BravoSolution Recognized as a Leader in Gartner's 2013 Magic Quadrant
DUBAI, United Arab Emirates - Monday, July 8th 2013 [ME NewsWire]
Gartner, Inc. just released the latest Magic Quadrant for strategic sourcing technologies,* and BravoSolution is positioned as a Leader with the furthest placement on the Visionaries axis out of 29 vendors, and second highest placement for its ability to execute.
“The technology and skills that procurement needs to excel are rapidly evolving, and we believe Gartner's recognition is a testament to our commitment to improve alongside them.”
"Our vision for procurement has evolved significantly over the past few years. Today, we're moving beyond cost savings to help some of the top organizations in the world grow faster and more profitably," said BravoSolution CEO Nader Sabbaghian. "The technology and skills that procurement needs to excel are rapidly evolving, and we believe Gartner's recognition is a testament to our commitment to improve alongside them."
The urgency to realize more value from procurement and sourcing operations is high: BravoSolution has seen that clients with high sourcing maturities improve operating margins by 350 basis points and return on invested capital by 380 basis points -- which amounts to hundreds of millions of dollars in potential profits for large, global organizations.
Download a complimentary copy of the 2013 Magic Quadrant for Strategic Sourcing Application Suites today. The report, available from BravoSolution, evaluates vendors based on ability to execute and completeness of vision. For more information visit BravoSolution.com.
*Gartner, Inc., Magic Quadrant for Strategic Sourcing Application Suites, Deborah R. Wilson, et al., July 1, 2013.
About the Magic Quadrant
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. 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.
About BravoSolution (Tejari)
Tejari, BravoSolution’s operating name in the Middle East and North Africa, is an integral part of the global BravoSolution network. Tejari is a jointly owned venture by BravoSolution and Istithmar World. Its growing team of over 40 professionals across Dubai and Abu Dhabi provide effective support to a rising portfolio of local clients, such as DP World, Etihad, Dubai Government, Musanada and ZADCO, as well as multi-national organizations operating in the region.
Tejari offers leading software and services to fit the needs of today’s sophisticated supply management organizations. Our services organization, one of the world’s largest teams of professionals dedicated exclusively to sourcing and procurement consulting, delivers lean, targeted services to support strategic sourcing and procurement initiatives. Our industry leading software toolkit supports the full supply management lifecycle across a myriad of industries, geographies and business models.
As of today, over 50,000 procurement professionals in 60 different countries are benefiting from Tejari’s technology and services – unlocking tangible benefits such as increased process efficiency, decision support, cost reduction, improved process governance, greater quality relationships with vendors and the ability to share, understand and act upon the wealth of sourcing-related data held within their organization. Learn more at www.tejari.com.
Contacts
Soraya Sackey
+44 (0)20 7796 4170
soraya.sackey@tejari.com
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