Industry leaders have been recognised for their impact and innovation in digital procurement across 15 categories, including Social Impact, Customer Satisfaction, Advanced AI, Growth, and Innovation.
LONDON, October 22, 2024
ProcureTech, in association with Kearney, has announced the 2024 ProcureTech100, the definitive 100 pioneering digital procurement solutions. Now in its fourth year, the ProcureTech100 is an established global go-to resource for procurement leaders seeking inspiring, AI powered digital solutions that drive imperative change. Organisations selected represent the most innovative, progressive, and customer centric procurement technologies, and this year’s cohort are supercharging procurement, suppliers, and the enterprise.
The procure tech space continues to be a powerful hub of innovation and inspiration. As we advance to the future, the market continues to grow and contract, a sign of a healthy, dynamic ecosystem", commented Dr. Elouise Epstein, Partner at Kearney.
The rigorous and independent selection process of the annual cohort began with the analysis of more than 5,000 technology, data, and analytical digital procurement solutions across 1000s of key data points sourced from proprietary databases, which narrowed the field to a short-list of organisations across 10 categories. From there, over 80 global corporate digital procurement leaders, digital experts, and B2B investors applied their solution insights and experiences to the short-list. Combined with the quantitative and qualitative data this shaped the 2024 ProcureTech100.
ProcureTech CEO Lance Younger noted,
Organisations selected for this year’s ProcureTech100 continue to push the boundaries of the possible, trailblazing for the industry, offering unrivalled user experience and scalability, solving the most complex and simple procurement challenges.”
Ultimately, the organisations selected for inclusion in the 2024 ProcureTech100 represent a globally diverse group of solutions that have, in 2024, attracted a continued investment, underscoring the relentless focus on solving digital procurement, sustainability, risk, and commercial challenges.
Announced at 3pm BST on Tuesday, October 22nd, the full group can be found on the ProcureTech website here. For access to the live-replay of the announcement, including commentary from industry leaders Lance Younger from ProcureTech and Dr. Elouise Epstein from Kearney, register for the replay.
ProcureTech are on a mission to accelerate and amplify the digital future of procurement, by solving current and emerging challenges that require new thinking and a new platform for procurement leaders, entrepreneurs, and the procuretech ecosystem. Catalysing digital procurement transformation, ProcureTech leverages a proprietary platform connecting solutions, intelligence, and experts to digitally shift procurement performance.
Kearney is a leading global management consulting firm with more than 5,700 people working in more than 40 countries. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and nonprofit organisations.
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