As the economy slowly moves toward recovery, companies are rethinking
the way they operate. They’re realizing that to survive and thrive in
the new state of normal requires solutions and processes that are
fundamentally different than those they are using today. To help them
understand the new requirements for success, Ariba, Inc. (NASDAQ:ARBA),
the leading spend management solutions provider, will host a summit at
which leading executives and industry analysts will discuss the state of
the economy and the tools they are using to achieve their short-term
goals and position their organizations for long-term growth. The event
will be held on Thursday, February 25 at the House of Blues Sunset Strip
in Los Angeles.
"The recession has forever changed the way that a business does
business,” said Tim Minahan, Chief Marketing Officer, Ariba. "Despite
the widespread adoption of business applications such as ERP and CRM,
major inefficiencies among trading partners still exist that hinder
effective commerce. To ensure success post-recession, businesses need to
reset the way they think about business commerce and the solutions used
to drive it.”
Ariba aims to help them do this through the day-long Los Angeles forum,
which will feature presentations from leading companies who will outline
how they are leveraging flexible technology-based solutions to control
costs, minimize risks, improve profits and optimize cash flow and
operations. Among the companies set to present:
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Chevron Corp.
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Experian
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First American Corporation
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Live Nation, Inc.
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Office Max
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WellPoint, Inc.
The event will also include a discussion of how companies can emerge
from the downturn stronger – not just leaner – led by Chris Sawchuck,
Procurement Practice Leader, the Hackett Group.
At the conclusion of the day, participants will have the opportunity to
share insights and best practices with their peers at an informal
networking reception.
For more information on the Ariba Los Angeles event, or to register,
please visit www.ariba.com/events/smd/
About Ariba, Inc.
Ariba, Inc. is the leading provider of on-demand spend management
solutions. Our mission is to transform the way companies of all sizes,
across all industries, and geographies operate by delivering technology,
service, and network solutions that enable them to holistically source,
contract, procure, pay, manage, and analyze their spend and supplier
relationships. Delivered on demand, our enterprise-class offerings
empower companies to achieve greater control of their spend and drive
continuous improvements in financial and supply chain performance. More
than 1,000 companies, including more than half of the companies on the
Fortune 100, use Ariba solutions to manage their spend from sourcing and
orders through invoicing and payment. For more information, visit www.ariba.com.
Copyright © 1996 – 2010 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com, Ariba.com
Network and Ariba Spend Management. Find it. Get it. Keep it. are
registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba. This
is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba
Buyer, Ariba Category Management, Ariba Category Procurement, Ariba
Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba
Contract Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Invoice,
Ariba Payment, Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and
Expense, Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network,
Ariba Supplier Connectivity, Ariba Supplier Performance Management,
Ariba Content Procurement, Ariba PunchOut, Ariba QuickSource, PO-Flip,
Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines,
Ariba Supply Manager, Ariba LIVE, It’s Time for Spend Management and
Supplier Lifecycle Management 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 Harbor
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 ability to attract and retain
qualified employees; difficulties in assimilating acquired companies,
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,
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 February
5, 2010.
