SHANGHAI, May 10, 2017 /PRNewswire/ -- oTMS, a leader in clouding and connected SaaS transport management system in China, today announced that Gartner, Inc., the world's leading information technology research and advisory company, has listed oTMS as a "notable vendors" in its 2017 Magic Quadrant for Transportation Management Systems* report. oTMS is the first and the only China-based company covered in this Gartner research.
"We are excited to be the first China-based TMS vendor included in Gartner report and have them recognize that the highest growth will come from Asia. This is what we have experienced, as the Chinese market and customers are maturing and no longer accept manual processes," said Mirek Dabrowski, oTMS, CEO and co-founder.
According to Gartner, "The overall market size for supply chain execution (SCE) applications is estimated to have grown at an annual rate of 13% to $3.9 billion during 2016. Within SCE, transportation management systems is estimated to have generated 30% of the market spend."
"Factors such as the need to reduce costs, and improve productivity, efficiency and customer service are driving the growth of the market through 2021. The Americas region is expected to continue to lead the global TMS market, followed by EMEA, with the APAC region expected to have the largest growth."
"Traditionally, the implementation of a TMS solution was a long and complex project. Shippers' and 3PL providers' expectations around the implementation have changed dramatically, especially with the advent of multitenant cloud TMS options. Customers now require these solutions to be implemented in a much shorter time frame (weeks instead of months), at a much lower cost and provide a much faster ROI. Over the past year, Gartner has witnessed more and more implementations that were accomplished in six to eight weeks. Traditionally, these would have taken six months or more."
*Gartner "Magic Quadrant for Transportation Management Systems" by Bart De Muynck. March 9, 2017.
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.
oTMS is committed to creating a new Transport Ecosystem and Making Transport Easy. In 2013, oTMS launched the first ever SaaS TMS + market place model in the domestic market. Today, oTMS not only operates an omni-channel SaaS TMS (One-TMS) with the largest market share in China, we have also, through the consolidation of five other products including oSuper, E-RFQ, One-Insurance, EasyLoan, and Transport Control Tower, achieved the establishment of a connected, digitalized and data-driven Transport Ecosystem. oTMS believes that, in the process of promoting industry development and transformation, every link and company along its industry chain can be further integrated for the creation of a better world that is more convenient, efficient, and green. For more information: www.otms.com
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