In Case You Missed It … Procurement and Supply Market Roundup

IT supply chain

We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention, and some of our own you may have missed - we may have more from our analysts in the coming days  ...

SynerTrade Paris: The Digital Procurement Revolution Is Calling!

Michael Lamoureux attended the SynerTrade annual Digital Procurement Summit in Paris this week. Read his review of the event, the topics and the platform. “It’s one of the first S2P vendors that have begun to transform its suite into a platform that can integrate best-of-breed solutions and provide the holistic solution that its current, and future, customers will need and that will continue to compete for years to come,” he said. Read in full here.

Google’s jaw-dropping renewable procurement proclamation

Google’s latest procurement deal is for a 1.6-gigawatt package of agreements, including 18 new wind and solar deals across the globe. Of the total, 720 megawatts will come from projects in the United States, including new solar farms in North Carolina (155 MW), South Carolina (75 MW) and Texas (490 MW). This one agreement increases the company’s total renewable procurement by 40 percent to 5.5 GW — enough generation capacity to produce more electricity than what’s required by Lithuania or Uruguay, the press release said. Read more here on GreenBiz.

Spend Matters webinar with GEP – Transforming Direct Procurement

Don’t forget to sign up for our webinar on October 10th with GEP at 3pm. We aim to help procurers confront and tackle the changes and challenges that direct procurement is facing now. Approaches to direct procurement are different from those of indirect, so we will help organisations juggling this complex and high-risk environment to understand what a different approach will look like through harnessing new technology. Read more here and register here.

We attended eWorld Procurement and Supply this week

So lots of coverage to come on some of the presentations on Spend Matters Europe. Here's an overview.

And in other news ...

GuruSquad launching GS RichCopy 360 Enterprise to transform data migration, file backup, real-time file modification and disaster recovery

AP automation solution provider Tipalti announced $76 million in its D round funding

Microsoft took one more step forward in its rivalry with Amazon

Purchase and analytics platform Cledara completes pre-seed round led by pioneering fintech investor

AI Guidelines for public sector buyers created by the Office for AI and the World Economic Forum

Hackett finds stark differences in typical digital procurement use vs. world-class digital transformation

SolutionMap Q3 Launched

Spend Matters has released its Q3 SolutionMap - this is the procurement technology benchmark rankings of 56 procurement software companies across 12 solution categories. SolutionMap evaluates vendors based on equal parts objective technology capability ranking (done by our analysts) and customer feedback scores with set weightings. Read this excellent article too on what the SolutionMap personas mean and how to use them.

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