YANTRA AND WEBMETHODS PARTNER TO PROVIDE NEXT GENERATION OF COMMERCE SOLUTIONS
Alliance Enables Global 2000 Companies to Quickly Extend Enterprise Applications to Manage Orders and Inventory Across the Extended Enterprise
BOSTON, Mass., July 25, 2001 - Yantra Corporation (www.yantra.com), the leading provider of multi-enterprise commerce management solutions, today announced the availability of integration between Yantra`s Multi-Enterprise Commerce Suite and the webMethods integration platform. The alliance enables large businesses to extend existing enterprise applications by seamlessly managing buy and sell orders across multiple business units, regions, enterprises, suppliers and marketplaces. Yantra is making the announcement today at Yantra Day, its customer/partner event, at the Four Seasons Hotel in Boston.
webMethods provides rapid integration capabilities enabling customers to quickly connect with trading partners in both public and private marketplaces. By integrating with the webMethods integration platform, Yantra enhances its multi-enterprise capabilities and enables companies to present a single face to customers and suppliers. The alliance will help customers significantly reduce inventories; quickly add complementary products and services from different business units, partners and new acquisitions; outsource non-core activities; and pilot new business opportunities with less risk. As part of the agreement, Yantra and webMethods are conducting joint marketing activities and jointly developing additional out-of-the box integration capabilities.
Together, Yantra and webMethods are targeting leading high tech, chemical, consumer goods and third party logistics companies. Eastman Chemical Company is one of several companies already working with both companies` products to deliver more rapid integration of customers, suppliers and partners into their Internet based channels.
"With its extensible architecture, Yantra`s applications are very well-suited for managing orders and inventory across multiple business units and extended trading networks," said Tom Roberts, vice president of platform alliances for webMethods, Inc. "By combining their business applications with the webMethods integration platform, customers will be able to make Yantra`s applications fit seamlessly into their technology infrastructure, providing a significant business advantage."
"As Global 2000 manufacturers look to manage their extended enterprise activities more efficiently, they need a high degree of interoperability with their trading partner`s systems," said Rob Sweeney, Vice President, Product Management at Yantra. "Our partnership with webMethods enhances the interoperability of our applications and makes its easier than ever for users to connect to their trading partners and deliver fast time to value."
About Yantra
Yantra is the leading provider of multi-enterprise commerce management software solutions. The Company`s solutions manage orders, inventory and supply across multiple business units, regions, divisions, enterprises, suppliers and marketplaces to improve the operational efficiency and speed of multi-enterprise trading networks.
Yantra`s deep domain expertise in supply chain management enables the company to provide comprehensive solutions to large enterprises and exchanges. Customers include leading businesses such as APL Direct Logistics, Eastman Chemical Company, Honeywell, Motorola, Reality and VerticalNet. Founded in 1995, Yantra Corporation is privately held and based outside Boston, Massachusetts. For more information, visit www.yantra.com.
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