements can change what procurement is able to accomplish.

Read the Report

We believe the 2026 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions gives procurement leaders a broader view of the technologies shaping the market, including where AI-powered capabilities are emerging and how CPOs can evaluate adoption.

Download the report to learn more.

Gartner, Hype Cycle for Procurement and Sourcing Solutions, 10 June 2026, By Lynne Phelan, Martin Shreffler, et al.

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