E2open Announces Second Consecutive Quarter of Record Growth

AUSTIN, Texas, Oct. 17, 2016 /PRNewswire/ -- E2open, the world's largest Supply Chain Operating Network, today announces record subscription revenue growth, record profits, and a record number of new clients in the company's second quarter results, surpassing a record-breaking first quarter.

E2open also announced continued growth of its Supply Chain Operating network by over 5% in the first half of 2016. With more than 45,000 trading partners, 160,000 active users across 115 countries, and $250 Billion of annual spend, the network covers more than 37 million item categories and 20 million supply chain nodes. In order to meet the needs of these new customers and users, the company announced a substantial data center infrastructure expansion project in San Jose, CA and Chicago, IL.

Additionally, E2open revealed a strategic investment to enhance its User Interface and User Experience. In partnership with industry leader Projekt202, the result will provide a unified and modern experience for greater visibility and more powerful insights into the multi-enterprise supply chain.

"We're seeing industry leaders respond to the investment we're making in our company and solutions," said E2open CEO Michael Farlekas. "Our new user experience, data center expansion, and integration of Terra Technology and Orchestro mean we can deliver on the long-awaited promise of a Supply Chain Operating Network. We will continue to invest in solutions that drive improvement in the performance of complex, multi-enterprise supply chains," Farlekas continued.

About E2open
Founded in 2000, E2open provides the largest and most comprehensive Supply Chain Operating Network, including a broad suite of collaborative supply chain solutions. Leading global enterprises rely on E2open to provide greater end-to-end visibility, more accurate data and insights, and real-time business process orchestration across complex, multi-enterprise trading partner networks. For more information, visit www.e2open.com.

PR Contact
Kim Cook | AVP, Marketing | E2open | [email protected] | +1-512-425-3541

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

SOURCE E2open

Related Links

http://www.e2open.com