Presentation on theme: "CS Introducing New Supplier Functionality with the Seller Information Console Rob Mihalko, Vice President, Seller Marketing & Ariba Discovery Olaf Schrader,"— Presentation transcript:
10 The Rise of the Networked Enterprise – Enabled by Collaborative Technology “Increasingly companies are embracing collaboration as part of their strategy to grow.”77%increasedaccess toknowledge63%increasedmarketingeffectiveness55%betterinformationsharing41%improvedcollaborationacrosssilos43%greatermarketshare24%increasedrevenue8%highermarginsThis desire to work more effectively together is giving way to a major trend that is changing the way companies do business. This trend is something McKinsey calls the “Networked Enterprise,” and buyers and sellers who have been early to adopt it are transforming their trading partner relationships. And they are gaining huge business benefits: increased revenue, better access to knowledge through shared knowledge, higher margins. Becoming a networked enterprise requires a transformation of your people, processes and technology.“ Networked enterprises are 50% more likely to have increased sales, higher profit margins, gain market share, and be a market leader. ”Source: McKinsey & Company, “The rise of the networked enterprise, Web 2.0 finds it’s payday.” Survey of 4,394 executives. December 2010Ariba, Inc All rights reserved.