Saturday, November 23, 2024

Pando.ai is recognized by Gartner® in the 2024 International Context of Magic Quadrant™ for Transportation Management Systems, Amidst Record Growth in North America and Asia Pacific

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The leading provider of logistics AI for Fortune 1000 enterprises is experiencing hyper-growth in the North American & European markets, and this momentum is fueled by recent industry recognitions, high-profile customer wins, and a proven track record of delivering significant value.

Pando’s AI-powered, no-code platform helps manufacturers & retailers to drive agility across their supply chain execution & has customers across the US, Europe, & Asia Pacific. Pando’s innovative approach to logistics technology has earned the recognition of top analyst firms and won customers praise for its ability to deliver faster value realization.

Supply chain disruptions are the new normal. Geo-political tensions, freight rate volatility, and consumer & shareholder expectations on sustainable practices, have all caused supply chain leaders to rethink their technology needs. AI is fundamentally changing the people-technology relationship in supply chain management – processes like freight sourcing, transportation planning & execution, rate management & forecasting, and freight audit & payment, which used to be labour-intensive, are now getting automated. Automation through AI has become imperative in building an anti-fragile supply chain.

Also Read: Axion Ray Announces $17.5 Million in Series A Funding Led by Bessemer Venture Partners

Gartner recognizes Pando

Pando is recognized by Gartner as a Notable Vendor in the International & Asia/Pacific context of the 2024 Magic Quadrant for Transportation Management Systems (TMS). This is in continuation to the 2023 recognition in the Gartner Market Guide for Multi-enterprise Collaboration Networks.

“At Pando, we have always been customer-first in our approach to build a networked and unified platform to solve global logistics challenges,” says Nitin Jayakrishnan, co-founder & CEO of Pando. “Being recognized by Gartner is an incredible honor. We believe it validates our commitment to empowering businesses to optimize and automate their supply chains thereby achieving significant competitive advantage. We are grateful to our forward-thinking customers and partners and proud of our global teams. We are at a pivotal moment in supply chain technology, where AI-native tools, configurable without code, that leverage data from across enterprises will win in the marketplace. As the logistics AI market continues to mature in North America and Europe, and increasingly across APAC, companies are realizing the significant value that AI-led automation can bring to both top-line and bottom-line. From controlling logistics costs, reducing carbon footprints, to fundamentally changing business models with premium customer experiences and launching new go-to-market channels, Pando is being recognized as the foundational platform for the next-generation of supply chains.”

Inspire Brands trusts Pando

Inspire Brands, the second-largest quick-service restaurant company in the US with over 32,000 restaurants under iconic brands like Arby’s, Sonic, Dunkin’ Donuts, Baskin RobbinsJimmy Johns, & Buffalo Wild Wings, has transformed its supply chain with Pando. Pando will empower the “Inspire Digital Platform,” serving as the foundation for all digital supply chain capabilities across their vast restaurant network.

Pando‘s platform provides the end-to-end freight spend visibility, real-time analytics, predictive intelligence and collaborative automation through its AI tools, to optimize our logistics operations,” says Christopher Held, Chief Supply Chain Officer at Inspire Brands. “These AI tools complement our supply chain team, so they are able to do more and have a greater impact than before.”

SOURCE: PRNewswire

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