It's been a long quiet stretch - seems like it's finally over - let's look for more news like this.
PricewaterhouseCoopers and VerticalNet Offer Clients Advanced e-Business Tools and Services Integration Worldwide
(BusinessWire, 02/26/2001 09:05)
HORSHAM, Pa.--(BUSINESS WIRE)--Feb. 26, 2001--
PricewaterhouseCoopers Named Preferred Third-Party Systems
Integrator for VerticalNet Solutions' Direct Procurement Software Solution Suite
PricewaterhouseCoopers, the world's largest professional services organization, and VerticalNet, Inc. (Nasdaq:VERT), a leading business-to-business (B2B) e-commerce enabler, today announced an agreement by which PricewaterhouseCoopers will provide application integration services for customers deploying VerticalNet Solutions' direct procurement software solutions.
The initiative will combine PricewaterhouseCoopers' e-Business acumen and consulting and systems integration experience worldwide together with VerticalNet's comprehensive suite of integrated direct procurement software products and services.
As part of the agreement, PricewaterhouseCoopers will serve as a preferred systems integrator of VerticalNet Solutions' direct procurement software, including VerticalNet's Strategic Sourcing, and Content and Community e-Business platforms. In addition, VerticalNet and PricewaterhouseCoopers will cooperate on a range of sales and marketing initiatives, maintain a team of PricewaterhouseCoopers' professionals trained on VerticalNet Solutions' technology, and collaborate in developing new business opportunities.
The team will focus on business-to-business opportunities in highly specialized vertical markets where VerticalNet has unique capabilities. As part of the joint marketing efforts between the two companies, PricewaterhouseCoopers will also introduce VerticalNet Solutions' suite of direct procurement products at its demonstration centers located across the United States for inclusion in the centers' portfolios.
"This agreement is a clear win for both PricewaterhouseCoopers and VerticalNet because it better enables us to offer clients advanced e-business tools and services worldwide," said Mike Hagan, President and CEO of VerticalNet. "Companies are still in the early stages of learning about the benefits of direct procurement software. By working with one of the world's leading systems integrators, we can help global manufacturers and enterprises save time, resources and money by utilizing VerticalNet Solutions' innovative strategic sourcing software solutions."
"As business transactions become more complex, implementing the most effective suite of direct procurement solutions can be the key to success in today's competitive marketplace," said Barry Boehm, partner, PricewaterhouseCoopers. "This alliance will give PricewaterhouseCoopers access to best-of-breed e-business solutions software and in-depth industry acumen that will help serve the needs of our clients." |
