As Aravo Goes, So Goes Supplier Management (Part 1) [PRO]
By our records, Aravo was the first supplier management vendor, in existence even before the sector â€“ and before Aravo associated itself with the concept. Yet Aravoâ€™s marketing has been relatively quiet over the past few years as the company went through a management transition and focused on execution. It has not hurt Aravo, however, as the provider has witnessed material double-digit CAGR growth in the period, significantly outpacing the forecast CAGR of the supplier management market based on Spend Matters estimates. During this time, Aravo has continued to execute on its supplier management platform strategy, albeit with some adaptions which Spend Matters believes are reflective of general shifts in the market. This Spend Matters PRO brief, written by Jason Busch and Thomas Kase, provides a look at how Aravo has evolved since it helped launch the original supplier management and supplier information management market. In Part 1 of our analysis, we review the Aravo solution set and explore solution direction and strategy (e.g., Aravoâ€™s conflict minerals approach). Part 2 will feature a look at some of Aravoâ€™s latest capabilities, their new user interface, and emerging roadmap items, and provide recommendations to customers and partners.