How does Procuri fit into Ariba’s overall strategy?
The acquisition of Procuri reinforces Ariba’s commitment to and leadership position in the on-demand spend management market.. According to data published in AMR Research’s Sourcing and Procurement Market Sizing Report, 2006-2011, the combined company holds a 50% share of the on-demand sourcing and procurement market and is the clear leader in the on-demand delivery model.