|By Marketwired .||
|July 3, 2014 12:12 PM EDT||
MOUNTAIN VIEW, CALIFORNIA -- (Marketwired) -- 07/03/14 -- Based on its recent analysis of the warehouse management software (WMS) market, Frost & Sullivan recognizes TECSYS (TSX:TCS) with the 2014 North America Frost & Sullivan Award for Technology Innovation Leadership for enabling new levels of productivity, efficiency, cost-savings, and user-friendliness.
TECSYS's visual logistics technology allows users to perform sophisticated tasks in the supply chain market without any delays, a feat that is not possible with competing WMS technologies that are mainly text based and applicable only for a specific function. The TECSYS WMS is developed on a complete supply chain execution platform that allows the merging of information obtained from various application segments and databases into a single query. It is also the only solution in the market that allows users to adapt and personalize the WMS according to their specific and ever-evolving needs.
"Such robust features and initiatives have put TECSYS's WMS technology in a strong position to meet the needs of a new generation of visually driven computer users, who demand ease of use, have high expectations, and are intolerant to inefficiency," said Frost & Sullivan Research Analyst Jithendranath Rabindranath. "In fact, the company's visual logistics technology can now be seen as the new paradigm for attracting and retaining employees."
To design and develop its novel WMS solution, TECSYS adopted the S-Coordinates Rutgers University Model (SCRUM) management process, which required the company to work closely with end users, ensuring that each sequential development was made using the knowledge gleaned from earlier development efforts. It also breaks down the WMS solution developmental process into smaller steps, significantly reducing the cost associated with restarting the process should there be a setback."
The value additions resulting from this intensive developmental process have been instrumental in helping TECSYS's WMS solution succeed. Another unique internal strategy that has worked for the company is the fostering of creativity among employees. Candidates with certain skills are placed in positions where their creativity is best utilized-a creative drive that other industry participants lack. Evidence of the company's success can be found in the glowing feedback received from its healthcare customers and widespread acceptance among businesses dealing with high-cost products and experiencing shipping errors or delays.
"The immense flexibility of the company's WMS technology will drive adoption rates among participants in the healthcare sector and enable penetration into diverse market sectors, including automotive and retail," noted Jithendranath. "It is an ideal solution for businesses with high-volume distribution and traceability requirements for complex and customer-specific products."
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend toward innovation, its relevance to the industry and the positive impact on brand perception.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include over 600 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation. -- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Dec. 9, 2016 02:45 PM EST Reads: 583
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Dec. 9, 2016 02:45 PM EST Reads: 1,029
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Dec. 9, 2016 02:42 PM EST
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Dec. 9, 2016 02:30 PM EST Reads: 780
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
Dec. 9, 2016 02:30 PM EST Reads: 1,250
Dec. 9, 2016 02:15 PM EST Reads: 1,771
Dec. 9, 2016 02:15 PM EST Reads: 805
Dec. 9, 2016 02:15 PM EST Reads: 262
Dec. 9, 2016 02:15 PM EST Reads: 1,286
Dec. 9, 2016 01:30 PM EST Reads: 1,174
Dec. 9, 2016 11:45 AM EST Reads: 7,369
Dec. 9, 2016 11:45 AM EST Reads: 2,238
Dec. 9, 2016 11:45 AM EST Reads: 2,375
Dec. 9, 2016 11:45 AM EST Reads: 1,540
Dec. 9, 2016 11:45 AM EST Reads: 697