Have you ever wondered what truly constitutes artificial intelligence, and what its value proposition is for procurement? Then this webinar is for you! Join us on June 27, 2017 at 2 PM EST for a free webinar, Intelligent Procurement: How Artificial Intelligence Can Expand Value, sponsored by GEP (click to register).
For nearly two decades, B2B technology has evolved to digitize and automate essential business processes and functions, including procurement. More recently, with the rise of Big Data, connected devices, and other advanced business solutions, procurement has the opportunity to leverage more data inside and outside of the enterprise as a way to enhance processes and improve performance. But technologies enabled with machine learning, artificial intelligence (AI), natural language processing (NLP), and other emerging innovations are needed to augment procurement practitioners’ ability to convert these new data streams into intelligence and provide greater value to the enterprise. Ardent Partners has analyzed these new technologies to understand their development trajectory to both make an impact and enter the procurement lexicon. Join Andrew Bartolini, Ardent’s Chief Research Officer, and Matthew York, Research Analyst on Tuesday, June 27 at 2 PM EST for this complimentary webinar (click to register). They will examine the AI opportunity for procurement organizations and present several use cases for intelligent procurement solutions that can help procurement departments make smarter decisions and deliver extended value.
Webinar attendees will gain:
- Clarification on what is and what isn’t true artificial intelligence – including the technologies and capabilities that procurement and supply management professionals have in the field today and will have tomorrow;
- An understanding of how AI is essentially an ecosystem of disparate but interconnected and interdependent innovations and data streams, like process automation, Big Data, data management and analytics, algorithms, machine learning, and NLP;
- Insight into how these “disparate but interconnected and interdependent innovations” coalesce around the concept of true artificial intelligence to form the basis for intelligence procurement;
- Specific use cases that Chief Procurement Officers and procurement practitioners can apply to their day-to-day operations, like using NLP to conduct spend analysis “on the fly,” or applying the intelligent procurement paradigm to supply risk analysis and management.
CPOs and supply management teams are on the cusp of employing one of the most exciting and fascinating technologies since perhaps the rise of digital business solutions. Don’t be late to party – register here!