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E2open Parent Holdings, Inc. (symbol: ETWO) is a leading provider of cloud-based, on-demand software solutions designed to optimize supply chain management across global trading networks. The company offers a comprehensive end-to-end SaaS platform that integrates networks, data, and applications, empowering enterprises to efficiently procure, manufacture, sell, and distribute products. E2open's platform leverages real-time information, integrated business processes, and advanced analytics to provide deep visibility and control over trading networks.
E2open serves a diverse range of industries and boasts an impressive client list that includes major corporations such as Avnet, Celestica, Cisco, HP, IBM, Lenovo, L'Oréal, Motorola Solutions, Seagate, and Vodafone. The company operates primarily in the Americas but also has a significant presence in Europe and the Asia Pacific regions.
Recent achievements for E2open include strategic partnerships and continuous enhancements to its software solutions. The company's relentless focus on innovation and customer-centric approach has solidified its position as a key player in the supply chain management sector.
E2open's cloud-based platform supports a wide array of functionalities, including channel shaping, business planning, logistics, trade, manufacturing, and supply management. By combining these capabilities, E2open enables enterprises to streamline their operations, enhance efficiency, and drive business growth.
With a commitment to delivering value through technological excellence, E2open continues to invest in research and development to stay ahead of industry trends and meet the evolving needs of its customers. The company's financial health is robust, supported by a strong revenue stream and strategic investments aimed at scaling operations further.
Stay updated with the latest news and developments about E2open by visiting their official website or following their news releases. E2open remains dedicated to transforming supply chain management through innovative solutions and superior service.
E2open Parent Holdings, Inc. (NYSE: ETWO) has launched its fourth-quarter technology update, featuring two new applications: Supply Sensing and Global Logistics Orchestration. These tools aim to enhance supply chain management by predicting supply shortages and assessing the impact of shipping delays. The update introduces advanced analytics for better decision-making in volatile market conditions, helping clients mitigate risk and improve operational efficiency. Additional enhancements include improved marketing investment planning and new functionalities for global trade management.
E2open Parent Holdings (NYSE: ETWO) is expanding its partnership with Jaguar Land Rover to enhance their digital supply chain. The collaboration, first initiated four years ago, has successfully implemented a multi-enterprise inventory optimization strategy, doubling Jaguar Land Rover's value expectations. As Jaguar Land Rover pursues its 'Reimagine' strategy for sustainability and electrification, E2open’s platform will facilitate a more connected and efficient supply chain. E2open's CEO, Michael Farlekas, commended Jaguar Land Rover for adapting to industry challenges, including semiconductor shortages.
E2open Parent Holdings, Inc. (NYSE: ETWO), a provider of cloud-based supply chain management solutions, announced its participation in two investor events in December 2021. CEO Michael Farlekas and CFO Jarett Janik will present at the Raymond James Technology Investors Conference on December 6, 2021, at 9:40 a.m. ET, and at the UBS Global TMT Virtual Conference on December 8, 2021, at 1:00 p.m. ET. Both presentations will be webcast live and archived on the company's investor relations website.
E2open Parent Holdings (NYSE: ETWO) has released a quarterly report detailing ocean shipment delivery times across major trade lanes. The report indicates that overall lead times have increased, with shipments taking an average of 12 more days than the previous year, a 23% rise. Significant contributing factors include a 43% increase in the time from booking to gate and a 36% rise in ocean transit time. The report aims to assist shippers in making informed decisions to mitigate risks and improve supply chain efficiency.
E2open Parent Holdings, Inc. (NYSE: ETWO), a leader in cloud-based supply chain management, will participate in two investor events. CEO Michael Farlekas and CFO Jarett Janik will present at the UBS Emerging SMID CAP Mini Conference on November 3, 2021, at 4:00 p.m. ET, and at the Credit Suisse 25th Annual Technology Conference in Scottsdale, AZ, on November 30, 2021, at 10:40 a.m. MT. Both events will be webcast live, with archived presentations available on the company's investor relations website.
E2open Parent Holdings, Inc. (NYSE: ETWO) reported strong fiscal second quarter 2022 results, achieving organic growth a quarter early with total GAAP revenue of $78.1 million, down 4.6% year-over-year, while non-GAAP revenue grew by 12.8% to $92.3 million. Subscription revenue saw a 10.6% decline in GAAP terms but rose 10% non-GAAP. Gross profit decreased 25.4% to $38.5 million, with adjusted EBITDA increasing 28.1% to $33.5 million. The company reaffirmed revenue guidance and raised its adjusted EBITDA outlook for the fiscal year.
E2open Parent Holdings (NYSE: ETWO) has released its inaugural 2021 Environmental, Social, and Governance (ESG) report, emphasizing its commitment to sustainability in supply chain management. CEO Michael Farlekas highlighted the report's focus on how E2open aids companies in accelerating growth while minimizing costs and environmental impact. The report discusses initiatives aimed at enhancing supply chain visibility, promoting employee well-being, and ensuring ethical governance. Full details can be found in the report on their website.
E2open Parent Holdings, Inc (NYSE: ETWO) released its 10th annual Forecasting and Inventory Benchmark Study, assessing supply chain impacts during the pandemic. The study highlights a new, lower baseline performance in business, exacerbated by increased demand planning errors—up over 20%—and service levels dropping from 99% to 83%. However, leveraging AI and real-time data significantly improved forecasting accuracy, reducing errors by 32% and increasing the value from planning investments six-fold. The report emphasizes the need for companies to adapt to ongoing challenges and enhance resilience in their supply chains.
E2open (NYSE: ETWO) has been recognized as a Leader in the 2021 Nucleus Control Tower Value Matrix by Nucleus Research, improving its position for usability and maintaining top functionality for three consecutive years. This recognition reflects E2open's extensive collaborative network and comprehensive suite of applications designed for supply chain management. The report emphasizes the pressing need for real-time data solutions to address supply chain disruptions, a key market trend in 2021.
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