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Quintiq positioned in 'Magic Quadrant Report'
Analyst Firm positions Quintiq for supply chain planning in process manufacturing industries Magic Quadrant Report for completeness of vision and ability to execute their services.
Quintiq ositioned in 'Magic Quadrant Report' Analyst Firm positions Quintiq for supply chain planning in process manufacturing industries Magic Quadrant Report for completeness of vision and ability to execute their services.
Quintiq announced today that Gartner, the world's leading provider of research and analysis about the global information technology industry, has positioned Quintiq in the magic quadrant in its March, 2006 report titled, 'Magic Quadrant for Supply Chain Planning in Process Manufacturing Industries, 1H06'.
The Magic Quadrant evaluates vendors on their completeness of vision and ability to execute and includes criteria such as vendor and product capabilities, breadth and depth and customer feedback.
According to Gartner, a supply chain planning (SCP) suite is a multi-product SCP software application that includes supply chain collaboration, supply chain network design, capacity and material planning, demand planning, manufacturing planning and scheduling, distribution and deployment planning and transportation planning.
Gartner also stated: "Within process manufacturing SCP, the focus on complex business processes, such as sales and operations planning, is emerging as one of these new areas of innovation, although the concept is not new.
What is new is the practical realization of what technology is needed and available to support sales and operations planning, and the different industry templates that vendors can bring to market to help end users implement technology faster." Quintiq provides advanced planning, scheduling and supply chain management solutions for a wide range of metal companies.
The fast-growing Dutch company, established in 1997, offers software for planning, optimizing and automating complex business processes throughout the entire company.
The Quintiq Application Suite integrates all relevant planning information into a single system, avoiding repeated entry of the same order and creating transparency along the entire supply chain.
The Quintiq software enables companies to react in real-time to, e g, changes in production and disruptions caused by machine breakdowns by offering alternatives.
The market for Supply Chain Planning (SCP) grew by approximately US$40 million to a total of approximately US$741 million in 2005.
In 2006, it is forecast to grow to approximately US$784 million.
"Quintiq provides some of the industry's most innovative advanced planning and scheduling solutions to optimize business processes," said Arjen Heeres, COO at Quintiq.
"We feel Gartner's placement of Quintiq in the magic quadrant is confirmation of our continuous investment in innovative software solutions that increase asset utilization and improve customer service in the metal sector." The Gartner report can be accessed for one month under the following link: (http://mediaproducts.gartner.com/reprints/quintiq/138095.html).
* About the Magic Quadrant - the Magic Quadrant is copyrighted 2006 by Gartner and is reused with permission.
The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period.
It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product, or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the 'Leaders' quadrant.
The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action.
Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
* About Quintiq - Quintiq offers a standard software solution forto virtually any planning, scheduling and supply chain optimization problem.
Its breakthrough technology empowers companies with flexible solutions, enabling them to solve their daily planning puzzle and optimize it fully, delivering bottom line value.
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