A Closer Look at Ariba’s Very Quiet Transformation
Friday, October 03, 2008
Back in the late 1990s, in the go-go days of Internet commerce, Ariba, Commerce One, and i2 Technologies were three of the most-watched stocks. Their share prices would leap and fall in dramatic fashion, as the trio competed to be the transaction and content hubs of the then red-hot world of industry trading exchanges.
Fast forward a decade. Commerce One filed for Chapter 11 bankruptcy in October 2004 and was later acquired by Perfect Commerce in February 2006. Assuming the deal gets completed, i2 will soon be part of JDA Software. As for Ariba, it has done quite well, despite the repeated attempts by Oracle and SAP to extend their ERP dominance into sourcing and procurement, supplier relationship management, and spend management.