JAGGAER unveiled Autonomous Commerce, a self-governing B2B commerce experience between buyers, suppliers, Internet of Things (IoT) and partners.
“Supply chain disruptions, materials scarcity and the global talent shortage are forcing business leaders to rethink our traditional enterprise commerce model,” says Jim Bureau, CEO of JAGGAER. “Enterprise buyers need more dependable sources of supply, greater selection and lower prices. Enterprise suppliers need a continuous stream of smart-match recommendations aligning their capabilities with specific buyer needs in order to grow their revenues and expand their businesses. The Autonomous Commerce revolution, akin to the consumer commerce revolution that came before it, is delivering these benefits to both enterprise buyers and suppliers.”
- JAGGAER provides enterprise buyers access to myriad sources of supply that are tightly aligned with their specific needs. JAGGAER’s Digital Mind solution uses artificial intelligence (AI) and machine learning to deliver smart-match recommendations.
- JAGGAER’s Digital Mind solution also autonomously executes many of the repetitive, behind-the-scenes tasks required to facilitate enterprise commerce, mitigating the talent shortage by freeing employees to focus on more strategic, high-value activities.
“Three years ago, we laid out a vision for what an Autonomous Commerce world would look like for enterprises,” says JAGGAER chief product officer, Dawn Andre. “Autonomous Commerce calls for solutions that are networked, intelligent, comprehensive and extensible. We’ve been deploying solutions that embody these principles ever since. Now that we’re well on our way to delivering on the promise of Autonomous Commerce, we decided to unveil our strategy publicly. We’re excited to be leading the Autonomous Commerce revolution and putting our customers in a position to thrive during this transformational shift.”