Procurement Approaches Gen AI with a Skeptical Eye (.PDF Download)

April 15, 2024
As generative artificial intelligence becomes more prevalent in the business world, procurement teams are well positioned to harness its power.

Chief procurement officers (CPOs) are skeptical of artificial intelligence’s power to change the way things have always been done in the procurement field, but that’s not throttling growth in the AI procurement market. In fact, ELINT Market Research says the global AI “intelligence procurement” market surpassed $63.4 billion last year.

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