Viewing Industry News tagged with 'PRO'

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Siemens acquires electronics supply chain provider Supplyframe: Rapid analysis - [PRO Content]
May 18, 2021 | Pierre Mitchell and Jason Busch
Siemens AG, a global technology provider, announced the acquisition of Supplyframe, a provider of the Design-to-Source Intelligence (DSI) platform for the global electronics value chain. In a press release announcing the acquisition, the companies said the $700 million deal will allow customers access to both Siemens’ offerings and Supplyframe’s market intelligence. The companies will aim…
Let the bots battle to their elimination. They won’t help you either! - [PRO Content]
December 14, 2020 | Michael Lamoureux
Editor’s note: This Spend Matters PRO post has been unlocked to continue our exploration of how to get the most value out of your procurement technology and to provide a sample of the depth we go into in our PRO material. In our piece titled “Have You Mastered the Procurement Basics yet?” we explained how…
The Direct Sourcing of Workers/Services (DSW/S) Solution Market Landscape - [PRO Content]
December 8, 2020 | Andrew Karpie
Spend Matters Contingent Workforce/Services SolutionMaps are made up of three maps covering the main enterprise software solutions used by organizations to manage contingent workforce and services (CW/S) procurement. These three maps represent purpose-built solutions for: Temporary Staffing (solutions known originally as VMS (vendor management system) has been the key enterprise technology for over 25 years)…
SirionLabs raises $44 million, signals its arrival at the CLM winners podium - [PRO Content]
May 13, 2020 | Pierre Mitchell, Nick Heinzmann and Jason Busch
SirionLabs just announced it has raised $44 million in a Series C round that brings cumulative fundraising to $66 million for the contract lifecycle management firm with 400+ personnel. This is a major funding round and vote of confidence for SirionLabs as it moves into the leading positions top CLM market players, which includes providers…
2019 M&A and Investment Dynamics For Procurement Technology and Solutions: Segmenting the Market (Part 2) - [PRO Content]
June 27, 2019 | Jason Busch
By Spend Matters’ count, there are hundreds of cloud technology providers in the procurement technology sector, and well over a thousand if you count providers with a solution orientation (which may include market/category intelligence, consulting, advisory and related capabilities). Investor and M&A interest across this landscape of providers — from both strategic and financial buyers…
SAP Intelligent Spend Group is future for Ariba, Fieldglass, Concur (Part 1): Customer Analysis, Solution Integration, Roadmap - [PRO Content]
May 23, 2019 | Spend Matters Analyst Team
Late in April, SAP announced that it was bringing its procurement assets under a single operating umbrella. The announcement of the new business unit, tucked into the body of a press release with the headline of a leadership promotion, notes that the “SAP Intelligent Spend Group” will be “comprised of SAP Ariba, SAP Fieldglass and…
If Ivalua is now a yardstick, how do competitors like Coupa, SAP Ariba, Oracle measure up to it? - [PRO Content]
May 22, 2019 | Jason Busch
At Spend Matters, most of our time is spent actually looking at solutions and evaluating and validating detailed RFI responses. So when a procurement organization asks us, for example, “how does SAP Ariba compare to Coupa for source-to-pay,” we can provide a detailed explanation across hundreds of different functional specifications and customer satisfaction benchmarks about…
Upwork’s Share Price Slumps, But Online Staffing Platform Soldiers On (Part 1) - [PRO Content]
May 16, 2019 | Andrew Karpie
Being a public company is not always easy, with performance vs. market expectations being put under the microscope every quarter. And Upwork (NASDAQ: UPWK), the global online freelancer marketplace and managed services provider, found that out Wednesday, May 9, after it announced its Q1 2019 financial results, which seemed to pack few, if any, surprises.…
Coupa to Acquire Exari: What Type of CLM Solution Is Coupa Getting? (Part 1) - [PRO Content]
April 16, 2019 | Jason Busch and Pierre Mitchell
Coupa just announced that it intends to acquire Exari, a leading provider of contract lifecycle management (CLM) solutions. Terms of the deal were not provided, but with Exari having almost 150 employees, it’s not unreasonable that the private firm would have over $30 million in revenues and a deal size valued at just over nine…
Business Talent Group: A Specialist in Sourcing High-end Independent Talent - [PRO Content]
October 31, 2018 | Andrew Karpie
Business Talent Group (BTG), which launched in late 2007, is a unique direct-sourcing, flexible talent intermediation solution focused specifically on “high-end” business talent and the organizations that need to engage this talent on a project basis. Over the past several years, online platform intermediaries of various kinds have captured the spotlight. But BTG has not…
Upwork Post-IPO Rising: A Next-Gen Staffing Industry Analysis - [PRO Content]
October 23, 2018 | Andrew Karpie
On Oct. 3, 2018, Upwork became a public company listed on the Nasdaq exchange. Its stock was offered at $15 per share and has since been trading in the $19 to $21 range, giving it a market valuation on the order of $2 billion. This was a company that emerged from a new segment of…
WorkMarket (ADP): What Makes It Great (Independent Contract Workers SolutionMap Analysis) - [PRO Content]
October 22, 2018 | Andrew Karpie
WorkMarket, acquired by ADP in January 2018, offers an enterprise technology solution that companies can use to organize, manage and pay their freelance (independent) workforce. The provider competes in the enterprise solution category that Spend Matters SolutionMap calls Independent Contract Workers (ICW), the most dynamic segment of the contingent workforce and services (CW/S) procurement software…

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A History of Purchasing: From “Materials Men” to Today (Part 2: 1950s - Present) : Diana said : Purchasing and Supply Chain Management are impacting company health supply, risk control, inventory,...

Finding Procurement’s Place in the Organizational Hierarchy : Macs Nsirim said : i honestly agree with this write up. i currently work as a procurement officer in an organization ...

Afternoon Coffee: PRO Unlimited launches DaaS solution; Covid pandemic highlights the need for US manufacturing; Chick-fil-A supply chain woes : John Peyton said : Thank you. Sounds like there’s more horsepower behind it than I thought then. Interesting....

Afternoon Coffee: PRO Unlimited launches DaaS solution; Covid pandemic highlights the need for US manufacturing; Chick-fil-A supply chain woes : JP Morris said : Hi John, Spend Matters asked PRO Unlimited about this, and it said its latest data-as-a-service pla...

Afternoon Coffee: PRO Unlimited launches DaaS solution; Covid pandemic highlights the need for US manufacturing; Chick-fil-A supply chain woes : John Peyton said : I’ve never used Pro Unlimited but other similar providers in their space who I have used provided my...