JAGGAER Announces Earnings and Introduces Jaguar 18.2 as “Intelligent Procurement” Solution

JAGGAER, a global independent spend management company, recently announced the release of Jaguar: 18.2, calling it an “evolution” of the Source-to-Pay process.

The software features are designed for global users in manufacturing, consumer goods, healthcare, education, and life sciences industries.

According to the company, the attributes of this release include two clicks and a buy, which make the shopping experience more intuitive, with an uncluttered interface that is part of a drive towards the full realization of a “smart shopping.”

Earlier this week, JAGGAER announced the best first half year in the company's history for global revenue, new customer orders, and expansion of existing business. JAGGAER wrapped Q2 2018 with bookings that were up over 30% for the first half of 2018 compared to the first half of 2017.

Robert Bonavito, CEO, JAGGAER, told SCMR in an interview that that the global economy is at an “inflection point,” which is permitting the company to grow more aggressively in vertical markets worldwide.

“It is vital for managers to understand and control supply chains through advanced analytics now,” he said. “In fact, we place it is at the highest premium ever.”

JAGGAER added 82 new customers in the US, EMEA and APAC, representing manufacturing, retail, education, materials handling, distribution, education, life sciences, consumer packaged goods, public sector, electronics and business services.

This reflects JAGGAER's focus on providing specific solutions to vertical industries. New customers include Bystronic, Surface Oncology, Western and Southern Financial Group, McMaster University, Pernod Ricard Espana, Weinberger Clay Building Materials Europe, and over 70 others. JAGGAER now serves nearly 2000 customers globally.

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