Ketera Raids a Competitor …

It looks like Ketera is getting off to a strong start in 2006, hiring two sales leaders away from Perfect and NetSuite. Having "doubled .. [its] revenue" in 2005 according to the press release, Ketera appears poised to be a leader in the SaaS (software as a service) segment of the Spend Management market. With reasonable price points across the board and one of the only credible, independent e-Procurement solutions remaining in the market (alongside Ariba, Oracle, and SAP, and ePlus), Ketera has compelling offerings across much of the Spend Management technology spectrum. They still have some gaps to fill, but they're close to becoming a one-stop on-demand shop.

Jason Busch

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