PUBLISHER: IDC | PRODUCT CODE: 1613780
PUBLISHER: IDC | PRODUCT CODE: 1613780
This IDC Market Note discusses the Zycus Horizon Europe conference, held in Mallorca, Spain, which showcased Zycus' advancements in procurement technology, emphasizing the company's commitment to enhancing value and efficiency. Key highlights included the introduction of "Deep Value Procurement AI" by CEO Aatish Dedhia, the innovative intake management solution integrated with Microsoft Teams, and the Agentic AI Framework for customizable workflows. The launch of ANA (Autonomous Negotiation Agent) marked a significant step in automating sourcing execution. In addition, the AppXtend Store was highlighted for its customization capabilities, allowing users to develop tailored applications. These innovations underscore Zycus' vision of making procurement smarter, more intuitive, and strategically agile, positioning the company at the forefront of procurement technology.Zycus Horizon Europe 2024 showcases groundbreaking AI-driven procurement solutions, transforming efficiency and strategic agility. Innovations like the Agentic AI Framework and ANA could revolutionize procurement processes and drive dramatic business value.