Switching to software as a service saved SciQuest

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RESEARCH TRIANGLE PARK, NC -Moving SciQuest from a public company offering an online business-to-business exchange to a private one offering software as a service saved the company, says CEO Stephen Wiehe. The company was named the "Best Business Turnaround" in the 2008 American Business Awards - the Stevie Awards.

SciQuest was recognized for the company's strong financial performance and an inspiring success story that started in 2002. Once an online marketplace selling lab equipment and supplies, SciQuest was reinvented that year to become a leading provider of on-demand eprocurement solutions.  Read more...