Procurement Technology (ProcureTech) is reshaping how organisations manage sourcing and spend through automation and AI-driven insights. As firms navigate geopolitical uncertainty, regulatory shifts and sustainability demands, ProcureTech is enabling smarter decision-making and greater resilience in procurement operations
In this latest Sector Insights report, the Ciesco team has gathered insights on:
- Market Growth & Forecasts: The global procurement software market is set to grow rapidly, driven by digital transformation and AI adoption.
- Technology & Investment Trends: CPOs are accelerating automation and GenAI investment to streamline processes and enhance efficiencies
- AI Transformation: Key GenAI use cases include spend analytics, sourcing optimization, and contract automation.
- Macro Drivers: Geopolitical volatility, regulation, and sustainability priorities are reshaping procurement strategies.
- Key Players & Innovators: Leaders like SAP, Coupa, and Ivalua are driving AI-enabled procurement platforms and acquisitions.
- M&A Activity: A rise in deal flow and investment underscores sector consolidation and the strategic value of AI in procurement.
- Emerging Themes: AI, resilience, and sustainability define the next phase of ProcureTech growth.
Enquiries
To learn more or discuss further, please connect with our team: Chris Sahota, CEO chris.sahota@ciesco.com and Jack Andrews, Director jack.andrews@ciesco.com
About Ciesco
Ciesco is a leading specialist M&A firm with a focus on the media, technology and healthcare sectors. Headquartered in London and operating globally, Ciesco offers a unique combination at partnership level of senior industry practitioners and sector specialist investment bankers. This enables an extensive network of contacts and strong relationships that reach into organisations worldwide at C-suite sponsor levels. Ciesco is well regarded in the market for its specialist advice derived from the deep understanding of the sector, industry and buyer landscape insights, and execution expertise.