Dubai, United Arab Emirates
JAGGAER, the global leader in Autonomous Commerce, today announced that it has been named for the third year in a row as a Sample Vendor in the Gartner® Hype Cycle™ for Artificial Intelligence, 2023. The source-to-pay (S2P) technology provider is included in the category of Intelligent Applications.
“We’re incredibly excited to be named by Gartner as a Sample Vendor in this year’s Hype Cycle™ report. We have invested in our vision of Autonomous Commerce for our customers for the past 10+ years and the artificial intelligence we’ve woven across our platform is helping procurement teams be more strategic across the end-to-end source-to-pay process and more agile as they adapt to supply chain and market disruptions,” said Andy Hovancik, CEO and member of the Board of Directors at JAGGAER. “We believe that our inclusion in this report for the third year in a row, especially given industry advancements in artificial intelligence, is a testament to JAGGAER’s strategy to provide intelligent procurement solutions that align buyer needs with supplier capabilities.”
Gartner states, “Artificial intelligence (AI) is the current competitive play for enterprise applications with many technology providers now enabling AI and machine learning (ML) in their products via inbuilt, added, proxied or custom capabilities. Bringing intelligence into applications enables them to work autonomously across a wider range of scenarios with elevated quality and productivity, and reduced risk. Integrated intelligence can also support decision-making processes alongside transactional processes.”
Gartner, Hype Cycle for Artificial Intelligence, 2023, By Afraz Jaffri, 19 July 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Hype Cycle is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About JAGGAER: Autonomous Commerce
JAGGAER is leading the Autonomous Commerce revolution, a self-governing B2B commerce experience between buyers, suppliers, things (IoT) and partners. Over $500 billion worth of goods flows frictionlessly through our Enterprise Commerce Network every year. Leveraging AI and machine learning, our intelligent procurement solutions provide enterprise buyers and suppliers smart-match recommendations that align buyer needs with supplier capabilities. Our solutions autonomously execute many of the repetitive, behind-the-scenes tasks required to facilitate enterprise commerce. We are Networked, Intelligent, Comprehensive and Extensible. We are over 1,100 employees strong, all focused on customer success.