Hype Cycle™ Procurement and Sourcing Solutions, 2025
We’re proud to be recognized as a Sample Vendor in the 2025 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions. Procurement technology leaders can use this Hype Cycle to understand the maturity, adoption and benefit of sourcing and procurement technologies.
Raindrop Positioned in the following categories:
Source to Pay Suites
These suites address both strategic and operational processes that help organizations manage spend and suppliers. Implementing an S2P suite can increase an organization’s visibility, control and compliance, in addition to boosting the procurement team’s efficiency and effectiveness.
Operations and Savings Management
Generating quantifiable cost savings is the lifeblood of most procurement organizations — and one of the key metrics used to determine performance. Spreadsheets are still the most common tool, yet technology vendors are stepping up to provide savings tracking and management. The additional demands of nonprice goals such as environmental, social and governance (ESG) have forced organizations to track an expanded scope of work outside of savings to validate procurement performance.
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We believe Raindrop’s inclusion reflects growing recognition for platforms that deliver AI-powered decision support, intake orchestration, and modern, modular capabilities across the source-to-pay journey.
Raindrop is AI-enabled by design, leveraging the power of AI to deliver real, tangible value — not empty hype. From AI ingestion for AP to GenAI Contract Management, Raindrop is guided by a clear set of founding principles. We prioritize transparency and security, ensuring our AI solutions are actionable, reliable, and built to empower
Gartner Disclaimer:
Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2025, By Kaitlynn Sommers, Micky Keck, Et Al., 30 June 2025
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner® disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Raindrop.
