Ariba Expands Capabilities of Ariba Commerce Services Network
Latest Release Increases Scalability and Openness of Leading Global B2B Network
MOUNTAIN VIEW, Calif., April 10 /PRNewswire/ -- Ariba, Inc. (Nasdaq: ARBA), today announced enhancements to the Ariba Commerce Services Network(TM) (Ariba CSN) that will enable buyers and suppliers to more efficiently and cost-effectively create and maintain relationships, move business transactions online and conduct business with trading partners worldwide.
First launched in March 1999, Ariba CSN is one of the most widely adopted and liquid global networks of its kind for B2B commerce and collaboration, allowing businesses of all kinds, anywhere in the world, to connect and trade. Ariba CSN is integral to Ariba's Value Chain Management (VCM) solutions, providing the scalable, global network infrastructure customers require to connect to and collaborate with their trading partners.
The latest version of Ariba CSN includes:
-- Multiple language, and localization capabilities to meet the needs of
global markets and remove many of the inefficiencies in international
trade. Ariba CSN supports Brazilian Portuguese, Chinese, Dutch,
English, French, French Canadian, German, Italian, Japanese, Korean and
Spanish, allowing companies worldwide to participate in B2B eCommerce
regardless of language and currency.
-- Increased transaction capabilities that will enable buyers to more
efficiently interact with their preferred suppliers and enable
suppliers to lower their sales costs and benefit from deeper
relationships with buyers. Suppliers may also send status updates to
buyers, giving buyers additional visibility into the real-time status
of their orders.
-- Improved scalability in creating buyer-supplier relationships. By
automating the invitation process, buyers can now simultaneously invite
multiple suppliers to transact business with them on Ariba CSN. Buyers
will also have increased access to their preferred suppliers,
increasing trading partners' liquidity by simplifying interoperability
between the expanding community of buyers, suppliers and marketplaces
enabled on the Ariba CSN.
Ariba CSN is experiencing massive growth in adoption and liquidity -- with individual companies bringing billions of dollars of spend, and trading directly with more than 7,000 suppliers, and providing access to an additional 30,000. In addition, commerce relationships and transaction volumes have doubled every quarter since the launch of Ariba CSN. This success demonstrates the incremental value of Ariba CSN to Ariba customers and their trading partners.
"To succeed in the new economy, companies across the globe must move their business processes online, building or accessing electronic environments where they can interact with customers and suppliers," said Charly Kleissner, senior vice president, Product Solutions, Ariba. "To support these interactions, businesses need a robust, scalable network infrastructure that provides connectivity, integration, and network services. The versatility offered by Ariba's unmatched network helps buyers and suppliers to quickly adapt to changing conditions in the B2B world to redefine their business and transform their bottom line."
Ariba CSN addresses all the network needs of companies participating in B2B -- from basic interoperability and connectivity to advanced capabilities for specialized commerce processes, including:
-- Connectivity between all trading partners,
-- Integration across Ariba and non-Ariba applications,
-- Content management and search solutions,
-- Foundation services that ensure secure management and translation of
multiple document types, and
-- Commerce services, delivered by Ariba and its partners, that enable the
end-to-end commerce process.
About Ariba
Ariba, Inc. is the leading business-to-business (B2B) eCommerce platform provider. Through the Ariba B2B Commerce Platform -- an open, end-to-end infrastructure of interoperable software solutions and hosted Web-based commerce services -- the company enables efficient online trade, integration and collaboration between B2B marketplaces, buyers, suppliers and commerce service providers. The global reach and best-of-breed functionality of the Ariba B2B Commerce Platform create Internet-driven economies of scale and process efficiencies for leading companies around the world. Ariba can be contacted in the U.S. at 650-930-6200 or at www.ariba.com.
NOTE: Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Commerce Services Network is a trademark of Ariba, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.
Ariba Safe Harbor
Safe Harbor Statement Under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to: delays in development or shipment of new versions of our Ariba B2B Commerce Platform; lack of market acceptance of the Ariba B2B Commerce Platform or other new products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; our ability to attract and retain qualified employees; difficulties in assimilating companies previously acquired, including Tradex, Trading Dynamics, and SupplierMarket.com; inability to expand our operations to support increased growth; the recognition of an increasing portion of revenues at the end of the quarter; declining economic conditions, including a recession; inability to control costs; changes in our pricing or compensation policies; inability to successfully manage a reduction in the company's workforce; and significant fluctuations in our stock price. These and other factors and risks associated with our business are discussed in the Company's Form 10-K filed December 29, 2000 and Form 10-Q filed February 14, 2001.
SOURCE Ariba, Inc.
CO: Ariba, Inc.
ST: California
IN: CPR NET
SU: PDT
04/10/2001 08:00 EDT prnewswire.com |
