NewswireToday - /newswire/ -
Redwood Shores, CA, United States, 2012/10/15 - Gartner, Inc. has placed Oracle Transportation Management in the Leaders Quadrant of its 2012 report,“Magic Quadrant for Transportation Management Systems (TMS).” (1) (NASDAQ: ORCL) - Oracle.com. NYSE, NASDAQ: ORCL
Gartner Magic Quadrants position vendors within a particular market segment based on their completeness of vision and ability to execute on that vision.
According to the report,“Multiple subcomponents make up a comprehensive TMS across planning (for example, load consolidation, routing, mode selection and carrier selection) and execution (for example, tendering loads to carriers, shipment track and trace, and freight audit and payment).”
Built on modern, flexible, Internet based architecture, Oracle Transportation Management is a global transportation and logistics operations system that allows companies to minimize cost, optimize service levels, support sustainability initiatives, and create flexible business process automation within their transportation and logistics networks.
With a share of 26% of worldwide software revenue for 2011, Oracle is also number one in TMS vendor share according to Gartner’s report,“Market Trends: A Golden Opportunity in the Transportation Management System Market, 2012 – 2016.” (2)
“Shippers and logistics service providers face increasingly complex challenges as they try to reduce costs, secure capacity and improve overall freight efficiency,” said Derek Gittoes, vice president, logistics product strategy, Oracle. “We believe our high standing in both Gartner reports is a reflection of Oracle’s commitment to addressing these challenges by delivering the industry’s broadest and deepest transportation management platform. With a flexible and modern platform, we are able to support customers with both basic transportation needs, as well as those with highly complex logistics requirements.”
(1) Gartner, Inc.,“Magic Quadrant for Transportation Management Systems,” by C. Dwight Klappich, August 23, 2012
(2) Gartner, Inc.,“Market Trends: A Golden Opportunity in the Transportation Management System Market, 2012 – 2016,” by Chad Eschinger and C. Dwight Klappich, September 24, 2012.
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