HICX a Sample Vendor for Supplier Information Management in the Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, 2026
HICX has been named a Sample Vendor for Supplier Information Management (SIM) category in the Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, 2026.
Where does Supplier Information Management sit in 2026?
In the report, Gartner states: “These tools support risk management and compliance and can serve as the single source of truth for supplier data, enabling informed, data-driven decisions and improving supplier collaboration while reducing manual workload.”
Gartner places Supplier Information Management in the Entering the Plateau group, with a maturity of Early mainstream: proven and widely adopted, and still evolving.
Why supplier information management matters now
Procurement teams face mounting pressure, from supply chain disruption and regulatory complexity to the need to extract more value from supplier relationships. Yet many organisations still manage supplier data in silos, spreadsheets, or legacy ERP systems that weren’t built for the challenge.
HICX’s CEO, Dafydd Llewellyn, said “The HICX supplier management platform is purpose built to give procurement and supplier management teams a single, trusted source of supplier data. This enables faster onboarding, stronger compliance, better risk management, and a foundation for the AI-powered procurement strategies that are fast becoming the norm.”
Source: Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2026, Lynne Phelan et al., 10 June 2026.
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