spendmatters
 

February 09, 2012

 

IBM Acquires Initiate Systems: Five Key Takeaways

This morning, IBM announced that it was acquiring Initiate Systems, a leading provider in the customer data integration (CDI) and enterprise master patient index (EMPI) markets. For full coverage of the news, including potential implications for procurement and supplier management solutions, check out Spend Matters previous coverage of the announcement from earlier today. In the column, I tried to distill what CDI technology does by noting "Initiate's technology enables users (e.g., analysts, doctors, sales reps) to gain a unified perspective of a customer, patient, or entity across multiple fragmented data sources, in real time." I also explained how this is applicable to procurement and supplier management. But in a rush to get this story out, I neglected to prioritize a few key takeaways that are worth noting:

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Commodity Edge Conference

Aravo's Tim Albinson Responds to Spend Matters

Editor's note: Aravo's Tim Albinson asked if he could have the chance to issue a formal response to this post from earlier today. After I agreed to turn over the virtual pen, he sent me this.

Jason,

Thanks for the great write-up -- you do an excellent job of encapsulating the exciting developments here at Aravo.

I agree with your comment that the SIM market is still relatively early in its development. Many companies have yet to realize the full benefit of a SIM transformation and Aravo is engaged with hundreds of such firms as we speak. While Aravo created the SIM space/acronym in 2005, it has only been in the past 18-24 months that we've seen broad market acceptance for the category. A key validation point for the space was the announcement of our global SIM initiative at GE. Today, however, we are seeing broad acceptance of the SIM category among analysts, competitors, media, clients and prospects. In fact, we now regularly see RFPs with SIM in the title -- and this is something we're very proud of here at Aravo.

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