E2open (NASDAQ: EOPN), a leading provider of strategic, cloud-based solutions for collaborative execution across global trading networks, today announced that the E2open Business Network has surpassed 100,000 unique registered users and has grown 25 percent since this time a year ago. The E2open Business Network allows participants to securely access and share information and to perform business processes with external parties in real time to coordinate their key supply chain-related functions. As the number of network users grows, business value increases for current and future participants who are able to leverage existing connections quickly and affordably.
“The growth of the E2open Business Network, across a diverse set of industries, translates into increased value for all of our network participants,” said Mark Woodward, President and CEO, E2open. “By providing solutions in an integrated, cloud-based environment, we enable our customers and their trading partners to quickly and easily share content and data to gain the visibility needed to effectively manage exceptions across their extended trading networks.”
Unlike traditional B2B or connectivity solutions, The E2open Business Network offers a secure, cloud-based platform that facilitates partner integration and process orchestration with the flexibility and scalability of the cloud. E2open Business Network users have access to real-time, cross-network data flows, providing them with predictive visibility and information exchange.
The E2open Business Network is the only community of its kind to facilitate multi-enterprise, multi-tier process management and collaborative execution across both supply- and demand-side operations for direct materials and finished goods. The unique combination of E2open’s cloud-based software applications, the content contributed by its network participants, and its enabling services is what defines the E2open Business Network. Cross-network analytics enable users to manage large volumes of data in real time in order to resolve disruptions and capitalize on opportunities in the extended trading network.
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