target audience: TECH BUYER Publication date: Jul 2024 - Document type: IDC Perspective - Doc Document number: # US51849724
How AI Can Improve IT Sourcing and Procurement
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Abstract
The IDC Perspective explores the transformative potential of AI in IT sourcing and procurement, highlighting its ability to enhance efficiency, productivity, and decision-making. With examples from McKinsey, Deloitte, and SAP Ariba, the document underscores the growing adoption of AI across industries and its significant benefits in managing a spectrum of technology purchases, from commodities to emerging technologies. It advises CIOs on implementing AI, balancing build-versus-buy decisions, and managing change, aiming for incremental success in AI integration.
"AI transforms IT sourcing and procurement, blending efficiency with innovation for a competitive edge in the digital era," says Dr. Ron Babin, adjunct research advisor with IDC's IT Executive Programs (IEP).