PLEASANTON, Calif., Jan. 05, 2016 (GLOBE NEWSWIRE) -- Steelwedge, a provider of cloud-based planning solutions and services that inform better decision-making for global organizations, today announced that telecommunications leader Radisys® Corporation has selected PlanStreaming™, a planning platform that utilizes modern consumer-grade data, logic, analytics and processing technology to accelerate decisions through fast, continuous planning across all time horizons and levels of complexity. The PlanStreaming cloud collaboratively and continuously manages planning across product, sales, demand, supply, strategy, operations, supply chain and financial roles, as well as optimizes responses to any imbalances in supply and demand that may occur despite optimal proactive planning.
“The telecommunications space moves very, very fast, and in competitive situations you have to be the first to respond,” said Lisa Aleman, senior director, Embedded Products Global Operations for Radisys Corporation. “To me, planning is the heart and soul of that capability—being able to anticipate change and act quickly within multiple environments.”
PlanStreaming enables demand and supply sensing, collaboration, event management, and advanced analytics – descriptive, diagnostic, predictive and prescriptive – to anticipate the market environment and help organizations plan accordingly. PlanStreaming prepares organizations to be “ready to act” in constantly changing supply and market conditions.
“PlanStreaming will help us cover the whole gamut of supply chain, not just from the time that we forecast but all the way through the chain—from how we put the supply and demand elements together, to how we rack and stack the prioritization scheme, to how we deliver value to our customers,” continued Aleman.
The PlanStreaming platform includes modules for Product Planning, Sales Planning, Supply Chain Planning (including demand management, supply management, and demand/supply balancing), Revenue & Margin Planning, Supply Chain Visibility and Integrated Business Planning.
“Radisys is an innovative player in the high-technology business-to-business space, and has mastered a global network of suppliers, manufacturers and customers to optimize both responsiveness and solution value,” said Pervinder Johar, Steelwedge chief executive officer. “Operating on our PlanStreaming platform will enable Radisys to further accelerate these advantages, in addition to co-innovating with our team to create new methods for both proactive planning and strategic responsiveness to further accelerate lead times, reduce costs and maximize value,” he added.
Organizations use Steelwedge’s cloud planning platform and services to align product, sales, demand, supply, strategy, operations and financial decisions across roles, geographies, products, time horizons, channels, customers and suppliers to improve efficiency and outcomes. Steelwedge’s PlanStreaming cloud combines predictive, prescriptive and responsive analytics and technology to equip organizations to be ready to act in time with opportunity, especially in highly competitive markets where continuous planning is essential and efficiently responding to changing conditions is advantageous. Named a leader in the Gartner 2015 Sales and Operations Planning Magic Quadrant, Steelwedge is headquartered in Pleasanton, California. To view a copy of the report, go to 2015 Magic Quadrant for Sales & Operations Planning System of Differentiation. For more information on Steelwedge, visit www.steelwedge.com.