The addition of Ariba will create the business network of the future, deliver immediate value to our customers and provide another solid engine for driving SAP’s growth in the cloud.

Grab the opportunity to learn this SAP tool by enrolling with. It improves all of a company’s supplier management systems by providing cheaper forms of procurement and simplifying the business. Cloud-based collaboration is redefining business network innovation, and we are catching this wave in the early stage of its evolution. SAP Ariba is a resourceful cloud-based solution that enables suppliers and buyers to connect and do business on a single platform. Due to the extensive integration possibilities of SAP Ariba Cloud Integration. “The impact will be even greater as enterprises connect and collaborate in new ways with their global networks of customers and partners. Examples include Guided Buying, Commerce Automation (Ariba Network). “The cloud has profoundly changed the way people interact,” said SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe, in a statement. The deal will also give SAP more leverage in the cloud space, following its huge $3.4 billion acquisition of human capital management player SuccessFactors this past December. Many businesses (including SAP competitors) use Ariba’s cloud-based marketplace for goods and services to run everyday operations, which will make even more business depend on SAP solutions. The deal is expected to close in the third quarter of 2012.

SAP will pay $45 per share for Ariba, a nearly 20 percent premium over its May 21 closing price.

Ariba commerce cloud