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Procurement Stories - Page 11

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Luminance opens AI contract tool with clearer reasoning
DevOps

Luminance opens AI contract tool with clearer reasoning

Luminance opens its Autonomous Negotiation AI to non-lawyers, adding detailed reasoning and history for fully automated contract decisions.

By Sean Mitchell • 3 min read • Thu, 12th Mar 2026
AI leaders lack rules & data to scale finance tools
Manufacturing

AI leaders lack rules & data to scale finance tools

AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.

By Karen Joy Bacudo • 4 min read • Thu, 12th Mar 2026
New Relic to open first Japan data centre in Tokyo
Software-as-a-Service

New Relic to open first Japan data centre in Tokyo

New Relic will open its first Japan data centre in Tokyo in July 2026, targeting local data residency, latency and governance demands.

By Sean Mitchell • 5 min read • Thu, 12th Mar 2026
SeeBiz unveils social B2B marketplace for wholesalers
Digital Transformation

SeeBiz unveils social B2B marketplace for wholesalers

SeeBiz launches a social B2B wholesale marketplace, blending product catalogues, ordering tools and feed-based networking for trade users.

By Shannon Williams • 4 min read • Thu, 12th Mar 2026
Sybilion raises USD $4.2m to power industrial decisions
Manufacturing

Sybilion raises USD $4.2m to power industrial decisions

Porto startup Sybilion secures USD $4.2m seed funding to help manufacturers turn volatile market signals into faster, aligned decisions.

By Sofiah Nichole Salivio • 4 min read • Thu, 12th Mar 2026
Conga research links slow quote approvals to lost deals
Digital Transformation

Conga research links slow quote approvals to lost deals

Slow internal quote approvals are derailing nearly half of deals, Conga research finds, as fragmented systems stall revenue and forecasting.

By Sofiah Nichole Salivio • 3 min read • Wed, 11th Mar 2026
Anchr raises USD $5.8m to build AI OS for distributors
Digital Transformation

Anchr raises USD $5.8m to build AI OS for distributors

New York-based Anchr raises USD $5.8m seed round to build an AI-native OS automating core workflows for food distributors worldwide.

By Sofiah Nichole Salivio • 4 min read • Wed, 11th Mar 2026
Smart CT clinches global IT support deals to scale up
Network Infrastructure

Smart CT clinches global IT support deals to scale up

Smart CT lands three global IT support deals covering 65,000-plus devices as it accelerates expansion across Europe, Asia and Australia.

By Kaleah Salmon • 4 min read • Tue, 10th Mar 2026
Goldman Sachs Alternatives backs Schellman expansion
Data Protection

Goldman Sachs Alternatives backs Schellman expansion

Goldman Sachs Alternatives to take stake in Schellman, backing global expansion in AI governance, cybersecurity compliance and digital trust.

By Karen Joy Bacudo • 4 min read • Tue, 10th Mar 2026
Nord Security, Wavelink in ANZ MSP distribution pact
Firewalls

Nord Security, Wavelink in ANZ MSP distribution pact

Nord Security taps Wavelink to distribute its business security suite to MSPs and resellers across Australia and New Zealand.

By Mark Tarre • 4 min read • Mon, 9th Mar 2026
Ivo opens London, New York hubs amid rapid AI growth
Digital Transformation

Ivo opens London, New York hubs amid rapid AI growth

Legal AI firm Ivo opens London and New York offices and plans to triple headcount, after 600% annual recurring revenue growth.

By Sofiah Nichole Salivio • 4 min read • Fri, 6th Mar 2026

Stories from Other Regions

Procurement stories

RFPs drive 40% of enterprise revenue as AI use surges
Digital Transformation

RFPs drive 40% of enterprise revenue as AI use surges

RFPs now touch 40% of enterprise revenue as Loopio reports rising submission volumes and surging generative AI use in bid workflows.

By Shannon Williams • 4 min read • Fri, 13th Mar 2026
AI-ready finance teams still lack rules & data base
Data Analytics

AI-ready finance teams still lack rules & data base

Many 'AI-ready' finance teams lack basic rules and trusted data, leaving advanced tools underused in core processes, research finds.

By Sean Mitchell • 4 min read • Thu, 12th Mar 2026
AI reshapes jobs as firms battle data & governance
DevOps

AI reshapes jobs as firms battle data & governance

AI is boosting jobs and returns for many firms, but poor data readiness, governance gaps and shadow tools threaten to stall progress.

By Sofiah Nichole Salivio • 5 min read • Wed, 11th Mar 2026
Detroit to host ITS America 2026 intelligent transport expo
Smart Cities

Detroit to host ITS America 2026 intelligent transport expo

Detroit will host the four-day ITS America 2026 Conference & Expo, spotlighting intelligent transport, AI and real-world tech deployments.

By Sean Mitchell • 4 min read • Sat, 7th Mar 2026
Property sector seeks clarity on digital ID rules
Data Protection

Property sector seeks clarity on digital ID rules

Property firms warn new UK digital ID rules still lack clear “confidence” levels, risking patchy compliance and confused procurement.

By Kaleah Salmon • 4 min read • Sat, 7th Mar 2026
Most firms unprepared for AI rules as GDPR pressure grows
Data Protection

Most firms unprepared for AI rules as GDPR pressure grows

Most firms admit they are unready for tightening AI rules, with GDPR demands and poor staff training fuelling growing compliance risks.

By Mark Tarre • 4 min read • Fri, 6th Mar 2026