You may have read our three-part introduction to HICX Solutions, on the solution provider's rapidly growing presence in the supplier information management and supplier master data space. The firm has now sponsored a "Raconteur" report looking at The AI Revolution In Procurement – its premise for doing so being that accurate, reliable, readily available and retrievable master data is the foundation for the control, transparency and efficiency that goes into making the path of digital transformation simpler. So this report – to which our own Peter Smith contributed, as did Costas Xyloyiannis, HICX founder and the subject of our interview – takes the stance that AI is coming to procurement (some might say it's already here) and outlines the opportunities it brings, along with the foundations required to make it work. It identifies five way that AI will turbocharge procurement – we often read about the influence that AI will probably have on our procurement roles and processes, but rarely do we see laid out plainly exactly which areas will be affected and how. "From securing a better deal to early warnings on supplier risk, this is where change is coming," it announces, and then dives into P2P, sourcing, contract management, risk management and innovation and how they will be affected.