Olive
UnclaimedAI-powered platform that accelerates technology vendor evaluation and selection through collaborative requirements management and data-driven decisions.
Overview
Olive is an AI-powered platform that accelerates technology vendor evaluation and selection. It serves IT sourcing teams, procurement professionals, CIOs, consultants and other decision-makers by unifying requirements management, collaboration, and vendor intelligence in a single workspace. Olive aims to deliver unbiased, data-driven decision making across RFPs and vendor evaluations, helping organizations discover needs, gather and prioritize requirements, compare vendors, and shorten procurement cycles through structured processes and shared insights.
Mission statement
To enable faster, more reliable IT sourcing by providing a collaborative, data-driven platform that helps teams define needs, evaluate vendors fairly, and reach consensus without bias.
What we offer
The AI-Native RFP
Accelerate vendor evaluation and decision-making with AI-native insights and collaboration.
olive.app →Consultancy Advisory Platform
Accelerate consultancy services by unifying evaluation processes and leveraging AI-driven insights.
olive.app →Enterprise Vendor Intelligence
Streamline vendor selection and decision-making with data-driven insights and automated evaluations.
olive.app →RFP Creation
Streamlines RFP processes with AI-driven features for quicker, informed vendor selections.
olive.app →Vendor Selection Software Powered By AI
Accelerates vendor selection with AI, enhancing collaboration and decision-making efficiency.
olive.app →Vendor Selection Software for Digital Transformation
Streamline your vendor selection process to enhance digital transformation efforts.
olive.app →Vendor Research
Streamline vendor evaluations and decision-making with AI-driven insights.
olive.app →Software Sourcing Platform
Streamline the software sourcing process with AI-driven collaboration and vendor evaluation.
olive.app →Market segments
Market size by segment
Growth potential (CAGR)
IT vendor selection and procurement advisory
End-to-end vendor evaluation and procurement support including AI-verified shortlists, feature-by-feature comparisons, and rapid vendor recommendations to accelerate technology selection.
Products: The AI-Native RFP, Enterprise Vendor Intelligence, Vendor Selection Software for Digital Transformation, Vendor Selection Software Powered By AI, Consultancy Advisory Platform, Software Sourcing Platform
RFP and sourcing management
Capabilities to create and manage RFPs, request and compare quotes, track responses, and evaluate vendor proposals for procurement and vendor selection.
Products: RFP Creation, RFP Tool, Software Sourcing Platform, The AI-Native RFP, Consultancy Advisory Platform
Vendor evaluation and procurement intelligence
Comparative vendor assessments, buyer guidance, peer reviews and procurement-focused analyses to inform vendor selection, negotiation and purchase confidence.
Products: Vendor Research, Vendor Discovery, Enterprise Vendor Intelligence, The AI-Native RFP
Procurement governance and supplier collaboration
Capabilities that provide governance, visibility, standardized catalogs, and in‑app supplier collaboration to enforce policies, approvals, and cross‑organizational procurement controls.
Products: RFP Tool, Consultancy Advisory Platform, The AI-Native RFP, Software Sourcing Platform, Enterprise Vendor Intelligence, Vendor Selection Software Powered By AI
More information about our offering
The AI-Native RFP
Olive's core AI-native platform for technology vendor evaluation, The AI-Native RFP, unites requirements management, collaboration, and vendor intelligence in one workspace. It guides teams from discovery to decision, enabling smart discovery, structured requirements, scored evaluation, and defensible recommendations. The platform also provides integrated vendor research and real-time comparisons to ensure objective vendor selection.
- Enhance Vendor Fit AssessmentUtilize AI to automatically evaluate vendor responses against your specific requirements, ensuring only the best-fit vendors are shortlisted.
- Streamline Collaboration Across TeamsFacilitate improved collaboration among stakeholders by integrating all vendor evaluations and requirements management in one cohesive platform.
- Speed Up Evaluation ProcessLeverage pre-built templates for quicker requirements gathering and streamlined vendor discovery, allowing your team to focus on key decisions.
- Achieve Informed Decision MakingUse real-time scoring to compare vendors against your priorities, ensuring decisions are backed by clear, data-driven insights.
- Automate Response GenerationReduce manual data entry with AI that automatically populates responses, enhancing speed and accuracy in the RFP process.
- Enhance Stakeholder EngagementUtilize customized surveys to gather input and insights from all stakeholders, ensuring every voice is heard in the evaluation process.
