The E-Sourcing Market in 2014: Recommendations, Changes, and Vendor Risks [Plus+]
The e-sourcing marketplace is changing quite considerably. A number of trends are coming together, which suggests to us that procurement organizations – even frontline business users – are deploying a new generation of technologies and products and even “go to market” strategies in novel ways to leverage e-sourcing solutions. The market is changing on all sides – from SAP/Ariba quietly deemphasizing their product focus in the area to the rise of newer entrants with snappier and easer-to-use interfaces (MarketMaker4, Coupa, etc.). We summarize some changes and make recommendations.