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Sourcing  // Posts tagged as "Sourcing"

SAP Ariba Partners with IBM Emptoris to Bring Cognitive Procurement to the Masses

This morning at SAP’s annual SAPPHIRE NOW conference, SAP Ariba President, Alex Atzberger announced that his company will partner with IBM Emptoris to bring cognitive procurement to the Ariba Network of more than 2.5 million users.  Ardent Partners connected with Alex and Mike O’Leary, Director, Procurement Solutions and Supply Chain Insights, IBM Watson Customer Engagement, prior to the announcement to...

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Opportunities for Direct Materials eSourcing

At this year’s SAP Ariba Live, SAP Ariba announced that they are making a strategic push into direct materials management, among other things, in an effort to expand their solution footprint, increase spend coverage, and drive towards its goal of having $5 trillion in spend transacted on the Ariba Network. DirectWorks is another company that plays...

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Technology Round-Up – August 25, 2016

Determine Announces Financial Results for Q1 2017 On August 10, Determine, Inc. (NASDAQ: DTRM), the Indiana-based provider of contract management and source-to-settle solutions for the cloud, announced financial results for the first quarter of Fiscal Year 2017. Although GAAP-based revenues and recurring revenues increased slightly from Q4 2016, annual recurring revenues fell slightly year-over-year, which Determine President and CEO,...

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Exostar: Enhancing Security for Source-to-Settle Solutions

The Ardent Partners analyst team recently sat down with Tim Zullo, Marketing Director, and Mark Hogan,Product Manager, of Exostar, a Northern Virginia based provider of secure source-to-pay solutions for heavily regulated industries, who briefed us on what the company has been up to recently and what its plans are for the year ahead. Background Exostar began as a...

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Going Swifter, Higher, Stronger in 2016

The Rio 2016 Olympics are still going full throttle through this Sunday and I’ve been doing my best to watch as much as I can (how about those American swimmers from Maryland!!). This year, approximately 11,550 athletes representing teams from 205 countries plus two independent teams  (Independent Olympic Team and the Refugee Olympic Team) traveled to Brazil to compete in...

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CPO Rising 2016: How the Best-in-Class Manage Supplier Performance for Superior Gains

Editor’s Note: For the past few weeks, we have been featuring a series of articles based in large part on Ardent Partners’ flagship research report, CPO Rising 2016: The Art and Science of Procurement (click to download). This benchmark report, sponsored by SAP Ariba, is based on the experiences of 331 Chief Procurement Officers and...

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Bravo’s New P2P Advantage: BravoSolution Acquires Puridiom (Instant Analysis)

On Monday, BravoSolution, a supply management solution provider that offers a suite of strategic sourcing solutions, announced that it had acquired Puridiom, a small, but longstanding solution suite provider specializing in procure-to-pay (“P2P”), in a transaction that closed on August 1. Financial terms of the transaction were not announced. The deal advances Bravo’s ongoing reach into the...

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Scanmarket: Continued Growth and an Eye on a Source-to-Settle Future

The analyst team at Ardent Partners recently sat down with Ole Nielsen, Founder and Chairman ofScanmarket A/S, a European-based provider of strategic sourcing solutions that was founded in 1999. Ole is based in Atlanta where he serves as the President & CEO Scanmarket’s North American Operations. Scanmarket Hits a Growth Spurt According to Ole, Scanmarket had a...

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CPO Rising 2016: How the Best-in-Class Leverage eSourcing for Superior Performance

Editor’s Note: Today and for the next few weeks, we will feature a series of articles based in large part on Ardent Partners’ flagship research report, CPO Rising 2016: The Art and Science of Procurement (click to download). This benchmark report, sponsored by SAP Ariba, is based on the experiences of 331 Chief Procurement Officers...

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How Source-to-Settle Solutions Manage (and Leverage) Big Data – eSourcing

In the digital age, organizations as a whole and procurement departments in particular swim in data. It is everywhere, spread across an alphabet soup of internal and external systems – some connected, some not; some refined, some not; some structured, some not. It wasn’t always this way. Twenty-five years ago, the procurement function was manual,...

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