In the first post in this series yesterday, I examined some of the factors driving Zycus’ impressive growth numbers, drilling specifically into their recent traction with both legacy (e.g., spend classification) and new (e.g., spend analysis, sourcing and contract management) solutions. Today, we’ll continue this analysis, examining how professional services and a mini-me offshore version of their competitors’ onshore sourcing factory delivery capabilities are fueling an important part of Zycus’ overall market ascent. But before getting into professional services, specifically, it’s worth pointing out that Zycus has focused as much on global opportunities as those within North America as it has looked for markets and customers to contribute to their growth equation. In fact, Zycus’ presence in Europe and Asia is in strong disproportion to the typical focus and size of vendors going after these markets. But this has always been the case with Zycus, which has truly sold a world-product since the early days of its spend classification tool.
Beyond Spend Visibility — Zycus Takes a Broader Solution Path (Part 2)
Articles in this series
- Beyond Spend Visibility -- Zycus Takes a Broader Solution Path (Part 2)
- Beyond Spend Visibility -- Zycus Takes a Broader Solution Path (Part 1)
Jason Busch
Obsessed with how companies manage, spend and save money, Jason writes about procurement, trade and supply chain issues @ Spend Matters. He has significant first hand experience developing and marketing technology and services products, has advised numerous companies on sourcing and related techniques as well as M&A pursuits. In previous lives before tech, he was a management consultant and merchant banking analyst.
