Procurement stories - Page 4

Event leaders across APAC are delaying AI translation tools amid mistrust over accuracy, data security worries and mounting budget pressures.

Boards are set to demand tougher ROI and stricter data foundations from AI projects in 2026, as natural language tools reshape data work.

Zoho launches unified spend management and AI-driven billing tools, aiming to give large enterprises tighter control over finances.

Opengear secures SOC 2 Type 2 and ISO 27001 certifications, bolstering trust in its resilient network management and independent control plane.

B2B buyers are rebelling against scripted 'discovery theatre' sales, accusing vendors of wasting time, misusing AI and eroding trust.

Celonis' Pascal Coubard eyes rapid APAC expansion after customers unlock USD $8.1 billion in value with its upgraded process intelligence platform.

Snowflake doubles AWS Marketplace sales to top USD $2 billion in 2025, underscoring surging enterprise demand for integrated data and AI tools.

AI is set to end SaaS dominance by 2026 as firms pay for domain-specific agents and governed cloud usage instead of per-seat software.

By 2026, AI will transform procurement with specialised models, transparent governance, autonomous agents, and new security standards boosting trust and efficiency.

Huawei Cloud launches AI Pioneer Partner Ecosystem Alliance in Singapore to boost practical AI adoption across industries with new infrastructure and partnerships.

Zinit has raised USD $8 million to expand its AI-driven platform that automates procurement, cutting cycle times by 40% and boosting savings by 30%.

RobobAI launches Agent Bob, an AI tool transforming procurement by delivering instant strategic insights via natural language interaction with spend data.

Singapore firms plan to boost AI spending to SGD $18.9m this year, with rising ROI but face challenges in workforce skills and data integration.

Emirates Flight Catering adopts Informatica's cloud-based data platform to boost efficiency, supplier collaboration and sustainability in its meal production.

BRKZ has secured a USD $30 million loan to expand its financing solutions and support the growth of Saudi Arabia's booming construction sector.

Oracle adds new AI agents to Fusion Cloud Applications, boosting supply chain leaders' ability to optimise processes and improve decision making seamlessly.

Oracle has embedded AI agents in Fusion Cloud Applications to boost finance teams' productivity, cut costs, and enhance controls with real-time insights and automation.

Salesforce and AWS are deepening their decade-long collaboration to boost secure AI agent adoption in enterprises, enhancing data, contact centres and procurement.

A survey reveals 73% of supply chain leaders faced supplier disruptions last year, with many turning to AI to curb financial losses and boost resilience.

AI is transforming procurement, shifting focus from 'future-proofing' to being future-ready by boosting agility and resilience amid global disruptions.