Ariba, Inc. (Nasdaq: ARBA), the world’s business commerce
network, today announced that Advanced Energy Industries, Inc.
(Nasdaq: AEIS), a leader in power conversion solutions, will
leverage its cloud-based applications to streamline its sourcing
process and reduce costs. Under the terms of a new agreement, AE
Solar Energy will use Ariba® Sourcing™ On-Demand to optimize its
sourcing process and drive rapid and sustainable savings across the
company’s range of solar inverters, services, and complimentary
balance of-system (BoS) accessories.
“At Advanced Energy, we are focused not only on delivering
precision, high-quality innovative products and reliable service
worldwide, but on streamlining our supply chain so that we can
continue to reduce costs for our customers,” said Travis Johnson,
Director, Supply Chain Management, AE Solar Energy. “With Ariba’s
cloud-based solutions, we have access to technology and
best-practice processes that we can use to more efficiently manage
our supply chain and spends, and reduce our costs. The result will
be more efficient supply chain operations, flexibility in
manufacturing and ultimately, more value for our customers.”
A robust and flexible offering, Ariba Sourcing On-Demand
combines the technology, expertise and services needed to create
effective markets for a wide range of direct materials and indirect
goods and services with best practice processes that companies can
implement to improve the efficiency and effectiveness of their
procurement operations and create value across their entire
organization. Delivered completely in the cloud via the Ariba
Network, Ariba Sourcing On-Demand requires no investments in
special hardware and can be quickly and cost-effectively
implemented across locations and geographies.
Advanced Energy will use the application to:
- Find new suppliers and simplify the
process of negotiating with them
- Structure and execute events for even
the most complex categories of spend
- Drive rapid and sustainable
savings
- Manage project workflows
- Generate data-rich reports
“Advanced Energy is widely recognized for its commitment to
innovation – both in its solutions and operations,” said Daryl
Rolley, Senior Vice President and General Manager, Ariba. “By
implementing Ariba’s cloud-based offerings, the company can drive
an innovative approach to spend management that enables it to
deliver bottom-line improvements that enhance its performance, its
products, and ultimately, its advantage in the competitive and
demanding markets that it serves.”
About Advanced EnergyAdvanced Energy (Nasdaq: AEIS) is a
global leader in reliable power conversion solutions used in
thin-film plasma manufacturing and solar energy generation. The
company’s solar energy business enables utility scale, commercial,
and residential solar project stakeholders to offer system owners a
lower Levelized Cost of Energy (LCOE) and confidence their PV
system will deliver on long-term production goals. With more than
30 years of leadership in delivering innovative energy solutions,
combined with a legendary reputation for customer service, AE is a
trusted partner to solar project developers, financiers and
beneficiaries around the globe. Founded in 1981, Advanced Energy is
headquartered in Fort Collins, Colorado with dedicated support and
service locations around the world. For more information, go to
www.advanced-energy.com/solarenergy.
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
Copyright © 1996 – 2012 Ariba, Inc.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.
Ariba Safe HarborSafe 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 5, 2012.
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