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
Samsung Research Reveals Over Half of Europeans Admit to Looking at a Stranger's Phone Screen in Public – With Nearly a Quarter Doing so out of Sheer Curiosity1.4.2026 08:00:00 CEST | Press release
From dating apps to financial details, respondents report seeing a wide range of highly personal information on others' screens 56% of people admit to having looked at strangers’ phone screens accidentally, whereas 24% have done so out of curiosity. 57% identify public transport as the most likely place to notice someone else's screen. While 48%* feel confident they can keep their phone activity private when using it in crowded places, another 52%** acknowledge it is easy to see someone’s screen who is next to you in a public place without trying to look. 33% say they have seen personal content on a stranger’s phone in public. Some smartphone users who have looked at a stranger’s phone screen in public ignore and continue what they were doing (28%) or look away immediately (27%), but others (7%) admit to continuing to look discreetly. The new Samsung Galaxy S26 Privacy Display1 limits side-angle viewing of your screen to protect your privacy in any setting. As millions of Europeans2 ge
RevolKa Reimagines Antibody Engineering with "RevoAb®"1.4.2026 06:30:00 CEST | Press release
A Same-day Sequence Optimization Service to Elevate Antibody Expression Levels by RevolKa’s advanced AI Protein Engineering Engine RevolKa Ltd. (RevolKa), a venture-backed biotech company providing an advanced AI protein engineering technology platform, called aiProtein®, is pleased to announce the official global launch of RevoAb®, an innovative and quick online service for antibody sequence optimization to solve challenges in physicochemical properties, especially antibodyyields. RevoAb®:The Next-Gen AI Antibody Design Since December 2023, RevolKa has provided an antibody optimization services utilizing aiProtein®. The newly launched RevoAb® is a quick intuitive online antibody sequence optimization service that integrates RevolKa’s core technology—the "Refined Naturalness Framework Engineering". RevoAb® is designed to generate antibody framework sequences optimized for improved physicochemical properties, especially protein expression levels, without trade-off of affinity. This allo
Global Beauty Market Grows 10% as AI and E-commerce Reshape Consumer Buying1.4.2026 03:00:00 CEST | Press release
Online sales outpace in-store by 6x as digital-first and AI-influenced commerce accelerates globally NielsenIQ (NYSE:NIQ), a global leader in consumer intelligence, today released its State of Beauty 2026 report, showing the global beauty market grew 10% year-on-year, with E-commerce expanding six times faster than in-store sales. The findings highlight a rapid shift to digital-first, AI-influenced commerce across key global markets. As consumer expectations evolve toward convenience, personalization, and seamless digital experiences, beauty brands are under increasing pressure to adapt. From AI-powered product discovery to social commerce and livestream shopping, the path to purchase is becoming more dynamic—requiring brands to move faster and engage consumers across an increasingly complex ecosystem. Key findings from the State of Beauty 2026 report: Global beauty sales grew 10% year-over-year, driven by strong digital acceleration E-commerce is growing 6x faster than in-store sales,
bet365 Partners with TestMu AI to Accelerate Global Release Velocity with Agentic AI Quality Engineering31.3.2026 19:01:00 CEST | Press release
Streamlines Hillside Technology testing across browsers and mobile devices while supporting rapid expansion into regulated markets. TestMu AI (Formerly LambdaTest), the world's first full-stack Agentic AI Quality Engineering platform, today announced that Hillside Technology Limited, the technology powerhouse behind global online gambling leader bet365, has adopted its platform to unify software testing and support hundreds of weekly production releases. The global online gaming industry is currently experiencing a massive shift, with the market projected to exceed $150 billion by 2030. As mobile gaming becomes the primary touchpoint for users, the technical complexity of delivering a seamless, low-latency experience has grown exponentially. For industry giants like bet365, the need to validate software across an infinite matrix of hardware, screen resolutions, and OS versions is a mission-critical requirement. This partnership ensures that, as gaming becomes more mobile-centric, bet36
IFF Secures First Heart Health Claim for Soy Protein in Australia and New Zealand31.3.2026 16:00:00 CEST | Press release
Regulatory milestone opens heart health growth opportunities for food and beverage manufacturers IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients and health & biosciences announced today that a new heart health claim for isolated soy protein has been accepted by the Food Standards Australia New Zealand (FSANZ). The approval enables food and beverage manufacturers in Australia and New Zealand to link soy protein consumption with healthy blood cholesterol levels. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330523416/en/ First heart health claim approved for soy protein in Australia and New Zealand. “For decades, IFF has invested in the science behind soy protein and its role in supporting cardiovascular health,” said Tony Andrew, vice president of protein solutions for IFF Food Ingredients. “This approved claim validates years of rigorous research and collaboration. With our deep expertise in ing
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