Globality is a leading startup in the autonomous procurement sector, leveraging advanced artificial intelligence (AI) to streamline sourcing and procurement processes for global companies. The company's primary offering is an AI-powered platform that automates various aspects of procurement, including defining project requirements, identifying suitable suppliers, providing negotiation insights, and enabling data-driven decision making.

The platform serves a broad range of clients, including large multinational corporations looking to cut costs and increase efficiencies. It operates in the procurement market, which involves sourcing goods and services from suppliers.

Globality's business model revolves around its proprietary AI engine, which understands complex intent and can define project requirements faster and more accurately than humans. After scoping a project and defining its objectives, the platform provides a list of suitable suppliers from both the client's preferred suppliers and Globality's vetted database.

The platform also analyzes supplier proposals and presents insights that allow clients to compare project costs and timelines instantly, giving them an edge in negotiations. Furthermore, it ensures that the chosen supplier has passed all necessary compliance checks, thereby reducing supervision and increasing governance.

Globality makes money by charging its clients for access to its platform and its various features. The platform's AI engine is constantly learning and provides intelligent recommendations, turning client's spend data into a value-creating asset.

In summary, Globality is a game-changing startup that uses AI to automate procurement, helping companies save time, reduce costs, and make data-driven decisions.

Keywords: Autonomous Procurement, Artificial Intelligence, Sourcing, Cost Reduction, Efficiency, Data-Driven Decisions, Supplier Identification, Negotiation Insights, Compliance Checks, Spend Data Analysis.