Empower Dispatch: AMR Research Chimes In

Earlier this week, I had the chance to catch up with AMR's Mickey North Rizza at the Empower conference. I always enjoy connecting with Mickey. Besides being a genuinely fun person to chat with -- on topics ranging restoring 18th century houses to optimizing award decisions in complex sourcing bids -- she has gone deeper into the Spend Management market in a short period of time than any other personality in the sector I know. My only concern is that she gets as much out of our conversations as I do! In any event, Mickey published her take on the Empower event earlier today (free on AMR's site, for now). Her conclusion points to AMR's optimistic view on the SaaS movement and Procuri's opportunity within the market: "The most significant growth in the 2005 supply management market was in SaaS at a whopping 125%, AMR Research’s recent spending study found. First fueled by small and midsize businesses that need easy-to-use, quickly deployable, low-cost systems, large enterprises are now augmenting their core functionality with additional on-demand supply management applications, such as supplier scorecarding and supply visibility application ... And Procuri is cementing its position in the SaaS market. With 70% year-over-year growth for the past three years combined with an acquisition and three partnerships in the past six weeks, Procuri is on the attack." Check out her full write-up ASAP (linked above), as AMR does not make these things available for free for long.

Jason Busch

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