Start Preparing Now for the Impact of AI on Procurement


Archived Published: 27 March 2017 ID: G00325362

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Summary

AI will have a disruptive impact on procurement technology. Application leaders in procurement need to ensure access to the right skills and data to be able to leverage these new capabilities. This research provides recommendations on how to adopt and get value from AI in procurement.

Table of Contents

  • Analysis
  • Impacts and Recommendations
    • AI technologies will add significant value if provided the right platform, so application leaders in procurement need to drive better adoption of foundational procurement solutions
    • Unless application leaders have access to the right analytical and data science skills, procurement organizations will struggle to get value from AI in procurement as a result of not understanding the opportunities and limitations
    • AI technologies' need for data will force application leaders in procurement to identify and ensure access to the necessary internal and external data sources
  • Gartner Recommended Reading
© 2017 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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