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Steelwedge Delivers Planning Agility to the World's Manufacturers; Leads Global Growth in S&OP Market
PLEASANTON, CA, Jan 16, 2013 (MARKETWIRE via COMTEX) --
In 2012, unpredictable financial, political and environmental events
continued to crack the supply chain foundations of global
manufacturers. That supply chain fragility has become a matter of
global concern -- and was even addressed in a directive by US
President Barack Obama.
According to industry IT advisory firm, Gartner, Sales & Operations
Planning is the most sought after approach by global manufacturers to
help address supply chain fragility. Steelwedge leads in the global
cloud-based S&OP solutions market -- the fastest-growing part of the
billion dollar market. In fact, in 2012, Steelwedge grew at nearly
twice the rate of the overall market as leading manufacturers chose
its integrated business planning platform to unite demand, supply and
financial data into a single view of their businesses. This view, in
turn, enables manufacturers to more nimbly make better-informed
decisions about crucial supply/demand tradeoffs in the face of
change.
In 2013, a number of factors will continue to power company and
market growth, including:
-- The addition of customers across agro science, consumer technology,
automotive, retail, consumer packaged goods and industrial
manufacturing sectors including; Jaguar Land Rover, Lenovo, MetroPCS,
Monsanto, PZ Cussons and Syngenta; coupled with an extremely high
renewal rate across the Steelwedge existing customer base
-- Global expansion in established US, India and UK locations; and
establishment of new offices in Japan and the Netherlands
-- Organizational growth with the addition of Supply Chain industry
veterans from Oracle, JDA, Infor, I2 and Manugistics to the company's
seasoned management team including: Michelle Jones, VP of Industry
Alliances; Jeri Donn, VP of Cloud Services; Elliot Zimmerman, VP of
Global Services and Kenichi Tsumura, President of Steelwedge North
Asia
-- Advanced technology innovation and leadership as recognized in the
Gartner 2012 S&OP Marketscope.
"The world's leading manufacturers are recognizing that increasingly
complex, interdependent supply chains -- and the plans built to
manage them -- will only survive with better agility and resilience
built into them," said Glen Margolis, CEO of Steelwedge. "This
agility comes from a potent combination of company-wide insight and
speed to put that insight into action. We are exhilarated by the
innovative ways our customers are using our cloud-based solutions to
out-manoeuvre market volatility and drive growth."
About Steelwedge
Founded in 2000, Steelwedge Software is the leading
Integrated Business Planning solution provider. Steelwedge's
cloud-based Sales & Operations Planning (S&OP) software solutions
connect people, process and technology to power a single view of a
company's business. In a volatile global business environment, that
single line of sight powers reliable "what if" scenario modelling
that pinpoints the financial impact of supply-demand trade-off
decisions. Some of the world's largest discrete and process
manufacturing companies including Jaguar Land Rover, Sony, Lenovo,
MetroPCS and Emerson trust Steelwedge to help them mitigate risk and
rapidly adapt to global economic, political and environmental change
through best-in-class S&OP. Visit www.steelwedge.com.
Copyright 2013 Steelwedge and all Steelwedge product names are
trademarks or registered trademarks of Steelwedge Software, Inc. All
other company and product names are trademarks of their respective
holders.
Embedded Video Available: http://www2.marketwire.com/mw/frame_mw attachid=2203034
Media Contact:
Didi D'Errico
dderrico@steelwedge.com
SOURCE: Steelwedge Software, Inc.
mailto:dderrico@steelwedge.com
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