Procurement’s Rising Importance Lifts Demand for Software
Information Services Group, Inc. (III)
Last information services group, inc. earnings: 3/10 04:20 pm
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Source: Business Wire
Enterprises seek holistic platforms that offer agility, analytics and AI for strategic procurement decision-making and operations, ISG Provider Lens™ report says STAMFORD, Conn.--(BUSINESS WIRE)--Global demand for procurement software platforms is rising as procurement becomes more strategic to enterprises, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The 2024 ISG Provider Lens™ global Procurement Software Platforms report finds that, as procurement evolves into a strategic capability, enterprises are setting new priorities when choosing software. They are now seeking platforms that enhance procurement efficiency, adaptability and data-driven insights.“Supply chain disruptions have made the business landscape far more complex and risky in the last few years,” said Robert Stapleton, partner and Business Outsourcing Services lead for ISG. “Companies need an effective procur
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