{"id":477805,"date":"2021-04-19T07:33:12","date_gmt":"2021-04-19T11:33:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-named-a-leader-in-the-2021-gartner-magic-quadrant-for-real-time-transportation-visibility-platforms\/"},"modified":"2021-04-19T07:33:12","modified_gmt":"2021-04-19T11:33:12","slug":"fourkites-named-a-leader-in-the-2021-gartner-magic-quadrant-for-real-time-transportation-visibility-platforms","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-named-a-leader-in-the-2021-gartner-magic-quadrant-for-real-time-transportation-visibility-platforms\/","title":{"rendered":"FourKites Named A Leader in the 2021 Gartner Magic Quadrant for\u00a0Real-Time Transportation Visibility Platforms"},"content":{"rendered":"

\nFourKites placed furthest in Completeness of Vision, having been evaluated based on market understanding, business model, vertical\/industry strategy and other criteria
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CHICAGO, April 19, 2021 (GLOBE NEWSWIRE) — FourKites<\/u><\/a>, the #1 real-time supply chain visibility platform, today announced that it was named a Leader in the 2021 Gartner Magic Quadrant for Real-Time Transportation Visibility Platforms<\/u><\/a>1<\/sup>. Out of 14 vendors evaluated, FourKites was the only company positioned in the Leaders quadrant with the highest Completeness of Vision.<\/p>\n

FourKites\u00ae<\/sup> pioneered real-time transportation visibility<\/u><\/a> in 2014, and is now leading the industry into a new era where global supply chains are powered and optimized by real-time visibility data and machine learning. Recognized as a \u201ccompany of firsts,\u201d FourKites delivered more than 120 new products and features<\/u><\/a> in 2020 alone, including a number of industry-firsts such as multimodal end-to-end purchase order tracking<\/u><\/a>; Appointment Manager<\/u><\/a>SM<\/u><\/sup><\/a>, an automated appointment scheduling platform for facilities, shippers and carriers; a new software category \u2014 Dynamic Yard<\/u><\/a>\u00ae<\/u><\/sup><\/a> \u2014 that extends visibility into warehouses and yards; and Dynamic Ocean<\/u><\/a>SM<\/u><\/sup><\/a>, a next-generation international ocean visibility solution that encompasses advanced document management capabilities, robust collaboration features and support for bookings, with superior end-to-end real-time tracking.<\/p>\n

Through its recent $100 million Series D<\/u><\/a> financing round, led by Thomas H. Lee Partners, L.P., with strategic investors including Qualcomm Ventures, LLC, Volvo Group Venture Capital AB and Zebra Technologies, FourKites is now poised to fuel a broader vision for the future of digital supply chains \u2014 one that connects the physical and digital worlds of warehouses, stores and transportation to enable true end-to-end visibility and unlock tremendous value for the entire ecosystem fueling even greater automation and collaboration.<\/p>\n

\u201cFourKites\u2019 recognition as a Leader in the Gartner Magic Quadrant follows a year of record growth, momentum and technological innovation, driven in close collaboration with customers,\u201d said Mathew Elenjickal, founder and CEO of FourKites. \u201cThis is a testament to the value we continue to bring to our customers, and recognition of our vision for the future of supply chain management and automation \u2014 one that focuses on eliminating barriers across supply chains and delivering true, end-to-end global supply chain visibility<\/u><\/a>.\u201d<\/p>\n

Collaboration with the world\u2019s largest shippers continues to play a critical part in FourKites\u2019 technology roadmap, as together with its customers FourKites innovates and delivers solutions that address the industry\u2019s most pressing needs. In the last year alone, FourKites released the industry\u2019s first end-to-end purchase order lifecycle tracking solution<\/u><\/a>, which was developed in conjunction with Meijer, one of the largest food retailers and wholesalers in the country. In addition, FourKites partnered with Cardinal Health<\/u><\/a> to build a cognitive supply chain and serve as the company\u2019s central data hub to create a fast, reliable and frictionless experience for the 29,000 pharmacies and nearly 90 percent of American hospitals that depend upon Cardinal Health for critical supplies.<\/p>\n

\u201cDelivery of healthcare products directly impacts patients, and ensuring these products reach their destinations on time and in full has never been more critical. This type of transparency helps build trust in the connection between the Cardinal Health supply chain and our customers,\u201d said Sean Halligan, Senior Vice President of Pharmaceutical Operations at Cardinal Health. \u201cBy partnering with FourKites, we will have end-to-end visibility to see products in transit and make any necessary adjustments to provide a frictionless experience to our customers everywhere and help them better serve their patients.\u201d<\/p>\n

Today, the FourKites platform tracks more than 2 million shipments per day<\/u><\/a> for some of the world\u2019s largest companies including Coca-Cola, Dow, Eastman, PetSmart, The Michaels Companies, Land O\u2019Lakes, AB InBev, Constellation Brands and 3M. FourKites saw demand for its superior network of logistics tracking data and proprietary machine learning technology surge in 2020, as evidenced by record global growth in new shipping customers across all major verticals. In 2020, FourKites saw:<\/p>\n