Networks Emerge as New Model for Business
Networks Emerge as New Model for Business
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Business has changed. In the old days, companies were hierarchical and focused on controlling information. Today, they are learning to collaborate and share knowledge more efficiently - both internally and externally - to improve their performance, profits and advantage in the marketplace. And they're using business networks to do it.
"The new model for business is all about networking," said Michael Fauscette, Group Vice President of Software Business Solutions for independent research firm IDC. "The connectivity of the Internet is fueling a new kind of hyper-connected company that is connecting with its employees, customers, partners and suppliers and leveraging those connections as a community to solve important business problems."
On October 2, Ariba, Inc. (NAS: ARBA) , the world's business commerce network, will kick off the 2012 Ariba Commerce Summits, a series of global events aimed at helping companies of all sizes understand how they can plug into business networks to deliver value to every aspect of their business.
"Leading executives have seen the writing on the wall and come to understand that creating value means embracing networks of people and coordinating their efforts to deliver business results faster," said Tim Minahan, Chief Marketing Officer, Ariba. "The 2012 Ariba Commerce Summits are uniquely designed to arm them with the insights and information they need to coordinate a virtual extraprise of partners into a shared community and execute processes in a more collaborative and informed way than in the past."
The free, half-day events will feature industry thought leaders and executives who will share their insights business networks and tips on leveraging them to drive greater productivity and boost financial performance.
"The cloud is powering a new kind of collaboration across the business," said Fauscette, who will present at the Ariba Commerce Summits in New York, Atlanta and San Mateo. "And enterprises that leverage collaboration in conjunction with content and community and manipulate them through business networks, can create tremendous value."
To hear more from Fauscette on the networked business model, visit: http://www.youtube.com/watch?v=I0q5ePZhOI8&feature=em-uploademail
For more information on the 2012 Ariba Commerce Summits, or to register, visit: http://www.ariba.com/community/events/commerce-summits.
About Ariba, Inc.
Ariba, Inc. is the world's business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement, Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba Category Management, Ariba Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management, Ariba Contract Compliance, Ariba Electronic Signatures, Ariba StartContracts, Ariba Invoice Management, Ariba Payment Management, Ariba Working Capital Management, Ariba Settlement, Ariba Supplier Information and Performance Management, Ariba Supplier Information Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries.
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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 Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Ariba's results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future 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; the impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions and dispositions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on May 4, 2012.
Karen Master, 412-297-8177
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