IDC Report Names Ariba the Worldwide eCommerce Applications Market Leader In 2000
SUNNYVALE, Calif., June 25 /PRNewswire/ -- Ariba, Inc. (Nasdaq: ARBA), the leading business-to-business (B2B) eCommerce solutions provider, was named the worldwide market leader for eCommerce applications for 2000. According to the June 2001 IDC report, "eCommerce Applications Market Forecast and Analysis, 2000-2005," Ariba leads the market with year 2000 applications revenue of $375 million.
This report is an extension of the IDC report "eProcurement Applications Market Forecast and Analysis, 2000-2004" which was published in February this year and named Ariba as the undisputed leader in the eProcurement arena with 36 percent of the worldwide buy-side eProcurement market segment. The new report is a broader study and covers revenues and market shares for 300 independent software vendors in four segments:
-- Sales and marketing
-- Procurement/B2B sell side
-- Order management
-- Customer service and support
The June report also noted that Ariba's average deal size remained steady, a testament to its success in adding value to its products without resorting to price cuts to win new customers.
"Through their current market leadership, coupled with a focus on key vertical markets, such as financial services and high-tech manufacturing, Ariba could become a formidable player by building a franchise that few vendors can match -- similar to Siebel in CRM, i2 in supply-chain automation, and PeopleSoft in human resources management," said Albert Pang, author of the report and eCommerce software research manager for IDC.
"Ariba is committed to providing its customers with leading-edge eCommerce solutions, delivered swiftly and smoothly, to enable a rapid return on investment," said Michael Schmitt, senior vice president and chief marketing officer for Ariba. "The Ariba products, combined with the Ariba(R) Commerce Services Network(TM), the most widely-adopted global commerce services network, provides customers with increased efficiencies, reduced costs and improved trading partner relationships, which significantly impacts their bottom line."
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.
NOTE: Ariba and the Ariba logo are registered trademarks of Ariba, Inc. in the United States and in other countries. The Ariba Commerce Services Network is a trademark 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 May 15, 2001.
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SOURCE Ariba, Inc.
CO: Ariba, Inc.; IDC
ST: California
IN: CPR NET STW ECM
SU: AWD
06/25/2001 08:02 EDT prnewswire.com |
