REPORT: The 2025 State of Contracting

Icertis Wins 2025 Artificial Intelligence Excellence Awards

Awards Program Celebrates Icertis as a Generative AI Standout for Third Consecutive Year

Icertis has been named a winner in the 2025 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. This marks the company’s third consecutive year as a winner in the Generative AI category, demonstrating its commitment to shaping the future of agentic contracting while delivering measurable ROI with AI. 

As the only contract intelligence vendor recognized for its groundbreaking advancements, Icertis has significantly impacted enterprises worldwide by redefining the role of contracts in driving strategic decision making, automating core operations, and accelerating financial results. By combining best-in-class AI models and contract data that reflects every business transaction, Icertis leverages GenAI to find immediate value in contracts, then ensures what’s agreed to in the contract is delivered to enable long-term business outcomes.  

“The only limit to AI’s potential is human imagination. When it comes to AI in the enterprise, Icertis is committed to acting as a catalyst for change. With AI spending projected to reach an astounding $337 billion in 2025, Icertis will continue to deliver the visionary innovation, enterprise-grade security, and deep integrations our customers have come to rely on as we partner together to unlock revenue and recapture value in every contract,” said Sudarshan Chitre, Senior Vice President, Artificial Intelligence in a recent blog post

As the global leader in contract intelligence, Icertis is uniquely positioned to deliver customer value in the age of AI because:  

  • Icertis is building agentic workflows into its platform to bring businesses one step closer to autonomous contracting and empower agents as a force multiplier for enterprise productivity and performance. 
  • The Icertis platform was designed from its inception to enable a multi-model AI ecosystem for customers via the Icertis OmniModel™ strategy, establishing an adaptable foundation that integrates with the latest AI advancements.   
  • Icertis was a launch partner for Microsoft Azure OpenAI and has a long-standing strategic partnership with Microsoft, enabling the security and reliability large-scale enterprises need to responsibly integrate GenAI into core business operations.  
  • Icertis delivered the market’s first GenAI-powered Copilot for enterprise contracting and grew adoption 360 percent year-over-year. 

"The AI industry is evolving rapidly, and it is through the efforts of companies like Icertis that we see real-world applications driving change," said Russ Fordyce, CEO of the Business Intelligence Group. "Their work exemplifies the kind of innovation and leadership that is shaping the future of artificial intelligence."

The Artificial Intelligence Excellence Awards celebrate the most innovative companies, technologies, and professionals who are leading the way in AI innovation. Winners are selected by a panel of industry experts who evaluate nominees based on their creativity, impact, and measurable success in AI-driven solutions.