Ariba and PricewaterhouseCoopers Expand Global Alliance
Companies to Provide Collaborative Sourcing Solutions for Private B2B Exchanges
LAS VEGAS (LIVE 2001!), May 1 /PRNewswire/ -- Ariba Inc. (Nasdaq: ARBA), the leading business-to-business (B2B) eCommerce solutions provider, and PricewaterhouseCoopers, the world's largest professional services organization and Gold sponsor of the Ariba LIVE 2001 Las Vegas event, today announced an agreement to expand the scope of their relationship, and to provide collaborative Ariba Sourcing solutions for joint customers in multiple industries.
The alliance will enable Ariba and PricewaterhouseCoopers to accelerate delivery of network-centric, value-chain solutions for the creation of private exchanges, including collaborative sourcing, eProcurement, private trading networks and advanced B2B connectivity and services for clients. As part of the agreement, Ariba and PricewaterhouseCoopers plan to:
-- Develop and market a collaborative sourcing solution that combines
PricewaterhouseCoopers' in-depth strategic sourcing services with Ariba
Sourcing, the leading network-centric solution for quote-enabled
procurement
-- Expand solutions to drive additional value in specific industry
verticals
-- Deliver business diagnostics to identify fast, quantifiable ROI
opportunities for new and existing clients
-- Expand training to over 700 of PricewaterhouseCoopers' global
professionals on all Ariba solutions
-- Provide Ariba-powered solutions in PricewaterhouseCoopers' worldwide
network of technology demonstration centers
"Since first teaming in early 1999, PricewaterhouseCoopers has become one of our largest consulting strategy and systems integration partners with a proven ability to rapidly deploy our solutions at customer sites," said Paul Melchiorre vice president of global alliances for Ariba. "This agreement significantly extends our relationship, allowing us to further align the resources of two industry leaders, and underscores Ariba's commitment to rapid and smooth solution delivery through experienced partners."
"We intend to leverage the complementary assets of both organizations in new ways," said Ric C. Andersen, partner and operations leader for PricewaterhouseCoopers Management Consulting Services practice in the Americas. "Working with Ariba we can aggressively pursue opportunities that address a growing demand for Web-based, network-centric solutions for the value-chain."
The global market intelligence and advisory firm IDC recently released a report, "eProcurement Applications Market Forecast and Analysis, 2000-2004," which identified Ariba as the leader in the B2B arena with a 36 percent market share in buy-side eProcurement -- more than twice the closest competitor -- and an 18 percent share in the total market for 2000.
PricewaterhouseCoopers is currently involved in more than 50 private e-hub/exchange initiatives globally. IDC has named PricewaterhouseCoopers the top services firm in the eMarketplace services space based on revenues.
About Ariba, Inc.
Ariba, Inc. is the leading business-to-business (B2B) eCommerce solutions provider. Ariba's open, end-to-end, interoperable software solutions and hosted Web-based commerce services enable efficient online trade, integration and collaboration between B2B marketplaces, buyers, suppliers and commerce service providers. The global reach and best-of-breed functionality of Ariba B2B eCommerce solutions 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.
About PricewaterhouseCoopers
The Management Consulting Services practice of PricewaterhouseCoopers helps clients maximize their business performance by integrating strategic change, process improvements and technology solutions. Through a worldwide network of skills and resources, consultants manage complex projects with global capabilities and local knowledge, from strategy through implementation. PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world.
PricewaterhouseCoopers refers to the member firms of the worldwide PricewaterhouseCoopers organization.
NOTE: Ariba and the Ariba logo are registered trademarks of Ariba, Inc. in the United States and in other countries. Ariba B2B Commerce Platform, Ariba Buyer, Ariba Sourcing, Ariba Marketplace, Ariba Dynamic Trade and Ariba Commerce Services Network are trademarks of Ariba Inc. All other trademarks are property 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; lengthening sales cycles and 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.
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SOURCE Ariba, Inc.
CO: Ariba, Inc.; PricewaterhouseCoopers
ST: California, Nevada
IN: ECM STW FIN
SU: TDS CON
05/01/2001 08:00 EDT prnewswire.com |
