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In the News


News from October, 2008

GE Goes Live with Supply Information Management in Largest Software-as-a-service Deployment

Friday, October 31st, 2008

Supply & Demand-Chain Executive – Editorial Staff

Company taps Aravo SIM solution to automate and streamline supplier information-related business processes globally across business units; 500,000 suppliers, six languages, 10 countries

San Francisco, CA — October 31, 2008 — GE is working to transform its global supplier information management (SIM) process by deploying what is quite possibly one of the largest software-as-a-service deployments to date, using the Web-based SIM solution from Aravo to automate and streamline supplier information-related business processes across all of its business units worldwide.

The Aravo SIM solution, which forms the basis of GE’s Global Supplier Library, offers the company’s suppliers a self-service interface to author and maintain information required to do business with GE at both the corporate and business-unit levels, helping both GE and its suppliers increase efficiencies, improve supplier data quality, drive compliance and reduce costs. (Full Article)


MobiTV Named Silicon Valley Technology Fast 50 Company

Friday, October 31st, 2008

MobiTV praised for technology innovation as winner of the Internet, Media & Entertainment and Communication Category

MobiTV was awarded first place as a Silicon Valley Technology Fast 50 company, receiving top honors in the Internet, Media & Entertainment and Communication category.

The Silicon Valley Technology Fast 50 is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the Silicon Valley based on percentage fiscal year revenue growth over five years (2003-2007).

This year’s program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services — A Wells Fargo Company.

“This accomplishment is a great barometer of success in our mission to continuously anticipate, develop and deliver a compelling mobile media experience,” said Charlie Nooney, Chairman and CEO of MobiTV. “We take great pride, and it’s a testament to the skill and dedication of the team at MobiTV, that our technologies, products and the experiences they provide are being recognized and celebrated.” (Full Article)


GE Will Use SaaS To Manage 500,000 Suppliers

Thursday, October 30th, 2008

The electronic firm’s partnership with Aravo’s Web-based software service is the latest example of how even the largest of companies are getting comfortable with SaaS.

GE is using a small software-as-a-service company for an online repository of information on 500,000 global suppliers. It’s an example of how even the very largest of companies are getting more comfortable with having their critical business data managed in a SaaS environment.

GE, with revenues last year of $172.7 billion, made Aravo Solution’s supplier-information management service available to employees in mid-October. It’s available in six languages to any of GE’s 300,000 employees worldwide involved in the supply procurement process, including workers that order office supplies, managers that negotiate large commodity purchases, and legal staffers that ensure suppliers are in compliance with local laws and taxes. Features, functions, and information access vary depending on user roles.

The system is expected to bring GE “significant cost savings, while improving data accuracy, compliance and productivity,” said GE CIO Gary Reiner in a statement issued Wednesday. GE established a data repository of supplier information more than 10 years ago, but it wasn’t built for widespread access via the Web. The Aravo service will be used across GE, including GE Capital, NBC Universal, and numerous companies it runs in such areas as appliances, aviation, energy, and healthcare. (Full Article)


Zola Brazilian Superfruits Sweeps “Best of Show”

Thursday, October 30th, 2008

MARKETWIRE

Zola Wins BEVNET “Best of Show” at Natural Products EXPO East; Zola Wins “Best of Show” Top Honors at PMA Fresh Summit

SAN FRANCISCO, CA — (Marketwire) — 10/30/08 — Zola, producer and marketer of the world’s first Açaí juice, announced today that Zola’s Brazilian Superfruit Açaí Juices and new line of functional Brazilian Superfruit Smoothies were given top honors by BEVNET at the 24th annual Natural Products EXPO East in Boston, MA, taking home “Best in Show” out of more than 100 beverage exhibitors. The 2008 Expo East Show took place at the Boston Convention &Exhibition Center from October 15-18, showcasing over 2,100 food and beverage companies and their brands. The show’s high attendance underscores the continued strength of natural and organic products in the United States, up 9.8 percent in 2007 to more than $62 billion in sales (Natural Foods Merchandiser’s(TM) June 2008 Market Overview).

