Procurement futurist and expert Dr. Elouise Epstein 🏳️⚧️ today publishes her latest spider chart, also known as the modern procurement platform stack.
We are honored at BlueBean to receive a special innovation mention.
The space is evolving and with the advances of Ai, changes in in business model, and the penetration of digital in B2B transactions, removing bureaucracy in certain processes is now possible. We are doing just that.
Happy Monday, let's start this week off with procurement innovation 🎳
Here's the latest spider chart!
A few notes:
* I am starting to quietly replace some startups that have been on for a while to make way for new innovations 🤫
* I have officially dropped all CLM solutions, those that remain in the space are pursuing next-gen contract intelligence/authoring (but they may not be safe in the next iterations) 🫣
* The center continues to get crowded 🎯
* Quality Imaging Solutions LLC deserves a special shout out for embodying all aspects of procurement (cost, ESG, uniqueness, etc...) 🖨️
* A bunch of new companies that have captured my interest b/c of either how quickly they came to market and/or the uniqueness of the innovation: BlueBean, sligo.ai, Kontractify, ConvergentIS, Cimple 🔭✨
The procure tech market remains utterly exciting and full of inventiveness. Consider this just another way station on our way to the future📡🚀
As always, thank you to Thomas Kline 🤗
#procurement #makingprocurementcool #spidermap
Kearney Shakil Nathoo Lance Younger Sarah Scudder - Sales Leader Turned CMO Steven Michael Cadieux ❤️ Amanda Prochaska ❤️ Shachi Rai Gupta Mark Raffan
-