FusionOps Announces Dramatic Growth Supply Chain Analytics Revenue Grows Over 440%
SUNNYVALE, Calif., Jan. 14, 2014 /PRNewswire/ -- FusionOps®, the world's only provider of cloud-based, pre-built supply chain analytics, today announced dramatic growth in 2013. Supply chain analytics revenue grew by over 440% on a year-over-year basis. FusionOps customers are deploying the application throughout their global operations and indicating that, for the first time, they are gaining visibility into their operations unlike ever before, and with unprecedented speed, dramatically improving the efficiency of their supply chains.
FusionOps not only ended 2013 with robust revenue growth, but also strong customer endorsements of its solution, having won contracts at several multi-billion dollar companies, including networking solutions leader Brocade and a major pharmaceuticals provider. FusionOps now supports customers across a broad range of industries, including: apparel, automotive, contract manufacturing, distribution, energy, heavy equipment, medical devices, networking, pharmaceuticals, and others, demonstrating the power of the application across manufacturing verticals.
Columbia Sportswear, a global leader in the design and distribution of apparel, footwear, and accessories, is leveraging FusionOps for its global operations. "FusionOps is generating a lot of excitement in our global transformation project here at Columbia. We have a large number of complex requirements and have worked hand-in-hand with FusionOps to quickly deliver visibility into our operations from our SAP AFS environment. They are delivering," said Fred Pond, CIO of Columbia Sportswear.
Orica, provider of commercial explosives and blasting systems to the mining and infrastructure markets, began using FusionOps in late 2013 and quickly saw results. "FusionOps has given us integrated reporting of demand forecasts across multiple business entities for the first time, supporting a global understanding of our business going forward," said Robert Kitching, Global Supply Chain Process Improvement at Orica.
Advanced Energy, which produces power conversion products for thin film processes and solar PV inverters, is a recent FusionOps customer. "We have been delighted with our collaboration with FusionOps. We have already leveraged the application to improve our inventory management and are now deploying it throughout our company worldwide," said Camille Gross-Rhode, Senior Program Manager at Advanced Energy.
During 2013, FusionOps significantly improved its Big Data infrastructure with major feature and usability enhancements to address the needs of its global customers, and added support for the SAP Apparel and Footwear (AFS) and Financial Supply Chain (FSCM) solutions. In the last quarter of 2013, FusionOps added two new board members and announced its Technical Advisory Board.
"2013 was a year of unprecedented growth for us at FusionOps and our outlook for 2014 is even more bullish. We believe pre-built analytics applications are disrupting the traditional tool-based approach to Business Intelligence and our customers believe it too," said Gary Meyers, President and CEO of FusionOps. "On behalf of FusionOps, I want to thank our customers, our employees, our board, and our partners. These outstanding results are only the beginning and we look forward to accelerating this momentum in 2014."
FusionOps is the only application that combines supply chain and SAP expertise to deliver a pre-built, supply chain analytics application for business users, in just one day. The fast, easy, and affordable application delivers thousands of tickers, metrics, and reports right out of the box. Founded by a team of SAP supply chain developers, FusionOps' patented, cloud-based, SaaS platform delivers immediate value. Headquartered in Sunnyvale, CA, FusionOps, a Certified SAP Software Partner and Gartner "Cool Vendor," is privately held. For additional information, please visit: http://www.fusionops.com.