Zola also took home top honors in the annual “Best of Show” contest at last week’s PMA Fresh Summit in Orlando, FL, Oct. 24 – 27, 2008, winning first place in the in-line booth category. (Full Article)


GE’s SaaS launch validates Aravo, a salesforce.com for supply chain

Thursday, October 30th, 2008

Think for a minute about the third-party vendors who service your company – the folks who run the cafeteria, deliver office paper, clean the restrooms or provide security services, just to name a few. Now, think about a company the size of General Electric, an international conglomerate with more than 325,000 employees working on everything from the set of Saturday Night Live to a parts facility for GE Aviation.

Keeping track of the vendors that service GE – all 500,000 of them – is no easy task. Some offer bulk pricing while others are required to provide proof of licensing or special insurance. And with so many different divisions within a company like GE, who’s the say the Joe the Vendor isn’t providing one company under the GE umbrella with one price and another company under the same umbrella with a different price. That doesn’t sound very efficient, does it?

This week, General Electric announced the official launch of a Web-based Software-as-a-Service platform from Aravo Solutions, a San Francisco company that’s hoping to do for vendor management what salesforce.com did for customer relationship management. Since March, GE has been rolling out Aravo SIM (Supplier Information Management) as a way of increasing efficiency and reducing costs throughout the company. (Full Article)


Aravo Solutions Transforms Global Supplier Information Management at GE

Wednesday, October 29th, 2008

Aravo SIM(TM) Goes Live Globally With GE — 500,000 Suppliers, Six Languages, Ten Countries

Aravo Solutions, Inc., the leading provider of on-demand Supplier Information Management (SIM) software and services, today announced that GE has launched Aravo SIM(TM) to power and transform GE’s supplier information management processes across all of its business units worldwide.

Aravo SIM(TM) is a web-based, Software-as-a-Service (SaaS) platform that allows GE to automate and streamline supplier information-related business processes to increase efficiencies, improve supplier data quality, drive compliance, and reduce costs. Furthermore, Aravo SIM(TM) offers GE’s suppliers an easy-to-use, self-service interface to author and maintain information required to do business with GE at both the corporate and business-unit levels.

GE manages what is arguably one of the world’s most complex supply chains, conducting business with over 500,000 suppliers across thousands of entities in more than 100 countries. GE sought to control this complexity with a Web-based software solution that was highly configurable and easily adopted by users. The implementation began in March 2008 and is now live globally. The initial implementation phase supports GE’s corporate supplier management organization, and will be rolled out to all GE business units by year end. Additional phases are planned for 2009. (Full Article)


Clean tech seen as safe bet

Saturday, October 11th, 2008

Financial market turmoil, public support boost investment in sector

Buffeted by worldwide economic turmoil, some investors are pumping cash into renewable energy companies with ties to Nevada, saying the bipartisan political support being heaped on the industry all but makes it a safe harbor for investments.

Adding to its attraction: Inventive entrepreneurs are forsaking Internet-based businesses in favor of what they see as a more stable clean-technology industry.

Among the indicators that renewable energy investments are faring well:
• Reno-based wind spire company Mariah Power says it has raised enough money to launch a more powerful wind turbine, open a manufacturing plant in Michigan and pursue research and development of wind-powered parking lot lights, street lights and residential rooftop models. (Full Article)


Seasoned Photovoltaic Supply Chain Manager Joins Solaicx

Wednesday, October 1st, 2008

Reuters – Solaicx Press Release

Steven Concklin to Support Scale, Cost-Reductions for Solar Manufacturer

SANTA CLARA, Calif. and PORTLAND, Ore., Oct. 1 /PRNewswire/ — Solaicx, the only manufacturer of monocrystalline silicon ingots and wafers to use proprietary growers designed exclusively for solar applications, today announced that Steven Concklin has joined the company as supply chain director. As Solaicx continues to focus on scale in order to meet growing customer demands, Mr. Concklin will represent the company’s interests with key global vendor partners and streamline the company’s supply chain as it executes on its plan for mass production.

“Steven comes aboard as Solaicx continues to ship globally to fill customer orders, and his ability to establish and maintain synergistic relationships throughout the supply chain supports our company growth strategy well,” said Bob Ford, president and CEO of Solaicx. “His experience building world-class processes for component procurement while improving logistics will accelerate Solaicx’s production expansion.” (Full Article)