FarEye, a technology solution to run eCommerce and supply chain logistics operations has been mentioned as a representative vendor in Gartner’s recent Market Guide for Real-Time Visibility Providers(1), which was published on 27 November 2018. This also marks the fourth mention of FarEye by Gartner for its real-time visibility platform.
According to Gartner’s 2017 Supply Chain Technology User Wants and Needs Survey, visibility ranks as the highest priority initiative in the supply chain (1). Commercial customers and consumers continue to have increasing demands around real-time visibility to their orders and shipments driven by the “Amazon effect”.
“FarEye allows businesses to build logistics applications that provide real-time visibility, vehicle routing, and scheduling capabilities and a bidding platform for tenders and benchmarking. FarEye’s approach is not to offer standard applications but to build logistics applications with a simple ‘Drag&Drop’ feature, enabling enterprises to reduce time to build new delivery processes.
FarEye Transportation offers digital ecosystems that connect all freight logistics stakeholders on one platform, fostering collaboration and transparency. Their technology is being used by companies in the 3PL, postal, CPG, metal, mining, cement, automotive and retail industries,” Gartner cites.
“We feel honoured to receive the recognition in the Market Guide for Real-Time Visibility Providers. We view Gartner mentions as testaments to the value we bring in our solutions, which empower our customers with the insights and efficiencies they need to compete in the global market. We built FarEye with a vision to provide technology for predictable logistics and we are zealous towards enabling efficient and reliable logistics using data, intelligence & automation. As the operating system for logistics, FarEye gives businesses the capability to build new products quickly, change existing products thus increasing revenue streams & improving efficiency,” says Kushal Nahata, CEO & Co-founder, FarEye.
This Gartner Market Guide lists a total of 20 representative vendors that have been determined based on the number of customers. Relevance in the market is determined by revenue, the number of customers, as well as the volume of inquiries and requests that Gartner receives on these vendors and their solutions.