Ariba, Inc, (NASDAQ: ARBA), the leading provider of
collaborative business commerce solutions, is expanding its global
channel partnerships. The company today announced agreements with
two leading IT consultancies to resell its solutions across the
Asia Pacific region. ECC International Group, a dynamic and
innovative consulting and products company specializing in quality
and process improvement across Southeast Asia, has signed on to
resell Ariba’s offerings to customers throughout the Phillipines
and Theta Edge Berhad, formerly known as Lityan Holdings Berhad, a
Bursa-listed IT service provider, will do the same in Malaysia.
“In today’s economy, few things are more critical to survival
than managing costs and cash,” said Susan England, Vice President,
Channel Sales, Ariba. “Ariba provides companies with access to
market-leading technology, expert capabilities and the world’s
largest trading partner community which they can leverage to
control costs, minimize risk and optimize cash flow and operations.
We are pleased to be teaming with ECCI and Theta Edge to bring our
solutions to market in the Asia Pacific and to helping companies
throughout the region deliver results.”
Under the terms of its agreements with Ariba, ECCI and Theta
Edge will offer Ariba’s cloud-based solutions to customers to help
them create a standardized, best-practice approach to procurement
that is tightly integrated with other business functions such as
finance and aligned with overall corporate goals.
"The economic crisis has taught us a lot of things, the most
common of them being that companies must procure goods and services
for less," said Sreeni Narayanan, Managing Director of ECCI Group.
"But it can’t be done in a vacuum. By joining forces with Ariba, we
can provide companies with all of the tools they need to mature
their procurement processes and collaborate with key stakeholders
across the enterprise to create superior financial impact for their
organizations."
“In joining forces with Ariba, Theta Edge can help companies in
Malaysia drive better commerce through more efficient sourcing and
spend management,” said Nor Badli Mohd Alias, Group Managing
Director and Chief Executive Officer of Theta Edge Berhad. “Our
experience in system integration capabilities and existing customer
base and available prospects, coupled with Ariba’s proven solutions
and processes provide companies throughout the country with
everything needed to improve their cost structures and
performance.”
Ariba delivers a comprehensive range of solutions designed to
help companies drive more efficient, effective and collaborative
business commerce through the Ariba Commerce Cloud, including:
- Market-leading applications for
Spend Management, Collaborative Finance Management, and Sales
Acceleration Management – all delivered as scalable, cost-effective
and burden-free cloud-based services
- The Ariba Network, the world’s
largest Web-based trading community, empowering more than 300,000
global businesses to discover, connect, and collaborate for better
commerce
- Ariba Exchange, the
industry-leading customer community where companies can network,
share best practices, and collaborate with partners and peers
- Market, category, technical,
strategic and other expert capabilities that can be accessed
on-site or remotely via the Web as needed to support ever-changing
business needs and objectives
Whether looking to control supply chain costs, increase sales,
minimize risk, or enhance cash flow and operations, companies can
do it better in the Ariba Commerce Cloud.
"With Ariba’s best-in-class software, services and network and
the understanding that ECCI and Theta Edge have of their local
markets, we can deliver a unique total solution that enables
companies of all sizes across industries to drive fast and
sustainable results across the sourcing & procurement
lifecycle," said Sivakumar Thulasidoss, General Manager &
Regional Group Director, South East Asia, Greater China &
Korea, Ariba.
More than 300,000 companies – including 91 of the Fortune 100 –
rely on the Ariba Commerce Cloud to manage their commerce
activities. To learn more about the benefits that it can deliver
for your organization, visit: www.ariba.com/commercecloud
About ECCI
ECC International is a dynamic professional training and
business consulting company specialized at providing solutions in
the areas of Management systems implementation IT process
excellence, Best practices formulation, Business process excellence
and e-learning development. ECCI runs its operations in 5
countries, with the Head Office in the Philippines and satellite
offices in Malaysia, Singapore, Vietnam and China, ECCI has worked
with more than 600 clients (among which 80% are multinational
companies) over the last 12 years of existence across the APAC
region.
About Theta Edge Berhad
Theta Edge Berhad (formerly known as Lityan Holdings Berhad) is
a member of the Tabung Haji Group, one of Malaysia’s leading IT
service provider in the Information Communications Technology (ICT)
sector. Established in 1984, the Group made its debut on the Second
Board of the then Kuala Lumpur Stock Exchange in March 1994 and
moved to the Main Board in November 1999 and is currently
categorized under the Technology sector of Bursa Malaysia
Securities Berhad. Theta Edge’s enviable track record underscores
its capability to undertake, deliver and manage large scale ICT
projects both locally and overseas. The Group has evolved into a
dynamic business group committed to be the best and most innovative
ICT company in the world as a leading Systems Integrator, Advanced
Technology and Telecommunications service provider. For more
information, please visit www.theta-edge.com
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business
commerce solutions. Ariba combines industry-leading software as a
service (SaaS) technology to optimize the complete commerce
lifecycle with the world's largest web-based community to discover,
connect and collaborate with a global network of trading partners
and expert capabilities to augment internal resources and skills,
delivering everything needed to control costs, minimize risk,
improve profits and enhance cash flow and operations – all in a
cloud-based environment. Whether you’re buying, selling or managing
cash, you can do it more efficiently and effectively in the Ariba®
Commerce Cloud. Over 300,000 companies, including more than 80
percent of the Fortune 500, use Ariba’s solutions to drive more
efficient inter-enterprise commerce. Why not join them? For more
information on Ariba commerce solutions and the results they
deliver, visit www.ariba.com
Copyright © 1996 – 2010 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, 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 Harbor
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 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 or dispositions; 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, 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, 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 August 5, 2010.
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
