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ANALYST FIRM POSITIONS EMPTORIS IN “VISIONARY” QUADRANT FOR STRATEGIC SOURCING APPLICATIONS
Evaluated in 2004 Magic Quadrant for Strategic Sourcing Applications
Burlington, Mass. – February 8, 2005 – Emptoris, the leading provider of Enterprise Supply Management solutions for Global 5000 companies, today announced that Gartner Inc. has positioned the company in the “visionary” quadrant of the 2004 Magic Quadrant for Strategic Sourcing Applications*. According to Gartner, visionaries have a clear vision of market direction and are focused on preparing for that, but they can still improve in terms of optimizing service delivery.
“We believe this report confirms the mainstream adoption of enterprise supply management solutions,” said Avner Schneur, CEO of Emptoris. “The sophistication and advanced functionality of Emptoris 5 has proven time and time again its ability to help global enterprises drive millions of dollars in bottom-line savings, execute savings initiatives faster, enhance the performance of suppliers, and improve the productivity of procurement and supply management teams. “
With its superior enterprise supply management solutions, Emptoris has enabled its customers to analyze collectively over $1.1 trillion in spend, source over $30 billion in 50 different countries, and identify over $4 billion in savings.
About Emptoris
Emptoris is a leading provider of powerful enterprise supply management solutions for Global 5000 companies. By implementing Emptoris 5™, a suite of Web-based solutions, enterprises can quickly identify and prioritize procurement savings opportunities, negotiate significant cost savings with vendors, and track contract compliance and supplier performance. Emptoris customers include American Express, Boeing, Bank of America, GlaxoSmithKline, Motorola, Toro, Owens Corning and Samsung America. Emptoris, a privately held company, is headquartered in Burlington, Massachusetts.
* "Magic Quadrant for Strategic Sourcing Applications, 2004," A. Kyte, C. Eschinger, A. White, January 31, 2005. The Magic Quadrant is copyrighted January 31, 2005, by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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