India second-largest tech spending market
PAAS, the Global Leader in Technology Spend Analytics from the United States, is expanding into the Indian market as well as markets in Europe, the Middle East-Africa and South East Asia with a partnership with Luxury Connect of New Delhi.
“After seeing the PAAS360 platform, a great sense of relief prevailed upon me. During the pandemic, most organizations have cut costs by shutting down non-performing assets and or reducing team sizes,” Abhay Gupta, Founder & CEO of Luxury Connect LLP, said on 1 Oct 2020.
“They seem to be at a loss for any further cost reduction possibilities. However, savings offered by PAAS in the technology space are unquestionably brilliant and as yet untapped.
“I see a great future in this direction and am happy to partner with PAAS in spreading this across various countries,” said Gupta.
“We are thrilled to finalize the partnership with Abhay Gupta and the Luxury Connect team,” added Eric Cunningham, Founder of PAAS.
Behind North America, India is the 2nd largest technology spending market and this partnership strategically expands the PAAS brand into the India and EU market.
The PAAS360 platform now has over 1000m+ technology data points and 5100 unique technology suppliers to optimize the best pricing for clients of all sizes, industries, and locations. Luxury Connect and its partner ecosystem will focus on the expansion of the PAAS “Savings Desk” platform.
Luxury Connect LLP is a strategy consulting organization that focuses on servicing the entire value chain ranging from advisory, compliance and operations. Its key differentiating factor is its focus on talent development via its unique proposition of LCBS, India’s first and only Luxury Business School.
PAAS is a spend analytics technology firm, specializing in technology spend, headquartered in the US, partnering with clients across the globe.
It serves companies from small to large utilizing analytics that incorporate important benchmarked data to accelerate the procurement lifecycle saving companies 15-30% of their technology spend.
The PAAS platform is utilized by some of the largest Life Science, Retailers, Manufacturers and Financial Services companies across the globe. The company’s experience, data, technology, and relationships provide insights to help with guiding our customers to achieve the best commercial terms and pricing. #technologies #analytics #data /fiinews.com
