Vinimaya Named "Cool Vendor" by Leading Analyst Firm

Vendors selected for the "Cool Vendor report" are innovative, impactful and intriguing

SHELTON, CT

(April 5th, 2007)

Vinimaya, a leading provider of innovative supplier enablement solutions for e-procurement, has been included in the list of "Cool Vendors" in the "Cool Vendors in Supply Chain and Procurement 2007" report by Gartner, Inc., authored by Debbie Wilson, Andy Kyte, Andrew White and Tiffani Bova, released March 7, 2007.

Vinimaya was listed in the Gartner Report, which covers new developments in supply chain and procurement that may have long-term market effects, including solutions that are noninvasive to corporate IT strategy and architecture, so value can be achieved without large degrees of change.

Vinimaya's flagship product is the patent-pending ViniSyndicate Catalog Inegration System™. ViniSyndicate uses distributed Internet search technology in place of centralized catalog databases and XML punchout connections to allow e-procurement system users to search, browse and create shopping carts using content directly from suppliers’ web sites and online catalogs. This approach simplifies, speeds up and significantly lowers the cost of catalog enablement for both buyers and suppliers. ViniSyndicate also addresses one of the most significant eProcurement challenges – user adoption – by providing single user interface access to all catalogs concurrently, both online and stored, providing functionality like cross-supplier (e.g., federated) search, item compare and saved carts, which is not supported by XML punchout.

ViniSyndicate is compatible with all leading e-procurement systems such as Ariba Buyer, Oracle iProcurement, PeopleSoft Enterprise eProcurement and SAP EBP among others. Complementing ViniSyndicate is Vinimaya’s EasyOrder™, their Internet EDI offering, and EasyPortal™, their standalone OnDemand ePurchasing offering, which combines the capabilities of ViniSyndicate and EasyOrder for companies without an eProcurement system, or those using a P-Card. Vinimaya also offers a full range of catalog, transactions and portal solutions for suppliers.

Vinimaya counts among its clients several Fortune Global 500 companies, including Alcoa, Sunoco and 3M, among others.

"We’re honored to be named a Cool Vendor by Gartner, one of the most respected analyst firms in the world,” said Gary Hare, Vinimaya’s president and CEO. "Vinimaya is helping companies realize the promised benefits of e-procurement with solutions that are cutting-edge, providing tremendous benefits in increasing user adoption, spend coverage and compliance. And we do it in a manner that is both highly cost-effective and easy to implement.

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Vinimaya

Vinimaya, Inc. is a privately held software solutions company that provides Supplier Enablement Solutions for E-Procurement for both buyers and suppliers, based on the patent-pending Vinimaya Intelligent Agent Server (IAS)™, that are 100% compatible with e-procurement systems such as Ariba Buyer, SAP EBP, Oracle iProcurement and PeopleSoft Enterprise eProcurement among others. Visit http://www.vinimaya.com or call 888-808-8464.

"Vinimaya", "ViniSyndicate", "ViniSyndicate Catalog Integration System", "ViniSyndicate Supplier Integration System", "EasyOrder", "EasyPortal", "Vinimaya Supplier Solutions" and "Vinimaya Buyer Solutions" are registered trademarks of Vinimaya, Inc. All other product and company names listed may be the trademarks of their respective owners.

Contact:
Leonard Lee
Vinimaya, Inc.
612-670-3445
llee@vinimaya.com

SOURCE: Vinimaya

 
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Vinimaya Named "Cool Vendor"