Tradeshift is sample vendor in Gartner’s 2015 Hype Cycle for Procurement and Sourcing

Gartner has listed Tradeshift as a sample vendor in no less than five technology categories in its annual “Hype Cycle for Procurement and Sourcing Solutions, 2015” report. These capabilities include:

  • multi-enterprise grid functionality,
  • all-in-one supplier collaboration platforms,
  • dynamic discounting,
  • e-invoicing,
  • procurement networks.

Procurement and sourcing solutions are designed to support both strategic and operational processes with automation, increased efficiency and improved effectiveness as well as driving compliance and enabling internal and external collaboration.

Tradeshift Head of Solutions Marketing, Vishal Patel:
“We’re humbled and proud to be identified by the analysts at Gartner in five major categories in procurement and sourcing. We are constantly pushing the envelope with innovative solutions that drive greater value for our customers and their suppliers, and Tradeshift believes that this Hype Cycle solidifies that sentiment.”

The Gartner report is designed to help evaluators “understand the maturity, benefit ratings and viability of the various solutions available to help procurement and sourcing use organizations’ money wisely.” The business benefit of a globally-connected collaborative supply chain platform is high, making it an obvious priority for coming investment cycles.

Tradeshifts accelerated growth

Tradeshift has experienced accelerated growth across all aspects of its business in recent months, including new enterprise customers, rapid onboarding of new suppliers, and broadening marketplace of third-party apps and partnerships. Tradeshift is at the forefront of a new discipline in supply chain management. The report can be found on the Gartner webpage.

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