Today’s article is the first in a series of articles centered on our new Technology Adoption Report on Business Networks, sponsored by Hubwoo, and available for download here. While analyzing the technology markets and advising large enterprises on their technology strategy is something we have been doing for years, this work does not make it into our reports or into articles on our network of sites very frequently. We’re planning to change this and this new “adoption report” is but one visible way we plan to do so. Basically, supply management technology is a core area of our expertise and we believe that when this expertise is coupled with our market leading research, we can produce powerful and informative research.
Ardent Partners’ technology-oriented research is designed to help business decision-makers navigate the marketplace to understand (1) the underlying business value that can be derived from an investment in technology and (2) the surest and most direct approaches to attaining that value. We believe our analysts’ first-hand experience evaluating, developing, packaging, deploying, and using supply management solutions on behalf of enterprises in the Global 2000 and public sector differentiates our team from all other analyst firms and researchers in the supply management marketplace. We also believe that it enables us to produce research that is highly insightful and extremely usable and accessible for supply management leaders.
This Ardent Partners’ Technology Adoption Report on Business Networks presents current adoption figures for this solution (business networks) in the market today and future adoption projections based upon a series of primary market research efforts (focused on supply management including sourcing, procurement, and accounts payable) conducted by Ardent Partners over the past 18 months. These research efforts captured the responses of more than 1,000 supply management professionals who shared their experiences, preferences, usage, and intentions as it relates to business networks. This report was also informed by the insight and experience of the report authors who have researched, evaluated, and tracked the evolution of business networks since their inception.
About the report:
The demands of today’s marketplace require that businesses continue to advance and improve by promoting better communication and collaboration among stakeholders and by layering greater intelligence into their core processes. Business networks, which sit at the intersection of many procurement and financial processes, promote collaboration between the two groups by helping to automate common business processes, like P2P, and enable next-generation business practices, like supplier collaboration. Business networks have risen as a powerful means for businesses to connect with core partners, foster business relationships, automate key procurement and financial activities, and provide key stakeholders with the necessary visibility to help forecast and plan for the future. For some, these networks now serve as the primary point of convergence between different procurement, finance, and supply chain related initiatives.
We’ll be back tomorrow with a deeper discussion of the report.
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