Ivalua, Consus Selected by Pacific Drilling to Drive Sourcing Best Practices Globally

Consus Global, a leading procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling, a deep water drilling company based in Houston, has selected Consus' services in conjunction with Ivalua's Sourcing platform to achieve cost savings and drive transparency across their sourcing operations. Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks.

Pacific Drilling, an offshore drilling company, provides global deep water drilling services to the oil and natural gas industry through the use of high-specification drillships. The company has corporate offices in Houston, Texas, with offices in Brazil, Luxembourg and Nigeria. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company's purchasing processes.

Pacific Drilling has the most technologically advanced fleet of drillships in the industry. The company's vessels are state-of-the-art, high-specification drillships, which benefit from a proven design and highly developed construction techniques. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical purchasing processes. Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks.

"As the only pure-play high-specification deepwater driller, we are committed to being recognized as the industry's preferred deepwater drilling contractor. Supply chain efficiency and effective strategic sourcing in support of our operations and clients are critical to achieving our objective," said Mike Curtis, Vice President and Chief Procurement Officer at Pacific Drilling.

"Ivalua's best-of-breed sourcing solution will empower us with the technology to drive sourcing best practices. And engaging Consus' deep expertise in implementing and executing sourcing programs will ensure that we will realize the expected ROI."

"The US is a strategic market for us, and with over 100 customers globally, we see Consus' and Ivalua's presence continuing to expand," said Saurabh Mehta, Vice President & GM, Americas of Consus Global. "Pacific Drilling presents a unique opportunity to expand in the Americas given their industry and vision, and we plan to deploy a best-in-class program to transform their sourcing processes. We look forward to contributing to their procurement cost optimization initiative"

"Effectively managing costs and supply chain risk is critical to success," said Dan Amzallag, CEO of Ivalua Inc. "Ivalua is proud to provide the technology to empower procurement leaders at Pacific Drilling and hundreds of other global companies to deliver ever greater value to their organizations."

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