Right off the bat, I appreciate what Joël Collin-Demers does to get meaningful information to the market through his “The Road To ProcureTech Cup.” The fact that he can pack so much information into a 30-minute broadcast makes it highly accessible.
Now, to the business at hand, there is the Globality demonstration.
You can watch the on-demand replay of the demo below:
GLOBALITY DEMO
During the demo, I asked several questions:
Here are the responses I received:
Here is my take on the Globality Demo:
From what I saw, it is an excellent application, but nothing unique compared to what I have seen in many other demos. There is a component or element that can read text and allow the buying group to consolidate and coordinate the information it uses – think of it as a Globality version of ChatGPT.
It is rudimentary when it comes to MRO procurement and auctions, including tracking and measuring fulfillment capabilities for future orders. I don’t quite understand this because, in the era of GenAI, the self-learning algorithms I used to develop my platform in the 1990s and early 2000s would be much better used in the present-day platform.
While recognizing the role of other stakeholders within and outside the enterprise, the specifics regarding actual adoption and utilization level were minimal.
It was a good preliminary demo, but there was a minimal WOW factor because, other than the logo and graphics, I couldn’t distinguish it from other solution provider demos.
Summary:
Having seen many product demos over the past five decades, which give essential context on the progression of ProcureTech’s evolution, this is not really a GenAI solution beyond administrative management of a process through a scaping and sorting capability. I can certainly see it saving some time, but it does not deliver the optimal potential of an advanced AI solution—let alone GenAI.
Based on the above, the Globality solution is at the essential but preliminary stages of process understanding, engagement, and measurement. Here is where I see them relative to my work, starting in 1998 – https://bit.ly/3FBnFRr
Procurement Insights
Globality Demo > The Road to the ProcureTech Cup: Episode 25-06
Posted on October 11, 2024
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Right off the bat, I appreciate what Joël Collin-Demers does to get meaningful information to the market through his “The Road To ProcureTech Cup.” The fact that he can pack so much information into a 30-minute broadcast makes it highly accessible.
Now, to the business at hand, there is the Globality demonstration.
You can watch the on-demand replay of the demo below:
GLOBALITY DEMO
During the demo, I asked several questions:
Here are the responses I received:
Here is my take on the Globality Demo:
Summary:
Having seen many product demos over the past five decades, which give essential context on the progression of ProcureTech’s evolution, this is not really a GenAI solution beyond administrative management of a process through a scaping and sorting capability. I can certainly see it saving some time, but it does not deliver the optimal potential of an advanced AI solution—let alone GenAI.
Based on the above, the Globality solution is at the essential but preliminary stages of process understanding, engagement, and measurement. Here is where I see them relative to my work, starting in 1998 – https://bit.ly/3FBnFRr
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