Supply Chain Analytics Market by Deployments (On-premise and Cloud), Enterprise Sizes (Small & Medium Enterprise and Large Enterprise), Solutions (Planning & Procurement, Sales & Operations Analytics, Logistics Analytics, Manufacturing Analytics, and Visualization & Reporting), Services (Support & Maintenance and Professional), End-users (Transportation, Manufacturing, Healthcare, Retail & Consumer Goods, Aerospace & Defense, High Technology Products, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global supply chain analytics market size was valued at USD 4.53 billion in 2020 and is estimated to reach USD 16.05 billion by 2028, expanding at a CAGR of 17.1 % during the forecast period, 2021–2028. The growth of the market is attributed to the rising awareness on the benefits offered by supply chain analytics solutions, such as supply chain optimization, forecasting accuracy, and wastage minimization.
Supply Chain Analytics (SCA) refers to managing the right flow of raw materials, processed materials, information, and resources within the network of downstream and upstream organizations. The supply chain can be defined as a network of the flow of products, customer services, financial deliverables, network of information, material, and resources. Management of such multiple relationships in the supply chain in any organization is referred to as supply chain management. The COVID-19 pandemic outbreak has brought a negative impact on SCA industry as it disrupted supply chain management across the globe. The market is expected to recover by the end of 2021 as organizations are resuming their operations from industries and offices.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing velocity and volume of data for development of business strategies is one of the key factors driving the market growth.
- Adopting Internet of Things technology enabled devices in several industry verticals, such as healthcare, automotive, and manufacturing is expected to boost the market growth in the coming years.
- Growing concerns for data security across the globe present a major restraining factor. This is anticipated to hamper the market expansion during the projected timeline.
- Lack of skilled personnel for the optimum usage is likely to hinder the market growth during the forecast period.
- Increasing adoption of cloud-based supply chain analytics is projected to create a significant growth opportunity for the market in the near future.
Scope of the Report
The report on the global supply chain analytics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Supply Chain Analytics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Deployments (On-premise and Cloud), Enterprise Sizes (Small & Medium Enterprise and Large Enterprise), Solutions (Planning & Procurement, Sales & Operations Analytics, Logistics Analytics, Manufacturing Analytics, and Visualization & Reporting), Services (Support & Maintenance and Professional), and End-users (Transportation, Manufacturing, Healthcare, Retail & Consumer Goods, Aerospace & Defense, High Technology Products, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Manhattan Associates, Inc.; Birst, Inc.; Accenture PLC; Aera Technology; Capgemini SA; Genpact Ltd.; IBM Inc.; Kinaxis; Maersk Group; JDA Software Group; and Lockheed Martin Corp. |
Market Segment Insights
Cloud segment is expected to grow at a rapid pace
Based on deployments, the global supply chain analytics market is bifurcated into on-premise and cloud. The cloud segment is expected to grow at a rapid pace during the forecast period owing to large-scale customization of products and services for organizations. Furthermore, it gives an organization more control over the infrastructure, servers, and systems that can be implemented and adapted to meet specific business needs, which presents a major factor driving the segment.
Automation capabilities to drive small & medium enterprise segment
On the basis of enterprise sizes, the market is bifurcated into small & medium enterprise and large enterprise. The small & medium enterprise segment is projected to expand at a considerable CAGR during the forecast period attributed to the rising demand for automation capabilities and robust monitoring solutions for strategic decision-making and resource allocation. Moreover, growing adoption of IT infrastructure by small & medium enterprises to enable digital services for different business channels in the sector is expected to fuel the growth of the segment further.
Sales & operation analytics segment is anticipated to hold significant market share
In terms of solutions, the global supply chain analytics market is divided into planning & procurement, sales & operations analytics, logistics analytics, manufacturing analytics, and visualization & reporting. The sales & operation analytics segment is anticipated to hold significant market share in the coming years attributed to the need to optimize resource utilization and minimize cost for respective industries. However, the planning & procurement segment is expected to register a considerable CAGR during the forecast period due to the development of supply chain planning analytics solutions for forecasting product demand.
New technologies to drive professional segment growth
On the basis of services, the market is bifurcated into support & maintenance and professional. The professional segment is expected to hold account for major market share during the projected timeline owing to growing demand for the analysis and protection of critical data and to obtain professional guidance on new technologies. On the other hand, the support & maintenance segment is anticipated to register considerable CAGR in the coming years due to major demand and implementation of SCA solutions in several sectors.
Manufacturing segment to constitute robust market share
Based on end-users, the global supply chain analytics market is segmented into transportation, manufacturing, healthcare, retail & consumer goods, aerospace & defense, high technology products, and others. The manufacturing segment is expected to constitute robust market share during the forecast period attributed to pressure for ensuring product availability and timely delivery. However, the retail & consumer goods segment is expected to grow at a significant rate due to integration of machine learning and big data into supply chain analytics, which is likely to boost the demand for effective and efficient supply chains globally.
North America is anticipated to constitute a key market share
In terms of regions, the global supply chain analytics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to higher emphasis on the visual representation of operational data in the region. However, the Asia Pacific market is anticipated to expand at a rapid pace during the forecast period attributed to the rising awareness related to the advantages of analytics solutions in numerous enterprises in the region.
