We live in a networked world. As consumers, we tap into personal
networks like Facebook, Twitter and Amazon.com that help us learn,
share and shop better. And this is changing the way that we do
business. Leading companies are now leveraging digital networks to
more efficiently engage with their trading partners and collaborate
across the entire commerce process. And Ariba, Inc. (Nasdaq: ARBA),
the world’s business commerce network, is leading the
transformation. Bob Calderoni, the company’s Chairman and CEO,
today unveiled the Networked Enterprise – a new, connected way of
operating that will drive the future of business commerce - at
Ariba LIVE 2012, the business commerce event of the year being held
this week at Caesar’s Palace in Las Vegas.
“There is a real and severe pain that exists in business today:
the pain of inefficient commerce. And it’s costing business
hundreds of billions of dollars each year in missed sales
opportunities, higher operating and supply chain costs, and slower
cash flow,” Calderoni said. “And when a pain like this exists, it’s
time for technological innovation and a new business model.”
At its core, the Networked Enterprise is all about relevant
connections and efficient collaboration. “Businesses realize that
they can no longer be competitive on their own,” Calderoni said.
“With supply chains that stretch around the globe, they are more
reliant on external partners. And as a result, sharing information
and coordinating processes is critical.”
Business networks provide an easy way to link and coordinate a
virtual ‘extraprise’ of partners into a shared community executing
improved and coordinated processes in a more informed way than in
the past. And with increasing frequency, companies are tapping into
them to enable a new, connected way of operating.
This shift is being driven and accelerated by trends like cloud
computing, mobility and the convergence of enterprise applications,
social media and communities.
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.com
About 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.
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
