It seems like everywhere you look, artificial intelligence and machine learning are being talked about. Although many believe it will fundamentally change the future of work, it is still unclear how it will specifically be applied in the daily lives of sourcing professionals. In this session, the presenters cut through the noise and explored practical and real-world applications of machine learning in spend management. They looked at this subject realistically with a lens of the practical rather than theoretical. Attendees walked away with a good understanding of what all the buzz is about, why it is important and how it will impactes spend management initiatives in the near and long term.

Topics covered in this session included:

• The differences between artificial intelligence, machine learning and deep learning
• Machine learning principles
• Practical applications of machine learning in spend management
• Future trends to watch

 

Contributors: Coupa, Francisco Partners
Categories: 2017 Spring - Amelia Island, Summit Presentations
SRC Type: Disruptive Digitization