January 18, 2018

RESEARCH TRIANGLE PARK, N.C. – January 18, 2018 – JAGGAER, the world’s largest 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.