WHY GEN AI WILL SHAPE FUTURE OF PROCUREMENT CONTRACTS

According to a Gartner survey , AI will play a pivotal role in 50 % of organisations ’ supplier contract negotiations by 2027 . GenAI solutions are expected to enhance procurement efficiency and productivity , empowering professionals with datadriven insights . Gartner recommends steps for leveraging AI in contract management , including transitioning to contract lifecycle management solutions and quantifying contract risks .

HOW IBM & AWS ARE MAKING PROCUREMENT BETTER ACROSS THE WORLD

IBM has expanded its software portfolio to 92 countries in the AWS Marketplace , easing procurement and deployment for clients . The collaboration aims to accelerate digital transformation , offering AI , data technologies , and consulting services globally . Flexible licensing options and tailored solutions enhance scalability , efficiency , and innovation for customers worldwide .

10 July 2024