Arkestro Expands in Europe for Predictive Procurement
News related to:Arkestro · 1 min read
AMSTERDAM, Sept. 29, 2026 /CourierPR/ -- Arkestro, the leading predictive procurement platform accelerating enterprise scale, announced at DPW Amsterdam 2026 plans for expansion in Europe amidst significant growth in the region. The platform has processed nearly $300 million in European spend, which has grown 93% year over year, reflecting the region's increasing demand for predictive procurement solutions.
At the conference, Arkestro highlighted its plans to expand its presence in Europe, where the company has seen a 330% increase in baseline spend represented in international procurement events from 2024 to 2025. This growth is projected to grow another 47% in 2026, driven by the increasing adoption of predictive procurement across the region.
The platform's user base has also seen a significant increase, with users growing 78% year over year. This growth reflects a broader shift from isolated procurement events toward more consistent use of predictive procurement and AI across teams, categories, and global markets. Customers are expanding their usage of Arkestro's predictive procurement platform within their organizations, with interactions now spanning across 34 countries, demonstrating the growing reach of predictive procurement across complex, cross-border supplier networks.
Customers have generated approximately 10% average savings through the platform, underscoring its effectiveness in helping organizations make faster procurement decisions, strengthen supplier engagement, and respond to market volatility. Arkestro's European expansion is expected to continue at its customer conference, Optimal '26, which is taking place in Houston from October 13 to 15. The annual event brings together procurement, supply chain, and business leaders to explore how predictive technologies are helping enterprises move faster, strengthen supplier relationships, and drive better outcomes at scale.
Arkestro, which is trusted by Fortune 500 companies across various industries, is committed to helping enterprises transform their procurement processes through its predictive procurement platform. The company's expansion in Europe is a testament to the growing demand for its solutions and its ability to meet the unique challenges faced by enterprises in the region.