Procurement Analytics Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Procurement Analytics Procurement Analytics Top Companies

The global procurement analytics market size is estimated to hit around USD 38.14 billion by 2033, increasing from USD 4.13 billion in 2023 with a CAGR of 24% from 2023 to 2033. The top companies operating in the procurement analytics are SAP SE, Oracle Corporation, IBM Corporation, Coupa Software, JAGGAER (now part of SAP), Zycus Inc., SAS Institute Inc., BravoSolution (now part of Coupa), Determine, Inc., GEP Worldwide, BirchStreet Systems, Rosslyn Data Technologies, Proactis Holdings, Basware Corporation, Ivalua Inc., and Others.

Market Report Coverage

Procurement Analytics Key Players

• SAP SE
• Oracle Corporation
• IBM Corporation
• Coupa Software
• JAGGAER (now part of SAP)
• Zycus Inc.
• SAS Institute Inc.
• BravoSolution (now part of Coupa)
• Determine, Inc.
• GEP Worldwide
• BirchStreet Systems
• Rosslyn Data Technologies
• Proactis Holdings
• Basware Corporation
• Ivalua Inc.

Recent Developments

In September 2021, Coupa Software unveiled a strategic collaboration with Japan Cloud, marking the inception of a joint venture named Coupa K.K. This partnership positions Coupa to efficiently cater to the increasing demand from Japanese enterprises seeking enhanced efficiency and flexibility through Business Spend Management solutions.

In a parallel development in April 2021, Oracle and SailGP, a premier sailing racing league globally, extended their successful Procurement Analytics platform in anticipation of the league's second season. This expansion underscores Oracle's commitment to providing advanced procurement solutions, contributing to the optimization of SailGP's operations as they navigate the complexities of their global sporting events.

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