spendmatters
 

February 09, 2012

 

Spend Matters Sponsor

Endeca

Endeca

Spend Matters Analysis: Endeca, a technology provider well known outside of the procurement and supply chain world, is, perhaps, the latest and most differentiated vendor to emerge on the spend / supplier visibility and analysis application stage. Endeca excels at helping companies identify and navigate information in both structured and unstructured data sets. Thanks to its ability to surface, analyze and expose relationships across information silos, Endeca presents a strong case for companies to look beyond the first generation spend analysis capabilities of the kind offered by over a dozen other providers. While Endeca's Information Access Platform represents an entirely new paradigm in procurement and supply chain data access and visualization, only time will tell how quickly companies will adopt this new capability alongside — or as a replacement — for existing solutions.

Sponsor Description: Endeca's innovative information access software helps people explore, analyze, and understand complex information, guiding them to unexpected insights and better decisions. The Endeca¨ Information Access Platform, built around a new class of access-optimized database, powers applications that combine the ease of searching and browsing with the analytical power of business intelligence. More than 500 leading global organizations rely on Endeca to power business-critical applications that increase revenue, reduce costs, and streamline operations. Endeca's Design for Supply solution provides design engineers with 360 degree visibility into integrated part and supplier information to select parts that align with sourcing, compliance and other corporate objectives. Endeca's Spend Analysis solution provides sourcing professionals with real-time access and analysis of disparate sourcing, parts and supplier information to identify opportunities for reducing direct materials spend, consolidating suppliers and negotiating preferred contracts. Both solutions solve long-standing challenges not addressed by today's PLM, Spend Management, Supply Chain Management and business intelligence. Headquartered in Cambridge, Mass., Endeca has operations in North America, Europe, Asia and Australia.

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