Jason Foster
AI IN PROCUREMENT
Jason Foster
Founder & CEO Cynozure
“ AI isn ’ t just the future , it ’ s the now ”
“ AI isn ’ t just the future , it ’ s the now ,” says Jason Foster , Founder & CEO of Cynozure . Yet , Cynozure ’ s latest survey ‘ The Path Ahead ’ exposes a major issue ; AI strategy lacks clear ownership .
“ This disconnect between leadership and the need for execution puts organisations at risk of falling behind in a world where innovation waits for no one .” More than 85 % of organisations report that their Chief Data Officer ( CDO ) or Head of Data owns data strategy , but only 25 % say the same for AI . Shockingly , 20 % admit they have no clear AI leadership at all . In a world where AI drives efficiency and innovation , this gap is a serious risk – but Jason also argues it represents an opportunity .
Procurement teams are also feeling the shift . AI is no longer a luxury , it ’ s become an essential . However , its success requires more than investment – it needs strong data governance , AI literacy and executive buy-in . “ This year will undoubtedly bring new challenges , but it will also bring unprecedented opportunities for those who are prepared ,” concludes Jason .
102 March 2025