WALLDORF, Germany, Feb. 11, 2015 /PRNewswire/ -- Ariba, an SAP SE (NYSE: SAP) company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Strategic Sourcing Suites, 2015.
Ariba has been recognized as a leader in every Gartner Magic Quadrant for Strategic Sourcing Applications and Sourcing Application Suites published since 2008.
"We believe our positioning in the Gartner Magic Quadrant for Strategic Sourcing validates our mission to help companies harness the convenience and agility of the cloud and the insights and intelligence of business networks to run their business in the simplest possible way," said Sanish Mondkar, chief product officer, Ariba. "We continue to execute this mission, delivering solutions that empower our customers to optimize collaboration within the enterprise and across the supply chain to achieve new levels of innovation, efficiency and agility."
The 2015 report evaluated the full suite of strategic sourcing solutions from Ariba, which integrate with its applications for contract and invoice management, procurement and the Ariba® Network, and recognized the company as a leading provider based on its "ability to execute" and "completeness of vision."
"At CVS Caremark, we continue to look for ways to improve our sourcing and procurement capabilities and drive savings," said Anna Umberto, vice president, Strategic Procurement, CVS Caremark. "Ariba solutions help us accomplish this by providing technology, capabilities and best-practice processes that we can use to create a standard, automated process for sourcing from bid to contract, manage content and workflow and ensure compliance with our agreements."
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. Click here to learn more about Ariba solutions and the benefits they can deliver to an organization.
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Media Contact:
Karen Master, +1 (412) 297-8177, [email protected], EST
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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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SOURCE SAP SE
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