by Robert Solomon | May 11, 2020 | E-invoicing, Indirect Spend, Legal
A couple of weeks ago Bodhala, a legal spend management provider, raised $10 million in growth equity. In March, Persuit, “a first-to-market platform that facilitates a competitive process for sourcing outside legal counsel” was named by Fast Company as...
by Robert Solomon | Apr 28, 2020 | B2B Software, Indirect Spend, Industry Cloud, Vertical Cloud
Content wars are raging in Hollywood. Netflix, Apple+, Amazon, Disney+, Hulu, etc are battling for our eyeballs, especially now that we stuck at home. (Netflix added 15 million new subscribers last quarter!) In 2019, the industry spent $120 billion producing...
by Robert Solomon | Jan 7, 2020 | Indirect Spend, Industry Big Data, Industry Catalog, Matchmaking, Procure to Pay
There’s a battle being waged over Life Sciences R&D spend. Why should we care? It’s a huge market. The global pharmaceutical industry spends about $200 billion annually on R&D and the market grows faster than GDP. About $70 billion of this is...
by Robert Solomon | Oct 9, 2019 | B2B Software, Indirect Spend, Pricing, Public Sector
As taxpayers, we should want to know how well our dollars are spent. At the Federal level, most of these dollars are spent on social security, healthcare, and defense (see below). Articles about spending in these areas are easy to find, but the price of F-35s or my...
by Robert Solomon | Aug 14, 2018 | B2B Software, Indirect Spend, Procure to Pay
Even those of you who follow the procure-to-pay market may be saying to yourselves, “Who bought who?” But this small acquisition is more interesting than most because Proactis is public (PHD.L). That makes the transaction details public as well. And...
by Robert Solomon | Jun 2, 2018 | B2B Software, Indirect Spend, Procure to Pay, Valuation |
The 2018 Gartner Magic Quadrant for Procure-to-Pay Suites has been released. You can download the full report here or here. The Leaders The “Leaders” quadrant of the 2018 Gartner Magic Quadrant for Procure-to-Pay Suites are SAP (Ariba and Fieldglass) and...
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