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Ariba Recognized for Driving Excellence in the Cloud Company named to 2013 Supply & Demand Chain Executive Top 100for helping businesses achieve new levels of performance and productivity through ...
Ariba (now SAP Ariba) was founded in 1996 [4] by Bobby Lent, Boris Putanec, Paul Touw, Rob Desantis, Ed Kinsey, Paul Hegarty, and Keith Krach [5] on the idea of using the Internet to enable companies to facilitate and improve the procurement process, which was paper-based, labor-intensive, and inefficient for large corporations.
SAP S/4HANA (Enterprise resource planning on-premise and cloud) SAP Business ByDesign (SME Cloud Enterprise Resource Planning) SAP Business One (B1 on HANA) (Small enterprise Enterprise Resource Planning) SAP CRM (Customer Relationship Management) (legacy product) SAP ERP (Enterprise resource planning) (legacy product, see S/4HANA)
Launched in 2006, SAP Business Suite 7 refers to a group of integrated on-premises business applications. In 2025, SAP Business Suite is an end-to-end suite of solutions offered through a software as a service (SaaS) cloud-based model, uniting AI, data, and cloud applications.
Ariba was acquired by SAP in 2012. [5] Best-of breeds adopted open integration architectures to flexibly connect with a range of back-end systems. While the procurement software market remains divided between integrated and best-of-breed options, there is now greater focus on interoperability and joint go-to-market partnerships across vendors.
He cited "the company’s strength in cloud computing and enterprise software, and the challenge of building an already vibrant company further" as reasons for him to join ServiceNow as CEO. [ 20 ] In 2021, McDermott was the 3rd highest paid CEO of all S&P 500 CEOs, receiving over $162 million in equity and $3.5 million in cash and other forms ...
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