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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.
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.
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 ...
SAP Converged Cloud; SAP Data Warehouse Cloud (DWC) SAP Design Studio; SAP PRD2(P2) SAP Enterprise Buyer Professional (EBP) SAP Enterprise Learning; SAP Portal (EP) SAP Exchange Infrastructure (XI) (From release 7.0 onwards, SAP XI has been renamed as SAP Process Integration (SAP PI)) SAP Extended Warehouse Management (EWM) SAP FICO
SAP S/4HANA is an enterprise resource planning (ERP) software package meant to cover all day-to-day processes of an enterprise (for example, order-to-cash, procure-to-pay, plan-to-product, and request-to-service) and core capabilities. [1]
In 2016 SAP bought Concur Technologies, a provider of cloud-based travel and expense management software, for $8.3 billion, SAP's most expensive purchase to that date. [28] Analysts' reactions to the purchase were mixed, with Thomas Becker of Commerzbank questioning whether Concur was the right choice for SAP, while Credit Suisse called the ...
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