Tagged Content: Breaking News

Field Nation Acquires Field Solutions: Background, Analysis and Commentary

- May 18, 2015 9:46 AM | Categories: Analysis, Breaking News, Industry News, M&A

Businessman hand touching M & A on virtual screen - merger & acquisition concept Field Nation, which describes itself as a “leading work platform connecting organizations with independent contractors to get work done,” today announced its acquisition of another platform provider Field Solutions. In the broader procurement solution provider marketplace, Spend Matters research suggests that M&A in 2015 is set for a record number of transactions. According to the press release announcing the transaction, the combined company will have over 100 full-time employees and more than $60 million in revenue. Check out our initial thoughts on the news, and stay tuned later today for more in-depth analysis on Spend Matters PRO.

more ▸
 

IBM/Emptoris Divests Rivermine, Tangoe Picks Up $10M TEM Business: Vendor and Market Analysis

- May 8, 2015 10:40 AM | Categories: Analysis, Industry News, M&A

Businessman hand touching M & A on virtual screen - merger & acquisition concept Yesterday, Tangoe announced it was purchasing the Rivermine business from IBM. Rivermine, a telecom expense management (TEM) provider, was part of the Emptoris product line. It was acquired by the sourcing suite vendor the same year that IBM announced it was acquiring the overall business in 2011. In the press release announcing the acquisition, Tangoe said, “IBM’s Rivermine TEM business includes comprehensive fixed and mobile telecom expense management software and related services, as well as a global blue chip customer base. The business fits particularly well within the core of Tangoe’s broader Matrix solution suite, which helps clients turn on, track, manage, secure and support its IT assets, expense and usage including mobile, fixed, machine-to-machine, cloud software and services, enterprise social and IT.” Read the full story to get our take beyond the numbers...

more ▸
 

Elance-oDesk Becomes UpWork – Unveils New Online Freelance Talent Platform

microphone-radio-sound-484-825x550 Elance-oDesk, the largest online freelancer marketplace company in the world, announced today its new name, Upwork, and revealed its plans to advance a new online platform to support its vision of becoming the world’s 21st century online workplace. These developments fit squarely in the center of Spend Matters’ new coverage of work intermediation platforms (or WIPs), a wide range of different kinds of online platforms that enable the establishment work arrangements with digitally-connected contract, freelance, gig, crowd and other non-employee workers (across a broad spectrum innovative, novel modes of engagement, such as “online,” “on-demand,” “as-a-service,” et al).

more ▸
 

Apple Watch Production Takes a Time Out After Supplier Parts Found Defective

128H There has been a huge amount of hype for the new Apple Watch – with some 1 in 4 people eyeing the flashy device. Yet already Apple has run into a snag in its supply chain with the rollout of its latest product: a critical part from one of its suppliers was “found to be defective.” Specifically, some “taptic” engines (which have ability to deliver tactile feedback) produced for the watches by AAC Technologies Holdings Inc. are breaking, forcing Apple to trash the watches with the faulty parts. While it doesn’t seem that Apple has sold any of the defective watches to customers and doesn’t have to deal with a product recall, it still will slow production of the in-demand device, causing an even bigger headache for the tech giant already suffering from supply and demand issues with the watch. Thomas Kase, Spend Matters vice president of research, shared his thoughts on the news, calling the dilemma “cultural issues at work.”

more ▸
 

What Would the Acquisition of SalesForce Mean to the Procurement Market?

- April 30, 2015 10:15 AM | Categories: Analysis, Breaking News, M&A

Businessman hand touching M & A on virtual screen - merger & acq An M&A firm is reportedly looking for a “mega vendor” to acquire CRM giant Salesforce.com – a deal valued as high as $50 billion. This is fairly rarefied air and most likely we are talking about providers like Microsoft, IBM, SAP and Oracle, but it could also include someone like Google or even Amazon. We will handicap these vendors in a moment. Although this appears to be a customer relationship management story, it will have an impact on the procurement market. Here’s why...

more ▸
 

Amazon.com Goes Beyond AmazonSupply – Open for Amazon Business

app-store-device-macbook-air-1171-825x550 Earlier today, Amazon announced its Amazon Business Marketplace – a highly material expansion of its original business, AmazonSupply, targeting the B2B community and combining in some additional features that we’ll discuss momentarily. Amazonsupply.com was originally launched in 2012, offering 500,000 specific SKUs targeting both the laboratory/science and industrial communities. It eventually grew to over 2 million SKUs, all managed and stocked by Amazon. Amazon told Spend Matters that its AmazonSupply business, combined with business spend on Amazon.com, serves “millions of business customers” who spend “billions of dollars annually on business-related purchases,” representing more than 100 times the selection of AmazonSupply alone.

