Sirion's AI-Native CLM Earns Spot on Hackett Group's '50 to Know' List

LEHI, Utah – February 24, 2026 – Sirion, a leader in AI-native Contract Lifecycle Management (CLM), has been named to The Hackett Group's prestigious 2025-2026 ‘50 to Know’ list. The recognition places Sirion among the top solution providers shaping the global procurement technology market, underscoring a significant industry shift towards deeply embedded artificial intelligence and a focus on measurable business outcomes.

The annual assessment, compiled by The Hackett Group's Solution Intelligence analysts—formerly the respected Spend Matters™ team—is a critical benchmark for enterprises navigating the increasingly complex landscape of procurement technology. Sirion's inclusion highlights its innovative approach to managing the entire lifecycle of enterprise contracts through a platform built from the ground up with AI at its core.

The Hackett Group's Seal of Approval

For any organization evaluating technology investments, third-party validation from a firm like The Hackett Group carries substantial weight. The Hackett Group is a leading generative AI consultancy known for its deep market intelligence, built upon data from over 25,000 benchmark studies with the world's largest companies, including 90% of the Fortune 100.

The selection process for the ‘50 to Know’ list is notably rigorous. For the 2025-2026 cycle, analysts evaluated approximately 220 global vendors. A key requirement for eligibility was participation in live product demonstrations, enabling a consistent and objective assessment across the board. Vendors were judged on criteria including technology capability, solution maturity, innovation, customer adoption, and overall market impact. This data-driven methodology ensures that the list serves as a credible starting point for buyers.

"These lists often serve as a starting point for organizations evaluating procurement technology investments," said Nikhil Gaur, director of strategic projects and research analyst at The Hackett Group®. "As the market becomes more crowded and AI adoption accelerates, providers that stand out are those demonstrating both innovation and the ability to deliver real business impact."

This year's evaluation specifically noted that AI-enabled capabilities are now widely embedded across platforms. The new differentiator, according to the firm, is how effectively providers translate that innovation into practical, scalable results—a standard Sirion has evidently met.

The AI-Native Advantage in a Crowded Field

In the competitive CLM market, which includes major players like Icertis, DocuSign CLM, and Ironclad, Sirion distinguishes itself with an "AI-native" architecture. Unlike legacy platforms that may have added AI features over time, Sirion's platform was designed around artificial intelligence from its inception, a strategy supported by over 15 years of dedicated AI research and development.

This approach manifests in a suite of specialized AI agents governed by an AI-native operating system called "agentOS™." These agents are designed for specific, high-value contract management tasks. The "Extraction Agent" can pull key terms and data from millions of legacy contracts, the "Issue Detection Agent" flags risks and inconsistencies, and the conversational "Ask Sirion" agent allows users to query contract data using natural language. This creates what the company calls a "360 Conversational Contracting Experience."

“As AI reshapes the enterprise, contracting must evolve from static workflows to AI-native systems of record that enable conversational, decision-ready engagement,” said Devinder Jeet Singh, Chief Marketing Officer at Sirion. “At Sirion, we are pioneering this shift by combining conversational AI with practitioner-grade, purpose-built intelligence to drive precision, transparency, and measurable business impact. This recognition underscores the innovation of our teams and the trust our customers and partners place in us as we redefine the future of enterprise contracting.”

AI's Broader Transformation of Procurement

Sirion's recognition is reflective of a seismic shift occurring across the entire procurement and supply chain sector. Research indicates that by 2025, nearly 80% of global enterprises will have implemented or be actively scaling AI-powered procurement tools. The goal is to move beyond simple automation and toward autonomous, strategic functions that drive value far beyond cost savings.

AI is enabling procurement teams to analyze vast datasets for predictive spend management, monitor supplier risk in real-time, and gain unprecedented insights into contract performance. In contract management specifically, AI-native platforms are revolutionizing a traditionally manual and cumbersome process. They automate drafting, accelerate negotiation cycles, ensure compliance, and, crucially, unlock post-signature value by continuously monitoring obligations and performance.

However, the path to adoption is not without challenges. Many organizations grapple with poor data quality, siloed systems, and internal resistance to change. The success of platforms like Sirion often depends on their ability to integrate seamlessly into existing enterprise ecosystems and demonstrate a clear return on investment, thereby overcoming these hurdles.

From Innovation to Measurable Impact

Ultimately, The Hackett Group's evaluation hinges on a provider's ability to deliver "real business impact." Sirion substantiates its claims with a portfolio of success stories from some of the world's largest enterprises. Global telecommunications giant Vodafone, for example, reported an 80% reduction in supplier disputes after implementing the platform to make its contract lifecycle "smarter." Raiffeisen Bank International used Sirion to accelerate decision-making and increase its contract volume by 60% while strengthening global compliance.

Other notable clients have realized significant financial benefits. EY identified millions of dollars in invoice leakage within six months of implementation, and Qantas used the platform to pinpoint millions in invoice discrepancies and performance credits. These tangible results, backed by a customer satisfaction rating of 4.8 out of 5.0 across more than a thousand reviews on the platform FeaturedCustomers, provide concrete evidence of Sirion's value proposition.

By securing a place on the ‘50 to Know’ list, Sirion has not only received a prestigious endorsement but has also validated the market's growing appetite for intelligent, AI-first enterprise solutions. For procurement and legal leaders, this recognition serves as a strong signal that the future of contracting is not just automated, but truly intelligent.