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Arkestro

Arkestro Co-Founder Launches Book on Predictive AI in Procurement

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Arkestro Co-Founder Launches Book on Predictive AI in Procurement

Amsterdam – September 30, 2026 -- Edmund Zagorin, co-founder and Chief Strategy Officer at Arkestro, launched his first book, The Predictive Enterprise: How Superhuman Supply Chains Transform Global Business, at DPW Amsterdam on September 30, with a signing held at Arkestro's booth at 12:30 p.m. CEST.

Book carries a foreword from former GE Chairman and CEO Jeff Immelt

Published by Wiley, the book is available for pre-order now and reaches wide retail availability on October 5, 2026. It draws on interviews with Global 2000 executives and argues that enterprise AI investment will only pay off once companies redesign how decisions get made, not simply automate existing workflows.

Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

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Arkestro's European Procurement Spend Hits $300M, Grows 93% Annually

Amsterdam – September 29, 2026 -- Nearly $300 million in European spend has now moved through Arkestro's predictive procurement platform, with regional volume growing 93% year over year, the company announced at DPW Amsterdam 2026.

Baseline spend in international procurement events surged 330% from 2024 to 2025

Arkestro projects a further 47% increase in 2026 as existing global customers extend the platform into additional European teams, categories and supplier networks. The company said the growth reflects enterprises seeking faster procurement decisions amid market volatility.

Platform users across Europe grew 78% year over year

Arkestro's buyer and supplier interactions now span 34 countries, and customers running completed European procurement events have generated approximately 10% average savings, the company said.

Arkestro Named Sample Vendor in Gartner Hype Cycle for Supplier Discovery

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Arkestro Named Sample Vendor in Gartner Hype Cycle for Supplier Discovery

San Francisco – September 11, 2026 -- Arkestro has been identified as a Sample Vendor for Supplier Discovery in the Gartner Hype Cycle for Multienterprise Solutions, 2026, marking the company's continued presence in Gartner's procurement technology research.

Gartner defines Supplier Discovery as AI-driven identification of new supply sources

The Hype Cycle report categorizes Supplier Discovery as solutions that help organizations identify, assess and onboard new suppliers using extensive databases and graph technologies to match sourcing criteria against potential vendors. Gartner cites supply chain disruptions, capacity constraints, cost optimization pressure and innovation targets as the drivers pushing procurement teams to qualify alternative suppliers faster. The report also notes that Supplier Discovery is increasingly embedded within third-party risk management and source-to-pay platforms rather than standing alone as a distinct market.