Chain IQ for the third consecutive year is a Star Performer in Everest Group’s Procurement Outsourcing Services PEAK Matrix® Assessment 2026

Everest Group has recognized Chain IQ as a Star Performer in its Procurement Outsourcing Services PEAK Matrix® Assessment 2026.

This marks the third consecutive year that Chain IQ has achieved Star Performer recognition, reflecting the company’s sustained growth, expanding global delivery capabilities and continued investment in AI-powered procurement services.

“Chain IQ has strengthened its position as a Major Contender in Everest Group’s 2026 Procurement Outsourcing (PO) Services PEAK Matrix® Assessment, through its specialist procurement proposition, combining deep sourcing and category expertise with managed services, transformation capabilities, and an expanding digital ecosystem. Its recognition as a Star Performer reflects robust market growth, high client satisfaction and retention, expansion beyond its traditional financial services stronghold, and continued investments in broadening its service and delivery footprint. Chain IQ has also advanced its digital capabilities through greater adoption of analytics and AI, expansion of marketplace and procurement intelligence capabilities, and a growing partner ecosystem, with Smart Connect serving as the digital backbone connecting these capabilities across the procurement lifecycle.”

– Prateek Singh, Vice President, Everest Group

Specifically, the report highlighted the following Chain IQ strengths:

• Strong year-on-year growth, based on new client wins.
• Expansion across industries and procurement requirements, extending beyond financial services into manufacturing, retail, consumer packaged goods and selected direct procurement requirements.
• Broader geographic and delivery coverage, including continued expansion across Asia-Pacific and Latin America.
• Advanced Smart Connect and AI roadmap, supported by Copilot tools, AI-enabled agents and orchestration capabilities
• Expanded tail-spend, marketplace and Managed Digital Services capabilities, enabled through collaborations with Axiom, Mercateo, Amazon Business and other technology providers
• A strengthened digital partner ecosystem, spanning spend analytics, sourcing, marketplaces, data governance, security and artificial intelligence

Organizations are increasingly looking to procurement to deliver greater strategic value, support profitable growth and improve operational scalability. At the same time, advances in generative and agentic AI are creating new opportunities to transform sourcing, category management, market intelligence and broader procurement operations.

Chain IQ combines deep procurement expertise, an expanding global delivery model and AI-Powered capabilities to help clients improve productivity, strengthen decision-making and achieve above-market value. Chain IQ is advancing its ambition to become the Global AI-Powered Leader in Indirect Procurement, with a strong focus on accelerated growth, scalable delivery and responsible application of AI.

“Achieving Star Performer recognition for the third consecutive year demonstrates the strength of Chain IQ’s development and the relevance of our strategic direction. Our continued investment in AI, technology and global capabilities is positioning Chain IQ to help shape the future of procurement while creating measurable and sustainable value for our clients.”

– Claudio Cisullo, Founder and Executive Chairman, Chain IQ

“In today’s rapidly evolving market, our clients are looking for more than procurement efficiency. They are looking for a strategic partner that can help them create lasting value, accelerate transformation, and build resilient businesses. By bringing together world-class procurement expertise, AI-powered innovation, and a scalable global delivery model, we help our clients achieve outcomes that outperform the market. This recognition is a testament to the trust our clients place in us and strengthens our determination to redefine what is possible in procurement.”

– Marcel Stalder, Group CEO, Chain IQ

These accolades underscore Chain IQ’s leadership and excellence in Indirect procurement. Together with our clients, business partners, and employees, we are committed to setting new standards in procurement excellence and look forward to achieving even greater milestones in the future.

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® Reports do not necessarily provide the full context of its research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® Reports is independent, and no organization has paid a fee to be featured or to influence its ranking. To access the complete research and learn more about the methodology, please visit the Everest Group PEAK Matrix® Reports.

About Everest Group

Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group’s PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, products and solutions across various market segments. Providers of these services, products and solutions also use the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Further details and in-depth content are available from Everest Group.

About Chain IQ

Chain IQ is a Global AI-Powered Leader in Indirect Procurement. Chain IQ combines deep procurement expertise, technology and data to help organizations transform procurement, improve profitability and create measurable value. Headquartered in Baar, Switzerland, Chain IQ operates through its principal centers in Baar, Zurich, New York, London, Singapore, Mumbai and Bucharest, supporting clients across more than 50 countries.