BravoSolution Positioned as a “Leader” in Industry Analyst Firm’s Magic Quadrant for Sourcing Suites

BravoSolution today announced that industry analyst Gartner, Inc. had placed them in the Leaders Quadrant of Gartner’s Magic Quadrant for Strategic Sourcing Suites for 2010. The Gartner Magic Quadrant rates vendors based on two key dimensions — ability to execute and completeness of vision.

“We are honored to have been recognized as a leader by Gartner in the Sourcing Suites Magic Quadrant,” said BravoSolution CEO Nader Sabbaghian. “Our commitment to product innovation and tailored sourcing solutions help drive significant cost savings and efficiencies for our customers. Gartner’s Magic Quadrant process relies in part on customer input and therefore we are particularly honored by this resounding vote of confidence from our clients.”

BravoSolution has successfully advanced the success of its clients’ supply management organizations with comprehensive solutions to better manage their spend. BravoSolution’s unrivalled combination of experienced people, proven processes and robust technology result in a sourcing solution with the best combination of “ability to execute” and “completeness of vision”.

Each year, 30,000 procurement professionals rely on BravoSolution technology to manage in excess of $500 Billion in annual spending within their global supply chains. More than 400 client organizations worldwide rely on BravoSolution tools and services for eSourcing, vendor registration, contract management, spend analysis and strategic vendor performance management activities.

BravoSolution is proud to offer the 2010 Sourcing Suites Magic Quadrants free to our prospective and current customers at .

About the Magic Quadrant

The Magic Quadrant is copyrighted by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About BravoSolution –

BravoSolution supports procurement professionals with tools and services to identify sourcing opportunities, prioritize initiatives, execute projects with tailored solutions, and realize the benefits of their initiatives. Our priority is to work with our customers to provide them with the technology, people and services to meet the complex challenges in building lean strategic sourcing organizations that rely on fewer budget dollars and resources, expand the amount of overall spend under management to balance cost with quality to improve their business’s profitability.

Founded in June 2000, BravoSolution helps its global roster of blue-chip clients to reduce costs and manage supplier relationships. BravoSolution has a team of more than 450 professionals serving over 400 clients in 20 countries and its sourcing software is currently used by over 30,000 procurement professionals worldwide.