Since its founding in 1999, Emptoris has evolved into a world leader in strategic supply, category spend, and enterprise contract management solutions, and was recently acquired by IBM. TEC principal analyst P.J. Jakovljevic takes a close-up look at the functionality—and at telecom expense management (TEM) in particular—that makes Emptoris solutions a success among Forbes Global 2000 companies.
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Commerce initiative (see the official press release ). 2011 Expansion: A Spillover from 2010 The company’s bullish posture and growth in 2010, which were exhibited at its Empower 2010 user conference , continued throughout 2011. In early 2011, the company announced the acquisition of Rivermine , based in Virginia (US), a provider of TEM solutions that specialize in managing voice, data, and wireless telecom expenses. Rivermine’s solution is available as on-premise software or managed services (just