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SAPMarkets and PricewaterhouseCoopers strike an exchange deal

One year after Palo Alto, Calif.-based SAPMarkets Inc. and Commerce One formed a marketplace partnership, private and public exchanges are getting an extra consulting boost.

SAPMarkets, the exchange company and a wholly-owned subsidiary of SAP AG, and New York-based professional services firm PricewaterhouseCoopers (PwC) have joined forces to provide private and public exchange software and services in the U.S., Europe and Asia-Pacific.

Online marketplaces are sites where a company purchasing agent can shop for supplies from vendors, request proposals, and, in some cases, bid to make a purchase at a desired price.

Under the newly formed deal, PwCoopers and SAPMarkets will tap SAP's existing MarketSet software. Currently, the companies are developing a demonstration platform based on MarketSet, which will help clients integrate their varied systems. With the ability to connect SAP and non-SAP systems, clients can link their back-office data to private and public exchanges.

The software and services will be provided to clients to aid in design, sourcing, procurement, planning, selling and analytics, according to the companies.

SAPMarkets allied with PwC to provide a way to integrate different software environments and provide collaborative software for companies and their partners, an SAPMarkets executive said in a news release.

The agreement brings PwC into the SAPMarkets Partner Program and designates it a Most Valuable Partner. The program also gives SAPMarkets' partners training and support to work with SAPMarkets' software.

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