By the numbers
Scale from day one
A founding anchor-buyer partnership underpins the first SIGNET deployment — combining €26 billion of annual procurement spend across 23 countries. This anchor-buyer pull is the precondition that network economics require.
Precedent
The BuyIn proof point
BuyIn (Deutsche Telekom–Orange)
- 50/50 procurement JV, ~250 employees
- Consolidated customer, network, IT procurement
- €1.3 billion annual run-rate savings within 3 years
- Expanded to Bell Canada, NOS, Proximus
- Proved that telco procurement consolidation works at scale
The SIGNET Opportunity
- €26 billion combined spend, 23 countries
- Larger starting position than BuyIn
- Agent-native + open-standards + decentralised identity architecture
- Goes beyond consolidation to create a genuine network effect
- SIGNET is the platform; the founding consortium is the first customer
Supported standards
Open standards, by category
Interoperability
SIGNET orchestrates the stack you already have
SIGNET is an orchestration standard, not a platform to rip and replace. It sits above your existing procurement systems and connects them through open standards — so you gain rapid, compliant, standards-based orchestration regardless of which tools you run today. The systems named below are illustrative examples of the categories SIGNET orchestrates; they are not endorsed, required, or preferred. Any conformant tool in each category works.
| Function | Example systems | How SIGNET orchestrates |
|---|---|---|
| Sourcing | e.g. Pega, Coupa, Jaggaer | Unified orchestration across whichever sourcing platform you run |
| Contract lifecycle | e.g. Sirion, Icertis, DocuSign CLM | A single coordination layer across one or more CLM systems |
| Integrity & due diligence | e.g. Exiger, Dun & Bradstreet, EcoVadis | Risk and compliance signals integrated via standard connectors |
| Spend analytics | e.g. akirolabs, plus AI agents | Category intelligence with a governed agent overlay |
| ERP / P2P | e.g. SAP, Oracle, Microsoft Dynamics | Standards-based integration with your ERP of record |
| E-invoicing | Any PEPPOL Access Point | EN 16931 canonical format, multi-country compliance |
| Integration | Any iPaaS (e.g. Workato, MuleSoft) | Event-driven data pipelines and format translation |
| Identity | Your IdP + DIDs / Verifiable Credentials | Three-layer progressive identity — works with your existing SSO |
Named products are examples only, to illustrate each category. Concert does not endorse, certify, or require any particular vendor. SIGNET is vendor-, model-, and organisation-agnostic by design.