Frost & Sullivan Confirms Rootstock as Leading Cloud ERP
Rootstock Software®, the leader in cloud manufacturing and supply chain applications, today announced that Frost & Sullivan analysis confirms that “Rootstock’s cloud ERP properly addresses the complexities challenging the growth of the North American medical device industry. Other companies have not been able to build a functional product similar to that of Rootstock’s cloud ERP within the same time frame that Rootstock has achieved.
“Rootstock has secured an edge for itself over its competitors by leveraging its strong technical expertise and years of manufacturing experience to build a broad and deep end-to-end functional cloud ERP solution in a short time frame,” reports Sankara Narayanan, Frost & Sullivan Senior Analyst. “This solution supports requirements for multiple modes of manufacturing and enables real-time management of manufacturing for customers of all sizes and types. As the largest product footprint among ISV products on the Salesforce.com platform, Rootstock’s cloud ERP solution possesses the functionality required to replace more than 25 legacy ERP products. With its strong overall performance, Rootstock has earned the 2016 Frost & Sullivan Technology Leadership Award."
“Rootstock’s single system provides insight, control, visibility and support for each step of the manufacturing value chain across global operations, whereby its customers can handle multiple sites and efficiently operate and grow their businesses,” the Frost & Sullivan Report continues.
According to the research firm, “some of the elite medical device manufacturers that have enjoyed valuable benefits by deploying Rootstock’s cloud ERP are Mevion Medical Systems (a leading global provider of proton therapy systems for cancer treatment), RS Medical and Summit Imaging. With high customer satisfaction and one of the highest customer retention rates in the industry, Frost & Sullivan expects Rootstock to strengthen its position further in the medical device industry in the coming years.”
To determine the Technology Leadership Award, Frost & Sullivan analysts independently evaluated two key factors - Technology Leverage and Business Impact – of Rootstock and its two leading cloud ERP competitors. Rootstock’s overall average was 9.5 out of a perfect 10. The two competitors had scores of only 8.0 and 7.0.
“By using every advantage that we have, this research confirms that we have taken the correct approach in building a cloud ERP that is valuable to our customers,” emphasizes Rootstock CEO Pat Garrehy. “We are so pleased that Frost & Sullivan noted so many of our strategic benefits.”
In the report, Frost & Sullivan acknowledged that “with 70 percent year-over-year revenue growth and a positive cash flow, Rootstock has become a trusted partner with a significant and proven track record of maintaining long-term customer relationships.” The research firm added “that one of the primary factors contributing towards Rootstock’s success as well as towards the design, development and architecture of its cloud ERP is the company’s highly efficient resource pool of manufacturing and software experts…Rootstock significantly invests in research and development (R&D) on a continuous basis to enable technological improvements.”
Frost & Sullivan further stated that “Rootstock’s niche technology advisory board comprises ERP thought leaders, engineers, consultants and pioneers who have extensive experience, from industry heavy weights such as GM, IBM, Baan Software and SAP America. With such a deep domain expertise, Rootstock’s team has a complete understanding of every aspect of its customers’ application and business processes, which help devise and quickly implement a model that works for their organizations - without disrupting their operations.”
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
About Rootstock Software
Rootstock Software® is a proven provider of powerful and nimble manufacturing, distribution and supply chain solutions built and deployed on the Salesforce Platform (the world’s #1 cloud computing platform). The Rootstock solutions enable real-time management of manufacturing, distribution and supply chain operations from front to back, anytime and anywhere. The company’s manufacturing, distribution and supply chain apps integrate “out of the box” with Sales Cloud® by salesforce.com and other ERP-centric applications written on the Salesforce Platform. With unparalleled executive experience in manufacturing and distribution software and an established base of installed and implemented cloud customers, Rootstock offers a better and more reliable way to plan and execute required activities, deliver essential information to all parts of the organization, and improve timely and informed business decision making. The Rootstock apps also provide the control and visibility required to elevate the total performance of manufacturing, distribution and supply chain operations. Rootstock is available on the AppExchange by salesforce.com, the world’s most popular marketplace for business apps. To learn more, please follow Rootstock on Twitter @RootstockMFG, visit our Facebook page http://www.facebook.com/RootstockSoftware or visit http://www.rootstock.com.
