[August 24, 2016] |
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SAP Ariba is Coming to China
SAP (News - Alert) today announced that SAP
Ariba, the world's largest B2B network, intends to make its cloud-based
procurement applications available in China by the end of 2016. The
move will enable Chinese businesses to discover, connect and collaborate
with trading partners through a single digital marketplace to simplify
business commerce. The announcement was made at the SAP Select held in
Beijing today.
"The world is in the midst of a digital transformation and China is at
the forefront," said Alex Atzberger, president, SAP Ariba. "We look
forward to bringing the world's leading cloud procurement solution to
customers in China to speed their journeys and help them drive
innovation and growth."
SAP Ariba is the marketplace for digital business, creating simple,
intelligent exchanges between millions of buyers and suppliers. Using
SAP Ariba's comprehensive range of cloud-based applications, companies
can redefine the source-to-settle process and transform their business.
Buyers, for instance, can efficiently create intelligent connections
with millions of suppliers and build a dynamic, healthy supply chain.
And sellers can create profitable connections with buyers who are ready
to buy and efficiently manage both their sales cycle and cash flow.
"As e-commerce continues to take hold in China, SAP Ariba provides a
simple, open and smart way for Chinese companies to manage everything
from contracts to payments all in one place," said Mark Gibbs, Global
Senior Vice President of SAP SE and President of SAP Greater China. "SAP
Ariba's market-leading solutions remove the complexity from business
commerce and we believe they will enable Chinese customers to gain a
competitive advantage in the digital marketplace."
Nowadays, China is experiencing growing demand for effcient solutions
for businesses to better manage operations and connect with trading
partners. Enterprises across China are increasingly placing digital
processes at the core of their business. SAP Ariba will provide Chinese
customers a powerful digital platform to manage their commerce
activities from end to end.
More than 2 million companies - including over 500,000 in Asia - use SAP
Ariba's solutions to connect and collaborate around nearly one trillion
in commerce on an annual basis. To learn more about SAP Ariba's
solutions and the value they can deliver, visit www.ariba.com.
About SAP Ariba
SAP Ariba is how companies connect to get business done. On the Ariba
Network, buyers and suppliers from more than two million companies and
190 countries discover new opportunities, collaborate on transactions
and grow their relationships. Buyers can manage the entire purchasing
process, while controlling spending, finding new sources of savings and
building a healthy supply chain. And suppliers can connect with
profitable customers and efficiently scale existing relationships -
simplifying sales cycles and improving cash control along the way. The
result is a dynamic, digital marketplace, where more than $1 trillion in
commerce gets done every year. To learn more about SAP Ariba, visit www.ariba.com.
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP)
helps companies of all sizes and industries run better. From back office
to boardroom, warehouse to storefront, desktop to mobile device - SAP
empowers people and organizations to work together more efficiently and
use business insight more effectively to stay ahead of the competition.
SAP applications and services enable approximately 320,000 customers to
operate profitably, adapt continuously, and grow sustainably. For more
information, visit www.sap.com.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160824005084/en/
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