The impact of this convergence is clear in the consumer world. Whether searching on Google, shopping on Amazon, downloading music from iTunes, or engaging on Facebook or Twitter, we use networks to run our personal lives because they make things easy.“When shopping on Amazon, you don’t worry about connecting to each individual merchant. When it comes time to pay, you don’t worry about integrating into each individual bank or credit card company. It’s all done for you within the Network,” Calderoni said. “Whether you’re buying a book or a blender, you get the same simple shopping experience. It’s all transparent and easy for the end user.” Now, businesses are demanding the same experience. “Companies are looking beyond the traditional view of IT to extend their procurement, sales, and finance processes and systems outside their four walls,” Calderoni said. “They want to discover, connect, and collaborate more efficiently with their trading partners, and they want to do it all as easily as they do in their personal lives.” By combining cloud-based applications for collaborative commerce with the Ariba ® Network, Ariba enables companies to do just this - anywhere, at any time from any device. The Ariba Network is the largest business trading community, used by companies around the world to transact more than $300 billion on an annual basis. “Just as Facebook is the destination for people looking to more efficiently manage their personal networks and activities, Ariba is the destination for businesses looking to better manage their trading relationships and commerce activities,” Calderoni said. “And like Facebook, we are always innovating, continually striving to make it easier for more buyers and more sellers to share, manage information and collaborate.” A decade ago, there was serious debate about the viability of the Internet as a channel for business – or even a tool to power it. “Today, it is clearly a driving force of productivity and profitability,” Calderoni said. “Through our easy-to-implement and use collaborative commerce applications, web-based trading community and unique capabilities, we will continue to help companies unleash the power of their business networks and drive future growth, profitability and differentiation across their businesses.”
To learn more about how Ariba can help transform your company into a Networked Enterprise, visit www.ariba.comAbout Ariba, Inc. Ariba, Inc. 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 Copyright © 1996 – 2012 Ariba, Inc.Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement, Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba Category Management, Ariba Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management, Ariba Contract Compliance, Ariba Electronic Signatures, Ariba StartContracts, Ariba Invoice Management, Ariba Payment Management, Ariba Working Capital Management, Ariba Settlement, Ariba Supplier Information and Performance Management, Ariba Supplier Information Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries. Ariba Safe HarborSafe 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 current expectations include, but are not limited to: the impact of the credit crises on Ariba’s results of operations and financial condition; 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 impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; 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 and dispositions, 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 with the SEC on February 7, 2012.