This IDC Market Note discusses Ivalua's annual Ivalua NOW conference in Paris, which showcased the company's ambitious vision for the future of procurement applications and emphasized the transformative role of AI. Founder David Khuat-Duy's new role as chief AI officer highlights its commitment to AI integration. The upcoming Ivalua V10 platform aims to address security and compliance concerns while enhancing user experience and agility. Keynotes and product demos, including the playful "ProcureGPT," underscored the shift toward autonomous, agentic platforms. Despite the hype, Ivalua's structured road map and deep procurement expertise position the company well for future success in the S2P space."Ivalua's vision for the agentic age is compelling, promising a future of autonomous, AI-driven procurement solutions that deliver tangible ROI and business value. This was a very good event for Ivalua." — Patrick Reymann, research director, Procurement and Enterprise Applications at IDC
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