SAP AG completed its acquisition of Ariba, Inc. in an effort to take a leadership position in the inter-enterprise cloud-based business network market. SAP customers will now be able to connect to the Ariba business network through pre-built integration points.
Through this “Networked Enterprise” arrangement, users will be able to:
• Connect to customers, suppliers and partners to facilitate collaborative commerce processes like sales, procurement and finance;
• Automate and enable shared processes like sourcing, invoicing and payment in a cloud-based environment;
• Share community intelligence, market insights, benchmarking and best practices.
SAP will consolidate all cloud-related supplier assets of SAP under Ariba, which will operate as an independent business under the name “Ariba, an SAP company.” Ariba CEO Bob Calderoni will be appointed to the SAP Global Managing Board subject to the consent of the SAP Supervisory Board.