ARC Advisory Group Names Descartes the Leading Global Supplier of Transportation Management Systems
WATERLOO, Ontario, Canada – September 7, 2011 - Descartes Systems Group (TSX: DSG) (NASDAQ: DSGX) announced that ARC Advisory Group, a leading industry analyst firm, named Descartes as the leading global supplier of transportation management systems (TMS) in its 2011 benchmark report, Transportation Management Systems Worldwide Outlook - Market Analysis and Forecast through 2015.
ARC’s report holistically defines TMS as follows:
“A transportation management system (TMS) helps companies efficiently, reliably, and cost effectively move freight from origin to destination. TMS encompasses solutions for moving freight in all modes and also includes intermodal movements. The TMS processes include freight transported inbound or outbound, domestically or internationally, and using transportation assets the company owns or are owned by an outside service provider.”
Based on total revenues, Descartes is ranked as the overall global TMS market leader. Descartes is also ranked as a leader in other key categories, including the following:
- #1 in Leading Suppliers in North America;
- #1 in Leading Suppliers to Third Party Logistics Providers;
- #2 in Leading Suppliers of SaaS or Hosting Services;
- #2 in Leading Suppliers of Fleet Management; and
- #3 in Leading Suppliers in Europe, Middle East & Africa.
In order to eliminate inefficiencies and reduce complexity, businesses are increasingly taking a more holistic view of their logistics operations. “Transportation is inherently a multi-partner collaborative endeavor,” said Steve Banker, Service Director, ARC Advisory Group. “A key strategy for success is to ‘leverage the network’. Network-based SaaS solutions, such as Descartes’, can deliver accelerated time-to-value by enabling inter-enterprise processes so that customers can address their entire transportation management process spanning procurement, planning and optimization, electronic information exchange with trading partners, compliance and advance shipment notice to governmental authorities, freight audit and settlement, visibility and performance management.”
Since ARC’s report was written, Descartes expanded its fleet management capabilities with the addition of real-time telematics functionality by acquiring Telargo. Steve Banker added, “As we mentioned in the report, in the fleet management market segment of TMS, real-time telematics sensor data is helping to close the chasm that often exists between planning and execution for private fleet operations. Today, organizations are better able to holistically plan, track and evaluate actual performance by leveraging the convergence of routing, mobile and telematics solutions.”
“Our customers choose Descartes because our logistics technology platform provides the breadth of TMS capabilities they need and the logistics focused network to connect them to their trading partners,” said Ed Ryan, Chief Commercial Officer, Descartes. “Our customers also want modular and interoperable TMS solutions that allow them to start in a focused area and then expand as their needs do. This helps reduce costs and complexity while improving the agility, profitability, security and sustainability of their logistics operations. We would like to thank our customers around the world for helping us to achieve the #1 position.”
About ARC Advisory Group
Founded in 1986, ARC Advisory Group has grown to become the Thought Leader in Manufacturing and Supply Chain solutions. For even your most complex business issues, our analysts have the expert industry knowledge and firsthand experience to help you find the best answer. We focus on simple, yet critical goals: improving your return on assets, operational performance, total cost of ownership, project time-to-benefit, and shareholder value.
About Descartes
Descartes (TSX: DSG) (NASDAQ: DSGX) is a global leader in logistics technology, providing Global Trade Compliance, Supply Chain Execution and Mobile Resource Management services. Enabling these services is The Global Logistics Network (GLN), the world’s most extensive multi-modal business network with over 35,000 trading partners connected. The GLN and its services unite global and local businesses and trading partners, allowing them to connect and collaborate in a cost effective way and maximize their productivity and efficiency. GLN members include ground carriers, airlines, ocean carriers, freight forwarders, third-party providers of logistics services customs house brokers, freight payment agencies, manufacturers, retailers, distributors, mobile services providers and regulatory agencies. Descartes is headquartered in Waterloo, Ontario, Canada and has offices in North America, EMEA and Asia-Pacific. More information and industry updates are available at http://www.descartes.com and http://blog.descartes.com.