Hubwoo And Bristlecone Announce Strategic Global Alliance

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5th October 2010, 11:33pm - Views: 1378






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MEDIA RELEASE PR41607


Hubwoo and Bristlecone Announce Strategic Global Alliance


PARIS and MOUNTAIN VIEW, Calif., Oct. 5 /PRNewswire-AsiaNet/ --


         Worldwide customers to have greater deployment model choice and

    increased sourcing and procurement value as a result of the alliance

                                 partnership


    Hubwoo (Euronext: HBW.NX), the world's leading provider of Cloud

Procurement solutions powered by SAP(R) software and Bristlecone, one of the

industry's most experienced supply chain business advisors and solution

providers, today announced the launch of a strategic global alliance.

Together they deliver a complete Analyze-to-Pay solution powered by SAP(R)'s

procurement software deployed in an on-premise, cloud, or mixed model.


    Aimed at providing the SAP market a flexible and viable alternative to

providers like Ariba, this partnership enables customers to select an

optimized deployment model that best meets their requirements, helps optimize

their supply management initiatives, drives efficiencies throughout their

analyze-to-pay processes, and maximizes their return on investment.


    Through this strategic alliance, Hubwoo and Bristlecone will continue

their commitment to global and local market leadership and set a new level

for providing solutions and services to their customers. Under the

partnership, both companies will expand and complement their existing

portfolio to provide a best-in-class solution powered by SAP software. In

addition, both companies will double their global go-to-market and delivery

reach.


    "Hubwoo is pleased to go to market alongside Bristlecone, with the result

of offering customers complete flexibility in global Analyze-to-Pay

deployment models. Customers have distinct business and financial reasons to

choose on-premise, hosted, or cloud models. This alliance allows us to offer

our clients a fully integrated hybrid approach to achieve their global SAP

strategies with immediate savings options," said Gregory A. Mark, Chairman

and CEO of Hubwoo.


    "Bristlecone is very excited to partner with Hubwoo to serve the

procurement market globally. Quite simply, customers want a service provider

that responds to their dynamic needs instead of forcing them to accept an

inflexible model. This alliance addresses this specific issue by providing

comprehensive global market coverage, optimizing joint service delivery, and

providing flexible deployment models. Customers can pick from an on-premise,

hosted or cloud subscription model from the one-stop shop created through

this best-in-class alliance," said Ashok Santhanam, President and CEO of

Bristlecone.


    About Hubwoo

    Hubwoo, (www.hubwoo.com) is the world's leading provider of Cloud

Procurement solutions within the SAP community. The Company manages a

business-to-business community with over 150 major international corporations

as its customers (including 50 in the Global 1000) and over 110,000 active

suppliers. Significant customers include Honeywell, Shell, Evonik, EDF,

Nokia, Michelin, Henkel, Statoil, Hershey's, Consol Energy, EcoPetrol, Carl

To view this and other AsiaNet releases please visit http://www.asianetnews.net

Zeiss, Burton's Foods, The Dow Chemical Company, ENI, and Graham Packaging.

The Company has international offices in Europe, Americas and Asia and is a

strategic partner of SAP and IBM.


    Listed in Compartment C on the Euronext Paris Eurolist.


    ISIN: FR0004052561, Euronext: HBW.NX, Reuters: HBWO.LN, Bloomberg: HBW:FP


    About Bristlecone

    Bristlecone, (http://www.bcone.com) is a leading consulting and systems

integration firm focused on helping clients maximize the strategic value of

their supply chains. Headquartered in Silicon Valley, CA, Bristlecone helps

clients across North America, Europe and the Asia/Pacific regions realize

high business impact from improved operations through advisory, systems

implementation and managed services. In the area of Integrated Sourcing and

Procurement, Bristlecone services address client needs for Data Cleansing,

Normalization and Enrichment, Spend and Risk Analysis, Strategic Sourcing,

Contract Lifecycle Management, Operational Procurement and Analytics.

Bristlecone provides these services via traditional on-premise, hosted,

Software as a Service (SaaS) and BPO models. Bristlecone has been continually

acknowledged by industry analysts and customers as a leader in solutions for

the extended supply chain. Significant Bristlecone clients include globally

recognized companies such as Credit Suisse, Callaway Golf, Tellabs Inc,

Steelcase, Newell Rubbermaid, Wells Fargo, ABB, Exxon/Mobil, Freescale

Semiconductor, LSI, Mahindra & Mahindra, Qatar Petroleum, Petronas, Ranbaxy,

Silicon Labs, Sony, Unilever and Whirlpool.


    Contacts

    Rinus Strydom (SVP Marketing & Product Management)

    email: contact@hubwoo.com


    Naresh Hingorani (Global Practice Leader, Sourcing & Procurement)

    email: info@bcone.com



SOURCE: Bristlecone


    CONTACT: Rinus Strydom, 

             SVP Marketing & Product Management,

             contact@hubwoo.com; 


             Naresh Hingorani, 

             Global Practice Leader, Sourcing & Procurement, 

             info@bcone.com; Michael Hartman, 

             +1-404-964-8966










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