|By Marketwired .||
|January 30, 2014 06:30 AM EST||
SANTA CLARA, CA--(Marketwired - January 30, 2014) - SERUS, a leader in extended supply chain management for high-tech companies, today provided highlights of what CEO Hari Menon called a "transformational year" for the company, citing 60 percent growth in committed annual recurring revenues from enterprise customers, a 60 percent year-over-year increase in bookings, and several new high-profile customers, including Micron and Extreme Networks. The company credits its focus on solutions that target problems throughout the extended supply chain in outsourced manufacturing as a key component in the surging interest from both potential and existing customers and partners.
"With the soaring reliance on outsourced manufacturing, it's become abundantly clear that product quality and compliance have become critical issues for brand owners," said Menon. "The experience and knowledge of our new management team has enabled us to take a significant lead in creating solutions that address challenges in the day-to-day supply chain operations and overall delivery and product quality for our customers. Thanks to this approach, our complete solution now offers the ability to optimize the entire supply chain, from design through delivery."
Key business metrics:
- 60 percent year-over-year increase in bookings;
- 60 percent increase in committed annual recurring revenues from enterprise customers;
- 80 percent of new orders for three-year engagements;
- The addition of several new customers, including Extreme Networks, Micron, Semtech, PLX Technology and Power Integrations.
Key Management Additions:
- Rohit Thukral, vice president of products and engineering, joined SERUS from Churchill Downs, Inc. where he was the general manager of the online business, responsible for growing the business from a start-up to a very profitable business.
- Joe Longo, vice president of the SERUS Professional Services Group, joined the company with significant experience leading superior global professional services groups like PSVillage and MetricStream.
New Products and Capabilities Added in 2013:
- Supplier Contract Compliance (SCC) allows companies that outsource critical manufacturing processes to manage complex partner and supplier contracts throughout their complete lifecycle. A new request for quote (RFQ) capability allowing companies to collaborate with their manufacturing partners was also delivered during the year.
- Design for Manufacturing (DfM) enables companies to innovate faster, save money, and improve customer satisfaction by ensuring partner compliance with engineering and manufacturing change orders (ECOs and MCOs). Designed for complex and regulated manufacturing scenarios in the semiconductor, medical device, test and measurement, high-tech, and other industries, DfM enables companies to create, approve and broadcast change orders to partners and then close the supply chain loop by reporting on compliance against these orders.
- The SERUS Supplier Network brings the best of social media to the enterprise, allowing brand owners to collaborate more effectively with their outsourced manufacturing partners to ensure high-quality products are delivered on time. The SERUS Supplier Network supports high-bandwidth communication and collaboration (i.e., chat, video, message threads, etc.) using both structured and unstructured data to avoid breakdowns in the supply chain.
- SERUS Analytics : Developed with partner Tableau Software to provide customers with actionable insights about their external manufacturing operations, SERUS Analytics delivers real-time insights derived from large volumes of manufacturing and supply chain transactional data, enabling companies to make faster and better decisions. SERUS Analytics includes operations performance analytics, executive dashboards (both Web and mobile), and predictive analytics.
Key Partnerships: SERUS also established key partnerships in 2013, including technology partnerships with Tableau and Seeburger, and go-to-market partnerships with Dassault Systemes and AT Kearney.
SERUS is leading today's high-tech companies to superior performance with precision multi-tiered supply chain management and execution. By orchestrating data and decision making from engineering and operations to finance and procurement, SERUS informs companies in near real-time when disruptive changes occur that will impact output, inventory, costs and ultimately customer satisfaction. From a spike in demand to engineering change propagation or a supplier interruption, SERUS monitors all supply chain progress on a granular level, enabling partners to discover detailed causes and make recommendations for solving problems. SERUS customers are able to adapt on the fly and therefore deliver better outcomes through improved managerial judgment and collaborative performance between all parties. For high-tech companies whose survival depends on complex and outsourced supply chains, SERUS' cloud-based monitoring and adept analysis is the standard bearer. Customers like AMD, Oracle, Juniper, Flextronics, NVIDIA Cypress, Qualcomm/Atheros and IDT have benefitted from enhancements, such as 8-15% reduction in inventory, 10-20% reduction in excess and obsolescence charges and 8-15% increase in operational productivity thanks to SERUS' supply chain orchestration. Learn more at www.serus.com
The following files are available for download:
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
Feb. 27, 2017 09:00 AM EST Reads: 2,386
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
Feb. 27, 2017 09:00 AM EST Reads: 6,682
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Feb. 27, 2017 08:45 AM EST Reads: 6,385
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Feb. 27, 2017 08:45 AM EST Reads: 218
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 27, 2017 08:45 AM EST Reads: 1,312
Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infrastructure through automation. Ayehu solutions have been deployed by major enterprises worldwide, and currently, support thousands of IT processes across the globe. The company has offices in New York, California, and Isr...
Feb. 27, 2017 08:15 AM EST Reads: 123
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Feb. 27, 2017 07:45 AM EST Reads: 962
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Feb. 27, 2017 07:45 AM EST Reads: 216
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Feb. 27, 2017 06:45 AM EST Reads: 1,796
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Feb. 27, 2017 06:00 AM EST Reads: 6,162
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists l...
Feb. 27, 2017 05:00 AM EST Reads: 7,426
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Feb. 27, 2017 04:30 AM EST Reads: 2,260
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Feb. 27, 2017 04:30 AM EST Reads: 4,330
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Feb. 27, 2017 04:00 AM EST Reads: 7,403
910Telecom exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and exchanges.
Feb. 27, 2017 03:30 AM EST Reads: 2,224