Arkestro earns validation in The Hackett Group's Spring 2026 SolutionMap procurement technology assessment. Apr 30, 2026, 12:10 ET Company also receives Top Tech distinction in Sourcing SAN FRANCISCO, April 30, 2026 /PRNewswire/ - Arkestro, the leading predictive procurement platform accelerating enterprise scale, today announced it has been recognized as a validated provider in The Hackett Group's Spring 2026 SolutionMap, the industry's most rigorous, data-driven benchmark for procurement technology. Arkestro was evaluated as part of an assessment spanning 118 vendors across 16 source-to-pay (S2P) categories. In addition to its SolutionMap Validated status, Arkestro received a Top Tech distinction in Sourcing, recognizing its standout functional capability and innovation. SolutionMap assessments are conducted by The Hackett Group's Solution Intelligence analysts, formerly the Spend Matters(TM) analyst team. Each evaluation is built on 500+ detailed functional and capability criteria, mandatory product demonstrations, and impartial, anonymized, verified customer value ratings. The result is an independent, evidence-based view of the procurement technology landscape - one that procurement leaders actively rely on when evaluating solutions, building business cases and gaining internal buy-in for technology investments. For technology providers, SolutionMap Validated status represents credible, third-party confirmation of their solution's strengths in a market where differentiation is increasingly difficult to establish and easy to question. "Arkestro has built a solution that the rest of the market hasn't addressed: how to compress procurement cycle times dramatically, enabling teams to influence more spend and quickly earn stakeholder trust. The results are faster cycles, higher savings rates, greater spend influence, and reflect a fundamentally different way of engaging suppliers," said Bertrand Maltaverne, Lead Analyst at The Hackett Group. As AI-enabled capabilities become more widely embedded across procurement platforms, the bar for meaningful differentiation continues to rise. Procurement professionals are making technology decisions that carry real consequences - for their organizations' performance and their own credibility. SolutionMap is designed to give them the facts they need to select best-fit solutions with confidence, and give providers a trusted platform to demonstrate why they belong on the shortlist. "We are honored to earn SolutionMap Validated recognition from The Hackett Group(R)," said Rob DeSantis, Arkestro CEO and Co-Founder. "At Arkestro, we're transforming procurement into a strategic engine for enterprise value. Our predictive platform empowers procurement teams with AI and game-theoretic intelligence to unlock savings, accelerate buying cycles, and strengthen supplier relationships. This recognition reflects independent validation of our solution's capabilities and the real-world value we deliver to our customers, and we are proud to be included among the providers shaping the future of procurement technology." About Arkestro Arkestro is the leading predictive procurement platform, accelerating enterprise spend transformation and supply chain agility. By combining AI and game theory with Arkestro's patented three science technologies - Negotiation Science, Supplier Science, and Process Science - Arkestro shifts traditional procurement to become a proactive, results-driven function. Trusted by Fortune 500 companies across industries, Arkestro unlocks trapped savings, optimizes negotiations, and enhances supplier collaboration. Learn more about Arkestro at www.arkestro.com. SOURCE Arkestro

Nissan & Arkestro: The predictive procurement transformation. February 26, 2026 In a move to modernise its procurement processes and improve efficiency, Nissan is partnering with predictive procurement platform Arkestro The role of procurement has changed dramatically in recent years, with it becoming less of a 'back-office' concept and more of a strategic driver of resilience. With this shift comes a call for modernisation across procurement functions, with teams around the world looking to shift their strategy. Following a growing understanding of procurement's importance, Nissan is teaming up with Arkestro to improve its operations. Shifting landscapes. Global markets have faced increasing volatility over the last few years, with the priority moving away from efficiency and towards resilience. Procurement teams have been facing increasing pressure as a result, with higher expectations to predict volatility, track disruptions and develop supplier partnerships, all while ensuring cost savings and beneficial contracts. In order to adapt to modern procurement needs, many organisations are turning towards the help of AI and procurement technology. Arkestro is a leader in predictive procurement platforms, working to ensure supply chain agility alongside enterprise spend transformation. The platform merges AI and game theory with its own patented science technologies - Negotiation Science, Supplier Science, and Process Science. Through this, it shifts traditional procurement into becoming a proactive, results-driven function. As a result, Nissan Americas has adopted this technology to modernise its own procurement processes. Nissan is a Japanese multinational automobile manufacturer, operating in the US as Nissan Americas. By choosing Arkestro's technology to improve data visibility, support competitive procurement activities and increase sourcing efficiency, it is strengthening Arkestro's position in the automotive sector. Through this partnership, Nissan Americas is set to gain stronger supply chain resilience and mitigate cost volatility. All sustainability, net zero and sustainable procurement leaders should attend: Co-located with Sustainability LIVE, these events brings together CPOs, CSCO, CSOs, ESG leaders and senior decision-makers at a moment when sustainability, supply chains and commercial performance are increasingly interconnected. Tickets can be booked online today for The Net Zero Summit and The US Summit. Group discounts available. The need for change. The automotive industry is, according to S&P Global, undergoing a fundamental shift. Automotive procurement is facing challenges from fragmented global economies and complex supply chains, particularly as many automakers operate within just-in-time (JIT) manufacturing - when materials and products are delivered exactly when needed in order to minimise inventory costs and improve efficiency. This reliance on third-party vendors develops long-term relationships with suppliers but requires highly accurate demand forecasting in order to negate supply chain vulnerability through delays in supplier delivery. An increase in Black Swan events throughout 2025 - including the attack on JLR - has exposed the risk of JIT management, resulting in increased hybrid models utilising selective stockpiling of critical components. Alongside this, general procurement strategy is changing, with a need to react better to challenges, or avoid them completely through accurate predictions. As traditional cost-saving tactics become less effective, procurement teams are turning away from traditional strategies and embracing new technology. Nissan is utilising the platform across its North American operations, applying to teams across the US, Canada and Mexico. Through this, teams will utilise tools to enhance efficiency, expand competitive opportunities and encourage consistency and transparency for suppliers across indirect and direct spend. Procurement transformation. Arkestro's game-theoretic capabilities and automation prevent time and efficiency barriers which makes traditional procurement processes slower. It helps organisations address issues related to data access, speed and event management, by streamlining sourcing workflows. "We are pleased to work with Nissan as they explore new tools to support their procurement transformation efforts," says Rob DeSantis, CEO and co-founder of Arkestro. "Our platform is built to help organisations create more efficient, transparent, and resilient sourcing processes." Arkestro is offering Nissan the opportunity to accelerate sourcing, therefore cutting average event cycle times and reducing costs significantly. In doing this, procurement leaders can spend less time sourcing and more time on their other tasks, without cutting corners or sacrificing quality. Moreover, it meets the requirement of lower spend. It can also boost supply chain resilience due to its predictive nature. By blending its fact-based strategies and AI-powered supplier selection through its accurate prediction capabilities, Arkestro can spot at-risk suppliers, quickly identify alternatives and therefore mitigate risk amid a volatile environment. For a company such as Nissan, these are necessary tools to maintain competitiveness and operational resilience. Executives. Company portals.