more ▸
 

Selectica Inc to Acquire b-pack: Initial Facts, Figures, Analysis

- March 30, 2015 8:54 AM | Categories: eProcurement / Procurement, Industry News, P2P

Businessman hand touching M & A on virtual screen - merger & acq Earlier this morning, Selectica Inc. (SLTC) announced it was acquiring b-pack, a vendor specializing in purchase-to-pay (eProcurement + e-invoicing) technology with broader source-to-pay suite modules as well. Selectica had previously acquired Iasta, a sourcing specialist, which has since been fully integrated into Selectica from a commercial and management perspective (the technology is still independent). Spend Matters analysis suggests b-pack had several clients of substantial size, but essentially all are French or European. They had relatively few North American-originated deals, and those were mainly small firms (despite the management of the organization moving to the US in recent years). As context on b-pack’s capabilities, their suite grew from early P2P origins, whereas their French competitor Ivalua started out with sourcing and later added P2P. Read on for our exclusive first take on the deal (or just jump right into our deeper analysis on Spend Matters PRO)!

more ▸
 

Selectica Inc to Acquire b-pack: Initial Facts, Figures, Analysis

- March 30, 2015 8:54 AM | Categories: eProcurement / Procurement, Industry News, P2P

Earlier this morning, Selectica Inc. (SLTC) announced it was acquiring b-pack, a vendor specializing in purchase-to-pay (eProcurement + e-invoicing) technology with broader source-to-pay suite modules as well. Selectica had previously acquired Iasta, a sourcing specialist, which has since been fully integrated into Selectica from a commercial and management perspective (the technology is still independent). Spend Matters analysis suggests b-pack had several clients of substantial size, but essentially all are French or European. They had relatively few North American-originated deals, and those were mainly small firms (despite the management of the organization moving to the US in recent years). As context on b-pack’s capabilities, their suite grew from early P2P origins, whereas their French competitor Ivalua started out with sourcing and later added P2P (and allegedly learned some of their P2P ideas during the two companies' partnership days years ago). Read on for our exclusive first take on the deal (or just jump right into our deeper analysis on Spend Matters PRO)!

more ▸
 

It’s Happened: West Coast Ports (Mostly) Shut Down

- February 12, 2015 2:37 PM | Categories: Breaking News, Industry News

Cargo-container-ship-sailing-050214B39A186604 What many feared has come true. The 29 ports on the West Coast are (mostly) shutting down. Today, as well as on Saturday and Sunday, all loading and unloading activity will stop, port operator the Pacific Maritime Association announced. The operator said it didn't want to pay workers of the International Longshore and Warehouse Union the holiday or weekend wages required for those days. (Monday is President's Day.) These holiday and weekend wages are at least 50% above normal, The Associated Press reported.

more ▸
 

SAP/Ariba and Coupa Patent Case Adds Another Element

- April 3, 2014 2:49 PM | Categories: Breaking News, Commentary, eProcurement / Procurement

gavel SAP and Ariba are insisting rival firm Coupa stole trade secrets from them and want theft and breach of contract claims added to their original lawsuit. It's not uncommon for employees of these companies to switch sides throughout their careers, and with them can come information and documents, some of which may be confidential. However, simply marking a document confidential doesn't always mean it is. Spend Matters argues the degree of confidentiality of these documents could be an extremely important factor in the outcome of the case.

more ▸
 

Beyond Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk

- April 15, 2013 2:16 PM | Categories: Risk Performance and Compliance

The bigger story is that even after all the repeated adverse events in the supply chain, companies still seem to struggle with how to reduce supply risk and increase supply resiliency/integrity with limited budgets. It’s not easy. But even though risks continue to proliferate within our increasingly global, interconnected, digitized, and outsourced supply chains, I wonder whether the media fatigue surrounding these events de-sensitize management to the risks.

more ▸
 

Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk

- April 15, 2013 9:14 AM | Categories: Commentary

Over on Spend Matters PRO today, we feature a how-to guide covering bird flu, a topic that could potentially impact a wide range of Spend Matters readers. Subscribers can access the full research brief, Beyond Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk, as well as other related content in our Risk, Performance and Compliance Section of Spend Matters PRO. Given the topic’s importance, we’re providing an excerpt that frames the importance of taking the latest strain of bird flu more seriously – as well as the potential risk that pandemics pose to our supply chain. […]

more ▸