Posts Tagged ‘Contract’

New Data for Contract Management Software Procurement Category Market Research Report from IBISWorld

New Data for Contract Management Software Procurement Category Market Research Report from IBISWorld

Los Angeles, CA (PRWEB) March 07, 2015

Contract management software has a buyer power score of 4.2 out of 5. This score indicates that buyers are in a favorable position to negotiate price discounts or package deals from providers. Prices for contract management software have been stable during the past three years, and they are anticipated to remain stable in the three years to 2017. “Due to growing business activity and an increasing utilization of software for business processes, demand for contract management software has grown steadily,” according to IBISWorld business research analyst Dale Schmidt. Despite higher demand, competition and the rising prevalence of cloud computing technology in the market have moderated price increases. Competition has increased as more providers have entered the market, putting pressure on providers to lower prices. California is home to Silicon Valley, a highly concentrated area of technology companies and many of the top computer science universities in the world. As a result, many contract management software providers, such as SAP, IBM and Sciquest, have their headquarters in California. The use of cloud computing technology, meanwhile, has lowered the cost of delivery, and suppliers have passed on these cost savings to buyers in the form of lower prices.

Buyers also benefit from low market risk. Contract management software providers are not dependent on any critical inputs that may interrupt the supply chain or create significant price fluctuations. As a result, buyers can expect reliable and steady access to contract management software to manage their contracts. Also, most providers have seen healthy revenue growth in the past three years, although buyers should be aware that smaller providers might not be as financially stable as larger and more established software publishers.

Buyers also benefit from the high availability of substitutes. “Buyers can use document management software or manual, paper-based systems to manage their contracts instead of this market’s software. In addition, buyers can seek price discounts by comparing prices for these substitutes with the price of contract management software. Furthermore, market share concentration and product specialization are low, which benefits buyers because it indicates that there are a large number of providers that can provide contract management software,” Schmidt says. That said, switching costs are medium, creating some risk that buyers may be locked in with their provider. As such, buyers should take their time to evaluate and select the right supplier. For more information, visit IBISWorld’s Contract Management Software procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of contract management software. This software is used to author, store, organize and analyze a buyer’s various contracts to help them structure better deals, remove revenue recognition delays, consolidate contract value, avoid contract penalties and more. This report excludes procurement software and other sourcing software. Contract management software may also be referred to as contract life cycle management software.

Executive Summary

Pricing Environment

Price Fundamentals

Benchmark Price

Pricing Model

Price Drivers

Recent Price Trend

Price Forecast

Product Characteristics

Product Life Cycle

Total Cost of Ownership

Product Specialization

Substitute Goods


Quality Control

Supply Chain & Vendors

Supply Chain Dynamics

Supply Chain Risk


Competitive Environment

Market Share Concentration

Market Profitability

Switching Costs

Purchasing Process

Buying Basics

Buying Lead Time

Selection Process

Key RFP Elements

Negotiation Questions

Buyer Power Factors

Key Statistics

About IBISWorld Inc.

IBISWorld is one of the world’s leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

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Acer Canada Secures Five-Year Contract with Wolf Creek Public Schools

Acer Canada Secures Five-Year Contract with Wolf Creek Public Schools

A student with Wolf Creek Public Schools uses one of 5,000 Acer Chromebooks being deployed for K-12 education.

Mississauga, ONTARIO (PRWEB) June 05, 2014

Acer Canada today announced that it has been selected by Wolf Creek Public Schools to provide the district with a range of computer systems for students, faculty and staff in a contract that spans the next five-years. The agreement calls for Acer Canada to provide the district with Chromebooks, notebooks, desktop PCs and displays.

The school district will begin to deploy Acer systems this summer for the 2014-2015 school year. The initial roll-out will include up to 5,000 of Acer’s award-winning C720 Chromebook for use by students in 1:1 programs and in computer labs. The Chromebooks will be used by K-12 students at elementary, middle and high schools as well as in district learning centers.

Currently, Wolf Creek Public Schools allow students to bring in devices to support their learning. The school district plans to implement a purchase program whereby parents can purchase Acer C720 Chromebooks for their child through the district by making regular payments.

Over the next five years, Acer will also provide the district with TravelMate Pro notebook PCs, Veriton L4630 desktop PCs and B-Series monitors for use in classrooms, speciality learning labs, as well as by administration and staff.

Wolf Creek is a recognized technology and educational leader in Alberta school divisions in the area of purposeful technology integration within teaching and learning and often advises other school boards in Alberta and other provinces on the latest technology deployments.

“Our partnership with manufacturers, vendors and resellers is important to us, as we’re viewed as a leader in implementing technology that enhances the education of our K-12 students,” said Mark McWhinnie, Assistant Superintendent (Technology Services) for Wolf Creek Public Schools. “As a result, we’re often asked for advice around educational technologies from our colleagues throughout Canada. We chose Acer for both its experience with the latest technology and wide range of flexible service and support structures. We’re confident that working with Acer, we’ll be able to provide solid technology solutions for our students, administration and staff to further advance our vision of ‘Creating Success for All Learners’ in Wolf Creek Public Schools.”

An important component of Wolf Creek Public Schools’ selection of Acer was the company’s wide range of flexible service offerings. Acer’s extensive services and warranty options are offered at an excellent value to protect the investment the school is making. Acer is also able to provide product support to Wolf Creek Public Schools via its depot services, on-site at schools or through local dealers.

“We are honored to work with Wolf Creek Public Schools as they use Acer technology products to make a significant impact on the education of their students,” said John Way, Sales Manager, Western Canada, Acer Canada. “Acer Chromebooks have been incredibly well received by schools that need a cost-effective, easy-to-manage way to introduce technology to their students. In addition, the rest of the line including our TravelMate Pro notebooks and Veriton desktop PCs will keep students in labs, as well as district’s faculty and staff, access to the latest in Windows-based computers for work and studies.”

Like all of Acer’s education and business customers, Wolf Creek Public Schools are eligible for Acer’s Premier Service and Support from the company’s North America-based service operation. The district will receive dedicated Acer Premier Service and Support via their own direct phone number into the Acer level 2 support call center, which automatically places them at the head of the call queue. The Acer Educare Warranty Programs further protects the investment of Acer computers and displays with solutions such as battery replacement, paid two-way shipping, and accidental damage protection.

Acer is the No. 1 vendor in Canada for notebooks and the country’s No. 3 overall PC provider.(1) More information about Acer and its products in Canada can be found at

About Wolf Creek

Wolf Creek Public Schools serves 7200 students and has over 800 staff members working together in Central Alberta to meet the needs of a diverse learning population of urban and rural families. All of Wolf Creek’s work is centered around a purposeful district vision that guides a focus on improving student learning while utilizing contemporary digital tools of literacy.

About Acer

Established in 1976, Acer is a hardware + software + services company dedicated to the research, design, marketing, sale and support of innovative products that enhance people’s lives. Acer’s product offering includes PCs, displays, projectors, servers, tablets and smartphones — tools our customers need to explore beyond limits and experience more. Acer employs 7,400 people and ranks No. 4 for total PCs globally (IDC 2013). Revenues for 2013 reached US$ 12.02 billion. Please visit for more information.

© 2014 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners.

All brands and product names mentioned herein include trademarks of their respective companies and are used solely to describe or identify the products.

1.)    IDC 2013

Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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