Sunday, 22 September 2024

Zycus Named Leader In Supplier Value Management Platforms By Forrester

KUALA LUMPUR, Sept 19 (Bernama) -- Zycus, a provider of generative artificial intelligence (GenAI)-powered Source-to-Pay solutions, has been recognised as a Leader in The Forrester Wave: Supplier Value Management (SVM) Platforms, for the third quarter of this year.

“Being named a Leader in the Forrester Wave for SVM Platforms is, for us, a testament to our innovation and dedication to meeting customer needs over two decades.

“Our vision for the future of procurement is to continuously evolve and enhance our solutions through cutting-edge GenAI capabilities,” said Zycus Founder & Chief Executive Officer, Aatish Dedhia in a statement.

The nine vendors evaluated were rated on 33 criteria covering current offering, strategy, and market presence with Zycus receiving the top score in the strategy category, while also receiving the highest possible score in 10 criteria including Vision and Innovation.

The report specifically notes that Zycus uses its exceptional understanding of customer demand to offer a comprehensive SVM suite with a strong go-to-market approach and vision.

In addition, Zycus has a compelling vision for the SVM space, and its innovation and strategy tie into this, allowing it to win new clients.

Forrester’s recognition comes on the heels of Zycus’ success in creating the world’s first GenAI-powered SVM Solution Suite and it believes Zycus’ position as a leader in this prestigious report highlights its commitment to innovation and customer success.

-- BERNAMA


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