Procurement

IBM Positioned in the Leaders Quadrant in Gartner Magic Quadrant for Strategic Sourcing Application Suites

Share this post:

I am proud to announce that IBM has once again been positioned in the “Leaders Quadrant” the latest Magic Quadrant research report from Gartner, one of the world’s leading technology research and advisory firms.

The Magic Quadrant for Strategic Sourcing Application Suites evaluates 29 leading sourcing and supply management software providers across 15 broad criteria and evaluates them on their “ability to execute” and “completeness of vision.”

Of particular note, IBM advanced its “completeness of vision” placement since the last Magic Quadrant evaluation, which we believe speaks volumes about the company’s product roadmap – and our innovation around the virtual supply master solution which enables companies to unify supplier data across the global organization.

The report evaluates strategic sourcing suites, which Gartner defines to include spend analysis, sourcing, contract management and supply base management, among other solutions.

“Strategic sourcing application suite leaders demonstrate a market-defining vision of how technology and services can help procurement establish, develop and maintain cost-effective, high performance sources of supply. They have the ability to execute against their vision with products and services and they have demonstrated results in the form of growth and customer satisfaction. Leaders successfully sell into multiple industries and multiple geographies. Leaders are often what other providers in the market measure themselves against, and they are the most likely vendors from this report to be in the strategic sourcing application suite business five years from now,” the report states.

IBM believes its track record of successful large-scale implementations – and its global client base – also contributed to its “Leader” placement.

The Gartner report is the latest in a series of independent research reports which evaluate IBM and IBM Emptoris supply management solutions. Most recently, IBM Emptoris solutions were also recognized in the “Leader” position in the Forrester Wave: SVM (Sourcing and Vendor Management) Tool Set, Q1 2013 report.

The findings of the Gartner Magic Quadrant report align perfectly with IBM’s vision for its strategic supply management suite, which is designed to connect disparate systems and teams to provide comprehensive visibility and control over spend, sourcing, contracts and suppliers. A single, unified platform for all procurement and supplier related intelligence and processes.

 

Gartner, Inc., Magic Quadrant for Strategic Sourcing Application Suites, Deborah R. Wilson, et al, July 1, 2013.

 

Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

More stories

IDC Analyst Discusses Top Issues Facing the Banking Industry Today

Retailers are not the only organizations that need to focus on improving the customer experience. Banks are increasingly feeling the pressure to provide exceptional and innovative experiences for their customers and one way to do that is through digital transformation. Spending on digital transformation by US Banks is expected to be $20.3 billion in 2017 […]

Continue reading

Subdue Disruption and Supercharge Your Supply Chain with Watson

IBM has a long history of running a global supply chain. Currently, Joanne Wright, IBM VP Supply Chain, manages a spend of more than $30 Billion for a supply chain that operates in over 170 countries. She undeniably knows what it takes to run a successful supply chain. One of her secrets: Watson as a […]

Continue reading

IDC: The Future of Supply Chain

What are the challenges and technologies shaping the future of supply chain? We’re living in what some call the age of disruption, where digital business and globalization are disrupting business models and industries and changing the way we live and conduct business. According to IDC, this will translate into 33 percent of all manufacturing companies […]

Continue reading