The procurement software industry is facing significant growth, according to a new report by the International Maritime Agency (INAF), which aims to boost the global supply chain complexity and increase the capacity of businesses to take advantage of artificial intelligence (AI) and machine learning (ML) - including automated contract management and on-premises.. BBC News Arabic looks at some of the factors affecting the industry s future and impacts on the market, and what is the impact on these technologies and how they are making them more efficient and cost-effectively, as well as their ability to cope with the rapid technological advancements. The latest report has revealed that the Procurement Software market is expected to grow by 7.8% by 2028, but it is likely to be the biggest in the world, with increasing demand for cloud-based infrastructure across the country, in 2024-2032, it has been published by ImARC Group, the company behind the report, saying it could be able to achieve higher levels of globalisation and its growing amounts of technology, data-driven insights on how it can be used to manage and streamline supplies and services between the firms and companies involved in putting the sector at risk, despite rising manufacturing industries and the cost of delivering goods to consumers within the next few years. Here are five ways to assess the future of this industry, writes the Institute for Market Research and Development (IPAC) in an annual report.
Source: menafn.comPublished on 2024-02-10
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