Steelwedge Wins THINKstrategies' Best of SaaS Showplace (BoSS) Award

Wellesley, MA, February 26, 2013 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that Steelwedge has been named a winner of the Best of SaaS Showplace (BoSS) Award. This program promotes the measurable business benefits delivered by today’s software-as-a-service (SaaS) solutions.

Part of an ongoing program in THINKstrategies’ new Cloud Computing Showplace, the BoSS Awards recognize SaaS companies producing tangible business benefits for specific user organizations. These benefits can include increased sales, lower costs, higher customer satisfaction, faster operations and greater profitability.

Steelwedge’s cloud-based sales and operations planning (S&OP) solutions deliver “what-if” scenario modeling and real-time insight into supply-demand tradeoffs to help companies recognize, recalibrate and respond in today’s highly competitive, complex and volatile global business environment. Steelwedge solutions are built on a single, integrated business planning platform and offer powerful tools to obtain a unified, actionable view of sales, operations and finance information. Steelwedge’s collaborative planning solutions create an agile business process that link the company, its customers and partners.

Steelwedge received the BoSS Award based on its Enterasys Networks customer case study, which typifies the measurable business benefits that can be derived from Steelwedge’s cloud-based solution. A Siemens Enterprise Communications company, Enterasys has been using Steelwedge’s integrated business planning foundation for seven years to drive consistent business growth in the face of a turbulent economy and volatile market conditions. Enterasys achieved a return on investment (ROI) of $4 million in the first year of its Steelwedge deployment by obtaining tighter inventory control and better visibility into its operations. Enterasys also has sustained global customer satisfaction ratings of 95 percent as a result of its improved fulfillment capabilities of over 97 percent, while reducing inventory levels 21 percent year over year.

“Customers like Enterasys are raising the bar on the value—and the potential—of strategic, advanced S&OP in the cloud,” said Glen Margolis, CEO of Steelwedge. “We are delighted to partner with them to continue to advance such success.”

“In today’s tough economic environment, it is imperative for businesses to optimize their operations to better serve their customers while controlling their costs,” stated Jeffrey M. Kaplan, founder of the SaaS Showplace, which is now a part of the new Cloud Computing Showplace, and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. “Steelwedge’s cloud-based solutions give corporate executives and their business unit managers the ability to collate, analyze and act on key operational data to achieve their objectives.”

For more information about the BoSS Award entry criteria or to find a list of previous winners of the BoSS Awards, visit http://www.cloudshowplace.com/awardprograms/boss.html.

Based on the success of the BoSS Awards program, which focuses on SaaS solutions, THINKstrategies has launched the Cloud Computing Business Value (CCBV) Awards program. This program recognizes companies that are delivering infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions that produce measurable business benefits for their customers. For more information regarding the CCBV Awards, see http://www.cloudshowplace.com/awardprograms/ccbv.php.