Tom Brigham, 1-207-941-1100
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Philip Morris International Announces Non-Executive Board Chairman Louis Camilleri to Assume CEO Role at Ferrari S.p.A.21.7.2018 18:19 | Pressemelding
The board of directors of Philip Morris International (NYSE:PM) has its board member, Sergio Marchionne, and his family in our thoughts and prayers during this challenging time. We congratulate our board chairman, Louis Camilleri, as he assumes the role of CEO of Ferrari S.p.A. The long term relationship between our two companies is deep and meaningful and we look forward to continued business collaboration. Mr. Camilleri will continue to serve as non-executive chairman of the PMI board. Philip Morris International: Who We Are We are a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States of America. We’re building our future on smoke-free products. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, we aim to ensure that our smoke-free products meet adult consumer preferences and rigorous regulatory requirem
Loxam Announces a Conditional Agreement to Acquire UK Platforms20.7.2018 14:51 | Pressemelding
Loxam Group (“Loxam”) announces that its wholly-owned subsidiary Nationwide Platforms Limited (“Nationwide”) has entered into a conditional agreement with HSS Hire Group plc (“HSS”) with respect to the acquisition of UK Platforms Limited (“UKP”). UKP specializes in renting powered access equipment from its 12 branches located throughout the United Kingdom. The company has approximately 130 employees and operates a fleet of 3,000 units. UKP is controlled by HSS since 2013. As part of this transaction, Nationwide has entered into a commercial agreement with HSS to provide powered access equipment to complement HSS’ existing fleet. The closing of the transaction is subject to the approval by HSS’ shareholders and the confirmation that it will not be referred to the Competition and Mergers Authority. The transaction is expected to close before year end 2018. Don Kenny, CEO of Loxam’s Powered Access Division states: “I am delighted with the acquisition of UKP which will further reinforce NW
Schlumberger Announces Second-Quarter 2018 Results20.7.2018 11:00 | Pressemelding
Schlumberger Limited (NYSE: SLB) today reported results for the second quarter of 2018. (Stated in millions, except per share amounts) Three Months Ended Change Jun. 30, 2018 Mar. 31, 2018 Jun. 30, 2017 Sequential Year-on-year Revenue $8,303 $7,829 $7,462 6% 11% Pretax operating income $1,094 $974 $950 12% 15% Pretax operating margin 13.2% 12.4% 12.7% 75 bps 45 bps Net income - GAAP basis $430 $525 $(74) -18% n/m Net income, excluding charges & credits* $594 $525 $488 13% 22% Diluted EPS - GAAP basis $0.31 $0.38 $(0.05) -18% n/m Diluted EPS, excluding charges & credits* $0.43 $0.38 $0.35 13% 23% *These are non-GAAP financial measures. See section below entitled "Charges & Credits" for details. n/m = not meaningful Schlumberger Chairman and CEO Paal Kibsgaard commented, “The second quarter was both busy and exciting for Schlumberger as we completed a number of major milestones in preparation for the broad-based global activity upturn that is now emerging. We delivered solid top-line gro
H.I.G. Capital Announces the Sale of KidsFoundation19.7.2018 19:50 | Pressemelding
H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with more than €21 billion of equity capital under management, announced today that one of its affiliates has entered a definitive agreement to sell the KidsFoundation Group (“KidsFoundation”), the Dutch market leader in childcare services, to Onex Corporation (“Onex”)(TSX:ONEX). Terms were not disclosed. Headquartered in Almere, the Netherlands, KidsFoundation provides high-quality childcare to nearly 30,000 children between the ages of six weeks and 12 years. H.I.G. created KidsFoundation in 2014 through the acquisition of assets from the estate of Estro Group. During H.I.G.’s ownership, the company has developed strongly with significant capital invested by H.I.G. to create a high-quality childcare offering. H.I.G. worked with KidsFoundation management to optimise the footprint of the company by exiting loss-making locations, introduce new IT systems to drive operational improvement and develop an internal M&
SIG Combibloc Group Holdings S.à r.l.: 2018 Second Quarter Results19.7.2018 16:01 | Pressemelding
We are pleased to announce our quarterly conference call to discuss the results of SIG Combibloc Group Holdings S.à r.l. for the second quarter ended June 30, 2018. Date: Monday, July 23, 2018 Time: 15.00 CEST / 14.00 BST / 9.00 EDT The call information will be distributed on our secure site. If you would like access to our call, please contact email@example.com . Regards, SIG Combibloc Group Holdings S.à r.l. View source version on businesswire.com: https://www.businesswire.com/news/home/20180719005634/en/ Contact information SIG Combibloc Group Holdings S.à r.l. Jennifer Gough firstname.lastname@example.org
NEORIS Announces Creation of Innovation Labs Worldwide to Create a Smarter Future19.7.2018 15:32 | Pressemelding
NEORIS, a global digital consulting services company, announced today it is consolidating the most innovative solutions it has developed in different geographies and allocating unprecedented resources to deploy a network of Innovation Labs worldwide. The main objective is to lay the foundation for the continuous development of disruptive solutions for its four core industries: Manufacturing, Financial Services, Healthcare and Telecommunications. Due to its disruptive nature, NEORIS decided that its first Innovation Lab should be housed in the Monterrey Digital Hub, which today is the first-of-its-kind as it is a space where entrepreneurs, companies, universities and investors converge to foster an ecosystem for Digital Transformation. The lab inaugurated in Monterrey, Mexico is the first of a series of Innovation Labs that will open in the different countries that NEORIS operates, and is a space where customers can experience emerging technologies through real-life scenarios. One such