Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Carmen Gonzalez, Pat Romanski, AppDynamics Blog, Roger Strukhoff

News Feed Item

Finally, Something New in Supply Chain

Elementum, the world's firs­­­t mobile platform for end-to-end supply chain management, emerges from stealth mode with more than $60M in funding and major customers.

MOUNTAIN VIEW, Calif., Feb. 4, 2014 /PRNewswire/ -- The distance between innovation and execution is about to get a whole lot shorter.

SUPPLY CHAIN MADE SIMPLE.

Today, Silicon Valley-based startup Elementum put its stake in the ground with a bold promise: to bring the world's supply chain data into the palm of your hand. With $44M in Series B funding from Lightspeed Venture Partners and Flextronics (NASDAQ:FLEX), along with brand name customers like Dyson, the company is poised to deliver. And it couldn't have come at a better time. With shorter product lifecycles and instant consumer feedback becoming the new norm, companies need to respond to changes faster than ever. How? With real-time visibility into their supply chain using beautiful, bite-sized apps for managing risk, monitoring KPIs, and tracking shipments—all in the cloud at one simple price.

"Supply chain management will never be the same—and that's a good thing."

- Nader Mikhail, CEO of Elementum

A MAN ON A MISSION.

Drawing upon his experience in supply chain and cloud computing, Nader Mikhail saw an opportunity for a simple solution to address the complex issues facing today's supply chains. The scope? A global economy worth over $70 trillion, of which a third is product. And with backing from one of the largest supply chains in the world, Elementum is the only pre-integrated mobile solution in the market. All customers have to do is download an app, log in, and go.

"If your supply chain is not real-time, mobile, and connected—I don't know how you'll run your supply chain in 5 years."

- Mike McNamara, CEO of Flextronics

IT LOOKS AS GOOD AS IT WORKS.

Wrapped in a user experience that's akin to the most popular apps today, Elementum offers simple and intuitive mobile software that you can actually use and understand. See exactly where every part, component, and finished good is manufactured, supplied, and distributed all over the world. It's really that simple. And under the hood lies a platform built from the ground-up using the latest in massively scalable big data technologies—like flexible schema databases, REST-based APIs, and Hadoop.  

"Our quest at Dyson is to design a supply chain as efficient, reliable, and innovative as the products we deliver to our customers. We believe the connectivity, flexibility, and visibility Elementum can provide will help us greatly in fulfilling these objectives."

- Jim Rowan, COO of Dyson

EXECUTION AT THE SPEED OF INNOVATION.

We live in a world where software responds to consumer feedback and demand in almost instantaneous fashion. Now imagine one where any physical product can have that same reaction. Innovation would no longer be held hostage to the complex and pocket-draining process of today's supply chain systems. Finally, there's a technology that can bring speed and agility at a fraction of the cost. And it's all thanks to supply chain made simple.

JOIN THE MOVEMENT.

Elementum is hiring for a wide variety of talent at its Mountain View headquarters; check out its LinkedIn profile for more information.

ABOUT ELEMENTUM

Elementum makes supply chain simple. By bringing together the latest in big data, cloud, and mobile technologies, Elementum delivers accurate and real-time supply chain information, optimized for today's mobile workforce. Incubated by leading supply chain company Flextronics, Elementum enables a single world-wide repository of supply chain data, eliminating millions of dollars in license and service costs that OEMs must spend to integrate all of their supply chain partners. Elementum's customers include leading companies such as Dyson, Enphase Energy, and others in the automotive, healthcare, industrial, and technology sectors. For more information, visit www.elementum.com.

This press release contains forward-looking statements within the meaning of U.S. securities law. These forward-looking statements involve risks and uncertainties that could cause the actual results to differ materially from those anticipated by these forward-looking statements. These risks include: the possibility that our services may not perform as expected, and the fact that the market for our services is still in the early stages of growth. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements in this press release are based on current expectations, and Elementum assumes no obligation to update these forward-looking statements.

ASSETS
Press Kit Dropbox link

SOURCE Elementum

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize sup...
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years u...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists will peel away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud en...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SYS-CON Media named Andi Mann editor of DevOps Journal. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Andi Mann, Vice President, Strategic Solutions, at CA Technologies, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, communicator, and thought lea...
Enterprises are turning to the hybrid cloud to drive greater scalability and cost-effectiveness. But enterprises should beware as the definition of “policy” varies wildly. Some say it’s the ability to control the resources apps’ use or where the apps run. Others view policy as governing the permissions and delivering security. Policy is all of that and more. In his session at 16th Cloud Expo, Derek Collison, founder and CEO of Apcera, will: Explain what policy is; Show how policy should be arc...
For customers that want to build their own custom apps, Kony’s Enterprise Mobility Platform meets the development needs across the full mobile app development and operations (DevOps) lifecycle. This full DevOps solution encompasses unique app UI design tools (Kony Visualizer) and the leading multi-channel app dev tools (Kony Studio), empowered by Kony’s Mobile Backend as a Service (MBaaS) offering (Kony MobileFabric), as well as testing and analytics. It extends fully to the end user through the...