TIE Kinetix

April 10, 2014 09:03 ET

TIE Kinetix Recognized in Inaugural Gartner Magic Quadrant for Integration Brokerage

BURLINGTON, MA--(Marketwired - Apr 10, 2014) -  TIE Kinetix (EURONEXT AMSTERDAM: TIE), a software-as-a-service (SaaS) provider of integration brokerage, E-Commerce and channel marketing solutions, today announced that it has been positioned by Gartner, Inc. in the inaugural Gartner Magic Quadrant for Integration Brokerage (IB).(1) The recognition is based on completeness of vision and ability to execute.

Conducting business electronically requires fast and flexible information exchange amid a world of complex global standards, emerging technologies and cloud infrastructure. IB solutions are designed to address that challenge by facilitating real-time exchange for B2B E-Commerce and cloud services integration projects.

According to the report, "despite viable alternatives to IB, such as integration software or iPaaS, over one million companies worldwide leverage IB and providers report robust (typically exceeding 10%) year-to-year growth in the number of companies connected to and transacting on their networks. While most integration projects today have a center of gravity in North America or Western Europe, there is rapid adoption in Latin America (driven, in part, by e-invoicing government mandates) and the Asia/Pacific region (driven, in part, by IT modernization projects), which makes IB adoption a global phenomenon."

TIE Kinetix's deep experience and wide product offerings span the areas of integration brokerage, content management and B2B/B2C E-Commerce web optimization. This broad solution base enables the company to effectively connect and integrate major processes related to marketing, content management, sales, logistics and finance for its wide range of clients.

The TIE Kinetix Integration SaaS Platform helps to solve some of the most pressing challenges and priorities of businesses today:

  • Reducing the total cost of ownership for business processes throughout the supply and demand chain
  • Higher corporate performance - Increase of collaboration and business intelligence with partners, distributors, resellers, retailers and consumers
  • Reducing complexity - the increase of cloud service and technology providers has made the process of integration extremely challenging and costly
  • Driving new lines of revenue, brand awareness and sales conversion
  • Reduction of risk around core E-Commerce processes and conducting business over the internet

"Navigating the challenges of global electronic information exchange has become increasingly complex in recent years as the cloud has become more ubiquitous and distinct global markets have adapted varying standards, protocols and privacy laws," said Jan Sundelin, CEO, TIE Kinetix. "The growing importance of integration brokerage solutions is evidenced by the introduction of the first Gartner Magic Quadrant for Integration Brokerage. We believe TIE Kinetix's recognition in the quadrant speaks to our dedication to delivering scalable high-performing integration brokerage solutions for our clients across industries and geographies."

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About TIE Kinetix

TIE Kinetix transforms the digital supply chain by providing Total Integrated E-commerce solutions. These solutions maximize revenue opportunities by minimizing the energy required to market, sell, deliver and analyze online. Customers and partners of TIE Kinetix constantly benefit from innovative, field tested, state-of-the-art technologies, which are backed by over 25 years of experience and prestigious awards. TIE Kinetix makes technology to perform, so that customers and partners can focus on their core business.

TIE Kinetix is a public company (EURONEXT AMSTERDAM: TIE), and has offices in the United States, the Netherlands, France, Australia, UK, Spain, Germany, Austria and Switzerland. 

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(1) Gartner Magic Quadrant for Integration Brokerage by Benoit J. Lheureux, Paolo Malinverno, and Valentin T. Sribar, April 7, 2014.

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