Ariba Identified as a Top eProcurement Solution
Ariba Technologies Netherlands
Procurement, Contract Management, E-procurement
Ariba Identified as a Top eProcurement Solution
Company earns the top score for Current Offering for eProcurement Solutions and Supplier Enablement in independent research firm report
SUNNYVALE, Calif., April 30, 2007 - Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it has been named a top overall eProcurement solution by an independent research firm. In a new report by Forrester Research, Ariba is identified as one of the best overall current offerings and noted for its "strong functionality, good corporate strategy and more than adequate financial resources." (The Forrester Wave™: eProcurement Solutions, Q2 2007, Forrester Research, Inc., April 2007).
Designed to assess the state of the market for eProcurement solutions, the report evaluates 13 vendors against 118 criteria. Ariba received top scores for reporting and supplier connectivity and enablement features.
According to the report, "Ariba has been in the eProcurement market since 1996 and that experience shows in the strength of its product offering. For customers that are concerned with a broad array of strong functionality and the best overall current offering, Ariba is the best bet."
The annual measure further notes that based on its strong product features across the board, Ariba is an especially good fit for buyers that want the strongest overall product offering with a proven vendor and need a strong supplier network.
"Procurement is a core component of successful spend management and to excel, companies must look beyond technology for solutions that combine the domain expertise and best practices that are necessary to deliver results,” said Bob Shecterle, Vice President, Solutions Marketing, Ariba. "At Ariba, we pride ourselves on delivering all three in a single, integrated platform that companies of all types and sizes across industries can leverage to enhance their procurement processes and deliver savings and efficiencies that quickly translate into sustainable and measurable bottom-line results."
Ariba’s solutions combine world-class technology, deep category expertise and industry best practices to help companies manage their spend from end-to-end. With Ariba, companies have access to a complete range of offerings they can leverage across direct and indirect materials, services, and MRO spend, and one of the world’s largest business transaction networks which they can use to collaborate and do business with suppliers around the globe.
For more information on Ariba’s Spend Management™ solutions and the value they are delivering at companies around the world, please visit www.ariba.com. To access the independent report, "The Forrester Wave™: eProcurement Solutions, Q2 2007, Forrester Research, Inc., April 2007, visit:
About Ariba, Inc.
Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management™ software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from its current expectations include, but are not limited to: delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed February 20, 2007.
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