Matchory, the real-time supplier discovery platform, has been recognized by Gartner as a 2023 Cool Vendor for Sourcing and Procurement Technology. According to the report, “Procurement data is dynamic, and organizations struggle to make the most of this important information. Emerging technologies have the potential to enhance data-driven decision-making capabilities for an enterprise.”
Through Big Data, AI, and Machine Learning, Matchory enables procurement and sourcing leaders to find matching suppliers in a fraction of the time versus traditional sourcing methods. With a database of over 10 million suppliers across all regions and industries, enterprises can easily grow their supply base to achieve cost reduction, improved product quality, and more resilient supply chains.
Why This Recognition Matters
Being named a Gartner Cool Vendor highlights Matchory's dedication to revolutionizing supplier discovery and procurement efficiency. In a time when supply chain resilience is more crucial than ever, having access to accurate, real-time supplier data can mean the difference between business success and disruption. This acknowledgment from Gartner underscores the importance of data-driven supplier scouting and validates Matchory’s innovative approach.