Consultancy Advisory Platform
Scale consulting services with Olive's Consultancy Advisory Platform. It enables discovery, requirements gathering, vendor research, and reporting driven by OliveAI and your data. It offers requirement libraries and internal surveys to capture needs, facilitates cross-functional collaboration, and guides stakeholders through the evaluation process to a faster shortlist with data-driven comparisons and automated due diligence.
- Accelerate Shortlisting ProcessStreamline the evaluation process, reducing time-to-decision while ensuring thorough analysis.
- Leverage Real-Time Data InsightsMake informed decisions based on continuously updated vendor performance data and trends.
- Mitigate Risks In EvaluationsEmploy advanced analytics to inform vendor decisions, helping avoid costly missteps.
- Unify Teams Across FunctionsEngage diverse teams in evaluations to ensure all stakeholder perspectives are considered, enhancing decision quality.
- Capture Stakeholder Insights EfficientlyLeverage structured libraries and surveys to gather comprehensive requirements quickly, aligning project goals.
Enterprise Vendor Intelligence
Vendor intelligence platform for enterprises that supports data-driven vendor comparisons, automated due diligence, and cross-functional collaboration to de-risk technology decisions. It integrates vendor research and discovery within a single workspace to accelerate sourcing outcomes.
- Make Informed DecisionsUtilizing a data-centric approach, this feature ensures that comparisons between vendors reflect actual requirements and performance, leading to informed and confident decision-making.
- Streamline Evaluation ProcessesThis feature allows organizations to automate routine due diligence tasks, significantly reducing the time and resources required for vendor evaluations while ensuring comprehensive reviews.
- Enhance Team AlignmentBy enabling seamless interactions between various stakeholders, this feature fosters alignment on needs and priorities throughout the vendor evaluation process.
- Centralize Vendor InsightsThis functionality brings all vendor research processes into a single workspace, simplifying user experience and enhancing focus on evaluating the right solutions effectively.
- Adapt Quickly to ChangesThis flexibility allows organizations to update their evaluations in real-time, accommodating shifts in project scope or newly discovered insights without disruption.
RFP Tool
RFP Tool provides end-to-end RFP management with in-app vendor collaboration, scoring, and audit trail to support transparent decisions.
- Manage RFPs EfficientlyFacilitate a seamless RFP process from requirements gathering through to vendor selection.
- Ensure AccountabilityTrack evaluation metrics and maintain transparency throughout the vendor selection process.
- Collaborate SeamlesslyEngage vendors directly in a collaborative workspace, facilitating real-time feedback and discussions.
- Engage Vendors EarlyEncourage early vendor involvement for better alignment with project needs.
- Leverage AI for Better DecisionsUse AI insights to identify the best-fit vendors quickly based on your specific requirements.
- Kickstart RFP Projects EasilyUtilize tailored templates that streamline the RFP creation process, saving time and effort.
RFP Creation
RFP Creation simplifies the process with guided setup, AI vendor recommendations, automatic RFP generation, and a Magic Fill feature for quick analysis, enhancing decision-making and efficiency.
- Automates Document CreationEliminates manual document preparation, allowing teams to focus on strategy rather than paperwork.
- Suggests Best Fit VendorsQuickly identifies potential vendors that align with your project's requirements, saving time in the selection process.
- Quick Response AnalysisSaves time by quickly processing vendor inputs to assist in making informed decisions swiftly.
- Streamlines Initial SetupEnsures that all essential aspects are captured early in the process, facilitating faster vendor engagement.
- Facilitates Informed ChoicesAllows decision-makers to assess vendor offerings efficiently, highlighting strengths and weaknesses.
Vendor Selection Software Powered By AI
AI-powered vendor selection software designed to accelerate decisions and improve collaboration, delivering measurable efficiency gains in the procurement process.
- Leverage AI InsightsAutomatically generates insights from vast data pools, helping in making informed vendor evaluations swiftly.
- Make Decisions 3x QuickerUsers can quickly evaluate and implement vendor options through enhanced collaboration across departments.
- Achieve Consensus 4x FasterHelps teams reach agreement on project requirements in a fraction of the time compared to traditional methods.
- Streamline Team CollaborationRemoves communication barriers, allowing all stakeholders to provide input and feedback effectively within a single platform.
- Double BA ProductivityEnables business analysts to gather and prioritize requirements with less time spent on manual tasks.
Vendor Selection Software for Digital Transformation
AI-driven vendor selection software for digital transformation initiatives, designed to align with business needs, reduce third-party resource usage, and accelerate buy decisions.
- Accelerate Decision-MakingReduce sourcing timelines significantly through enhanced collaboration and streamlined processes.
