Right, it’s only my point of view. Anyone can think differently and believe that the value of the merger lies on the synergies of the 2 companies, but I don’t myself, motivated by following arguments: – The functional coverage of the 2 apps offered by Ariba and Procuri is more or less similar, – The [...]
You can read below the article published by BUSINESS WIRE and announcing the merger I releaved to you a couple of weeks ago on this blog: CORRECTING and REPLACING Supply Chain Leaders CorMine and Perfect Commerce Announce Merger Newly Combined Company Brings Customers World-Class SaaS Sourcing and Procurement Solutions; Drives Efficiencies and Cost-Savings that Outpace [...]
I’ve fished this news fresh from today. It has been posted here on cc-hubwoo website. The news went fast around as I found it initially on SpendMatters a couple of hours ago, thanks to Jason Busch. Before sharing some of my feelings and first thoughts on the face of it, let me remind you cc-hubwoo’s [...]
Are you still ignoring who Achilles Group is? Of course not! Indeed, a ~30M€ revenue and worldwide leading provider of Supplier Management Information (supplier pre-qualification databases). Achilles’ supplier management schemes speeds up the sourcing & procurement cycle while promoting corporate social responsibility. Achilles’ main weakness is aligned on its key strength, this strength which enabled [...]
Alibaba, the world’s largest online B2B marketplace for global and domestic China trade with over 20 million registered members in more than 200 countries and territories, the famous company founded by Jack Ma 7 years ago expects total revenue to hit US$1.25 billion by 2009. The 1999′s 18-man-startup already reached US$100 million in the first [...]
IBX establishes new office in the UK and announces 35 per cent growth during 2006 thanks to Portum acquisition, X2 investments and consequently additional long-term deals. Press release is there. Let’s notice that IBX’s growth in 2006 is much more significant than Hubwoo’s (4,6%) although not based on the same foundation even if, so far, [...]
In his recent public press release the 10th of May, Alain Andreoli (CEO of CC-Hubwoo) reported that: “Consolidated revenues for the first quarter were 8.0 million euros, in line with the Group’s expectations. On a constant exchange basis, revenues for the first quarter were flat versus 2006. The company has previously announced that it expects [...]
Each year SAP offers a major opportunity for its customers, partners, consultants, and users, to learn about SAP solutions at its ‘SAP-PHIRE’ event. On April 22 – 25, 2007, executives, business managers, and industry experts have been invited at SAPPHIRE ’07 Atlanta to exchange ideas and explore innovative business and technology solutions. You couldn’t make [...]
Lately and following his 25-page Forrester Wave™ Vendor report for Q2 2007, Andrew Bartels updated his views about top procurement providers: Ariba remains the Goliath of the market, while competition is getting closer, succeeding in developing differentiators, and sometimes over-exceeding Ariba’s performance on specific functionality, product categories or sectors. Not a surprise really for me, [...]
Following the closure of Eutilia and convinced about eSourcing tools value, Suez, a leading international industrial utility Group, has launched a RFP in early 2007 to find a substitution solution. Leading solution-providers like Synertrade, BravoSolution, Ariba were invited to reply. Finally, end of March, Suez has decided to go with VerticalNet’s XE Sourcing solution to [...]
The Manufacturing Marketplace MFG.com announced (here) it has secured Funding for Global Expansion. The amount is kept confidential. On the other hand, MFG-SourcingParts (the 2 companies merged in 2006) announced as well (there, in french) an impressive growth of 49% in 2006, which means a total revenue of (4M€+15M€)*1,49%=28M€, if my understanding is right (i.e it is [...]
Solectron Corporation, founded in 1977, is a leading global provider of electronics manufacturing services (EMS) and integrated supply chain solutions. Solectron serves the world’s most innovative companies in industries that rely on high-tech electronics. Solectron’s 50,000 employees have a hand in designing, making and servicing products that people around the world rely on every day: PC’s, [...]
VerticalNet financial figures are improving but still didn’t turn black. Nor is improving its revenue stream: only 16M$ in 2006 compared to 20M$ in 2005. It’s a pity for such a quality technology provider – vision and features always impressed prospects, as far as I know – which suffers – and will suffer – from [...]
Maud Larpent from Reuters just informed me, early this week, about the launch of Reuters Insight. She has been kind enough to pre-register me so I could have a try ASAP, what I did. The service is still in beta version and you can feel and see it: A help button is obviously missing for [...]
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