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Hype Cycle for Procurement and Sourcing Solutions, 2023

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Summary

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 how “procurement organizations can use emerging technology to deliver automation, efficiency and better collaboration with suppliers and stakeholders.”

Learn how autonomous solutions, like Arkestro’s Predictive Procurement Orchestration, have the capability of transforming organizations and securing a competitive foothold for the future.

Check out where we are specifically 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

Procurement organizations can use emerging technology to deliver automation, efficiency and better collaboration with suppliers and stakeholders.

— Gartner® Hype Cycle™ report

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Gartner Disclaimer:
Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2023, By Kaitlynn Sommers, Micky Keck, Et Al., 19th July 2023.

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 and Hype Cycle are a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally 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.