Featuring speakers from Intel, Gartner®, and leading global enterprises, the October 29 virtual event will offer firsthand perspectives on managing AI spend and establishing the practices needed for enterprise-wide AI adoption
INDIANAPOLIS, Oct. 27, 2026 /PRNewswire-PRWeb/ -- Zylo, the enterprise leader in SaaS and AI spend management, today announced AI Spend Summit, a new virtual event bringing together some of the industry's most influential voices and enterprise leaders at the forefront of AI adoption. Taking place October 29, 2026, the summit will examine how AI is changing enterprise software spending and how organizations are managing increasingly unpredictable costs.
Enterprise AI spending is accelerating at an extraordinary rate. According to Zylo's latest research, spending on AI-native software surged 334% year over year, climbing 507% among enterprises with more than 10,000 employees. Consumption-based pricing and AI capabilities embedded in existing software are making costs harder to predict. For enterprise leaders, managing this rapidly expanding category of spend means charting new territory while finding ways to support widespread adoption.
Designed for CIOs, CFOs, IT, finance, FinOps, and procurement professionals, AI Spend Summit offers an inside look at how leading enterprises are managing AI spend at scale, from establishing financial oversight to determining how AI delivers value across the business.
"AI spending has become a boardroom conversation. Enterprises are investing heavily in AI, and the pressure to understand and control those costs is intensifying," said Ben Pippenger, Co-founder and VP of Strategic Partnerships at Zylo. "The challenge is establishing accountability for that spending while giving people the freedom to innovate. We're bringing together some of the sharpest minds in the industry and enterprise leaders on the front lines of AI adoption to share what they're learning and help establish what effective AI spend management looks like."
The summit will feature an exceptional lineup of speakers, including Cynthia Stoddard, CIO and Senior Vice President at Intel; Cesar Lozada, Senior Director Analyst at Gartner®; J.R. Storment, Executive Director of the Tokenomics Foundation; Byron Deeter, Partner at Bessemer Venture Partners; and Matt Murphy, Partner at Menlo Ventures. CIOs, CFOs, and senior technology leaders from Seismic, Huntress, Trimble, Barracuda, Cox Automotive, and ModMed will also take the stage.
Zylo will also unveil its new AI spend management solution, developed in collaboration with enterprise clients to address the growing complexity of AI costs. Zylo Chief Product Officer Matt DiAntonio will be joined by Andrew Davis, Senior Director of Cloud and AI Business at Cox Automotive, to discuss the enterprise needs driving the solution's development. Attendees will get an exclusive first look at the solution in action.
Over the past decade, Zylo has established itself as the leader in enterprise software spend management, processing and categorizing more than $100 billion in SaaS, cloud, and AI spend. AI Spend Summit builds on that expertise, bringing the industry's brightest minds together to advance enterprise AI spend management.
AI Spend Summit takes place virtually on October 29, 2026, beginning at 11:30 a.m. ET. To view the full agenda and register, visit zylo.ai.
About Zylo
Zylo is the enterprise leader in SaaS and AI spend management. Anchored by the industry's largest trained dataset of over $100B in SaaS, cloud, and AI spend, Zylo's proprietary discovery engine continuously uncovers all software spend while centralizing contract and cost data.
Zylo combines its platform with dedicated SaaS Management expertise to reduce unnecessary spend, realize cost savings, and strengthen compliance for the world's largest and most innovative companies. Global enterprises including AbbVie, Adobe, Atlassian, Hyatt, Intuit, Salesforce, and The Home Depot rely on Zylo to manage and optimize their software portfolios.
For more information, visit zylo.com.
Media Contact
Christina Wang, Zylo, 1 919-263-0962, [email protected], zylo.com
SOURCE Zylo
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