Gartner mentions FarEye in the 2018 Hype Cycle For Multi-Enterprise Solutions

New Delhi, 26 December 2018 - FarEye, a technology solution to run eCommerce and supply chain logistics operations has been mentioned as a sample vendor in Gartner’s recent Hype Cycle report for Multienterprise Solutions under the Global Logistics Visibility technology which was published on 13 December 2018. Gartner has mentioned FarEye in four other researches for its real-time visibility platform. Therefore, this mention is the fifth one.

As per Gartner’s report, the multienterprise solutions market is undergoing a new wave of hype mostly driven by new options such as blockchain-enabled platforms. The rise of digital business and interest in blockchain-enabled platforms fuel renewed interest in multienterprise solutions. Digitalizing multienterprise processes delivers improvements in agility, visibility, scalability and profitability across a wide array of application and supply chain domains.

The Hype Cycle lists FarEye, among sample vendors for Global Logistics Visibility technology. FarEye enables companies to monitor international logistics events across an entire multileg shipment itinerary to detect event-driven problems early enough to notify recipients and address possible threats. It also offers mobile device integration that allows the capture of geographical and/or conditional information in real time for increased end-to-end visibility. “As these platforms and applications mature, they're being used in conjunction with other visibility systems covering other modes of transportation or geographies to form what is called the Network of Networks”, Gartner cited.