Arkestro announces customer expansion with Chevron, driving predictive procurement transformation across global markets. News provided by. Chevron's global expansion with Arkestro highlights the platform's accelerating adoption in oil and gas, bolstered by backing from Aramco Ventures and Altira Group. SAN FRANCISCO, Oct. 15, 2025 /PRNewswire/ - Arkestro, the leading predictive procurement platform accelerating enterprise scale, today announced the expansion of its adoption within Chevron Corporation (NYSE: CVX), one of the world's leading integrated energy companies. To date, Chevron has used Arkestro's platform across business units to accelerate supplier cycle times, mitigate cost volatility in sourcing, and gain greater visibility across all types of spend. Chevron's global expansion with Arkestro earlier this year broadens the reach of predictive procurement transformation from the U.S. to international teams in Buenos Aires, Angola, the Philippines, Australia, and Thailand. "Driving fast time to material value is a strategic priority for Chevron," said Joshua Flowers, Senior Manager, SCM IT Category Management at Chevron. "Arkestro's platform provides the predictive capabilities and visibility we need to navigate market complexity and unlock bottom-line value. It is a critical platform for driving competitive performance within our operations, augmenting our team's expertise to free up their time for high-impact initiatives, and staying ahead of market volatility. With Arkestro, we can truly 'set it and forget it' thanks to its patented AI sciences. Arkestro helps us overcome the challenge of limited time and resources, enabling us to accelerate impact without overextending our team." Having Chevron as a valued Arkestro customer marks a key milestone in Arkestro's accelerating momentum within the energy sector - the platform's fastest-growing vertical. This growth is fueled by tangible results, with oil and gas customers realizing an average price reduction of greater than 20% below the last best price on analyzed spend. In addition to these savings, customers are driving new efficiency by running three times as many sourcing events and covering more addressable spend with the same resources, achieving cost savings within the first 60 days. This deep industry adoption was recently bolstered by a $36M strategic investment led by energy sector specialists Altira Group and Aramco Ventures. "In an industry as complex as oil and gas, leaders demand more than just savings alone - they also need full-scale AI transformation. Chevron's forward-thinking approach is a testament to the broader shift toward intelligent procurement transformation. Working with a visionary like Joshua Flowers - who is deeply committed to driving meaningful, measurable change - has been instrumental," said Rob DeSantis, CEO and co-founder of Arkestro. "Together, we're turning procurement from a reactive cost center into a proactive driver of enterprise value." "The oil and gas industry is facing unprecedented levels of supply chain pressure, and there's a clear need for predictive, intelligent procurement to materially impact margin," said Robert Turnham, Arkestro executive advisory board member and former President of Goodrich Petroleum Corp. "Arkestro gives enterprises the ability to anticipate market shifts and optimize their sourcing strategies in real time, which is a fundamental game-changer for managing complex projects and operational costs in the oilfield." Arkestro will be showcasing its platform and customer success stories - including several oil and gas and energy leaders - at its annual Optimal '25 Houston conference on October 29 - 30, 2025. Joshua Flowers from Chevron is slated to be a featured speaker, where he will discuss the company's predictive procurement transformation journey. As the premier AI event for procurement professionals, Optimal will also include keynotes, workshops, and case studies highlighting how AI and predictive technologies are transforming procurement across verticals. For more information on the company, visit: www.arkestro.com. About Arkestro Arkestro is the leading predictive procurement platform, accelerating enterprise spend transformation and supply chain agility. By combining AI and game theory with Arkestro's patented three science technologies - Negotiation Science, Supplier Science, and Process Science - Arkestro shifts traditional procurement to become a proactive, results-driven function. Trusted by Fortune 500 companies across industries, Arkestro unlocks trapped savings, optimizes negotiations, and enhances supplier collaboration. Learn more about Arkestro at www.arkestro.com and register for Optimal '25 Houston, the premier AI event for procurement professionals, taking place October 29 - 30, 2025. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com. Media Contact Liz Kyle LaunchSquad [email protected] SOURCE Arkestro