Showing 152 results
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July 03, 2025Procurement leaders are navigating an increasingly complex landscape, marked by heightened demands for cost efficiency, sustainability, and risk mitigation. Traditional automation tools are no longer sufficient to meet these challenges. Enter Agentic AI – a transformative technology characterized by autonomous decision-making capabilities that can revolutionize procurement processes. In this webinar, our experts Bhanushee Malhotra, Prateek Singh, and Amit Lad delved into the concept of Agentic AI within procurement. This webinar explored the technological landscape, functionalities, and transformative impact of Agentic AI across various procurement processes. Attendees gained clarity on Agentic AI’s role, potential benefits, and key considerations for successful implementation. What questions did the webinar answer for the participants? What is Agentic AI, and how does it differ from traditional procurement automation tools? Which procurement processes are most suitable for Agentic AI adoption? What are the various Agentic AI use cases currently offered by procurement technology providers? What are the essential functionalities and capabilities to look for in AI agents within procurement solutions?
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June 06, 2025Procurement leaders today face multifaceted challenges marked by macroeconomic uncertainties, geopolitical turmoil, evolving regulations, cost pressures, and supply chain volatility. Amid these challenges, they are expected to optimize savings, manage supplier risks, ensure compliance, and meet sustainability goals – all while constrained by fragmented, reactive legacy systems. These legacy procurement systems fall short, often leading to reactive decisions, poor visibility, compliance lapses, and operational inefficiencies. This Viewpoint introduces Systems of Execution (SoE) as the next evolution for procurement: an intelligent, autonomous decision-execution framework orchestrating AI agents and operating seamlessly across the Source-to-Pay (S2P) value chain. By overlaying and embedding SoE capabilities into existing systems, procurement organizations can shift from static, reactive processes to dynamic, proactive workflows, enabling an intelligent, autonomous, agile, and execution-oriented procurement ecosystem. Scope All industries and geographies Contents In this report, we explore: SoE-led procurement transformation Functional transformation across the S2P value chain An implementation roadmap for procurement Strategic considerations for chief procurement officers
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April 09, 2025In today’s dynamic talent market, organizations must actively monitor key roles and skills, both in-demand and emerging, to enable strategic workforce planning. Higher demand may indicate more significant competition for talent or a higher risk of attrition, making it vital to analyze talent demand trends to anticipate external competition and identify leading industries for talent acquisition. Everest Group’s half-yearly report offers insights into monthly IT services talent demand trends across India, highlighting top industries, roles, and skills based on H2 2024 demand. Leveraging data from our Talent Genius™ tool, this report comprehensively analyzes the current talent market, empowering organizations to stay competitive, plan for future workforce needs, and make informed talent acquisition decisions. Scope Industry: IT services Geography: India Contents In this report, we analyze talent demand trends in India's IT services sector on a national scale. Additionally, we provide detailed profiles of 15 major Tier-1 and Tier-2 cities, offering insights into talent demand trends, top industries, key roles, and essential skills in each location.
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FEATUREDViewpoint
Systems of Execution: Enabling Agentic Revolution in the Enterprise
March 19, 2025Systems of Execution (SoEs) represent the critical missing layer in enterprise AI adoption, transforming isolated AI experiments into a scalable, autonomous execution framework. Traditional enterprise systems store and display information but do not bridge the gap between AI-driven insights and real-time execution. SoEs fill this void by integrating AI-driven decisions directly into operational workflows, ensuring seamless automation at scale. By adopting SoEs, enterprises can enhance real-time responsiveness, operational efficiency, and data-driven agility, unlocking new levels of automation and intelligence across business functions. Everest Group developed this research to address a pressing opportunity: enterprises are investing heavily in AI, yet many have not realized its full potential as it remains primarily an analytical tool rather than an execution engine. The shift toward agentic AI – where AI makes and executes decisions independently – demands an execution layer that integrates data, decision-making, and automation in real time. As organizations look to enhance competitiveness and agility, adopting SoEs will enable them to transform AI from an advisory tool into an active business outcome driver. This shift positions enterprises to scale their AI investments effectively and maximize their impact.
