i2 Unveils Comprehensive Suite of Value Chain Solutionsi2's enhanced solutions streamline how companies do business with their customers, suppliers and supply chain partners, creating significant measurable value
BUSINESS WIRE - January 16, 2001 18:45
DALLAS, Jan 16, 2001 (BUSINESS WIRE) -- i2 Technologies Inc. (Nasdaq:ITWO), the leading provider of supply chain and marketplace solutions, today announced the availability of an entire suite of solutions designed to optimize each phase of the supply chain to transform the way companies do business in the new economy. The solutions enable companies to streamline and transform all key business processes in their value chain - including customer relationship management, supply chain management and supplier relationship management. i2's collaborative solution suites are supported by the i2 TradeMatrix Platform(TM), which integrates the solutions and provides transaction automation. In addition, the solution suites leverage i2 content, which enables the discovery and comparison of products from thousands of suppliers, along with catalog publishing and management.
"The suite of value chain solutions i2 is announcing will further enhance the end-to-end solution Caterpillar envisioned when we set-out to create a strategic alliance with i2," said Mike Hackerson, director e-business, Caterpillar, Inc. "We believe this new solution set will further contribute to cost reductions that Caterpillar is committed to realizing over the next three years as part of the i2 and Caterpillar strategic alliance."
i2's solution footprint includes three decision support solution suites (Supplier Relationship Management, Supply Chain Management and Customer Relationship Management), i2 TradeMatrix Platform, content from i2's Infinite Content division, and i2 TradeMatrix Network Services(TM).
-- Supplier Relationship Management (SRM) streamlines interactions with suppliers enabling strategic sourcing and design. The integrated suite includes design, sourcing and procurement capabilities that enable companies and their suppliers to collaboratively create and launch better products, faster, and at lower cost.
-- Supply Chain Management (SCM) provides visibility throughout
the supply chain for optimized planning, resulting in reduced
inventory across the entire supply chain and more timely
delivery of products.
-- Customer Relationship Management (CRM) allows a company to
present a single face to customers through every touch point
in the organization by optimizing marketing, sales,
fulfillment and service business processes across the demand
chain.
-- TradeMatrix Platform enables seamless integration between
business partners, marketplaces and disparate systems. It
provides a framework, user interfaces and workflows for
decision support, transaction management, collaboration and
security.
-- Content from i2's Infinite Content division provides content
management and publishing capabilities for products and
suppliers in all major industries, as well as custom database
development for enterprises and e-marketplaces.
-- TradeMatrix Network offers a number of services to support
e-business solutions and functions. These network-based common
services for public and private services include content,
connectivity, collaboration and commerce.
The solution suites represent a major expansion and integration of i2's product line, which already has delivered more than $16 billion in value to customers through inventory reduction, better decision making, streamlined operations, cost savings and improved customer service.
"To achieve real value, businesses must optimize interactions between functions within their own company as well as interactions with outside organizations including suppliers and customers," said Katrina Roche, i2 senior vice president and chief marketing officer. "It's in the handoff of information between organizations where the true value lies. No one else in the industry is offering as broad a footprint or is backing up their solutions with the technology platform and range of content i2 offers."
i2's solution suites pull together information from throughout a company, as well as from suppliers and customers to provide a global view of what a company is buying, making and selling. The solutions go beyond automating transactions to ensuring that the right transactions are made in the first place, from choosing what products to make and which supplies to use in making them, to finding the best ways to get products to customers. These new solutions have been integrated to provide the maximum value to customers - and are designed to enable i2 to reach its mission of providing at least $75 billion in value to its customers by 2005.
"The new economy is about transforming business processes through e-commerce," said Lisa Williams, Program Manager, B2B eCommerce, The Yankee Group. "By providing such a comprehensive range of solutions, i2 is driving this transformation to a new economy."
About i2
i2 is creating real value for its global e-business customers through its i2 TradeMatrix solutions, content, and marketplace platform. i2 TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2's mission is to deliver $75 billion in value to its customers by 2005. i2 is headquartered in Dallas, has more than 5,600 employees and maintains offices worldwide. Visit i2's Web site at i2.com.
i2 is a registered trademark of i2 Technologies, Inc. i2 TradeMatrix, i2 TradeMatrix Platform, i2TradeMatrix Network Services, and the i2 logo design are trademarks of i2 Technologies, Inc.
i2 Cautionary Language
This press release may contain forward-looking statements that involve risks and uncertainties, including the customer's ability to implement i2 solutions successfully or to achieve benefits attributable to i2 products. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filing with the SEC, particularly the Form 10-K filed March 22, 2000 and Form 10-Q filed November 13, 2000. i2 assumes no obligation to update the forward-looking information contained in this news release.
Note to editors: i2 will be providing full details of the SRM suite on January 22, 2001.
CONTACT: i2 Technologies, Inc. Sue LaDow, 469/357-3027 susan_ladow@i2.com
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