Zycus Named a LEADER in Supplier Value Management Platforms by Independent Research Firm
17.9.2024 17:00:00 CEST | Business Wire | Press release
Report states: “Zycus excels with its Merlin GenAI capabilities for its SVM suite.”
Zycus, a leading provider of GenAI-powered Source-to-Pay solutions, today announced that it has been recognized as a Leader in The Forrester Wave™: Supplier Value Management (SVM) Platforms, Q3 2024. We believe Zycus’ position as a leader in this prestigious report highlights its commitment to innovation and customer success.
The 9 vendors evaluated were rated on 33 criteria covering current offering, strategy, and market presence with Zycus receiving the top score in the strategy category. Zycus also received the highest possible score in 10 criteria including Vision and Innovation.
The report specifically notes:
- “Zycus uses its exceptional understanding of customer demand to offer a comprehensive SVM suite with a strong go-to-market approach and vision.”
- “Zycus has a compelling vision for the SVM space, and its innovation and strategy tie into this, allowing it to win new clients.”
“Zycus is an ideal partner for organizations seeking an SVM platform that emphasizes product innovation and demonstrates strong customer centricity,” states the report authored by Forrester Senior Analyst, Jeffrey Rajamani.
Forrester’s recognition comes on the heels of Zycus’ success in creating the world’s first GenAI-powered SVM Solution Suite.
"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 2 decades," said Aatish Dedhia, Founder & CEO of Zycus. "Our vision for the future of procurement is to continuously evolve and enhance our solutions through cutting-edge GenAI capabilities."
For more information on Zycus’ Supplier Value Management Suite and its position in the Forrester Wave™, click here.
About Zycus:
Zycus is the leader in Source-to-Pay (S2P) solutions, pioneering the world’s first Generative AI (GenAI) powered platform that helps procurement achieve 10X speed and efficiency. It has been a trusted partner of choice for large global enterprises for over two decades and is consistently recognized by leading industry analysts for its organically built, composable and extensible source-to-pay suite.
Its Merlin GenAI Suite automates tactical tasks, empowering procurement teams to focus on strategic initiatives. Additionally, it offers one-of-its-kind conversational AI, Merlin Assist, for business users, integrated with Microsoft Teams to streamline intake management with a user-friendly experience.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240917321370/en/
Contacts
Arnish Shah
Arnish Shah
Associate Director – Marketing
arnish.shah@zycus.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Madinah Hosts Third Umrah and Ziyarah Forum with Strong International Participation16.3.2026 16:10:00 CET | Press release
The third edition of the Umrah and Ziyarah Forum will commence in Madinah on Monday, March 30, 2026. The forum is organized by the Ministry of Hajj and Umrah, in partnership with the Pilgrim Experience Program, at the King Salman International Convention Center, with wide participation from business leaders, decision-makers, and specialists in the Umrah and Ziyarah services ecosystem from around the world to exchange expertise and explore ways to further enrich the experience of the Guests of Allah. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260316471639/en/ Madinah Hosts Third Umrah and Ziyarah Forum with Strong International Participation (Photo: AETOSWire) This year’s edition builds on the success of the forum's previous editions, reaffirming its position as a global platform for advancing the Umrah and Ziyarah services ecosystem. It focuses on enhancing services for Umrah performers and visitors, in line with the gro
Capcom’s Official Street Fighter 6 World Championship Tournaments Attract Record-high 20,000 Attendees16.3.2026 14:00:00 CET | Press release
– Capcom aims to accelerate growth of the global competitive scene with a larger total prize pool of over $2.1 million in the upcoming 2026 season – Capcom Co., Ltd. (TOKYO:9697) today announced that Capcom Cup 12 and Street Fighter League: World Championship 2025, its official world championship tournaments to determine the top Street Fighter 6 competitors, which were held at Ryogoku Kokugikan Arena from March 11-15, achieved a record-high of 20,000 attendees, concluding with great success. At Capcom Cup 12, which features matches against individual players, SAHARA (21 years old), who is a first‑year professional player, claimed the championship title in his debut appearance, while in the team-based competition Street Fighter League: World Championship 2025, Japanese representatives REJECT were the winning team. Capcom additionally announced that it will hold next season’s Capcom Cup 13 and Street Fighter League: World Championship 2026 at Ryogoku Kokugikan Arena. Furthermore, the com
Capcom’s Resident Evil Requiem Sales Exceed 6 Million Units!16.3.2026 14:00:00 CET | Press release
– Capcom also plans to release additional game content – Capcom Co., Ltd. (TOKYO:9697) today announced that worldwide sales of Resident Evil Requiem, released on February 27, 2026, now exceed 6 million units, which is the fastest that a title in the series has reached this milestone. Resident Evil Requiem is the latest installment in the Resident Evil series, which offers photorealistic visuals and a deep sense of immersion. Players can enjoy the elevated essence of the survival horror experience by the interplay between intense fear and exhilarating action, made possible by two protagonists. Going forward, Capcom plans to implement several measures, such as ongoing support and additional game content, so players can continue to enjoy the title longer. In addition, the Resident Evil series will celebrate its 30th anniversary on March 22,2026. Capcom is readying various plans for this anniversary to delight series fans, such as a collaboration between Universal Studios Japan and Residen
Helical Fusion Announces Construction Site for Phase 1 of “Helix HARUKA,” Marking Transition to Manufacturing and Assembly of Fusion Hardware16.3.2026 14:00:00 CET | Press release
Advances one of Japan’s leading public-private partnership initiatives for fusion commercialization with NIFS and industrial partners Helical Fusion Co., Ltd. (Head Office: Chuo-ku, Tokyo; CEO: Takaya Taguchi; “Helical Fusion”), a Japanese fusion energy company advancing the Helix Program and developing the Helical Stellarator for commercial fusion power plants, announced the construction site for Phase 1 of Helix HARUKA, its Integrated Demonstration Device. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260316066384/en/ Concept image of Helix HARUKA, Helical Fusion’s integrated demonstration device Phase 1—the magnet demonstration phase—will be built in a dedicated workspace for the joint research group formed by Helical Fusion and the National Institute for Fusion Science (NIFS), located on the NIFS campus. Helical Fusion has already begun manufacturing phase and site build-out, with the aim of conducting coil current (ene
HyperLight Demonstrates Low-Power 1.6T-DR8 TFLN-based Reference Transceiver Assembled by TFC16.3.2026 13:03:00 CET | Press release
HyperLight Corporation (“HyperLight”) today announced a major milestone in low-power optical networking with the demonstration of a 1.6T-DR8 optical transceiver leveraging HyperLight’s TFLN Chiplet™ Platform. The reference module was demonstrated with engineering and manufacturing support from Suzhou TFC Optical Communication Co., Ltd. (SZSE: 300394, or "TFC"). The reference design achieves 20W power consumption in a fully retimed 1.6T-DR8 module, representing approximately 20% lower module-level power compared to alternative technologies. The reduction is achieved through a simple drop-in transmitter implementation based on a single thin-film lithium niobate photonic integrated circuit (TFLN PIC). The TFLN transmitter enables the module to operate using a single continuous-wave (CW) laser, compared to the two to four lasers typically required in conventional implementations. Additional energy savings are achieved through the ability to operate directly from the native low-swing electr
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom