The digital revolution has fundamentally altered how companies view and utilise data. Once considered merely the exhaust of business operations, information has become the high-octane fuel powering the engine.
It’ s a transformation that is particularly pronounced in procurement and supply chain management, where the sheer volume, variety and velocity of data presents both unprecedented opportunities and complex challenges.
As Microsoft CEO Satya Nadella recently observed, we now inhabit“ a mobile-first and cloud-first world” where computing has become ubiquitous and experiences span multiple devices with ambient intelligence.
He continues:“ Billions of sensors, screens and devices – in conference rooms, living rooms, cities, cars, phones, PCs – are forming a vast network and streams of data that simply disappear into the background of our lives.
“ This computing power will digitise nearly everything around us and will derive insights from all of the data
178 October 2025