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FOUNDED

Joel Hyatt CEO , Globality

GLOBALITY

REVENUE : US $ 66.7M EMPLOYEES : 245 CEO : JOEL HYATT

: 2015

With its AI agent , GLO , Globality has created a tool powered by proprietary AI and enhanced with generative AI ( Gen AI ) that can manage billions of pounds of company spend .

It assists employees in making informed decisions when purchasing products and services , addressing the need to reduce costs and improve productivity .

Globality says the bot can streamline various processes , including by replacing timeconsuming RFPs , identifying suitable and diverse suppliers , enforcing company sourcing policies and guiding users along a buying path to consider different sourcing options .

52 September 2024