Archlet named Gartner 'Cool Vendor' 2023

'Action, not just reaction, is key to coolness.'

nnovation is crucial, says Gartner. It's important for companies to connect with Cool Vendors, usually startups or growing businesses that are great at innovating in their fields. These companies are good at being proactive in their innovation, not just reacting to what's happening in the market. If companies don't embrace new ideas, they might miss out on unique chances to do better than their competitors.

Gartner's expert analysts follow specific guidelines to find Cool Vendors. These vendors need to be innovative, impactful, or intriguing in either the products or IT services sectors. Being a Cool Vendor isn't just about technology; it can also involve unique services or business models.

The Cool Vendor recognition highlights our commitment to innovation and excellence in the Procurement software industry. This achievement is a testament to the hard work and dedication of our entire team, and we are excited to share this milestone.