SUNNYVALE, Calif.--([ BUSINESS WIRE ])--A $1 million [ RFP ] for coal has been posted to [ Ariba Discovery ], the premier service for matching business buyers and sellers globally offered by Ariba, Inc. (NASDAQ: ARBA), the leading provider of collaborative business commerce solutions. Is it a coincidence? Or is the Indian manufacturing company behind the posting performing the work of elves?
"And with Christmas just five days away, heall need to do it fast."
aIf the number of folks on his naughty list has grown, Santa may need to beef up his coal supply,a said Rob Mihalko, Vice President, Ariba Discovery. aAnd with Christmas just five days away, heall need to do it fast.a
As companies around the world have found, Ariba Discovery is the fastest, most efficient way to find new suppliers and lock in deals.
Delivered via the Ariba Network, Ariba Discovery is a unique cloud-based service that automatically matches buyer requirements with seller capabilities. Buyers using Discovery get access to a high-quality supply base and can reduce the time and cost of seller qualification by up to 90 percent, and overall project spend by 15 percent on average. Sellers can build relationships with real decision-makers in the worldas leading buying organizations and deliver valid buying opportunities faster than other marketing methods, boosting overall sales and marketing success.
In the past 12 months, more than 15,000 matches between buyers and sellers for more than $3 billion in business have been made through Ariba Discovery.
To learn more about the service and how your organization can benefit from it, visit [ http://discovery.ariba.com ].
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world's largest web-based trading community to help companies discover, connect and collaborate with a global network of partners a" all in a cloud-based environment. Using the Ariba Commerce Cloud, businesses of all sizes can buy, sell and manage cash more efficiently and effectively. Over 700,000 around the globe use the Ariba Commerce Cloud to simplify inter-enterprise commerce and enhance results. Why not join them? To get on the path to Better Commerce visit: [ www.ariba.com/commercecloud/ ]
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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 Aribaas 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 or dispositions; 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 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-k filed with the SEC on November 10, 2011.