IBM has completed the acquisition of supply and contract management software offerings provider Emptoris.
With the acquisition of Emptoris, IBM reportedly expands its capabilities in the procurement aspect of Smarter Commerce and extends it to a new line of c-suite executives.
Furthermore, the acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence paving way for better inventory management and cost efficiencies.
Emptoris’ offerings supplement the existing B2B integration and supply chain management capabilities that IBM acquired through the purchase of Sterling Commerce and also complement IBM’s Supply Chain Management (SCM) Business Process Outsourcing (BPO) capabilities, a services offering available to clients through IBM Global Process Services (GPS).
The Emptoris technology is combined with IBM GPS BPO capabilities to accelerate cost savings and speed to benefit.
IBM Industry Solutions general manager Craig Hayman said developing the right procurement strategy and an adaptive supply chain are keys to achieving the business objectives of Smarter Commerce.
"Together, Emptoris and IBM’s integrated solutions will transform how clients manage compliance and mitigate supply risk," said Hayman.
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