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The networks we use to run our daily lives share these three components of TECHNOLOGY, COMMUNITY AND CAPABILITIES.
There’s lots of room to grow to the Networked Economy.Companies have spent billions of dollars in personnel, reengineering, and systems over the past two decades to improve their internal process and information flows.Within the four walls of the enterprise, businesses have made great strides in sharing information and collaborating between departments and employees.Unfortunately, these islands of efficiency that are disconnected from the outside world and fall down where it matters most – when buying, selling, or exchanging cash with other businesses. In fact, despite all this investment and all these advances, more than 80% of POs, Invoices, and other transactions still take place offline…involving lots of paper…lots of people…and lots of inefficiency.By some estimates, all this inefficiency costs business $650 billions per year in missed sales opportunities, higher operating and supply chain costs, and slower cash flow cycles.
And, as was illustrated by Gartner, and a host of other research initiatives, enterprises are quickly seeing the benefits that the combination of cloud computing, enterprise apps, and community can bring to their business……and they want to take part in the Networked Economy.A recent CFO Magazine study of 200 global finance executives found that they viewed using technologies – like the cloud and business networks – to better discover, connect, and collaborate with their customers, suppliers, banks, and other trading partners was a top priority for agility and growth.A CIO Magazine study found that IT executives are also prioritizing investments to improve external collaboration.The fact that there is alignment between business and IT is a watershed event in and of itself…. In fact, a research series from Harvard Business School points to inter-enterprise collaboration as a key competitive competence going forward.
Welcome to Ariba LIVE 2012, Bob Calderoni, Chairman and CEO, Ariba, Inc.
Welcome to Ariba LIVE 2012Bob CaleroniChairman and CEO, Ariba, Inc.
Our Vision – The Next Wave of Productivity: Efficient Collaboration Between Enterprises Community Technology Capabilities 1980s 1990s-2000s Today Desktop OS Backoffice OS Inter-Enterprise OS“Employee Productivity” “Enterprise Productivity” “Value Chain Productivity”
Personal Commerce Networks Communication Shopping & Collaboration Entertainment Research
3 Pillars of Personal Networks 1. Cloud-based TECHNOLOGY 2. COMMUNITY 3. CAPABILITIES
Impact of Poor Business CollaborationWanted: Better Business Commerce
Businesses Want to be Networked Too…Inter-Enterprise Collaboration is the New Competitive Competency “Tighter collaboration with “Increasingly companies are customers, suppliers, and embracing collaboration as partners, achieved by having a tech- part of their strategy to grow.” savvy supply chain is key to steering through unpredictable economic environment.” “The underlying benefit of cloud computing is improved collaboration, both within the organization and externally… trading partners benefit from being able to collaborate using a common platform.”