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Rank Provider Founded Reasoning 1 SAP Ariba 1996 Ariba was founded in 1996 (acquired by SAP in 2012), making it the oldest. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supplychainanalytics.
Ariba was still predominantly an eAuctions platform and had yet to be acquired by their German parent company SAP, which didn’t happen until 2012. It’s not as simple as changing your mobile phone supplier. Namely, to be a one-stop shop for both procurement and supplychain requirements.
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