In Gartner’s first report covering this market, project44 was named a Leader for its ability to execute and its completeness of vision out of 14 vendors evaluated
CHICAGO–(BUSINESS WIRE)–Today project44 announced that Gartner has named the company a Leader in the research firm’s first ever Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP). Gartner evaluated 14 vendors out of which project44 received the highest placement for its ability to execute and was also recognized for its completeness of vision.
Supply chains around the world need real-time transportation visibility now more than ever. As one of the largest RTTVP vendors, in terms of coverage and market presence, project44 provides visibility globally, with exceptional network density in North America and Europe. With its superior ability to execute, project44 takes complete ownership and responsibility for carrier onboarding with a contractual SLA guarantee.
“Following the initial shock of the COVID-19 pandemic, consumer demand skyrocketed, placing massive strain on the global supply chain. At the same time, disruptions like the recent Suez Canal incident and other port blockages have created downstream impacts across all other transportation modes,” said Jett McCandless, founder and CEO of project44. “project44 helps solve some of the most difficult transportation issues by providing real-time data into shipments globally. Our position in Gartner’s first Magic Quadrant for Real-Time Transportation Visibility Platforms is clear evidence that we are helping companies use visibility to improve business execution.”
Track Record of Great Performance
Gartner’s recognition of project44 as a Magic Quadrant Leader is because of its ability to execute and completeness of vision. Recently events contributing to project44’s growth include:
- In March 2020, announced the industry’s first carrier onboarding service level agreement to accelerate customer time to value
- project44 has the largest global carrier network, which has grown by 112% over the last 12 months with over 212,000 active data sharing connections
- In December 2020, the company received $100M in new funding to invest in both technology innovation and further network expansion
- Over the past year, the company’s onboarded several new enterprise clients. Today, project44’s customer base includes leading companies such as: the top 3 ranked companies on the Fortune 500 list; 2 of the top 3 largest retailers in the world; and 8 of the top 10 freight brokerages
- In March 2021, project44 acquired the leading international shipping provider, Ocean Insights, providing the industry’s broadest network coverage for all transportation modes
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Gartner Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables businesses to get the most from market analysis that aligns with their unique business and technology needs.
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Gartner Magic Quadrant for Real-Time Transportation Visibility Platforms, by Bart De Muynck and Carly West, April 14, 2021.
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project44 solves some of the world’s most critical logistics challenges by connecting, automating, and providing real-time visibility into global transportation processes. With project44’s cloud-based platform, organizations can increase operational efficiencies, reduce costs, improve shipping performance, and deliver an exceptional, Amazon-like experience to their customers. project44 supports all transportation modes and shipping types, including air, parcel, final-mile, less-than-truckload, volume less-than-truckload, groupage, truckload, rail, intermodal, and ocean. To learn more, visit www.project44.com.
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