Capgemini acquires IBX, launches procurement service

DATE: 03 Feb 2010
Delivery van on the road

Capgemini Group has acquired purchasing solutions provider IBX and, with it, the industry’s first global end-to-end, Procurement-as-a-Service offering

By Ellie Duncan

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The two companies have been collaborating since summer 2009 and decided to join forces in order to drive development of the new procurement service offering.

According to Capgemini, the deal adds IBX’s strength in software-as-a-service purchasing technology to its global sourcing, business process outsourcing (BPO) and transformation governance expertise.

Procurement platforms can provide immediate gains for companies looking to outsource processes,” said Hubert Giraud, global leader of Capgemini BPO.

“Now that our unique offering provides the end-to-end capabilities from transformation consulting to global sourcing, organisations need only seek a single partner for procurement outsourcing.

“Not only does the fully integrated approach achieve significant savings faster, the required investment to recognise and achieve the saving is also less,” Giraud added.

The new end-to-end BPO procurement solution will include a full suite of products and services, including business process outsourcing, the software-as-a-service procurement platform and an established global supplier network of more than 20,000 suppliers.

The deal should be finalised by the end of February.

Edited by Jennifer Denby

Source: www.uk.capgemini.com/news/pr/pr2073/

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