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TheStreet Open House

Ariba Positioned As A Leader In Gartner Magic Quadrant For Strategic Sourcing

Stock quotes in this article: SAP

The latest magic quadrant for strategic sourcing technologies from Gartner, Inc. is out. And Ariba, an SAP Company, is positioned as a Leader with the highest placement for its ability to execute.

“Strategic sourcing provides the single greatest opportunity to impact the cost, quality, and performance of the supply chain and is among the quickest paths to improved performance and productivity. But it involves more than just automating processes,” said Rachel Spasser, Senior Vice President of Marketing, Ariba.

By combining cloud-based sourcing technology with access to the world’s largest and most global business network, Ariba’s cloud-based sourcing solutions enable companies of all sizes, across industries and geographies, discover one another and connect and collaborate more efficiently and effectively than ever before.

“All companies want to negotiate best-value agreements and deliver sustainable savings. And that requires a strategic sourcing environment that is connected to a powerful supplier network and fueled by superior cloud-based applications, expertise, and information,” Spasser continued. “Ariba’s solutions are uniquely designed to help companies create this environment and go beyond savings to improve their performance, productivity, and ultimately, profits. We are pleased to be recognized by Gartner for our ability to execute and completeness of vision.”

About the Magic Quadrant

Gartner, Inc., Magic Quadrant for Strategic Sourcing Application Suites, Deborah R. Wilson, et al, July 1, 2013. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Ariba, an SAP Company

Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba ® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 238,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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