Intent to Acquire Emptoris
In a move that extends IBM’s Smarter Commerce solution portfolio, IBM has announced the intent to acquire Emptoris, Inc. – a leading provider of strategic supply, category spend and contract management solutions.
Smarter Commerce is unique approach to the commerce lifecycle that increases the value companies generate for their customers, partners and shareholders in a rapidly changing digital world. It is designed to help companies better integrate and more effectively manage their value chain, including buy, market, sell, and service processes to put the customer at the center of decisions and actions leading to greater customer loyalty, revenue / margin growth and agility.
With this acquisition, IBM extends its “buy” portfolio of solutions focusing on the needs of procurement and sourcing professionals. Procurement and sourcing professionals increasingly need better supplier management, spend analysis and contract management solutions to lower sourcing costs, improve contract compliance and help meet growing customer expectations of supply chain efficiency. Emptoris is a market leader in delivering these benefits by automating vendor negotiation, management and compliance to reduce operational cost and risk.
Along with its software solutions, Emptoris brings to IBM a team of over 700 employees around the world. Emptoris serves more than 350 customers in 75 countries. Emptoris will be integrated into the Industry Solutions division of the IBM Software Group.
Related posts:
- SAP E-Sourcing On-Demand
- IBX Spend Capture Cloud Launched
- Innovation Award for Ariba
- IBM and Heiler Software Cooperate
- Siemens Extends Strategic Relationship with SAP
- Software AG Planning IDS Scheer Takeover
- Cadenas Partnership with Siemens PLM Software
Comments
Leave a Reply
