FarEye makes it to the Gartner’s Hype Cycle report

FarEye announced that it 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.

Kushal Nahata, Co-founder & CEO at FarEye

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.

“We feel honoured to receive the recognition in the Hype Cycle for Multienterprise Solutions. We view Gartner mentions as testaments to the value we bring in our solutions. We built FarEye with a vision to provide technology for predictable logistics and we are zealous towards enabling efficient and reliable logistics using data, intelligence & automation. We will continue to empower our customers with the insights and efficiencies they need to compete in the global market.” says Kushal Nahata, CEO & Co- founder, FarEye.