Hi Bob,
Don't get lonely! <g> We're still here!
Can anyone comment on how the JDEC/Ariba partnership might contribute to revenues? Is the partnership exclusive? How integrated must the software be to function correctly?
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Wednesday February 2, 8:03 am Eastern Time
Company Press Release
SOURCE: J.D. Edwards & Company
J.D. Edwards Joins Ariba Platform as Buyer
Joint J.D. Edwards-Ariba OneWorld Solution Delivers Significant Commerce Efficiencies
DENVER, Colo. and MOUNTAIN VIEW, Calif., Feb. 2 /PRNewswire/ -- Ariba Inc. (Nasdaq: ARBA - news), the world's leading provider of B2B eCommerce solutions, and J.D. Edwards & Company (Nasdaq: JDEC - news), a leading provider of e-business solutions that offer speed and agility, today announced that J.D. Edwards will join the Ariba Network(TM) and will use joint J.D Edwards/Ariba solution to aggregate the buying power of its employee base, drive greater economies of scale, and gain supply chain efficiencies. This new client agreement broadens the existing Ariba - J.D. Edwards partnership in which J.D. Edwards offers its E-Procurement solution, powered by Ariba, to its customer base and prospects.
In a separate press release today, J.D. Edwards and Ariba announced a joint customer, Cargill Inc. one of the world's largest private companies.
J.D. Edwards will now use the J.D. Edwards/Ariba solution to aggregate their own buying power, gain volume discounts, and streamline the purchasing process from requisition to payment. In addition, as a member of the open, global Ariba Network, J.D. Edwards can seamlessly access efficient trading mechanisms and value added commerce services on Ariba Network including supplier enablement, supplier and marketplace directory services, supplier content management, auctions, reverse auctions, electronic payments and streamlined transaction services.
``We will now use the very same best-of-breed B2B eCommerce platform that we offer to our clients,' said Doug Massingill, president and CEO at J.D. Edwards. ``The joint J.D. Edwards/Ariba solution will give J.D Edwards significant competitive advantage and supply chain efficiencies-enabling us to leverage the Internet to further streamline commerce with its trading partners.'
The J.D. Edwards/Ariba solution enables J.D. Edwards to more efficiently manage the acquisition of goods and services the company uses, including computer hardware, software, office supplies and equipment, printing, temporary services, furniture, catering and advertising services. J.D. Edwards has already begun deployment, targeting more than 5,000 employees in more than 130 locations worldwide.
``The expansion of our partnership with J.D. Edwards is a great proof point. By using the same solutions it offers to its customer base, J.D. Edwards reiterates its commitment to E-Procurement customers,' said Keith Krach, chairman and CEO at Ariba. ``Long regarded as a leader in providing e-business solutions, J.D. Edwards has extended its leadership to B2B eCommerce as well.'
About J.D. Edwards
J.D. Edwards provides Idea to Action(TM) software for managing the virtual enterprise and supply chain. The Company's integrated applications deliver agile E-Business solutions that give customers control over their front office, manufacturing, supply chain, logistics/distribution, human resources and finance processes for the consumer products, industrial and services industries. J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend J.D. Edwards' OneWorld(TM) and WorldSoftware(TM) enterprise business software and its active supply chain planning solutions. ActivEra allows customers to change their software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT©, UNIX© and OS/400©, and are Java(TM) and HTML enabled.
Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of US$944.2 million. Additional information can be obtained by contacting the Company at 1-800-727-5333, or via the Internet at www.jdedwards.com.
About Ariba
Ariba, Inc. is the leading provider of B2B services and solutions to leading companies around the world, including more than 15 of the Fortune 100. The company delivers an open, end-to-end, best-of-breed platform of interoperable solutions to build B2B marketplaces, manage corporate purchasing, and electronically enable suppliers on the Internet. Together, Ariba's Internet services and software integrate commerce processes of B2B marketplaces, buyers, suppliers and commerce service providers to create global economies of scale for all participants. Ariba can be contacted in the U.S. at 650-930-6200 or at www.ariba.com.
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