Gartner Research

Hype Cycle for Procurement and Sourcing Solutions, 2018

Published: 18 July 2018

ID: G00340184

Analyst(s): Patrick Connaughton , Magnus Bergfors , Desere Edwards , Kaitlynn Sommers


Application leaders modernizing sourcing and procurement can use this research to understand the maturity and benefits of available technologies. This information will help with prioritizing and justifying operational and strategic solution investments.

Table Of Contents
  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off the Hype Cycle
  • On the Rise
    • Category Management Solutions
    • Blockchain for Procurement
    • B2B Network Intelligence
    • Incident Management for Procurement
    • Smart Contracts
    • Source-to-Settle Embedded Analytics
    • AI for Procurement
    • Freelancer Management Systems
    • Service Governance Solutions
  • At the Peak
    • Project P2P Solutions
    • Supplier Risk Monitoring
    • Contract Analytics
    • All-in-One Supply Collaboration Platforms
    • Robotic Process Automation Software
    • Multienterprise Grid Functionality
  • Sliding Into the Trough
    • Source-to-Pay BPO
    • SOW Services Management Solutions
    • Multidomain MDM Solutions
    • Procurement Savings Management Solutions
    • IT Vendor Risk Management
    • Dynamic Discounting Solutions
    • Mobile Procurement Applications
    • Social Procurement Tools
    • Data Quality for Purchased Parts
    • Supplier Quality Management Applications
    • E-Invoicing
    • Supply Base Management
  • Climbing the Slope
    • Source-to-Settle Solutions
    • Procure-to-Pay Suites
    • MRO Procurement Solutions
    • Contract Life Cycle Management
  • Entering the Plateau
    • Parts and Materials Search and Selection
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

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