Independent Research Firm Places Adaco Among Fastest-Growing Specialized Vertical ePurchasing Vendors

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Adaco, the industry leader in hospitality procurement, management and optimization, is the only ePurchasing vendor cited from the hospitality industry cited in a recent Forrester Research, Inc. report, "Market Overview: ePurchasing and Contract Life-Cycle Management In 2011 To 2012."

Furthermore, Adaco is well positioned to see continued, sustainable growth in the future as more hospitality operations seek to gain greater control of their inventory and purchasing practices, according to the company's president.

"We expect to out-perform the overall market in 2012," said Adaco President Sunil Ippagunta. "We are highly focused not only on the hospitality industry but on serving our customers passionately. That is why we are the global leader in purchasing and operation control for the hospitality industry, including Marriott, Starwood, Loews, Fairmont, Ritz Carlton and Jumeirah."

Forrester pinpoints four forces affecting the ePurchasing landscape: cloud, vertical focus, "smart computing" and increased value of networks driven by the exchange of work objects like POs and invoices.


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