IBX Group

Infobox Company
company_name = IBX Group AB
company_type = Privately held company
foundation = 2000
location = Flagicon|Sweden Stockholm, Sweden
key_people = Leif Bohlin
revenue = 33,6 Million Euro (2007)
num_employees= 232 (27 May 2008)
homepage = http://www.ibxeurope.com/

IBX (official name: IBX Group AB) is a Swedish company that was established in 2000 through an initiative from Ericsson and SEB. IBX is controlled by Investor AB, a Swedish investment company owned by the Wallenberg family.

IBX supports large and medium sized organisations in transforming their sourcing, procurement and payment functions.

Among the customers of IBX are companies from all sectors such as Ericsson, SEB, Volvo Group, Deutsche Post World Net, Skanska, Novo Nordisk, or Lufthansa.

History

IBX was established in October 2000 through an initiative from Ericsson, SEB, b-business partners and the founders. The founders are Hans Ahlinder, Björn Böhme, Christer Hallqvist and Peter Lageson. The initial period was used to set up an application environment and to implement the two first customers: Ericsson and SEB. As a part of this, IBX signed agreements with SAP and "Commerce One" in November 2000.

Since 2001 IBX is continuously growing and present in other North European countries: Denmark, Norway (2001) and Finland (2002). IBX takes another step on the European market, when the company signs a five-year agreement with Deutsche Post World Net. In March 2005, IBX acquires the German e-commerce company "trimondo GmbH". The acquisition establishes IBX in Europe. In August 2006 IBX acquires German "Portum AG", a supplier of web-based solutions for strategic purchasing (E-sourcing).

Currently

IBX has 232 employees in various European offices and has operations in more than 80 different countries. IBX has seven offices across Europe; Stockholm (head quarters), Copenhagen, Helsinki, Frankfurt, Paris, Oslo and Oxford.

IBX publish the bi-annual purchasing professional journal "Efficient Purchasing". Founded in 2005, the magazine released its fifth issue in the fall of 2007. Swedish business journalist Johan Beer is editor in chief.

In May 2008 IBX published the book [http://www.ibxeurope.com/?id=3778 Purchasing Transformation] . The book provides new perspectives on how a purchasing function must adopt to a changing world.

Solutions and Services

IBX provides scalable on-demand solutions for sourcing and procurement paired with purchasing know how and managed services.

The scalable on-demand delivery model of IBX software for sourcing and procurement accelerates deployment and puts the emphasis on the users and the usage instead of technology issues. The benefits of an on-demand delivery model include lower upfront costs, lower total cost of ownership or a fast return on investment.

Finance

Management

Management Team

Leif Bohlin, CEO
Torbjörn Enström, CFO
Ulrika Svensson, Vice President Human Resources
Peter Lageson, Senior Vice President Marketing
Thomas Neubauer, Senior Vice President Sales Europe
Pontus Björnsson, Senior Vice President Sales Nordic
Gustav Hasselskog, Senior Vice President Consulting
Nicklas Brändström, Senior Vice President Application and Operation Management

Board of Directors

Tuve Johannesson, Chairman, Chairman of the Board for Hans Rausing family foundation & Findus AB, Member of the Board of Directors for SEB, Swedish Match and Cardo
Per Jomer, Vice President Group Strategy, Telefonaktiebolaget LM Ericsson
Lennart Johansson, Investor AB
Frederick Johansson, SEB Venture Capital
Torbjörn Enström - Board Secretary, CFO, IBX Group AB

Further information

*Software as a Service
*Procurement
*Strategic sourcing
*Supply Chain Management

Links

* [http://www.ibxeurope.com/ Official Website]
* [http://www.efficientpurchasing.com/ Efficient Purchasing Magazine]
* [http://www.ibxeurope.com/?id=2092&cid=3620 Purchasing Transformation Blog]
* [http://www.forrester.com/Research/Document/Excerpt/0,7211,42029,00.html The Forrester Wave Vendor Summary, Q2 2007]
* [http://www.massin.nl/eSourcing/2007/12/19/ibx-is-riding-high-question-mark-for-cc-hubwoo/ IBX is riding high]
* [http://www.massin.nl/eSourcing/2007/06/19/cc-hubwoo-versus-ibx/ cc-hubwoo versus IBX]

References