Great opportunity for this fast growing company, partnering with CMRC:
Note the growth-potential and customer base at the bottom, and now CMRC.. This little gem is on the right track, and is going to get noticed more & more!!
(CMRC) Sagent and Commerce One Partner to Provide Advance
B: (CMRC) Sagent and Commerce One Partner to Provide Advanced Analysis
Capability for E-commerce
MOUNTAIN VIEW, Calif., Oct 26, 1999 (BUSINESS WIRE) --
Sagent Solution Delivers End-to-End Web Analytic Applications for
Measuring E-Commerce Performance and Reducing Supply Chain Costs
Sagent Technology, Inc. (Nasdaq:SGNT), a leading provider of Web
analytic applications, today announced that it has partnered with
e-commerce leader Commerce One (Nasdaq:CMRC) to offer advanced data
analysis capabilities to users of Commerce One BuySite(tm), a leading
electronic procurement application.
Through its analytic application for e-commerce, Sagent Solution
organizes, tracks and analyzes e-commerce transaction information
captured through the Commerce One BuySite, which automates the entire
supply chain from requisition through order and payment for
business-to-business transactions. Sagent Solution then delivers this
data to key buyers via the Web enabling them to make better business
decisions for global e-commerce trading.
The solution will allow buyers to track key metrics called Commerce
Performance Indicators -- such as enterprise spending habits for
specific commodities, sales activity with each supplier, on-contract
vs. off-contract spending and total purchasing patterns of their
e-commerce initiatives.
"We chose to partner with Sagent because we needed a scalable, secure
solution that could effectively manage the high volume of data derived
from the Commerce One solution and turn it into valuable information
for the buyer," said Mark Hoffman, president and CEO of Commerce One.
"The Sagent Solution was an ideal choice for offering Web-enabled
reporting to multiple buyers around the globe through a single-source,
analytic application for our e-procurement system."
Customers using the Sagent Solution have the only open, scalable
solution that addresses the complete life cycle for Web analytic
applications. These applications play an integral role in helping
global enterprises compete in the world of e-business by effectively
delivering a systematic approach to analyzing business operations --
including finance, customer service, sales and marketing.
"Sagent is excited to partner with Commerce One to deliver analytic
applications that enable e-commerce buyers to better evaluate the
performance of their supply chain," said Ken Gardner, president and
CEO, Sagent Technology. "This is a phenomenal opportunity that is on
target with Sagent's strategic business plan to offer e-business
analytic applications to multiple market segments. It's a natural fit
for our technology and business strategy."
About Commerce One
Commerce One, Inc. (Nasdaq:CMRC) is a leading provider of electronic
commerce solutions that dynamically link buying and supplying
organizations into real-time trading communities. The Commerce Chain
Solution by Commerce One, comprising Commerce One BuySite and Commerce
One MarketSite, enables companies to significantly reduce operational
costs and increase efficiency by automating the entire indirect goods
and services supply chain. As a result, enterprise organizations are
able to realize a strategic competitive advantage as well as a rapid
return on investment. Commerce One is located in Walnut Creek, Calif.,
and can be reached by phone at 800/308-3838 or 925/941-6000 or via the
Internet at commerceone.com or marketsite.net.
About Sagent Technology
Sagent Technology (Nasdaq:SGNT) is a leading worldwide solution
provider of e-business analytic applications and services enabling
Global 2000 enterprises to win, retain and grow new customers and
improve operational effectiveness. The Sagent Solution is an integrated
software suite that allows businesses to collect, analyze and act on
customer and operational data from existing systems and third-party
data providers.
Sagent was the first company to deliver a web-based analytic
application (Sagent Insight for Telecom) to the telecommunications
market. Sagent has over 300 market-leading customers across such
diverse industries as financial services, healthcare and
telecommunications, including JP Morgan, MCI Worldcom (NasdaqNM:WCOM),
BellSouth (NYSE:BLS), Barnes & Noble (NYSE:BKS), Cyberian Outpost
(outpost.com) (Nasdaq:COOL), and Sony Online Entertainment (NYSE:SNE).
The company has numerous strategic relationships including Commerce One
(Nasdaq:CMRC), Siebel Systems (Nasdaq:SEBL), Usinternetworking
(NasdaqNM:USIX), Microsoft corporation (Nasdaq:MSFT), ADP (NYSE:AUD),
Advent (Nasdaq:ADVS), EDS (NYSE:EDS), IBM (NYSE:IBM), and Ralph Kimball
Associates. Sagent is headquartered in Mountain View, California, and
can be reached at www.sagent.com.
Note to Editors: Sagent is a registered trademark of Sagent Technology,
Inc. All other trademarks are the property of their respective owners.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
-0-
CONTACT: Sagent Technology, Inc.
Malcolm Hobbs, 650/815-3109
mhobbs@sagent.com
or
Miller Shandwick Technologies
Jeni L. Cantley, 650/596-5863
jcantley@miller.shandwick.com
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: E-COMMERCE
SOFTWARE
COMPUTERS/ELECTRONICS
HARDWARE
PRODUCT
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