- Maximize BA EffectivenessEnhance efficiency in gathering, managing, and validating requirements, allowing analysts to focus on strategic tasks.
- Streamline Requirements AlignmentFacilitate quicker agreement on project needs among stakeholders, leading to faster sourcing cycles.
- Engage All Relevant StakeholdersGather input from all relevant parties to make informed, consensus-driven vendor decisions.
- Cut Vendor Evaluation CostsLower procurement costs by utilizing Olive's efficient internal processes instead of external resources.
Vendor Research
Vendor research component with AI-powered pattern matching, gap analysis, and scoring to surface insights and compare vendors against requirements.
- Score Vendors AccuratelyUtilize AI to assign precise scores to vendors based on their fit against your specific needs, ensuring informed decision-making.
- Identify Fit GapsUse advanced AI to reveal alignment issues between vendor offerings and your requirements, allowing for strategic adjustments.
- Access Extensive Vendor DataTap into a wide range of real evaluation data to make comparisons and selections based on solid evidence from similar engagements.
- Gain Valuable Market InsightsAccess actionable intelligence derived from industry trends and user feedback, enhancing the overall evaluation process.
Vendor Discovery
Vendor discovery module to locate vendors and map them to requirements, integrated with vendor research for evaluation-ready data.
- Enable Fast ComparisonsAccess comprehensive vendor profiles that facilitate immediate and informed comparisons during the selection process.
- Identify the Right VendorsSeamlessly locate vendors that meet specific project requirements, enhancing the sourcing process and aligning offerings to needs.
- Access Tailored InsightsLeverage integrated research to enhance the depth and relevance of vendor evaluations, ensuring decisions are data-driven.
- Automate Research TasksSave time by using AI to generate vendor insights, thus accelerating decision-making without compromising on detail.
- Start Projects for FreeAllows users to begin their vendor evaluation efforts without any financial commitment, making it easy to explore options.
Software Sourcing Platform
Software Sourcing Platform enables end-to-end software sourcing across vendors, with RFP templates, AI guidance, and collaborative decision-making to support digital transformation.
- Enhance Collaboration Across TeamsEngage stakeholders to ensure all voices are heard in the decision-making process, reducing biases and improving outcomes.
- Optimize Software Selection ProcessManage the complete lifecycle of software sourcing from initial discovery to final selection, improving efficiency and effectiveness.
- Simplify RFP CreationUtilize structured templates and AI assistance to streamline the RFP procedures, making them faster and more accurate.
- Make Informed Vendor ChoicesLeverage comparative analytics to objectively evaluate vendors, enhancing the quality of selections.
- Develop Financial InsightsGather cost estimations and manage financial resources allocated for software procurement, ensuring better budget adherence.
- Incorporate Stakeholder InsightsEnsure that input from all relevant parties is documented and used for decision-making, leading to enhanced user satisfaction.
Sources
Methodology and sourcing behind the figures and links shown above.
IT vendor selection and procurement advisory
Estimated by triangulating adjacent market sizes and growth rates in the provided search results. Procurement software market estimates (USD 8.6–9.5B, ~10% CAGR) establish the broader digital procurement spend pool; B2B services review/platforms (USD 0.394B, 5.7% CAGR) represent the niche vendor-discovery/review layer. Large, industry-specific vendor-selection benchmarks (RAN vendor selection ~USD 37.5B, lower single-digit CAGR) show specialized vendor-selection spend can be materially larger in specific verticals. Combining these signals and treating IT vendor selection & procurement advisory as a focused subset of procurement software, advisory/implementation services, and B2B review platforms yields an estimated market size of ~USD 2.5B and a growth potential around a mid-to-high single-digit CAGR (~9%) driven by AI-enabled vendor shortlisting and increasing digital procurement adoption.
- The global procurement software market is estimated around USD 9.50 Billion in 2025, with consistent growth anticipated during 2026–2034.
- The global procurement software market size reached USD 8.6 billion in 2025, poised to expand at a CAGR of 10.2% from 2026 to 2034.
- Valued at USD 394 million in 2024, the market is projected ... registering a CAGR of 5.7% during the forecast period.
- Market Size (2026) USD 37.54 Billion ... registering a CAGR of 2.43% between 2026 and 2031.
