Europe's Demand for Digital Supply Chain Services Surging

Full Article
Europe's Demand for Digital Supply Chain Services Surging

Enterprises in Europe are increasingly adopting digital supply chain services, integrating technologies like IoT, predictive analytics, automation, and AI. This shift aims to enhance supply chain resilience and reduce risks, as highlighted in the 2024 ISG Provider Lens Supply Chain Services report. The report emphasizes that service providers are tailoring their offerings based on clients' digital maturity levels, focusing on process standardization for those with low maturity and advanced solutions for those with high maturity.

The European market's demand for digital supply chain services has surged over the past two years, driven by factors such as Industry 4.0 and stringent regulations. Technologies like generative AI are being utilized for various supply chain functions, including procurement and warranty management. The report identifies key players in the market, with Accenture and Capgemini leading across multiple service categories, showcasing the competitive landscape of digital transformation in supply chains.

• Enterprises are integrating AI to enhance supply chain resilience and efficiency.

• Generative AI is transforming procurement and supply chain execution processes.

Key AI Terms Mentioned in this Article

Predictive Analytics

Predictive analytics is used to forecast supply chain trends and optimize operations.

Generative AI

Generative AI assists in processing large datasets for procurement and after-sales services.

IoT (Internet of Things)

IoT technologies are integrated into supply chains to enhance data collection and analysis.

Companies Mentioned in this Article

Accenture

Accenture is recognized as a leader in supply chain services, focusing on digital transformation.

Capgemini

Capgemini leads in multiple quadrants of supply chain services, emphasizing innovative solutions.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 7month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 7month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 7month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 7month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics