SaaS Metrics, Shmetrics

About two years ago, I blogged about a company called EBIX, an insurance Industry Cloud provider whose financial numbers were unbelievable, yet whose market valuation was still reasonable, in part, because many observers figured the numbers were literally too good to...

De-Xign?

Spend Matters, a sourcing and procurement website, is reporting that JPMorganChase is going to shut down its Order-to-Pay (nee Xign) business unit and that clients will need to find another solution at a future date (seems like 2015).  It is an slightly unusual, and...

Accenture to Buy Procurian

Just a quick note that Accenture has announced that it will buy the Procurian unit of ICG Group (ICGE).  Procurian was formerly known as ICG Commerce and had built a nice business in procurement outsourcing.  Because ICGE is public and Procurian is separately reported...

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