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Steelwedge Delivers Planning Agility to the World's Manufacturers; Leads Global Growth in S&OP Market

PLEASANTON, CA -- (Marketwire) -- 01/16/13 -- In 2012, unpredictable financial, political and environmental events continued to crack the supply chain foundations of global manufacturers. That supply chain fragility has become a matter of global concern -- and was even addressed in a directive by US President Barack Obama.

According to industry IT advisory firm, Gartner, Sales & Operations Planning is the most sought after approach by global manufacturers to help address supply chain fragility. Steelwedge leads in the global cloud-based S&OP solutions market -- the fastest-growing part of the billion dollar market. In fact, in 2012, Steelwedge grew at nearly twice the rate of the overall market as leading manufacturers chose its integrated business planning platform to unite demand, supply and financial data into a single view of their businesses. This view, in turn, enables manufacturers to more nimbly make better-informed decisions about crucial supply/demand tradeoffs in the face of change.

In 2013, a number of factors will continue to power company and market growth, including:

  • The addition of customers across agro science, consumer technology, automotive, retail, consumer packaged goods and industrial manufacturing sectors including; Jaguar Land Rover, Lenovo, MetroPCS, Monsanto, PZ Cussons and Syngenta; coupled with an extremely high renewal rate across the Steelwedge existing customer base

  • Global expansion in established US, India and UK locations; and establishment of new offices in Japan and the Netherlands

  • Organizational growth with the addition of Supply Chain industry veterans from Oracle, JDA, Infor, I2 and Manugistics to the company's seasoned management team including: Michelle Jones, VP of Industry Alliances; Jeri Donn, VP of Cloud Services; Elliot Zimmerman, VP of Global Services and Kenichi Tsumura, President of Steelwedge North Asia

  • Advanced technology innovation and leadership as recognized in the Gartner 2012 S&OP Marketscope.

"The world's leading manufacturers are recognizing that increasingly complex, interdependent supply chains -- and the plans built to manage them -- will only survive with better agility and resilience built into them," said Glen Margolis, CEO of Steelwedge. "This agility comes from a potent combination of company-wide insight and speed to put that insight into action. We are exhilarated by the innovative ways our customers are using our cloud-based solutions to out-manoeuvre market volatility and drive growth."

About Steelwedge
Founded in 2000, Steelwedge Software is the leading Integrated Business Planning solution provider. Steelwedge's cloud-based Sales & Operations Planning (S&OP) software solutions connect people, process and technology to power a single view of a company's business. In a volatile global business environment, that single line of sight powers reliable "what if" scenario modelling that pinpoints the financial impact of supply-demand trade-off decisions. Some of the world's largest discrete and process manufacturing companies including Jaguar Land Rover, Sony, Lenovo, MetroPCS and Emerson trust Steelwedge to help them mitigate risk and rapidly adapt to global economic, political and environmental change through best-in-class S&OP. Visit www.steelwedge.com.

© 2013 Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc. All other company and product names are trademarks of their respective holders.

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Media Contact:
Didi D'Errico
dderrico@steelwedge.com

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