Procurement technology leaders can use this research to understand how peers are reacting and approaching generative AI over the next 12-18 months. Download your copy of the new report from Gartner to find out more about how:

• "Procurement expects a 22.7% increase in productivity and 12.5% cost savings over the next 12-18 months from generative AI."
• "A majority of procurement organizations have plans to implement at least one use case of generative AI over the next 12 months."
• "Procurement organizations are allocating approximately 5% of their total budget to experiment with generative AI, inclusive of the technology cost."

Procurement Moves Quickly to Experiment With Generative AI, 25 June 2024, By Kaitlynn Sommers

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