Intelligent spend isn't just about procurement and data it's also about knowledge, Dano Kwan said in a subsequent panel discussion. The $3 trillion represents more than 10% of total global commerce, said Tifenn Dano Kwan, SAP Ariba's chief marketing officer, in the conference's opening keynote. The SAP Ariba Network now includes 3.8 million sellers. The business opportunity in figuring out intelligent spend - a data-driven approach to making smart, efficient procurement decisions - is significant, as SAP Ariba reported that $3 trillion of commerce is projected to run through the SAP Ariba Network this year. 'And it's powered by intelligent spend.' Barry Padgett at SAP Ariba Live 2019.īig business runs through the SAP Ariba Network 'We're on a path to this intelligent enterprise that you are asking us to help facilitate,' Padgett said. Things are changing rapidly in the enterprise, and employees are being asked to do more and do it faster, so they need tools that can make life easier, he said. Their combined focus will be on helping companies solve business problems with SAP Cloud Platform and machine learning, rather than using specific technologies, Barry Padgett, CEO of SAP Ariba and SAP Fieldglass, said in his keynote address at the conference.

The two companies had been operating independently after each was acquired by SAP, but will work more seamlessly now in the vendor's quest for intelligent spend. SAP Fieldglass is a cloud-based vendor management system for external workforce and services procurement. SAP Ariba is a cloud-based platform for direct and indirect procurement of goods, connecting buyers and suppliers via the Ariba Network.

Sap fieldglass system