Spend Management Software Vendor, Ivalua, Moves from Niche Player to Challenger in Gartner Magic Quadrant for Strategic Sourcing Application Suites

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Ivalua, a leading global vendor in Spend Management Software, moves from "Niche Player" to "Challenger" in Gartner Magic Quadrant for Strategic Sourcing Application Suites. The evaluation was based on completeness of vision and ability to execute.

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We are thrilled to be positioned as Challenger in Gartner MQ. Many thanks to our customers who have agreed to answer the analysts and who have greatly contributed to these good results.

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Ivalua, a leading global vendor in Spend Management Software, announced today that it has been positioned as a "Challenger" by Gartner Inc. in the 2013 Magic Quadrant for Strategic Sourcing Application Suites*.

Ivalua makes a striking move in Gartner MQ* from Niche Player to Challenger, since the latest MQ published in 2010 and is now closer than ever to the Leader quadrant.

Since its inception in 2000 Ivalua placed Corporates’ needs and Usability at the core of its road-map providing its customers with cutting-edge Procurement technology, capable of driving savings, foster cross-team collaboration and improve processes efficiency across the whole procurement spectrum.

“We are thrilled to be positioned as Challenger in Gartner MQ. Many thanks to our customers who have agreed to answer the analysts and who have greatly contributed to these good results,” adds Dan AMZALLAG, CEO Ivalua Inc.

In this report, Gartner evaluated 29 of the most significant providers specializing in eSourcing applications. Evaluation is based on both customers and vendors surveys.
“We believe, this shift in Gartner MQ reflects Ivalua Business model: putting Customers at the heart of any decision we make. This is the only way to achieve Market Responsiveness and Customer Satisfaction simultaneously. With the launch of Ivalua V8 this fall**, Ivalua will offer an even more powerful tool to all our Customers wishing to manage their Spend in an efficient and collaborative way” concludes Paul Noël, VP Procurement Solutions, Ivalua Inc.

*Gartner, Magic Quadrant for Strategic Sourcing Application Suites, Deborah R Wilson / Magnus Bergfors / Richard Adams, 1 July 2013
** Ivalua Buyer V8 will be launched at Ivalua On Air, October, 15th 2013 http://www.ivaluaonair.com

(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.)

Ivalua Bio:
Established in 2000, Ivalua is one of the leading global vendors in Spend Management Software, with main offices located in the US and Europe.

Ivalua offers a comprehensive and modular suite covering the entire Spend Management spectrum, from the strategic side to the transactional and analytical sides. Our platform based application approach lets you easily and quickly add modules as your needs change.

Targeting global large size companies, Ivalua has successfully implemented more than 100 projects worldwide across 12 different sectors, and is used daily by 150,000 users and 500,000 suppliers from more than 70 countries in 15 different languages.

For more information, http://www.ivalua.com or by email at info(at)ivalua(dot)com

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