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Emptoris European User Forum Demonstrates High Demand for Supply and Contract Management Solutions
European Customers and Partners Gather to Share Leading Practices for Driving Bottom Line Impact
London, UK (May 31, 2006) – Emptoris, Inc., a leading provider of enterprise supply and contract management software, today announced the success of its first annual European User Forum. Emptoris customers and partners discussed how to drive broader impact with their supply management initiatives. Double digit growth for supply and contract management solutions in Europe coupled with a large European customer base drove the event’s success.
The event brought together 65 executives, practitioners and industry thought leaders in the procurement and contract management fields to share best practices and discuss supply management issues and trends. Held on May 18th at the Renaissance London Heathrow Hotel, key topics of discussion included driving adoption broadly and deeply, analyzing and communicating program results and measuring the performance of supply management initiatives.
A diverse set of Emptoris European customers attended, representing the aerospace and defense, agriculture, automotive, chemical, food and beverage, life sciences, petroleum, pharmaceutical, retail, telecommunications hardware and telecommunications services industries. Emptoris partners including Accenture, Cap Gemini, IBM and Inter Sources also participated, sharing experiences on driving supply management initiatives with enterprise clients.
“Strong demand from our European customers for a forum to discuss their needs, share knowledge and create networking opportunities drove this event,” said Avner Schneur, founder and CEO of Emptoris. “Emptoris’ large and growing European customer base, our international support for them and our strong European partner eco-system made this a great success.”
According to AMR Research, European demand for supply and contract management software solutions is growing at double digit rates. Europe represents one-third of Emptoris’ business and has been a major driver of Emptoris’ explosive growth over the past four years.
In addition to the welcome address from Emptoris CEO Avner Schneur, sessions were lead by executives and practitioners from GlaxoSmithKline, Novartis, Syngenta and Vodafone. These leaders provided an overview of their business objectives, highlighted how they worked with Emptoris to execute on their supply management programs and discussed lessons learned in the process.
Cited as the leading provider of e-sourcing and contract management software by independent analyst firm Forrester Research, Emptoris has doubled the number of customers over the past year. Over 150 companies have leveraged Emptoris technology to analyze $3 trillion in spend, source $110 billion, manage $65 billion in contracts and deliver $14 billion in savings.
About Emptoris
Emptoris is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry. Customers include American Express, Bank of America, Boeing, Dow Corning, GlaxoSmithKline, Motorola, Owens Corning, Samsung America, and Toro.
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