Market Overview

Ivalua Once Again A Leader in Gartner's 2018 Magic Quadrant for Strategic Sourcing Application Suites

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Positioned for the third consecutive time in the report based on
ability to execute and completeness of vision.

Ivalua, a global leader in spend
management,
for the third consecutive time, has been named a Leader
in the 2018 Gartner "Magic
Quadrant for Strategic Sourcing Application Suites
."

Ivalua's platform enables Procurement and Supply Chain organizations to
fully digitize their business processes and manage all spend categories
while improving transparency, data quality and supplier collaboration.

As the market for strategic sourcing applications grows and becomes more
competitive, Ivalua continues to show strong growth and innovative
capabilities. We believe that this recognition is further validation
that companies need not compromise between a full suite and best of
breed capabilities, as Ivalua delivers both to hundreds of the world's
most innovative companies.

"We are deeply grateful to our customer community for confirming our
mission to empower Procurement to become smarter, more agile and
collaborative business partners," said David Khuat-Duy, Corporate CEO of
Ivalua. "We are proud to once again be named a Leader in this space and
aim to maintain this by continuing to innovate across the platform
ensuring the best user experience, rapid time-to-value and use of
emerging technologies such as AI."

Strategic sourcing applications include a range of upstream Procurement
functionality including spend analysis, sourcing, contract management
and supply risk and performance management (SRPM).

For this research, Gartner evaluated vendors on completeness of vision
and ability to execute. Leaders "execute well against their current
vision and are well positioned for tomorrow."

Read
a complimentary copy of the full report
to get an up-to-date view of
the market and vendor offerings.

Gartner, Magic Quadrant for Strategic Sourcing Application Suites,
Magnus Bergfors | Patrick Connaughton | Desere' Edwards | William
McNeill | Kaitlynn Sommers, 1 August 2018.

Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose
.

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