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A cloud-based B2B marketplace that provides easy communication between buyers and suppliers. It improves and facilitates the procurement process. The platform works akin to Amazon or eBay, the difference is in the types of offers that can be found there and additional features that is offers.
First released | 1996 |
Developed by | Ariba, Inc. |
Used by | PSEG, Bank of America, Johnson & Johnson |
The company was purchased by SAP in 2012 for over $4 billion. Approximately 1.5 million companies use the network.