Procurement Insights

FEBRUARY 23, 2025

Therefore, the assertion that 80% of all procurement roles will be gone by 2035 appears to be an overestimation based on current data and projections. billion by 2029, reflecting a CAGR of 13.6%. Instead, these technologies could redefine roles, emphasizing strategic decision-making and relationship management over routine tasks.

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Chief Procurement Officer supply chain software solutions Procurement Contract 52

IBM Supply Chain Blog

DECEMBER 5, 2023

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time. trillion on retail businesses through 2029.

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Supply Chain Efficiency Supply Chain Optimization Data Inventory 90

IBM Supply Chain Blog

OCTOBER 16, 2023

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029. Many stock market transactions use ML.

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Data Innovation Product development Risk 48