PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Recognizes Iasta for its Robust Portfolio and Strong Product Strategies in the Strategic Sourcing Industry - Its SmartAnalytics and SmartSource SRM solutions enable clients to source and optimize business decisions
Frost & Sullivan Recognizes Iasta for its Robust Portfolio and Strong Product Strategies in the Strategic Sourcing Industry

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2011/06/28 - Its SmartAnalytics and SmartSource SRM solutions enable clients to source and optimize business decisions.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consulting/Market Research Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Based on its recent analysis of the strategic sourcing industry, Frost & Sullivan recognizes Iasta with the 2011 North American Frost & Sullivan Award for Product Line Strategy. Iasta's comprehensive product line strategy reflects the company's strong focus on changing customer needs, market variables and implied growth opportunities.

"The strategic sourcing market continues to mature with different products, such as spend analysis, supplier performance management and contract management at different stages in the adoption and growth life cycle," notes Frost & Sullivan Research Manager Raman Monga. "With developments in the e-sourcing industry providing advanced capabilities over the past five to seven years, vendors like Iasta that constantly innovate their solutions and reinvest in product development are able to differentiate themselves in the marketplace and expand into newer markets."

Iasta's robust product software as a service (SaaS) portfolio includes detailed spend analysis with the SmartAnalytics® solution and comprehensive sourcing functionality with RFx, auctions, decision analysis and contract and supplier management through the SmartSource SRM® platform. While the company's horizontal target market strategy has meant a highly standardized product line, this comes with customizable modules and components that can be aligned with individual customer bases and data profiles.

Recognizing that the role of strategic sourcing and procurement has expanded to ensure transformative changes that impact the competitive positioning of the customer and concentrates on long-term objectives, Iasta's CloudSourcing™ integrates consulting and technology solutions that address people, process and technology needs as they relate to a project or set of projects.

Customer centricity is also a key focus in Iasta's technology development. For instance, its SmartOptimization® platform has been designed to ensure customizable analysis capabilities and business risks are factored into such decision analysis used for the evaluation award scenarios. Client buyer teams are able to factor in critical issues, such as supplier risk and environmental compliance, into their decision-making tools.

"Focusing on procurement transformation and adopting a customer-centric approach to technology development are expected to strongly position Iasta as a leading contender for global large-scale engagements," says Monga. "The Iasta consulting group's sound sourcing experience, along with technical knowledge and high levels of customer service will also help companies maximize ROI on goods and services."

Iasta's consistent growth rates have been a strong indicator of its sound product and market strategies. The company's three-year growth rate since 2007 is at an impressive 134 percent. Financial growth has been complemented by a strong R&D focus, with almost 13 percent of the revenues being reinvested into product development during 2009.

Overall, Iasta's growing accomplishments and strong revenue growth are a result of its vision. In recognition of the comprehensive suite of products it offers, Frost & Sullivan is proud to present Iasta with the 2011 Frost & Sullivan Product Line Strategy Award in the strategic sourcing industry.

Each year, Frost & Sullivan presents this award to the company that has developed a comprehensive product line that caters to the breadth of the market it serves. The award recognizes the extent to which the product line meets customer base demands, the overall impact it has in terms of customer value as well as increased market share.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.

About Iasta
Founded in 2000, Iasta equips sourcing and procurement teams with the tools to fortify their organizations' bottom-line results. Iasta's sourcing and spend management solutions help companies strengthen their supply bases, increase sourcing efficiency, manage compliance and drive hard-dollar savings. Iasta has more than 150 global clients that are cutting costs by running hundreds of sourcing projects through Iasta's SmartSource SRM®. Iasta's spend analysis solution, SmartAnalytics®, is the foundation for all sourcing projects, and provides users with comprehensive and detailed access to the entire organization's purchasing data. Tailored to meet our clients' unique and evolving business needs, both SmartSource SRM and SmartAnalytics help teams uncover and run more sourcing projects - often resulting in 30% overall cost reductions and compliance. In addition, clients working with the Iasta Consulting Group for Procurement Transformation engagements often realize an ROI of 15:1 or greater.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consulting/Market Research Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Consulting/Market Research articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Recognizes Iasta for its Robust Portfolio and Strong Product Strategies in the Strategic Sourcing Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Mireya Espinoza 
210-247-3870 mireya.espinoza[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Consulting/Market Research via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Consulting/Market Research Most Recent Related Newswires:

CulturePro Consulting and Inloso, LLC Announce Joint Venture
Kantar Unveils A New Corporate Identity Across its Operating Brands - Announces Launch of Two New Operating Brands
Kantar Unveils A New Corporate Identity - Launches Two New Operating Brands
Kantar and ComScore Expand Behavioural Data Partnership to North America
Frost & Sullivan Partners with Vaahika Under the ‘Companies to Action’ Program
Kantar's TNS Takes Full Ownership of TNS ICAP in Greece
TNS Takes Full Ownership of TNS ICAP in Greece
California Energy Commission Selects Energetics to Develop Research Roadmap
GroupM Launches LIVE Panel Connecting with Multiple Data Sources Across Kantar
Asia Transformationand Turnaround Association Partner with Institute for Turnaround
FTI Consulting Launches Expert App Version 1.2 for Smartphones and Tablets
Report Xplore Publishes Wood Coatings Market in Europe 2015-2019
Kantar Participates in Joint Initiative to Boost Transparency in Online Research
Two Energetics Publications Win Society for Technical Communication Awards
Charles River Analytics Develops Virtual Environment-based Training Tools for US Navy

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)