Gartner Research

Hype Cycle for Procurement and Sourcing Solutions, 2019

Summary

Application leaders modernizing an organization’s sourcing and procurement practices should use this Hype Cycle to understand the maturity and benefits of a wide range of available technologies. This information will help them justify and prioritize operational and strategic solution investments.

Published: 07 August 2019

ID: G00369483

Analyst(s): Micky Keck Kaitlynn Sommers Magnus Bergfors Patrick Connaughton

Table Of Contents

Analysis

  • What You Need to Know
  • The Hype Cycle
  • The Priority Matrix
  • Off The Hype Cycle
  • On the Rise
    • Autonomous Procurement
    • Category Management Solutions
    • Cognitive Sourcing
    • Blockchain for Procurement
    • Conversational Platforms in Sourcing and Procurement
    • B2B Network Intelligence
    • Source-to-Settle Embedded Analytics
  • At the Peak
    • Freelancer Management Systems
    • Service Governance Solutions
    • Supplier Risk Monitoring
    • Smart Contracts
    • Advanced Contract Analytics
  • Sliding Into the Trough
    • Multienterprise Grid Functionality
    • RPA in Procurement
    • SOW Services Management Solutions
    • Procurement Savings Management Solutions
    • Dynamic Discounting Solutions
    • Mobile Procurement Applications
    • E-Invoicing
  • Climbing the Slope
    • Supplier Information Management
    • Source-to-Settle Solutions
    • Procure-to-Pay Suites
    • Contract Life Cycle Management
  • Appendixes
    • Hype Cycle Phases, Benefit Ratings and Maturity Levels

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