Globality recognized by leading analyst firm for its AI-powered platform and marketplace
PALO ALTO, Calif.–(BUSINESS WIRE)–#AI–Globality, the company that is transforming the way high value services are bought and sold with its leading AI-powered digital solution, today announced it has been recognized as a Cool Vendor in the Gartner newly released 2021 report �Cool Vendors in Strategic Sourcing Technology.1
Key findings in the report include:
Globalitys Platform is used by leading global companies, including British Telecom, Santander, HSBC, GEA, and Dropbox, to transform the sourcing of high-value services by automating the demand creation, supplier identification, proposal evaluation and statement of work creation process through an intuitive self-service experience.
We are pleased to be recognized as a Cool Vendor by Gartner for bringing artificial intelligence and state-of-the-art digital solutions to the sourcing and procurement of services, an area that has been untouched by sophisticated technology and characterized by archaic, analog processes, such as the paper-intensive RFP, said Joel Hyatt, the Chairman, Co-founder and CEO of Globality. Globality is advancing the concept of Performance Spending, which acknowledges the huge impact of a companys spend on its overall performance and its ESG goals. We are proud to be partnering with great Global 2000 companies on building a global ecosystem for B2B trade in services that is transparent, sustainable, and based on the merits of price, quality and performance.
See why Gartner has recognized Globality as a Cool Vendor in Strategic Sourcing Technology here.
1Gartner, Cool Vendors in Strategic Sourcing Technology, [William McNeill, Koray Kose, Micky Keck, Patrick Connaughton, November 11, 2021]
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Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner and Cool Vendors are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About Globality
Globality is a Silicon Valley-headquartered technology company co-founded by Joel Hyatt and Lior Delgo to revolutionize how companies buy and sell services. Through its AI-powered Platform and marketplace, Globality is bringing digital transformation to the sourcing industry. Globalitys AI digital solution replaces the archaic analog Request for Proposal, efficiently and effectively scoping needs, managing demand, matching companies with outstanding suppliers that meet their specific service needs and cutting the sourcing process from months to hours while delivering savings of 20% or more. In January 2021, Globality raised $138 million from Sienna Capital and the SoftBank Vision Fund, bringing the total investment it has raised since its founding six years ago to $310 million. For more information, visit www.globality.com.
Contacts
Nardi Media for Globality (US)
Justin Goldstein
justin@nardimedia.com
Missive for Globality (UK)
James Gullis
james.gullis@missive.co.uk
Globality
media@globality.com
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