Second Consecutive Leadership Placement for Kinaxis
OTTAWA, Jan. 25, 2016 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the "Magic Quadrant for Supply Chain Planning (SCP) System of Record (SOR)" for a second consecutive time. This is one of two Gartner Magic Quadrant reports in which Kinaxis has been included and positioned as a leader.1
"We believe our continued leadership placement in this Gartner Magic Quadrant helps validate our authority and viability in this space," said John Sicard, CEO, Kinaxis. "We feel being positioned the furthest for execution and vision within the Leaders Quadrant demonstrates strength. We pride ourselves on not only having a compelling vision, but also being able to successfully execute on that vision and most importantly, deliver tangible business results to our customers."
The report evaluated 21 vendors based on completeness of vision in the supply chain planning system of record market and on their ability to execute to that vision. Kinaxis distinguished itself with a high standing on both measures.
According to Gartner, "an SCP SOR is a planning platform that enables a company to create, manage, link, align, collaborate and share its planning data across a supply chain — from demand plan creation through the supply-side response, and from detailed operational planning through tactical-level planning."2
Find more information or access the full Magic Quadrant for Supply Chain Planning System of Record report here.
Complimentary to this topic, Kinaxis has also recently published an infographic:5 Things to Look For in a Supply Chain Planning System of Record: Views and Real-World Results from Kinaxis RapidResponse Customers.
Gartner, Magic Quadrant for Sales and Operations Planning System of Differentiation, T. Payne, April 29, 2015
Gartner, Magic Quadrant for Supply Chain Planning System of Record, T. Payne, January 19, 2016.
Disclaimer: 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.
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to Kinaxis' growth opportunities and the potential benefits of, and demand for, Kinaxis' products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. Kinaxis' actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of Kinaxis to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by Kinaxis with Canadian securities regulatory authorities. Kinaxis assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
Kinaxis is a leading provider of cloud-based subscription software that enables our customers to improve and accelerate analysis and decision-making across their supply chain operations. The supply chain planning and analytics capabilities of our product, RapidResponse, create the foundation for managing multiple, interconnected supply chain management processes. By using the single RapidResponse product instead of combining individual disparate software solutions, our customers gain visibility across their supply chains, can respond quickly to changing conditions, and ultimately realize significant operating efficiencies.
SOURCE Kinaxis Inc.
For further information: Media Relations: Alexa Cheater, Tel: (613) 592-5780 ext. 5516, [email protected]; Investor Relations: Ross Marshall, LodeRock Advisors Inc., Tel: (416) 526-1563, [email protected]