Spend Matters 50/50: Keelvar – A Provider to Watch in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about Keelvar:

"A number of (but not many) leading firms provide software that addresses this (complex sourcing/optimisation) market, but what attracted us to the young Irish firm Keelvar was its desire to take the innate complexity of this sort of software product and put it into a platform that is easy to operate and has user interfaces that you don’t need a math degree to understand. Cloud-based, intuitive but powerful ...  the founder of Keelvar has targeted a challenging sector but in an innovative manner ... Keelvar has also innovated in having some of the first public sector clients for market-informed sourcing that we were aware of."

There's more on what our US colleagues have to say on Keelvar here, and of course most of the firm's activities and customers are in Europe, so we don't really have to add anything particularly different here for our "local" view! We're not sure whether the initial interest from the public sector has really developed as yet; that's something we will keep an eye on in 2016, which will be an important year for this still young firm.

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