RFP and sourcing management
Estimated global RFP & sourcing management market (~$5.5B, 2026) by combining: (1) a focused RFP response automation AI market ($0.9B→$1.1B in 2024–25; $2.43B by 2029) and (2) the larger procurement/supply-chain software opportunity (U.S. SCM software ~USD 7.6B in 2026). Assumed procurement/sourcing represents a meaningful subset of SCM software; applied a global scaling factor and included AI-driven RFP automation as a growth premium to derive a midpoint market size. CAGR (~13.5%) reflects a rate higher than broad SCM software (≈6.7%) due to rapid AI adoption evident in RFP automation forecasts (≈21–22% CAGR), producing a blended, realistic growth expectation for the RFP & sourcing management segment.
Vendor evaluation and procurement intelligence
Estimate based on published figures for adjacent markets in the search results (procurement analytics, procurement software, vendor management systems and AI procurement agents). Procurement-analytics and procurement-software sources report 2025–2026 baselines between ~6.4–8.7 billion USD; vendor-management and AI-agent niches add adjacent addressable spend (~1.9–3.9 billion). Conservatively consolidating overlap and focusing on the vendor-evaluation/procurement-intelligence slice yields ~7.0 billion USD (baseline ~2025–2026). Reported CAGRs vary (6.5%–22.4%); accounting for continued AI/analytics adoption and vendor-evaluation demand, a midpoint growth potential of ~12% CAGR is estimated.
- Revenue, 2026 USD 1.9 Bn; Forecast, 2035 USD 5.9 Bn; CAGR, 2026-2035 13.5%.
- Procurement software market was valued at USD 7.9 billion in 2025; forecast to reach USD 21.9 billion by 2035; CAGR 9.7%.
- Procurement Analytics market size was USD 6.37 billion in 2025; projected USD 48.08 billion by 2035; CAGR 22.4% (2026-2035).
- Global procurement analytics market size was valued at USD 8.73 billion in 2025; reach USD 17.69 billion by 2034; CAGR 6.51%.
- Vendor Management Systems market valued at USD 3.86 Billion in 2025 and projected to reach USD 10.19 Billion by 2035; CAGR 10.2%.
Procurement governance and supplier collaboration
Estimated by treating procurement governance and supplier collaboration as a subsegment of the broader procurement software market (supplier management/collaboration modules ~20% of procurement software revenue). PrecedenceResearch reports global procurement software ~USD 9.8B in 2026; applying a ~20% share yields ~USD 2.0B. Growth rate taken between reported supplier-collaboration CAGR (7.7%) and procurement-software CAGR (9.83%), giving an 8.5% mid-point reflecting steady adoption of cloud, AI, and supplier-collaboration tools.
- Olive
- The AI-Native RFP
- Consultancy Advisory Platform
- Enterprise Vendor Intelligence
- RFP Tool
- RFP Creation
- Vendor Selection Software Powered By AI
- Vendor Selection Software for Digital Transformation
- Vendor Research
- Vendor Discovery
- Software Sourcing Platform
- The global procurement software market is estimated around USD 9.50 Billion in 2025, with consistent growth anticipated during 2026–2034.
- The global procurement software market size reached USD 8.6 billion in 2025, poised to expand at a CAGR of 10.2% from 2026 to 2034.
- Valued at USD 394 million in 2024, the market is projected ... registering a CAGR of 5.7% during the forecast period.
- Market Size (2026) USD 37.54 Billion ... registering a CAGR of 2.43% between 2026 and 2031.
- RFP response automation AI market: $0.9B in 2024, $1.1B in 2025; projected $2.43B by 2029; CAGR 21.7%.
- U.S. supply chain management software market size: USD 7.15 Billion (2025), USD 7.63 Billion (2026); growth rate 6.65% (2026-2031).
- Revenue, 2026 USD 1.9 Bn; Forecast, 2035 USD 5.9 Bn; CAGR, 2026-2035 13.5%.
- Procurement software market was valued at USD 7.9 billion in 2025; forecast to reach USD 21.9 billion by 2035; CAGR 9.7%.
- Procurement Analytics market size was USD 6.37 billion in 2025; projected USD 48.08 billion by 2035; CAGR 22.4% (2026-2035).
- Global procurement analytics market size was valued at USD 8.73 billion in 2025; reach USD 17.69 billion by 2034; CAGR 6.51%.
- Vendor Management Systems market valued at USD 3.86 Billion in 2025 and projected to reach USD 10.19 Billion by 2035; CAGR 10.2%.
- market size accounted for USD 8.96 billion in 2025, USD 9.84 billion in 2026, CAGR 9.83% from 2026 to 2035
- anticipated to grow at an annual rate of 7.7% from 2026 to 2033
- Market Size (2026) USD 7.11 Billion, Growth Rate (2026 - 2031) 23.85%
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