E2open Named a Leader in IDC MarketScape for Worldwide SaaS and Cloud-Enabled Direct Spend
January 23 2025 - 8:15AM
Business Wire
E2open's integrated platform and multi-tier network drive
efficiency, profitability, and resiliency for direct-spend supply
chain leaders worldwide.
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply
chain SaaS platform with the largest multi-enterprise network,
announces that e2open has been named a Leader in the IDC
MarketScape: Worldwide SaaS and Cloud-Enabled Direct Spend Vendor
Assessment, based on IDC analysis and customer feedback.
This comprehensive new IDC MarketScape report evaluates vendors
in the direct materials sourcing and spend software application
market, with insights to inform supply chain operations strategies
in an increasingly complex and competitive environment for company
decision-makers.
"Efficient management of direct materials sourcing is crucial
for competitive supply chain operations, leveraging technology to
streamline strategies amid global complexities and market
volatility," according to Patrick Reymann, research director,
Procurement and Enterprise Applications at IDC.
E2open is positioned as a Leader and the report noted, “It has
an ability to integrate the procurement process from planning,
execution, and tracking. This strength is complemented by a
flexible solution platform built to support a myriad of business
processes.” Read the report excerpt for full details: IDC
MarketScape: Worldwide SaaS and Cloud-Enabled Direct Spend.
“We believe that e2open’s recognition as a Leader reflects our
deep expertise and comprehensive approach to solving direct
procurement challenges for a diverse range of industries from
high-tech and consumer goods to automotive and pharma,” said Pawan
Joshi, chief strategy officer at e2open. “Amid rising procurement
risks and ongoing global disruptions, e2open’s solutions empower
organizations to align supply with demand, mitigate risks, and
improve operational resiliency."
E2open’s direct procurement and related software solutions help
businesses:
- Systematically engage with partners and conduct detailed
disruption impact identification and assessment through Supply
Network Discovery
- Create long-term demand-supply alignment via Supply Forecast
Collaboration
- Streamline end-to-end supplier management with Order
Collaboration
- Enhance raw material cost and control through Buy-Sell
Management with Dropship
- Orchestrate complex end-to-end collaboration on bills of
materials and related costs
- Leverage the multi-enterprise network of over 480,000 partners
to connect and collaborate with them across the multiple tiers of
supply chain
The report states: “Manufacturing organizations looking for a
vendor that offers both a multi-enterprise network and robust
supply chain management to underpin direct spend capabilities
should consider e2open. Its ability to connect across downstream
channel partners, upstream supply partners, and logistics partners
for purchasing and moving goods between all tiers and global trade
partners appeals broadly across industry.”
View a complimentary excerpt copy of the IDC MarketScape:
Worldwide SaaS and Cloud-Enabled Direct Spend 2024 by Patrick
Reymann and Simon Ellis, IDC (Doc # US52734424). December 2024, at
e2open.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 e2open
E2open is the connected supply chain software platform that
enables the world’s largest companies to transform the way they
make, move, and sell goods and services. With the broadest
cloud-native global platform purpose-built for modern supply
chains, e2open connects more than 480,000 manufacturing, logistics,
channel, and distribution partners as one multi-enterprise network
tracking over 16 billion transactions annually. Our SaaS platform
anticipates disruptions and opportunities to help companies improve
efficiency, reduce waste, and operate sustainably. Moving as one.™
Learn More: www.e2open.com.
E2open and “Moving as one.” are the registered trademarks of
E2open, LLC. All other trademarks, registered trademarks and
service marks are the property of their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20250123411096/en/
Media Contact: 5W PR for e2open e2open@5wpr.com
408-504-7707 Investor Relations Contact: Russell Johnson
russell.johnson@e2open.com investor.relations@e2open.com
Corporate Contact: Kristin Seigworth VP Communications,
e2open kristin.seigworth@e2open.com pr@e2open.com
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