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Quintiq Named as a Visionary in 2010 Magic Quadrant for Supply Chain Planning (SCP)
Sep 17, 2010 (08:09 AM EDT)
WAYNE, Pa., Sept. 17 /PRNewswire/ -- Quintiq, a leading supplier of advanced planning, scheduling and supply chain planning solutions, announced today Gartner placed Quintiq as a Visionary in its Magic Quadrant for Supply Chain Planning (SCP) for Process Automation, 2010* report. Quintiq was one of 14 vendors evaluated in the report.
To download the full report, please go to http://www.quintiq.com/gartner.
"In this growing market where companies are focused on improving planning and efficiencies, Quintiq is pleased to be positioned by Gartner in the 2010 Supply Chain Planning Magic quadrant. We believe this underlines Quintiq's commitment to providing our customers with industry-leading supply chain planning solutions that enable them to compete more effectively on a global scale," said Quintiq CEO Victor Allis.
According to the Magic Quadrant note, "Gartner expects SCP spending to accelerate in 2010, with a compound annual growth rate (CAGR) of about 5.7%. Companies continue to invest in supply chain planning as they recognize that improving their planning processes is still a significant area of opportunity."
Gartner defines visionaries in the Magic Quadrant as companies that "have a coherent and compelling vision and strategy that can deliver a robust and complete SCP for process automation solution to the market. Visionaries can be significant vendors that have yet to mature their capabilities fully in the area of process automation, or they can be smaller vendors with a compelling vision for how to deliver process automation to users, but they have not penetrated far enough into the market yet. As such, they likely could not handle a full range of user requirements across a wide range of industries. Visionaries usually have strong, appropriate architectures for the integration and configurability of their SCP solutions to help support end-to-end, SCP process support. They also allow users to easily change the solutions to meet the evolving needs of their SCP processes as they execute continuous improvement activities."
For inclusion in the 2010 Magic Quadrant, each vendor had to meet strict criteria which included revenue, global coverage, presence in multiple vertical industries and have a Supply Chain Planning functionality that covered at least four of the six key functional areas for SCP process automation: Demand Planning, Inventory Planning, Replenishment Planning, Available to Promise, Manufacturing Planning and Scheduling, and Collaborative Planning. Vendors were further evaluated on market understanding, product strategy, vertical/industry strategy, geographic strategy, product/service and other criteria.
*Gartner, Inc. Magic Quadrant for Supply Chain Planning for Process Automation, Tim Payne, September 3, 2010.
About Gartner's Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. 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.
With United States offices located in Philadelphia, PA, Quintiq is a global leader in providing advanced planning, scheduling and supply chain management software solutions. This fast-growing company, established in 1997, offers and implements software for planning and optimizing complex business processes throughout the enterprise. The company's worldwide headquarters is located in The Netherlands with subsidiaries located in USA, Australia, China, Finland, Germany, Italy, Malaysia and the United Kingdom. Quintiq systems are implemented in 74 countries worldwide. U.S.-based clients include the Federal Aviation Administration (FAA). QVC and the Washington State Department of Transportation (WSDOT) Ferries Division (WSF).
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