Spend Matters Afternoon Coffee

SciQuest has an announcement.
SciQuest Makes Accounts Payable Strategic; Enhances Complete Source-to-Settle Suite -- SciQuest, Inc., (NASDAQ: SQI - News) a leading provider of on-demand source-to-settle solutions, today announced a new Accounts Payable offering as part of its "source-to-settle" solution suite. The new product features expanded functionality for automating accounts payable, eliminating manual processes and providing powerful insight for finance and procurement staff.

Rumors rumors rumors...?
Source: Oracle Laid Off A Bunch Of People Yesterday -- Oracle cut a bunch of jobs yesterday, says a former employee. Oracle has not officially announced the layoff, so we can't estimate the number of people affected. Our source told us, "People were let go from all organizations within the hardware group, including public sector and commercial; field, inside and the BDCs [Business Development Consultants] in India."

Some news from ISG.
Outsourcing Market Cooled in First Quarter -- Information Services Group (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory services company, released TPI Index data showing that the value and number of outsourcing contracts awarded globally dropped during the first three months of the year in a familiar pattern of market cooling following two robust quarters in a row. The 1Q12 Global TPI Index, which covers commercial outsourcing contracts valued at $25 million or more, measured total contract value (TCV) of $18.7 billion, a decline of 22 percent from the same quarter a year ago and 35 percent from the previous quarter. The 184 contract awards during the first quarter represented a drop of 31 percent year-over-year and 18 percent sequentially.

How that Mac & Cheese goes from conception to bowl.
Cooked to Perfection -- The arms race is vicious and cut-throat. Competitors urgently strive to strike big-ticket deals with media companies. At the same time, their lawyers are running out and filing patents to protect multi-million dollar designs. And that is just step one. Drafting the pieces seems simple but in actuality borders on the impossible. All lines must intersect, and each one has a minimum viable thickness to which it must adhere. The hard pieces must be able to retain their shapes even when placed in boiling water for as long as ten minutes, all while transforming into a soft, malleable form. And then, these pieces of macaroni need to hold -- and taste good with -- liquefied orange goop charitably called "cheese." Welcome to the mac and cheese wars.

- Sheena Moore

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