EXTON, Pa., Jan. 19 /PRNewswire/ -- Elemica, the industry-leading B2B supply chain execution network, announces its positioning as a 'Challenger' in the November 2009 Gartner "Magic Quadrant for Integration Service Providers," written by Benoit J. Lheureux and Paolo Malinverno.(1) According to the report, "Elemica is one of the few successful vendors born out of the chemical industry in the dot-com era. It has established a good reputation for implementing large, complex multi-enterprise projects that typically combine Integration as a Service (IaaS) and B2B integration outsourcing with application functionality, such as order management and logistics." Seventeen vendors in the integration service provider market were evaluated based on their ability to execute and completeness of vision.
"We are very pleased to see Elemica positioned as a Challenger in Gartner's Magic Quadrant," said Mike McGuigan, CEO and president of Elemica, Inc. "Inclusion in the report is a solid testament to Elemica's capabilities and growing position in the industry. We believe this year's placement as a Challenger validates our continued growth and recognizes our key differentiators including our supply chain optimization platform bundled with B2B integration."
Elemica grew B2B market share and diversified outside of its core focus on the chemical industry with the merger with RubberNetwork in July 2009. The report references Elemica's "growth and dominance in a couple of industries, combined with its holistic approach to delivering integration services." Elemica maintains domain expertise with complex B2B projects; dominance in the chemical, rubber and tire industries; international presence; and strong revenue growth and financial stability.
Manufacturers are constantly looking to improve their financial performance to be more competitive in a global market. Elemica has created an environment that facilitates trade between business partners and integrates the supply chain by replacing manual and complex approaches with automated and reliable processes, and helping their customers gain a competitive edge. With the recent addition of strategic sourcing to its offering, Elemica helps to lower expenses for purchased goods of direct materials, indirect materials and services as well as capital expenditures.
About the Magic Quadrant
The Magic Quadrant for Integration Service Providers is copyrighted 2009 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.
(1) Gartner, Inc., "Magic Quadrant for Integration Service Providers," by Benoit J. Lheureux and Paolo Malinverno, November 20, 2009.
Elemica was founded by leading global corporations to deliver best-in-class sourcing and supply chain integration for seamless execution of business processes such as order-to-invoice, procure-to-pay, and logistics booking. Elemica unites global trade partners and provides a true framework of 'Connect Once. Connect To All.' By automating key business processes, removing transactional and communication barriers, and integrating the information flow between business partners, Elemica's clients benefit from reduced cost of operations and faster process execution with fewer resources.
From order entry to invoice processing for logistics, planning, and purchasing, the Elemica network improves productivity, decreases errors, and increases customer and business partner satisfaction. Elemica has connected more than 2000 companies across multiple industries and processes over $60 billion in annual transactions. Clients include BASF, Continental, Dow, DuPont, Goodyear, LANXESS, Michelin, Rhodia and Shell. For more information, visit http://www.elemica.com.