Artificial intelligence and Machine Learning Change the Game for Procurement

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Artificial intelligence, machine learning and deep learning are everywhere, and they are ushering in momentous change, altering the way we shop for and consume goods and services in our personal lives. They are also having a tremendous impact on businesses – particularly in the way that buying and selling get done. So what exactly are these technologies? Among the most promising and fast-developing applications of AI is machine learning. And just as its name suggests, it is where computers learn to perform tasks without having been programmed specifically to do them.


Artificial intelligence and Machine Learning Change the Game for Procurement

#artificialintelligence

Artificial intelligence, machine learning and deep learning are everywhere, and they are ushering in momentous change, altering the way we shop for and consume goods and services in our personal lives. They are also having a tremendous impact on businesses -- particularly in the way that buying and selling get done. So what exactly are these technologies? Among the most promising and fast-developing applications of AI is machine learning. And just as its name suggests, it is where computers learn to perform tasks without having been programmed specifically to do them.


What If Your Business Was So Intelligent That Nothing Came As A Surprise

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Artificial intelligence (AI) is gearing up to help business leaders never be blindsided again. It's not that AI will prevent hurricanes, worker strikes, ingredient shortages, or competitor surges. But it could mean companies aren't taken by surprise because employees will have the ability to always make the best decisions, potentially turning major disasters into minor setbacks with reduced risk. This is the kind of world a group of experts envisioned during a roundtable session at the recent SAP Ariba Live event entitled, "Explore the Future of Intelligent Procurement: Getting to Smarter Decisions." Hosted by Drew Hofler, vice president of Portfolio Marketing at SAP Ariba, the breakout delved into how business processes like procurement are scaling new heights in intelligent automation.


SAPVoice: What If Your Business Was So Intelligent That Nothing Came As A Surprise

Forbes - Tech

Artificial intelligence (AI) is gearing up to help business leaders never be blindsided again. It's not that AI will prevent hurricanes, worker strikes, ingredient shortages, or competitor surges. But it could mean companies aren't taken by surprise because employees will have the ability to always make the best decisions, potentially turning major disasters into minor setbacks with reduced risk. This is the kind of world a group of experts envisioned during a roundtable session at the recent SAP Ariba Live event entitled, "Explore the Future of Intelligent Procurement: Getting to Smarter Decisions." Hosted by Drew Hofler, Vice President of Portfolio Marketing at SAP Ariba, the breakout delved into how business processes like procurement are scaling new heights in intelligent automation.


CPO Survey 2018 - Digital Procurement Takes Flight

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For the last 20 years, procurement has slowly been transforming from a tactical, manual process to a strategic digital function. But things are about to take off. According to the results of a new global survey, leading procurement organizations see digitization as the future. And they are investing heavily in technologies that beyond automating things and saving money, can help them drive business innovation and make a difference in the world. "The message is loud and clear," said Prof. Dr. Karsten Machholz, Strategic Procurement & SCM, the University of Applied Sciences Würzburg-Schweinfurt, co-author of What's the Next Big Thing in Procurement.