Microsoft Rolls Out Buying Center to Support Rapidly Growing Business in India
ICG Commerce extends U.S.- proven outsourcing capabilities to support Indian operations
PHILADELPHIA - Tuesday, December 12, 2006 - ICG Commerce, a leading procurement services
provider, today announced that it has extended its Buying Center services for Microsoft entities in India.
ICG Commerce’s Hyderabad Buying Center is an extension of the company’s North American buying
center operations for Microsoft and supports the software leader’s growing research and development
operations.
ICG Commerce has provided Buying Center services to support IT hardware purchases for Microsoft’s North
American operations since 2004, helping the company recognize cost savings and gain greater control of
their spend. The Hyderabad Buying Center broadens ICG Commerce’s relationship with Microsoft, assisting
the company to streamline procurement processes for its Indian operations. India is a central location for
Microsoft’s rapidly growing development services and IT hardware spend is an area of strategic focus in the
company’s ongoing efforts to standardize the procurement process and optimize costs.
“As our operations in India continue to expand, it is imperative to put standard procurement processes
in place across all of our development labs and business entities”, said Vikas Lashkari, Microsoft India’s
Procurement Head. “After seeing firsthand how the buying center has helped Microsoft in North America
increase visibility and control over their hardware spend, we know that ICG Commerce has the right level
of experience and company and industry knowledge to help us successfully adopt the model in India.”
Buying Center services based out of ICG Commerce’s Hyderabad delivery center will provide Microsoft with
leading transaction procurement processes to help end users quickly and effectively procure the goods
and services they need to maintain and grow their businesses. Buying Center services include
purchase-to-pay transactionalsupport, competitive bidding, reporting and ongoing spend analysis.
“Microsoft understands the importance of providing services to their internal employees that let them do
their jobs more efficiently and effectively,” said Carl Guarino, Chief Executive Officer, ICG Commerce.
“We look forward to continuing to support them by providing a high level of customer service along with
increased control and continued savings to help their procurement team maximize the value of their external
spend.”
About ICG Commerce
ICG Commerce (www.icgcommerce.com) is a leading Procurement Services Provider exclusively
focused on helping companies achieve greater control over external expenditures. The company
offers procurement outsourcing solutions to support sourcing and, transactional buying,
category management and information management in order to enable customers to expand the
breadth of spend they manage, enhance sourcing effectiveness, improve compliance levels and
drive continual improvements. By working with dozens of leading procurement organizations, ICG
Commerce brings execution-based and continuously growing compound experience to every
customer. ICG Commerce Inc., a privately held company founded in 1992, is a member of
Internet Capital Group's (Nasdaq: ICGE) network of partner companies. The company has been
recognized with numerous industry awards including IAOP and Fortune Magazine’s Global
Outsourcing 100, Forbes “Best of” (for Outsourcing and Procurement) and has had multiple
executives recognized in Supply & Demand Chain Executive magazine's annual "Pros to Know"
listing.
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