DALLAS, Nov. 27, 2018 /PRNewswire/ -- One Network Enterprises, the global provider of multi-party digital network platform and services, today announced that Gartner, Inc., a leading IT research and advisory firm, has positioned the Company as a Leader in its Magic Quadrant for Multienterprise Supply Chain Business Networks report. According to the report, "Multienterprise supply chain business networks support a community of trading partners — of any tier and type within a network — that need to coordinate and execute supply chain processes across multiple enterprises."
This year is the first time Gartner has published a report on multienterprise supply chain solutions. The report stated,"Networks are not new, but with companies focusing more on having end-to-end (E2E) processes include their external trading partners, these networks are increasing in importance and value. Collecting data and sensing signals in real time, and then coordinating, executing, and resolving issues quickly, will allow companies to operate their supply chains more effectively."
One Network's Real Time Value NetworkTM (RTVN) platform is a true multiparty network ecosystem enabling two or more parties to participate on the same transaction using a common business object. The RTVN supports critical processes ranging from supply chain planning (demand, supply, respond), store planning and execution, to supply chain execution (procurement, manufacturing, fulfillment, transportation) which includes knowledge of supply chain planning and Transportation Management System (TMS) systems of records. Unlike antiquated ERP-approaches, the RTVN optimizes internal and external partners so they can achieve common financial and operational goals on the network and build trust between parties.
The ONE Platform supports a variety of multi-tenancy models such as classic multi-tenant as well as network multi-tenant and is credited by customers for delivering rapid results at half the cost of traditional technology approaches. Leveraging AI and Blockchain, the multi-party digital network has more than 60,000 businesses onboarded globally and is the largest business operating network worldwide.
"As the largest supply chain network in the world, we are thrilled to be named a Leader in Gartner's Magic Quadrant and to see them emphasize the importance of multienterprise solutions and their impact on the modern supply chain," said MaryAnn Holder, Chief Marketing Officer, One Network. "With a vast number of retailers, distributors, manufacturers, carriers and third-party logistics providers onboarded, the RTVN offers a disruptive technology and business model that enables our community to slash inventory, improve service levels, and speed up the supply chain in order to outpace the competition."
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.
About One Network Enterprises
Founded in 2002, One Network provides a multi-party Intelligent Business Platform solution powered by AI and Blockchain that delivers rapid results at a fraction of the cost of legacy solutions. One Network's cloud platform, the Real Time Value Network™ (RTVN) supports modular, adaptable solutions that enable multiparty businesses to realize value and run more efficiently, with less waste. Harnessing the power of NEO, an intelligent agent that predicts consumer demand, the RTVN has been helping organizations from around the world from nearly every industry operate their supply chain at near-theoretical limits. Additionally, One Network offers a PaaS solution and developer tools that allow organizations to design, build and run multiparty applications. Headquartered in Dallas, One Network also has offices in Japan, Europe, and India. For more information, please visit www.onenetwork.com.
SOURCE One Network Enterprises