RESEARCH TRIANGLE PARK, N.C., Jan. 17, 2018 (GLOBE NEWSWIRE) -- JAGGAER, the world’s independent spend management company, finished 2017 with the strongest financial and business position in the company’s 22-year history, besting 2016. JAGGAER wrapped the year with its highest revenues ever and over 150 new customers. JAGGAER also remained the leader in higher education while expanding extensively into new commercial market sectors, and conducted two significant acquisitions, catapulting the company into the industry’s number one spot on a global level.

JAGGAER gained significant new customers from across the manufacturing, retail, CPG, healthcare, life sciences, distribution, and public sector industries, including: Chainalytics, Briggs & Stratton, Heraeus, GMH Group, and the Tri-County Metropolitan Transportation District of Oregon. As the number one choice in higher education, JAGGAER solutions are being used by over 600 major colleges and universities worldwide. Many new schools and school systems customers selected JAGGAER, including the Virginia Commonwealth University, Houston Community College, Atlanta University Center Consortium, McMaster University, and Houston KIPP Public Schools.

“2017 was a year of strategic innovation for JAGGAER, and set us up to develop the spend management industry’s most powerful suite, comprised of the best solutions currently available in the world.  We expanded our global network and partner base and demonstrated our commitment of listening to customers and pundits to bring the best industry focused solutions to the market,” says Robert Bonavito, CEO of JAGGAER.

About JAGGAER: Global Indirect and Direct Spend Management Solutions  

JAGGAER is the world’s largest independent spend management company, with over 1,850 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com

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