PLEASANTON, Calif., Jan. 26, 2016 (GLOBE NEWSWIRE) -- Steelwedge, a provider of cloud-based planning solutions and services that inform better decision-making for global organizations, today announced that Gartner has positioned the company as a Visionary in the 2015 Magic Quadrant for Supply Chain Planning System of Record₁. In total, Gartner evaluated 21 Supply Chain Planning offerings in its Magic Quadrant research to help supply chain leaders when evaluating and selecting an SCP system of record based on “completeness of vision” and “ability to execute.”
“An SCP SOR is a platform that enables a company to create, visualize, manage, link, align, collaborate and share its planning data across a supply chain, from demand plan creation through to the supply-side response,” wrote Gartner Research Vice President Tim Payne.
“We believe our presence as a Visionary in the Gartner Magic Quadrant for Supply Chain Planning System of Record validates our focus on revolutionizing planning with the use of bid data and advanced analytics to prepare organizations to be ‘ready to act’ in constantly changing supply and market conditions,” said Steelwedge CEO Pervinder Johar. “Since this research was conducted, we have made additional, meaningful investments and improvements to both our technology platform and customer success program. We look forward to continuing to set the bar for innovation with our customers and partners in supply chain planning.”
Steelwedge’s PlanStreaming™ platform is the first to use high-performance consumer-grade technology found in platforms such as Facebook, Google and Amazon. This enables customers to quickly capture and analyze big data at a granular level for tighter forecast accuracy, deeper analytic insights and improved operational performance. It also speeds collaboration and recalibration of plans as new insights are gained.
Earlier this month, Steelwedge announced that telecommunications leader Radisys® Corporation selected PlanStreaming to accelerate decisions through fast, continuous planning across all time horizons and levels of complexity.
“The telecommunications space moves very, very fast, and in competitive situations you have to be the first to respond,” said Lisa Aleman, senior director, Embedded Products Global Operations for Radisys Corporation. ““PlanStreaming will help us cover the whole gamut of supply chain, not just from the time that we forecast but all the way through the chain—from how we put the supply and demand elements together, to how we rack and stack the prioritization scheme, to how we deliver value to our customers.”
₁Gartner, Magic Quadrant for Supply Chain Planning System of Record, Tim Payne, Amber Salley, 19 January 2016.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Steelwedge
Organizations use Steelwedge’s cloud planning platform and services to align product, sales, demand, supply, strategy, operations and financial decisions across roles, geographies, products, time horizons, channels, customers and suppliers to improve efficiency and outcomes. The company’s action-ready planning platform combines predictive, prescriptive and responsive analytics and technology to equip organizations to be ready to act in time with opportunity, especially in highly competitive markets where continuous planning is essential and efficiently responding to changing conditions is advantageous. Named a leader in the Gartner 2015 Sales and Operations Planning Magic Quadrant, and a visionary in the 2015 Magic Quadrant for Supply Chain Planning System of Record, Steelwedge is headquartered in Steelwedge is headquartered in Pleasanton, California. Visit www.steelwedge.com.