Networks Emerge as New Model for Business
September 25 2012 - 7:30AM
Business Wire
Business has changed. In the old days, companies were
hierarchical and focused on controlling information. Today, they
are learning to collaborate and share knowledge more efficiently –
both internally and externally - to improve their performance,
profits and advantage in the marketplace. And they’re using
business networks to do it.
“The new model for business is all about networking,” said
Michael Fauscette, Group Vice President of Software Business
Solutions for independent research firm IDC. “The connectivity of
the Internet is fueling a new kind of hyper-connected company that
is connecting with its employees, customers, partners and suppliers
and leveraging those connections as a community to solve important
business problems.”
On October 2, Ariba, Inc. (Nasdaq: ARBA), the world’s business
commerce network, will kick off the 2012 Ariba Commerce Summits, a
series of global events aimed at helping companies of all sizes
understand how they can plug into business networks to deliver
value to every aspect of their business.
“Leading executives have seen the writing on the wall and come
to understand that creating value means embracing networks of
people and coordinating their efforts to deliver business results
faster,” said Tim Minahan, Chief Marketing Officer, Ariba. “The
2012 Ariba Commerce Summits are uniquely designed to arm them with
the insights and information they need to coordinate a virtual
extraprise of partners into a shared community and execute
processes in a more collaborative and informed way than in the
past.”
The free, half-day events will feature industry thought leaders
and executives who will share their insights business networks and
tips on leveraging them to drive greater productivity and boost
financial performance.
“The cloud is powering a new kind of collaboration across the
business,” said Fauscette, who will present at the Ariba Commerce
Summits in New York, Atlanta and San Mateo. “And enterprises that
leverage collaboration in conjunction with content and community
and manipulate them through business networks, can create
tremendous value.”
To hear more from Fauscette on the networked business model,
visit:
http://www.youtube.com/watch?v=I0q5ePZhOI8&feature=em-uploademail
For more information on the 2012 Ariba Commerce Summits, or to
register, visit:
http://www.ariba.com/community/events/commerce-summits.
About Ariba, Inc.
Ariba, Inc. is the world’s business commerce network. Ariba
combines industry-leading cloud-based applications with the world's
largest web-based trading community to help companies discover and
collaborate with a global network of partners. Using the Ariba®
Network, businesses of all sizes can connect to their trading
partners anywhere, at any time from any application or device to
buy, sell and manage their cash more efficiently and effectively
than ever before. Companies around the world use the Ariba Network
to simplify inter-enterprise commerce and enhance the results that
they deliver. Join them at: www.ariba.com
Copyright © 1996 – 2012 Ariba, Inc.
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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
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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
Ariba’s 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
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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-Q filed with the SEC on May 4, 2012.
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