Nucleus Research Names Kinaxis Leader in 2018 Control Tower Technology Value Matrix
Kinaxis ranked highest for greatest usability out of 13 vendors
OTTAWA, Dec. 6, 2018 /CNW/ - Kinaxis® Inc. (TSX: KXS), provider of RapidResponse®, the recognized leader in digital supply chain management for concurrent planning, today announced it has been named a leader in the Nucleus Research 2018 Control Tower Technology Value Matrix. As one of only five vendors in the leaders' quadrant, Kinaxis also ranks highest on the 'Greater Usability' axis.
The Nucleus Research 2018 Control Tower Value Matrix report views real-time visibility into supply chain operations as the ultimate goal for the majority of companies and notes that automation and the ability to connect planning with execution is increasingly important for companies looking to move up the maturity scale.
Kinaxis connects data, processes and people into an easy-to-use single environment that maximizes performance by delivering end-to-end control tower visibility and collaboration. The result is superior usability leading to greater adoption and ultimately, stronger ROI.
According to the report, "Kinaxis has been investing in the connectivity of its platform to get data in and out of the planning system more easily and provide better visibility across the organization to users." The report continued, "The flexibility and ease of use of RapidResponse continues to be a major differentiator, with customers able to go live quickly and start realizing value."
"Leading vendors such as Kinaxis are making it easier for companies to leverage their technology by delivering the right information to the right user, at the right time," said Seth Lippincott, Principal Analyst, Nucleus Research. "By making the investments Kinaxis is making today, it will help to further cement its place in future editions of the Control Tower Value Matrix."
The 2018 Control Tower Value Matrix is an assessment of the state of the control tower market and ranked 13 vendors based on the functionality and product usability of current technology solutions and value that customers realize from these capabilities.
"We pride ourselves on creating a solution that is easy to use and understand so planners actually look forward to using it every day," said Jay Muelhoefer, Chief Marketing Officer, Kinaxis. "Being named a leader in the Nucleus Research 2018 Control Tower Value Matrix reinforces the approach we're taking at Kinaxis to solve the pains of planners managing the world's most complex supply chains, and help them realize greater success."
The full report is available for download at Kinaxis.com.
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.
About Kinaxis Inc.
As the recognized leader in digital supply chain management for concurrent planning, Kinaxis is helping organizations around the world revolutionize their supply chain planning. Kinaxis RapidResponse, our cloud-based supply chain management software, connects your data, processes and people into a single harmonious environment. With a consolidated view of the entire supply chain, you can plan expected performance, monitor progress and respond to disconnects when reality hits. RapidResponse lets you know sooner and act faster, leading to reduced decision latency, and improved operational and financial performance. We can prove it. From implementation to expansion, we're here to help our customers with every step of their supply chain journey.
SOURCE Kinaxis Inc.