[August 23, 2016] |
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Logility Acquires AdapChain
Logility (News - Alert), Inc., a leading provider of collaborative supply chain
optimization and advanced retail planning solutions, today announced it
has acquired privately-held AdapChain, a US-based developer of advanced
integration solutions.
AdapChain's award-winning technology speeds and simplifies the complex
integration of supply chain with enterprise resource planning (ERP)
solutions through a proven template-based approach. AdapChain's AdapLink
(now Logility Voyager AdapLink™) enables companies to enhance their
supply chain capabilities by quickly integrating the rich transaction
and master data from their enterprise systems with Logility Voyager
Solutions™. Today's announcement builds on years of collaboration
between AdapChain and Logility to develop an industry-leading
application with proven ERP templates that redefine and simplify supply
chain integrations for companies around the world.
As today's fast-paced business environment grows increasingly more
complex, companies find their ERP and related enterprise business
solutions do not offer the rich breadth and depth of capability provided
by Logility's advanced planning and optimization solutions. The
continued adoption of more mature business processes such as Sales and
Operations Planning (S&OP) and Integrated Business Planning (IBP), and
the ability to leverage the Internet-of-Things (IoT) further drives the
need to connect multiple enterprise systems across the organization.
Voyager AdapLink simplifies the process of connecting these systems,
including those from Infor, JDA, Microsoft, Oracle, and SAP (News - Alert), with
Logility's advanced, best-of-breed supply chain and retail optimization
solutions to drive additional insight and visibility. By simplifying the
integration and upgrade process, companies are able to realize lower
total cost of ownership and increase the rate of system adoption within
the organization.
"For more than 18 years, we have helped develop an innovative solution
that turns the complexity of enterprise-wide application integration
into a quick, simple and repeatable process," said Svenne Juul,
president, AdapChain. "I am excited to join the Logility team as we work
together to accelerate the deployment of our solutions and develop new
capabilities that will further help companies reduce the time and cost
of enterprise-wide integrations."
"Acquiring AdapChain extends Logility's ability to deploy innovative
supply chain and retail optimization solutions more quickly and at a
lower total cost of ownership than our industry peers," said Allan Dow,
president, Logility. "Many Loglity customers around the world have
already realized significant benefits through the use of Voyager
AdapLink. And, we have identified additional investment areas to deliver
new efficiencies and harness the exponential growth of data that will
drive tomorrow's hyper-responsive supply chains."
Highlights of Voyager AdapLink:
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Application-based integration delivers a comprehensive framework for
continued innovation while providing advanced capabilities for error
checking, data validation and transformations. Voyager AdapLink
provides a quick, simple and repeatable process for supply chain to
enterprise system integration.
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Pre-built integration templates support a wide range of supply chain
and ERP configurations. Separating the integration component from the
underlying ERP and SCM technologies eliminates the need to specify,
develop, test, and debug new components. This approach reduces risk,
increases integration quality and shortens the payback period during
the initial implementation and future for upgrades.
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Data from multiple enterprise systems and beyond the four walls
including IoT and social signals can be tightly integrated to support
the needs of advanced planning processes including S&OP and long-range
IBP.
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Net change management and distributed processing synchronizes
extremely high SKU volumes in less time by only exchanging data that
has changed since the last update. This ensures scalability and speed.
By reducing the load and return time, more time is available for
high-value scenario analysis and business optimization of the supply
chain.
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Established business rules proactively identify incorrect or
incompatible data, populate these data elements and direct action thru
a corrective workflow. This process streamlines rollout and
significantly reduces the need for costly manual intervention.
The financial terms of the acquisition have not been disclosed.
About Logility
With more than 1,250 customers worldwide, Logility is a leading provider
of collaborative supply chain optimization and advanced retail planning
solutions that help small, medium, large, and Fortune 500 companies
realize substantial bottom-line results in record time. Logility Voyager
Solutions is a complete supply chain management and retail optimization
solution that features a performance monitoring architecture and
provides supply chain visibility; demand, inventory and replenishment
planning; Sales and Operations Planning (S&OP); Integrated Business
Planning (IBP); supply and inventory optimization; manufacturing
planning and scheduling; retail merchandise planning and allocation; and
transportation planning and management. Logility customers include
Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker
Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly
owned subsidiary of American Software (News - Alert), Inc. (NASDAQ: AMSWA). For more
information about Logility, call 800-762-5207 USA or visit http://www.logility.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
subject to substantial risks and uncertainties. There are a number of
factors that could cause actual results to differ materially from those
anticipated by statements made herein. These factors include, but are
not limited to, continuing U.S. and global economic uncertainty, the
timing and degree of business recovery, unpredictability and the
irregular pattern of future revenues, dependence on particular market
segments or customers, competitive pressures, delays, product liability
and warranty claims and other risks associated with new product
development, undetected software errors, market acceptance of Logility's
products, technological complexity, the challenges and risks associated
with integration of acquired product lines, companies and services, as
well as a number of other risk factors that could affect the Company's
future performance. For further information about risks the Company and
American Software could experience as well as other information, please
refer to American Software, Inc's. current Form 10-K and other reports
and documents subsequently filed with the Securities and Exchange
Commission. For more information, contact: Vincent C.
Klinges, Chief Financial Officer, American Software, Inc., (404)
264-5477 or fax: (404) 237-8868.
Logility is a registered trademark and Logility Voyager Solutions is
a trademark of Logility, Inc. Other products mentioned in this document
are registered, trademarked or service marked by their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160823006164/en/
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