Spend Matters 50/50: GXS – A Provider to Know 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 GXS:

GXS is a provider of B2B integration software and services. The firm was acquired by “Enterprise Information Management” vendor OpenText, but is fairly distinct from OpenText’s “general purpose” document/content and workflow/BPM-centric IT infrastructure portfolio. Rather, GXS focuses primarily on managed integration services (and support tools/applications) within large global supply chains. The firm has more than 2,000 employees operating in roughly 20 countries and connects over half a million businesses ... The firm is best suited for large, complex, global organizations that are looking for a provider with a broad and deep portfolio of B2B integration tools and services ...

There's more on what our US colleagues have to say about GXS here. In Europe, the firm has a good  presence and is active with clients who need to handle a lot of B2B supply chain transactions - think large retailers, or suppliers to large retailers, for instance. There is also an active European customer advisory board as well. We rather liked their Rollstream "collaboration" product too, which came via acquisition of a UK firm some years back, but we haven't seen much of that lately, to be honest ...

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