For the third time in a row, GEP has been named a Leader in procurement applications (Source-to-Pay suites) in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2023 Vendor Assessment.
Source: "IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2023 Vendor Assessment,” By: Patrick Reymann, March 2023, IDC # US48785722
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
GEP SOFTWARE™ — featuring our procurement solution GEP SMART™ as well as GEP NEXXE™, our supply chain solution — provides a unified, AI-powered, cloud-native platform that encompasses the entire spectrum of procurement and supply chain operations.
With intuitive and user-friendly interfaces, seamless integration capabilities, and scalable and flexible infrastructure, GEP SOFTWARE™ is purpose-built to help enterprises realize the full potential of the latest technology innovations, with unparalleled visibility and actionable insight to drive optimum efficiency, agility and resilience.
The IDC MarketScape report uses a rigorous scoring methodology based on both qualitative and quantitative criteria to evaluate companies on their strengths and strategies. The IDC MarketScape notes GEP provides a “full, cloud-native suite that encompasses procurement, supply chain, embedded AI, DevOps, and integration.”
The IDC MarketScape also noted, “Reference clients expressed strong satisfaction with the industry expertise that GEP brings to engagements. GEP is viewed as a responsive and trusted partner that operates with a sense of urgency and purpose.”
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