Remove Data interpretation Remove Demo Remove Sourcing
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Spend Matters Future 5 2024 – Introducing COVALYZE

Spend Matters

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

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Real-time artificial intelligence and event processing  

IBM Supply Chain Blog

Furthermore, symbolic AI can be designed to reason and infer about facts and structured data, making it useful for navigating through complex business scenarios. Additionally, developments in both closed and open source large language models (LLM) are enhancing AI’s ability for understanding plain, natural language.