Autonomous sourcing solutions reduce the cycle time to execute sourcing events and increase capacity without adding staff.
About the Report
Curious about this year’s advancements in procurement technology that you might be able to leverage for your business?
In this Gartner® Hype Cycle™ report, Gartner discusses “as procurement aims to add to their technology portfolio, they must balance the need for better digitization across core processes with emerging technologies that can improve speed, agility, and sometimes deliver much needed cost savings.”
Arkestro’s Predictive Procurement Orchestration, has the capability of transforming organizations and securing a competitive foothold for the future.
Check out where we are mentioned in the report as a Sample Vendor for autonomous sourcing, autonomous procurement, and supplier discovery.
Key Takeaways
- The main themes across emerging technologies
- Biggest shifts in the procurement market
- Technology business impacts
- Priority matrix for procurement and sourcing solutions
- What has matured off the Hype Cycle
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WEBINAR
Arkestro Advisory Council: Logistics
With thought leaders from Accenture and a live case study with GAF.Summary: Advisory council members discuss the challenges and strategies surrounding logistics in procurement. They explore how effective competitive bidding and the use of AI-driven tools can...
Arkestro Advisory Council: Logistics
With thought leaders from Accenture and a live case study with GAF.Summary: Advisory council members discuss the challenges and strategies surrounding logistics in procurement. They explore how effective competitive bidding and the use of AI-driven tools can...
Gartner Disclaimer:
Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2024, By Kaitlynn Sommers, Micky Keck, Et Al., 20th June 2024.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner® disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Arkestro.