Gartner Research

Hype Cycle for Procurement and Sourcing Solutions, 2014

Published: 29 July 2014

ID: G00259978

Analyst(s): Magnus Bergfors, Deborah Wilson

Summary

Procurement, IT and supply chain leaders can use this Hype Cycle to understand the maturity, benefit ratings and viability of the various solutions available to help procurement and sourcing use organizations' money wisely.

Table Of Contents

Analysis

  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off the Hype Cycle
  • On the Rise
    • All-in-One Supply Collaboration Platforms
    • Multienterprise Grid Functionality
    • Commodity Trading and Risk Management
  • At the Peak
    • Data Quality for Purchased Parts
    • Data Science
    • Dynamic Discounting
    • Procurement Savings Management Solutions
    • SOW Services Procurement Solutions
    • Source-to-Pay BPO
    • Mobile Procurement Applications
    • Sustainable Sourcing and Procurement
    • Third-Party Risk Management
    • MDM of Purchased Part Solutions
    • Social Procurement Tools
  • Sliding Into the Trough
    • Application PaaS (aPaaS)
    • Multidomain MDM Solutions
    • E-Invoicing
    • Procure-to-Pay for Indirect Spending
    • Supply Base Management
    • MDM of Supplier Data Solutions
    • Source-to-Settle Solutions
    • Supplier Quality Management Applications
    • Multiple-Work-Stream P2P Solutions
  • Climbing the Slope
    • Enterprise Legal Management
    • Indirect Procurement BPO
    • Enterprise Contract Life Cycle Management
    • Sourcing Optimization
    • Procurement Networks
    • Supplier Portals
    • Parts and Materials Search and Selection
    • Information Exchanges
  • Entering the Plateau
    • E-Signatures
    • Services E-Procurement: Vendor Management Systems
    • Strategic-Sourcing Suites
    • Single-Work-Stream P2P Solutions
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.