Kinaxis Named a Leader in three IDC MarketScape reports
December 17 2024 - 7:00AM
Business Wire
Recognized for Supply Chain Planning Overall,
Supply Chain for Life Sciences Industries and Supply Chain for
Discrete Industries
Kinaxis® Inc. (TSX: KXS) has been a named a Leader in the IDC
MarketScape: Worldwide Supply Chain Planning Overall 2024 Vendor
Assessment, the IDC MarketScape: Worldwide Supply Chain Planning
for Life Science Industries 2024 Vendor Assessment and the IDC
MarketScape: Worldwide Supply Chain Planning for Discrete
Industries 2024 Vendor Assessment*.
In the IDC MarketScape for supply chain planning overall the
report recognizes Kinaxis’ key strengths of concurrency of data as
an end-to-end solution; connected planning and execution that
allows for synchronization/orchestration; AI and decision
intelligence that supports insights and management; optimization
and scenario modeling; and rapid deployment.
The IDC MarketScape for life science industries noted, “With its
roots planted firmly in both planning and execution, and now with
the rollout of Maestro for supply chain orchestration, Kinaxis
offers competitive positioning in end-to-end supply chain
management. Kinaxis has maintained a focus on offering a single
platform while also making it easy to integrate with other
solutions (ERP, supply chain, or other). Kinaxis’ integration layer
provides tools to support advanced integration, both internally and
externally.”
In the IDC MarketScape for discrete industries, the report
notes, “Over 35 years of experience in discrete industries have
helped Kinaxis develop advanced planning and analytics to support
the industry and specific use cases.” The report also noted,
“Kinaxis does not use a linear planning process, rather the company
supports simultaneous modeling/planning of supply, demand,
inventory, capacity, and other considerations. This supports
responsiveness/agility.”
Andrew Bell, chief product officer at Kinaxis
said, “It’s an honor to be recognized in the IDC MarketScape
reports, and even more importantly that it’s based on what our
customers and peers are experiencing. We’re trusted by some of the
biggest brand names in the world to solve increasingly complex
supply chain challenges and we’re looking forward to expanding our
reach even more in the years ahead.”
Eric Thompson, research director, Global Supply Chain
Planning for IDC said, “By 2027, 80% of global
organizations will use AI and machine learning for shipment
planning and network optimization. In addition to its robust
end-to-end planning solutions in a single platform, Kinaxis offers
advanced AI and machine learning capabilities that enable accurate,
automated decision making quickly. They have an incredibly deep
understanding of AI solutions in the supply chain space based on
four decades of successful operations.”
To learn more about Kinaxis and its supply chain orchestration
solutions, please visit Kinaxis.com.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of technology and service
suppliers in a given market. The research utilizes a rigorous
scoring methodology based on both qualitative and quantitative
criteria that results in a single graphical illustration of each
supplier’s position within a given market. IDC MarketScape provides
a clear framework in which the product and service offerings,
capabilities and strategies, and current and future market success
factors of technology suppliers can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective suppliers.
About Kinaxis
Kinaxis is a global leader in modern supply chain orchestration,
powering complex global supply chains and supporting the people who
manage them, in service of humanity. Our powerful, AI-infused
supply chain orchestration platform, Maestro™, combines proprietary
technologies and techniques that provide full transparency and
agility across the entire supply chain — from multi-year strategic
planning to last-mile delivery. We are trusted by renowned global
brands to provide the agility and predictability needed to navigate
today’s volatility and disruption. For more news and information,
please visit kinaxis.com or follow us on LinkedIn.
* Referenced reports include:
- IDC MarketScape: Worldwide Supply Chain Planning Overall 2024
Vendor Assessment (doc #US52694624, November 2024)
- IDC MarketScape: Worldwide Supply Chain Planning for Life
Science Industries 2024 Vendor Assessment (doc #US51047123,
November 2024)
- IDC MarketScape: Worldwide Supply Chain Planning for Discrete
Industries 2024 Vendor Assessment (doc#US51272724, October
2024).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241217561240/en/
Media Relations Jaime Cook | Kinaxis jcook@kinaxis.com +1
289-552-4640
Investor Relations Rick Wadsworth | Kinaxis
rwadsworth@kinaxis.com 613-907-7613
Kinaxis (TSX:KXS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Kinaxis (TSX:KXS)
Historical Stock Chart
From Dec 2023 to Dec 2024