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March 04, 2025Tail spend, characterized by low-value, high-volume purchases, is often overlooked as procurement teams traditionally focus on key suppliers. This leaves tail spend fragmented and unmanaged despite its potential to unlock value through cost reduction, enhanced compliance, and improved operational efficiency. In today’s age of economic uncertainty, supply chain disruptions, and inflationary pressures, neglecting tail spend is no longer an option. Managing tail spend presents challenges such as noncompliance due to weak policy integration, siloed purchasing practices, and data fragmentation that limits visibility. Direct tail spend management is further complicated due to supplier qualification requirements and intricate processes. However, emerging technologies such as AI, analytics, and autonomous sourcing are transforming how organizations address these issues. This report highlights the importance of tackling tail spend, persistent challenges, and strategic approaches for optimization. It demonstrates how digital solutions can revolutionize tail spend management, enabling streamlined processes, improved user experiences, and significant cost savings. The report also identifies key success factors to ensure sustainable improvements, helping organizations unlock the full potential of managing their tail spend. Scope All industries and geographies Contents In this report, we examine: Tail spend management’s importance Modern procurement design principles to effectively manage tail spend Unlocking value through technology in tail spend management Key factors for successful tail spend programs Membership(s) Procurement and Supply Chain Sourcing and Vendor Management
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Tech Vendor Spotlight
Procurement Orchestration – Market Overview and Provider Landscape
March 03, 2025The procurement landscape is evolving rapidly due to macroeconomic pressures, increasing cost constraints, sustainability mandates, and regulatory complexities. Procurement leaders must navigate these challenges while ensuring operational efficiency, mitigating risks, and complying with regulations. However, siloed processes, disjointed technology ecosystems, and the lack of stakeholder visibility hinder procurement effectiveness. Procurement orchestration solutions offer a strategic approach to integrating procurement processes, unifying data, and enabling seamless collaboration between procurement and other business functions. These functions include finance, legal, and IT. Leveraging AI, generative AI, Natural Language Processing (NLP), Machine Learning (ML), advanced workflow automation, and analytics, these solutions enhance visibility, enforce compliance, and drive cost efficiencies. In this report, we analyze procurement orchestration technology, highlighting its role in optimizing procurement workflows, enhancing stakeholder collaboration, and ensuring compliance. The report explores key market trends, adoption drivers, core solution components, and key considerations for selecting orchestration solutions. It assesses leading technology providers and demonstrates successful use cases across organizations. This report equips procurement leaders with essential insights to evaluate, implement, and maximize their procurement orchestration solutions’ value. Scope All industries and geographies Contents In this report, we provide: Assess key providers’ procurement orchestration solutions Evaluate market trends and imperatives shaping the procurement orchestration landscape Analyze use cases, highlighting their implementation and business impact Membership(s) Procurement and Supply Chain Sourcing and Vendor Management
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Jan. 29, 2025This breaking viewpoint provides Everest Group’s view on how AI infusion – integrating AI into existing enterprise workflows – will outpace full AI replacement in key industries. It explores AI's role in financial services, healthcare, and regulatory compliance, where real-time fraud detection, anomaly identification, and instant diagnostics are driving transformation. The viewpoint highlights the advantages of embedding AI within current systems to enhance efficiency, reduce latency, and optimize decision-making. It provides insights into market trends, enterprise adoption strategies, and the evolving regulatory landscape, helping businesses navigate AI-driven innovation while maintaining operational continuity. Membership(s) Available to all membership areas
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Jan. 15, 2025In the evolving business landscape, traditional linear supply chains are increasingly scrutinized for their environmental impact and resource inefficiencies. This viewpoint explores the paradigm shift toward circular supply chains that prioritize sustainability through resource reuse, recycling, and regeneration. It delves into circularity's economic and environmental benefits, such as cost savings from resource recovery and reduced waste disposal expenses. The report also addresses this transition's operational, technical, and strategic complexities. A significant focus is placed on the role of advanced technologies – data analytics, internet of things, and blockchain – in overcoming these challenges and optimizing circular supply chain operations. Additionally, it underscores the importance of third-party providers in offering specialized expertise and innovative solutions to guide businesses through adopting circular practices. This viewpoint is valuable for C-suite executives and business leaders, providing actionable strategies to integrate circular practices across supply chain operations and navigate the future of supply chains. Scope All industries and geographies Contents In this report, we examine: Linear supply chain barriers Circular supply chains and key drivers Key interventions enabling circular supply chains, including process interventions and technology enablers Providers’ role in enabling circularity Memberships Procurement and Supply Chain Sustainability Technology and Services
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Jan. 13, 2025Enterprises are increasingly adopting advanced tools for supplier risk management to gain greater visibility into risk factors, ensure compliance with regulatory standards, and proactively mitigate supplier-related risks. These technology tools, with their precision, efficiency, and responsiveness, significantly enhance risk management activities across the supplier base. The market report offers several solutions, including best-of-breed tools and comprehensive source-to-pay and source-to-contract suite providers. These solutions offer varying customizability and configurability levels and, thus, capabilities and functionality. However, enterprises often struggle to effectively navigate this vast landscape to select, implement, and optimize these solutions. In this report, we examine supplier risk management technology solutions and the AI-driven sourcing technology landscape. The report highlights AI’s role in enabling informed decision-making for supplier risk management and adopting relevant tools and technologies. Scope All industries and geographies This research leverages our interactions with nine leading supplier risk management technology providers worldwide Contents In this report, we: Examine adoption drivers for supplier risk management tools Assess technology providers’ capabilities Analyze provider profiles Membership(s) Procurement and Supply Chain Sourcing and Vendor Management
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State of the Market
Procurement Outsourcing (PO) State of the Market 2025 – Building the Future with Digital- and Service-led Innovation
Jan. 07, 2025The procurement function is increasingly recognized as a strategic enabler, addressing cost optimization, adapting to changing customer needs, and fostering collaboration with adjacent functions such as supply chain and finance and accounting. In 2024, procurement organizations have expressed intent to accelerate digital investments, integrating best-of-breed solutions such as autonomous sourcing tools, intake management, procurement orchestration, chatbots, and supplier management tools into their existing technology stacks. These solutions, powered by AI/ML and generative AI, drive process efficiency, assist decision-making, embed intelligent automation, enhance use experiences, and streamline workflows, while empowering procurement practitioners. Apart from technology providers, service providers are also digitally transforming procurement through S2P platforms, integration tools, and point solutions alongside managed services and advisory focused on enabling procurement transformation. Due to economic uncertainty and slower buyer decision-making, the Procurement Outsourcing (PO) market experienced muted growth in 2023, with potential for resurgence in 2024-25 as first-generation enterprises engage with providers and existing buyers expand scope to include upstream procurement. This research provides comprehensive coverage of the PO market, analyzing regional/industry variations, buyer adoption trends, and growth drivers. It is relevant for stakeholders interested in creating agile and resilient procurement functions with differentiated capabilities, including new buyers / parent organizations exploring procurement outsourcing, providers, and industry influencers such as investors and industry bodies. Scope All industries and geographies Contents In this report, we examine: Procurement challenges and digital imperatives Emerging procurement technologies beyond suites Role of providers as partners in digital evolution PO market overview and adoption trends Key buyer adoption trends Membership(s) Procurement and Supply Chain Sourcing and Vendor Management
