JAGGAER Reports Record Sales and New Customers in First Half of 2017
RESEARCH TRIANGLE PARK, NC – July 12, 2017 – JAGGAER, producers of the world’s most comprehensive Source-to-Pay (S2P) indirect and direct spend solutions suites, today announces record breaking success with new customers, and existing customer upsells, during the first half of 2017. JAGGAER increased its customer base by 60%, and over 35% of its existing customers expanded their relationships into more products, including full suite solutions.
JAGGAER’s total customer base is now over 900 in the US, EU, UK and Asia. JAGGAER’s customers are reflective of its deep industry knowledge and market penetration in manufacturing, higher education, transportation, pharma and life sciences, healthcare and consumer packaged goods (CPG).
Significant new companies include Vulcan Materials, WestJet, CEVA Logistics, Hologic, Lonza, FujiFilm Diosynth Biotechnologies, Starbucks, Safeway, Metso Mining and Construction, Modine Manufacturing, and Varian Medical.
Over 30 new college and university campuses signed up for JAGGAER’s S2P solutions in the first half of 2017. These include Texas A&M, University of Connecticut, University of Pennsylvania, and many others.
“Our success indicates the strength of our global business strategy, partnerships and product innovation. We are the only company of our size that has responded to the market demand for specialized spend management solutions, and the results of this hard and directed work has saved our customers billions in spend. Our aggressive product roadmap, industry leading technology solutions and expanded global footprint position us to deliver the best year in the company’s 22 year history,” says Robert Bonavito, CEO of JAGGAER.
About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER offers the only comprehensive and complete spend solution suites enabling commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world’s largest higher education, manufacturing, pharmaceutical, life sciences, automotive, engineering, construction equipment, serial production and medical technology companies. Our indirect and direct spend solutions suites collectively form a global network processing billions of dollars in annual spend between 900+ customers and 2.5 million suppliers. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from spend analysis to sourcing, through contract and supplier relationship management. Additionally, JAGGAER holds 38 patents, more than any other spend management company, and acquired POOL4TOOL in 2017.
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