IBM completes acquisition of Emptoris to expand Smarter Commerce initiative
IBM today announced it has completed its acquisition of Emptoris Inc. The acquisition expands IBM's cloud-based analytics offerings that provide supply chain intelligence for improved inventory management and cost efficiencies. Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce. Smarter Commerce helps organizations that are struggling to meet the demands of a rapidly changing market. With this acquisition, IBM builds on its capabilities in the procurement aspect of Smarter Commerce and extends it to a new line of c-suite executives – chief procurement officers.