Construction Business News Middle East reports that TransformationX, a leading GCC-based tech-integrated strategy and consulting firm, has launched Procure Co-Pilot, an AI-powered procurement tool designed to forecast trends, automate routine tasks, and enable data-driven decision-making. By integrating AI, businesses can reduce procurement cycle times, minimize human errors, and optimize supplier management. Arun Bruce, CEO of TransformationX, emphasized that organizations adopting AI in procurement will gain a significant edge in cost efficiency and agility. He highlighted that Procure Co-Pilot is built with enterprise-grade security, ensuring sensitive procurement data remains secure and confidential. The tool offers AI-driven analytics to identify spending inefficiencies, evaluate suppliers based on real-time market conditions, and automate RFQs and contract management. TransformationX estimates that by 2030, 80-90% of routine procurement tasks will be managed by AI, allowing professionals to focus on strategic growth initiatives.
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