- Acquisition Solidifies TAKE’s SaaS Platform-based Portfolio Expansion -
AUSTIN, Texas--(BUSINESS WIRE)--TAKE Supply Chain (formerly ClearOrbit), a leading provider of software solutions to power demand-driven value networks, today announced the acquisition of the product division of privately-held, Gardena, CA-based, EntComm. In April, the two companies partnered to combine TAKE’s supplier collaboration capabilities with EntComm’s software as a service (SaaS) commerce platform. The acquisition solidifies TAKE’s portfolio expansion of SaaS-based applications and leverages TAKE’s global presence across North America, the Middle East and Asia Pacific to provide immediate access to EntComm’s business process automation solutions.
EntComm’s solutions streamline supply chain collaboration and extend lean processes for companies across oil and gas, aerospace and defense and manufacturing industries. Customers use EntComm’s solutions to connect with thousands of their supply chain partners worldwide to procure goods and services. In the oil and gas industry, a community of over 20,000 suppliers use the EntComm platform to seamlessly conduct business online with their customers.
John Reece, president of TAKE Supply Chain, explained that initial plans focus on delivering a world-class enterprise collaboration solution. “Our clients have used TAKE Supply Chain’s solutions to cut hundreds of millions of dollars from their manufacturing and supply chain costs,” he said. “SaaS is beyond the tipping point. Companies are looking for software sold in a pay-as-you-go model that funds itself. The EntComm acquisition enables us to deliver the much sought-after value proposition that customers are seeking.”
“SaaS is a top priority for the line-of-business buyer who wants technology process enhancements, greater user adoption, and a low-cost option,” said Mickey North Rizza, research director at AMR Research. “TAKE Supply Chain has years of experience helping companies automate their supply networks. With EntComm powering the company’s transformation to SaaS, I anticipate that this will be a company to watch in the future.”
“EntComm has always focused on delivering world-class solutions that produce tangible results for industry leaders,” said Sundaresh Ramayya, EntComm’s president and CEO. “As customers continue to look for solutions that produce predictable business benefits across the globe, we believe that this partnership will deliver more for less. EntComm’s customers benefit from the increased scalability that this acquisition brings to EntComm’s R&D, product management and global delivery capabilities.”
EntComm will become a unit within TAKE Supply Chain, a division of Chennai, India-based TAKE Solutions. EntComm’s offshore operations will merge with TAKE Solutions’ global delivery center, located in Chennai.
EntComm’s software solutions and services enable businesses to rapidly automate and extend lean processes beyond their four walls into their supply chains by automating transactions with suppliers, customers, freight forwarders and other supply chain partners. The company’s customers include Global 2000 corporations, as well as small and medium businesses that integrate with thousands of their suppliers, customers and freight forwarders worldwide through EntComm’s ResonanceNet, an active network of industry-specific supply chain partners; EntComm’s solutions enables these companies to run mission-critical procurement, materials management and invoicing/approval functions. More information is available at www.entcomm.com.
About TAKE Supply Chain
Formerly known as ClearOrbit, TAKE Supply Chain's real-time supply chain execution solutions improve the speed, visibility, and control of extended manufacturing and distribution supply chains. Since 1994, Austin, Texas-based TAKE Supply Chain has assisted more than 450 clients in automating and controlling process execution within their extended supply networks. TAKE Supply Chain delivers on the promise of enterprise resource planning (ERP) systems such as those provided by SAP and Oracle with fully integrated supply chain mobility and collaboration solutions that address “last mile functionality” issues while complementing the existing infrastructure. TAKE Supply Chain customers include market leaders such as Alcoa, Canon, Cisco and Motorola. TAKE Supply Chain is a division of TAKE Solutions. For more information, visit www.takesupplychain.com.
About TAKE Solutions
TAKE Solutions is a technology-enabled Business Solutions company with recognized industry leadership in Microsoft-based Solutions, Regulated Life Sciences, and Supply Chain Management. TAKE Solutions has U.S. offices in Princeton, NJ, Research Triangle Park, NC, and Philadelphia, PA. TAKE Solutions conducts business today with hundreds of the world's largest companies. TAKE Solutions is SEI-CMMI Level 5 Certified, Microsoft Gold Certified, a member of the Microsoft Global BioIT Alliance and is a Registered CDISC Solution provider. TAKE Supply Chain is a division of TAKE Solutions. For more information about TAKE Solutions visit www.takesolutions.com.