vektIQ

About vektIQ

Vektiq is an AI-driven sourcing agent that assists procurement professionals in evaluating software options and optimizing their technology portfolios. By leveraging generative AI, Vektiq enhances decision-making for software renewals and new use cases, ultimately maximizing the value derived from technology investments.

<problem> Procurement professionals face challenges in efficiently evaluating software options and optimizing their technology portfolios due to the complexity and volume of available solutions. This often leads to suboptimal decision-making regarding software renewals and selection for new use cases. </problem> <solution> Vektiq is an AI-driven sourcing agent designed to streamline the software evaluation process for procurement teams. By leveraging generative AI, Vektiq assists in identifying and assessing potential software solutions based on specific business needs and requirements. The platform aims to enhance decision-making by providing data-driven insights and recommendations for software renewals and new technology investments. Vektiq helps procurement professionals maximize the value derived from their technology investments by optimizing software selection and portfolio management. </solution> <features> - AI-powered software discovery and recommendation engine - Generative AI capabilities for requirements gathering and solution matching - Side-by-side comparison of software options based on key criteria - Automated analysis of software contracts and pricing - Integration with existing procurement systems and workflows </features> <target_audience> Vektiq primarily targets procurement professionals, IT managers, and sourcing teams responsible for software selection and technology portfolio optimization within organizations. </target_audience>

What does vektIQ do?

Vektiq is an AI-driven sourcing agent that assists procurement professionals in evaluating software options and optimizing their technology portfolios. By leveraging generative AI, Vektiq enhances decision-making for software renewals and new use cases, ultimately maximizing the value derived from technology investments.

Where is vektIQ located?

vektIQ is based in Paris, France.

When was vektIQ founded?

vektIQ was founded in 2023.

Who founded vektIQ?

vektIQ was founded by Thomas AUDIBERT.

  • Thomas AUDIBERT - Co-founder/CEO
Location
Paris, France
Founded
2023
Employees
3 employees
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vektIQ

Score: 64/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Vektiq is an AI-driven sourcing agent that assists procurement professionals in evaluating software options and optimizing their technology portfolios. By leveraging generative AI, Vektiq enhances decision-making for software renewals and new use cases, ultimately maximizing the value derived from technology investments.

vektiq.com700+
Founded 2023 – Paris, France

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Thomas AUDIBERT

Co-founder/CEO

Pierre Lupi Chen

CPTO

Company Description

Problem

Procurement professionals face challenges in efficiently evaluating software options and optimizing their technology portfolios due to the complexity and volume of available solutions. This often leads to suboptimal decision-making regarding software renewals and selection for new use cases.

Solution

Vektiq is an AI-driven sourcing agent designed to streamline the software evaluation process for procurement teams. By leveraging generative AI, Vektiq assists in identifying and assessing potential software solutions based on specific business needs and requirements. The platform aims to enhance decision-making by providing data-driven insights and recommendations for software renewals and new technology investments. Vektiq helps procurement professionals maximize the value derived from their technology investments by optimizing software selection and portfolio management.

Features

AI-powered software discovery and recommendation engine

Generative AI capabilities for requirements gathering and solution matching

Side-by-side comparison of software options based on key criteria

Automated analysis of software contracts and pricing

Integration with existing procurement systems and workflows

Target Audience

Vektiq primarily targets procurement professionals, IT managers, and sourcing teams responsible for software selection and technology portfolio optimization within organizations.