WATERLOO, Ontario, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that ARC Advisory Group, a leading industry analyst firm, identified Descartes as the leading global provider, based on 2012 revenues, of software-as-a-service (SaaS)-based transportation management systems (TMS) in its benchmark report, Transportation Management Systems Global Market Research Study — Market Analysis and Forecast Through 2017.
The ARC report holistically defines TMS as: "A transportation management system (TMS) helps companies efficiently, reliably, and cost effectively move freight from origin to destination."
ARC research indicates that Descartes is ranked as a leader (based on 2012 revenues) in several other key categories, including the following:
- #2 Retail market provider of TMS solutions
- #2 Wholesale/distribution provider of TMS solutions
- #3 North American provider of TMS solutions
- #3 EMEA provider of TMS solutions
- #4 global provider of TMS solutions
More than ever, successfully managing transportation and logistics operations is dependent upon the effective collaboration of multiple parties across a broad range of functional areas. "Cloud-based solutions are a natural fit for these types of business problems and we expect this part of the market to grow faster than on-premise solutions for the next five years," said Steve Banker, Service Director, Supply Chain Management at ARC Advisory Group. "The strength of the Descartes solution set is that it is a broad, end-to-end vision of logistics based on an electronic platform supporting planning and execution, MRM, and global trade compliance."
Since ARC completed the study, Descartes expanded its TMS capabilities through the acquisition of KSD Software, the leading provider of TMS and global trade management (GTM) solutions in Scandinavia. KSD brings to Descartes significant domain expertise and local support for the Scandinavian market.
"Our focus on network-based SaaS and cloud solutions, embodied in the Descartes Logistics Technology Platform, has allowed us to provide our customers with the solutions they need to help efficiently, effectively and securely manage their movement of goods," said Edward Ryan, Chief Commercial Officer at Descartes. "Our SaaS model and established community of logistics participants helps customers achieve results at a significantly faster pace than traditional solution providers and at a much lower total cost of ownership. Our strong global presence helps address the broader range of challenges our customers face and provides them with the local knowledge and support required to make them successful."
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading market research and advisory firm for industry and infrastructure. Business and IT executives around the world depend on ARC for coverage of technology from automation and business systems to product and asset lifecycle management, supply chain management, logistics, operations management, controls and control elements. ARC is the "go-to" market research and technology analysis firm for their companies.
Descartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes has over 147,000 parties using its cloud based services. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com
CONTACT: Descartes' Media Contact Mavi Silveira +1(800) 419-8495 ext. 202416 [email protected]