Home / / Report: Tejari one of top ten e-sourcing vendors in the world

Report: Tejari one of top ten e-sourcing vendors in the world

Forrester report estimates e-sourcing market is expected to pass $1 billion in 2009

Tejari, the online trading company formed by Dubai World, has ranked 8th in a research report that identifies the top e-sourcing vendors in the world.

The Forrester report also estimates that the global market for e-sourcing products will pass $1 billion this year.

“Our electronic sourcing platform has helped companies in the region save up to 12% of their annual spend; this function is key to Tejari’s success over the past few years," said Omar Hijazi, CEO of Tejari.

"Seeing an Arab technology firm ranked globally is powerful achievement and we look forward to further expanding our business alongside the growth of the industry in the years to come,” added Hijazi.

Last year, Tejari achieved a 31% increase globally in the number of companies that joined its marketplace, with 200,000 businesses presently registered as members.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.