CIO Review has chosen Ultriva for its 20 Most Promising Manufacturing Technology Solution Providers. The positioning is based on Ultriva’s solutions that help manage the supply chain and improve the inventory velocity of leading industrial manufacturing, healthcare, aerospace and logistics firms.
The annual list of companies is selected by a panel of experts and members of CIO Review’s editorial board to recognize and promote technology entrepreneurship. “Ultriva, has been on our radar for some time now for stirring a revolution in the manufacturing space, and we are happy to showcase them this year due to their continuing excellence in delivering top-notch technology-driven solutions,” said Harvi Sachar, Publisher and Founder, CIO Review. “Ultriva’s solutions continued to break new ground within the past year benefiting its customers around the globe, and we’re excited to have them featured on our top companies list.”
Here is the excerpt from the October Issue of CIO review:
The global manufacturing industry is witnessing a state of notable flux. After years of being a damper in economic growth, manufacturing is now seen as the reviving potion to the adverse residues left behind by the financial services sector. While manufacturing in advanced economies, succumbed to outsourcing a few years ago, the manufacturing activity in the U.S. is poised for a comeback. The manufacturing shift to the east is fast getting retraced, as production units are now preferred closer to the home country rather than an offshore location. Manufacturers in the west have moved up the value chain to concentrate on more technically advanced industries or products and in the process have also become leaner. In the second quarter of 2014 manufacturing productivity in the U.S. increased by 3.3 percent, according to the Bureau of Labor Statistics (U.S.).
Innovative manufacturing, whether it is investment in research and development, improving back office or sales and marketing operations is seen as the key factor driving global competitiveness in manufacturing companies. It has dawned on several countries that competitive manufacturing is the nucleus of an economy because of the vital role it plays in the country’s long-term prosperity. It creates skilled jobs generates revenues in the form of exports and investments. It also plays a pivotal role in terms of its contribution to the physical infrastructure of an economy.
The global competitive landscape for manufacturing will eventually restructure the drivers of economic development; pave a way for high value job creation, innovation, and sustainable growth.
In this edition of CIO Review, we bring to you “20 Most Promising Manufacturing Technology Solution Providers 2014” and “20 Most Promising Manufacturing Consulting Providers,” featuring the best solution and consulting providers offering technology and services to the manufacturing industry.
The companies listed here showcase extensive business knowledge and innovative strategies combined with talent base across locations.
A distinguished panel comprising of CEOs, CIOs, CMOs, VCs, analysts and the CIO Review editorial board has selected top players from over thousand companies. The listing provides a look into how manufacturing solutions work in the real world, so that you can gain a comprehensive understanding of what technologies are available, which are right for you, and how they shape up against the competition.
About CIO Review:
CIO Review constantly endeavors to identify “The Best” in a variety of areas important to tech business. Through nominations and consultations with industry leaders, our editors choose the best in different domains.
To see the article in its entirety, please go to the CIO Review Manufacturing Special Edition. To check out Ultriva’s supply chain execution solutions and see how easily it can integrate with your existing ERP, schedule your own demo.