SAP Ariba and OMX Team to Boost Global Commerce

Companies to link Offset Market Exchange and SAP Ariba Discovery to
increase opportunities for buyers and sellers around the world

PALO ALTO, Calif. & TORONTO–(BUSINESS WIRE)–SAP
Ariba
and Canadian technology startup OMX
(Offset Market Exchange, Inc.) are teaming up to make commerce happen.
The companies today announced plans to connect the OMX Marketplace to SAP
Ariba® Discovery™
to increase B2B supply chain and sourcing
opportunities for buyers and sellers around the world.


“Networks are all about connecting people, information and processes.
And to create value, they too must be connected,” said Jon Stevens,
Global Senior Vice President, Business Networks, SAP Ariba. “In joining
forces with OMX, we can connect more buyers and sellers around more
commerce in new and innovative ways that lead to profitable partnerships
and business growth.”

The Ariba
Network
is the world’s largest, most global business-to-business
network, with more than 2.8 million connected companies in 190 countries
transacting more than $1 trillion in commerce on an annual basis,
Delivered on the network, SAP Ariba Discovery is the premier service for
matching business buyers and sellers globally where more than $308
million in business is posted every month.

OMX, a leading supply chain, data analytics and project management
technology platform, connects buyers and sellers in the defence,
aerospace, mining, oil/gas and infrastructure industries. The technology
also manages and tracks national economic impacts of major projects,
particularly government procurements.

A Network of Networks

Together, OMX and SAP Ariba can provide suppliers with access to
increased opportunities across a wide spectrum of industries and allow
buyers to tap into a larger network of qualified trading partners.

Buyers using SAP Ariba Discovery generate millions of business
opportunities which will automatically be matched and sent out as
Request for Proposals to the thousands of active suppliers in OMX. OMX
buyers will also be able to push their demand to suppliers using SAP
Ariba Discovery for fulfillment.

“Networks of the future will work together, collaborate and share data
to bring maximum value to the community, and that is exactly what this
alliance is all about,” said OMX Founder and CEO Nicole Verkindt.

About OMX

The OMX platform provides access to over 60,000 international companies
by region, size, local content, certifications and capability, with
effective web-based software tools to manage supplier and customer
relationships collaboratively across an organization. It consolidates
all the related information required to fulfill a program, making
Government contractors more competitive in a sector where there tends to
be a lot at stake and entry costs can be heavy.

Major features include:

  • Connect with organizations: search, filter, map and compare, and track;
  • Secure internal messaging and document sharing between companies;
  • Robust, collaborative project and transaction management and tracking
    for sourcing;
  • Downloadable data for efficient reporting;
  • A dedicated space for clients to solicit goods and services from
    suppliers, academia and R&D institutions by posting on our
    “Opportunities Feed”;
  • Business to Business (B2B) Request For Proposal (RFP) Engine for
    Buyers and Sellers;
  • Data Analytics: filter, compare, map, download.
  • Reporting: Demonstrate Economic Impact from Government procurements

To book a demo of OMX please contact: [email protected].
Connect with OMX on social media: @offsetmarket linkedin.com/company/omx

About SAP Ariba

SAP Ariba is how companies connect to get business done. On the Ariba
Network, buyers and suppliers from more than 2.8 million companies and
190 countries discover new opportunities, collaborate on transactions
and grow their relationships. Buyers can manage the entire purchasing
process, while controlling spending, finding new sources of savings and
building a healthy supply chain. And suppliers can connect with
profitable customers and efficiently scale existing relationships –
simplifying sales cycles and improving cash control along the way. The
result is a dynamic, digital marketplace, where more than $1 trillion in
commerce gets done every year.

To learn more about SAP Ariba, visit www.ariba.com

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP)
helps companies of all sizes and industries run better. From back office
to boardroom, warehouse to storefront, desktop to mobile device – SAP
empowers people and organizations to work together more efficiently and
use business insight more effectively to stay ahead of the competition.
SAP applications and services enable approximately 350,000 customers to
operate profitably, adapt continuously, and grow sustainably. For more
information, visit www.sap.com.

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Contacts

SAP Ariba
Karen Master, +1-412-297-8177
[email protected]
or
OMX
[email protected]