Oracle has been named a Leader in Gartner's 2019 "Magic Quadrant for Manufacturing Execution Systems" report.
Out of 16 companies evaluated, Oracle is positioned as a Leader based on its completeness of vision and ability to execute for its Oracle manufacturing cloud–part of Oracle Supply Chain Management (SCM) Cloud.
"Manufacturing organizations are increasingly seeking solutions that extract additional value from manufacturing operations through increased efficiency and reduced costs," said Andy Binsley, vice president, Manufacturing and ALM Strategy, Oracle.
"They would also like to do that on the cloud. To help our customers achieve these twin goals, we have integrated artificial intelligence, machine learning and Internet of Things capabilities within Oracle Supply Chain Management Cloud," he added.
"We are pleased to be acknowledged as a Leader for manufacturing execution systems (MES) by Gartner, and see this recognition as a testament to our success in delivering business value to manufacturing organizations, and doing so on the cloud," Andy Binsley further said.
Gartner estimates, 50% of MES solutions, by 2024, will include industrial IoT (IIoT) platforms synchronized with microservices-based manufacturing operations management (MOM) apps, providing near-real-time transaction management, control, data collection and analytics.
With Oracle SCM Cloud, Oracle provides a suite of supply chain cloud applications that enable businesses, including manufacturers, to manage their supply chains with the scale, security, innovation, and agility that today's markets require.