Icertis Named a Trailblazer in Business Intelligence Group Innovation Awards

Icertis Copilot Adoption Grows +360% Year-over-Year as Contract Intelligence Leader Transforms Commerce with Generative AI

BELLEVUE, Wash.--(BUSINESS WIRE)--Icertis, the global leader in AI-powered contract intelligence, was named a winner in the 2025 BIG Innovation Awards, presented by the Business Intelligence Group. This recognition highlights the company’s leadership in integrating Generative AI and best-in-class large language models (LLMs) with an AI-ready platform that leverages contract data to optimize every business relationship for the world’s largest enterprises.

Recognizing trailblazers since 2011, the BIG Innovation Awards celebrate organizations and individuals pushing boundaries and advancing their industries. Icertis distinguished itself among nominees by championing generative AI innovation in contracting with Icertis Copilot, effectively enabling customers to grow revenue, control costs, mitigate risk, and ensure compliance by surfacing actionable insights across thousands of agreements. The number of customers leveraging Icertis Copilot has grown more than 360 percent year-over-year, and now the company is looking ahead to its next phase of AI-driven transformation.

“Icertis released the market’s first GenAI contracting Copilot, which quickly became the fastest growing product in the history of our business. Now we’re on the brink of ushering in a new way of working with AI agents and agentic workflows because we have the integrations, AI expertise, and deep understanding of contracts necessary to deliver an agent-powered platform that’s foundational to the enterprise,” said Monish Darda, CTO and Co-founder, Icertis. “Receiving the BIG Innovation Award reaffirms our unique opportunity to deliver business value through contract intelligence safely and securely. Agentic workflows that work alongside our customers to infuse contract insights into critical processes across sales, procurement, finance, and HR – while continuing to keep business goals at the forefront – will unlock the next level of intelligent contracting and drive unprecedented innovation for the enterprise in 2025 and beyond.”

Icertis research found that 90 percent of CEOs believe they are leaving money on the table during contract negotiations, and the average Fortune 500 company loses $3.6 billion in revenue due to missed contract obligations. Furthermore, more than half of leaders surveyed plan to implement AI tools in 2025, including incorporating AI into contract management to realize the full potential of business relationships. In today’s economy, where global commerce is poised for evolution, Icertis is cutting through the AI hype to deliver data-driven insights that equip business leaders to navigate complexity, positioning enterprises to balance growth and profitability while maximizing margins in the year ahead.

Icertis has delivered market-leading AI through its contracting platform since 2018 and continues to pioneer a new category of enterprise software. Trusted today by more than one third of the Fortune 100, Icertis remains at the cutting edge of AI innovation as it leverages GenAI to redefine what enterprise software can achieve.

About Icertis

Icertis is the global leader in AI-powered contract intelligence. The Icertis platform revolutionizes contract management, equipping customers with powerful insights and automation to grow revenue, control costs, mitigate risk, and ensure compliance - the pillars of business success. Today, more than one third of the Fortune 100 trust Icertis to realize the full intent of millions of commercial agreements in 90+ countries.