Segments
The global supply chain analytics market has been segmented on the basis of
Deployments
- On-premise
- Cloud
Enterprise Sizes
- Small & Medium Enterprise
- Large Enterprise
Solutions
- Planning & Procurement
- Sales & Operations Analytics
- Logistics Analytics
- Manufacturing Analytics
- Visualization & Reporting
Services
- Support & Maintenance
- Professional
End-users
- Transportation
- Manufacturing
- Healthcare
- Retail & Consumer Goods
- Aerospace & Defense
- High Technology Products
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Manhattan Associates, Inc.
- Birst, Inc.
- Accenture PLC
- Aera Technology
- Capgemini SA
- Genpact Ltd.
- IBM Inc.
- Kinaxis
- Maersk Group
- JDA Software Group
- Lockheed Martin Corp.
Competitive Landscape
Key players competing in the global supply chain analytics market are Manhattan Associates, Inc.; Birst, Inc.; Accenture PLC; Aera Technology; Capgemini SA; Genpact Ltd.; IBM Inc.; Kinaxis; Maersk Group; JDA Software Group; and Lockheed Martin Corp. Some of these players are actively engaged in various market development strategies such as capacity expansion, new product launches, acquisition, partnership, collaboration, and mergers to increase their market share. For instance, in march 2020, Capgemini SA introduced an agreement to acquire WhiteSky Labs, a consultancy firm in Asia Pacific. The acquisition helped the former company to expand its operations across Asia & Australia and its digital transformation capabilities.
In April 2020, IBM Inc. introduced a blockchain-based supplier network solution named IBM Rapid Supplier Connect. Moreover, it helped government agencies and healthcare organizations in the U.S. and Canada to rapidly onboard and identify alternative vendors.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Supply Chain Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Supply Chain Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Supply Chain Analytics Market - Supply Chain
4.5. Global Supply Chain Analytics Market Forecast
4.5.1. Supply Chain Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Supply Chain Analytics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Supply Chain Analytics Market Absolute $ Opportunity
5. Global Supply Chain Analytics Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Supply Chain Analytics Market Size and Volume Forecast by End Users
5.3.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Supply Chain Analytics Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Supply Chain Analytics Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Supply Chain Analytics Demand Share Forecast, 2019-2026
7. North America Supply Chain Analytics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Supply Chain Analytics Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Supply Chain Analytics Market Size and Volume Forecast by End Users
7.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Supply Chain Analytics Demand Share Forecast, 2019-2026
8. Latin America Supply Chain Analytics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Supply Chain Analytics Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Supply Chain Analytics Market Size and Volume Forecast by End Users
8.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Supply Chain Analytics Demand Share Forecast, 2019-2026
9. Europe Supply Chain Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Supply Chain Analytics Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Supply Chain Analytics Market Size and Volume Forecast by End Users
9.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Supply Chain Analytics Demand Share Forecast, 2019-2026
10. Asia Pacific Supply Chain Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Supply Chain Analytics Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Supply Chain Analytics Market Size and Volume Forecast by End Users
10.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Supply Chain Analytics Demand Share Forecast, 2019-2026
11. Middle East & Africa Supply Chain Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Supply Chain Analytics Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Supply Chain Analytics Market Size and Volume Forecast by End Users
11.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Supply Chain Analytics Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Supply Chain Analytics Market: Market Share Analysis
12.2. Supply Chain Analytics Distributors and Customers
12.3. Supply Chain Analytics Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Manhattan Associates, Inc. Birst, Inc. Accenture PLC Aera Technology Capgemini SA Genpact Ltd.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Supply Chain Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Supply Chain Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Supply Chain Analytics Market - Supply Chain
4.5. Global Supply Chain Analytics Market Forecast
4.5.1. Supply Chain Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Supply Chain Analytics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Supply Chain Analytics Market Absolute $ Opportunity
5. Global Supply Chain Analytics Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Supply Chain Analytics Market Size and Volume Forecast by End Users
5.3.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Supply Chain Analytics Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Supply Chain Analytics Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Supply Chain Analytics Demand Share Forecast, 2019-2026
7. North America Supply Chain Analytics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Supply Chain Analytics Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Supply Chain Analytics Market Size and Volume Forecast by End Users
7.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Supply Chain Analytics Demand Share Forecast, 2019-2026
8. Latin America Supply Chain Analytics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Supply Chain Analytics Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Supply Chain Analytics Market Size and Volume Forecast by End Users
8.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Supply Chain Analytics Demand Share Forecast, 2019-2026
9. Europe Supply Chain Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Supply Chain Analytics Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Supply Chain Analytics Market Size and Volume Forecast by End Users
9.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Supply Chain Analytics Demand Share Forecast, 2019-2026
10. Asia Pacific Supply Chain Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Supply Chain Analytics Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Supply Chain Analytics Market Size and Volume Forecast by End Users
10.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Supply Chain Analytics Demand Share Forecast, 2019-2026
11. Middle East & Africa Supply Chain Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Supply Chain Analytics Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Supply Chain Analytics Market Size and Volume Forecast by End Users
11.4.1. Transportation Manufacturing Healthcare Retail & Consumer Goods Aerospace & Defense High Technology Products
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Supply Chain Analytics Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Supply Chain Analytics Market: Market Share Analysis
12.2. Supply Chain Analytics Distributors and Customers
12.3. Supply Chain Analytics Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Manhattan Associates, Inc. Birst, Inc. Accenture PLC Aera Technology Capgemini SA Genpact Ltd.
The global supply chain analytics market has been segmented on the basis of
Deployments
- On-premise
- Cloud
Enterprise Sizes
- Small & Medium Enterprise
- Large Enterprise
Solutions
- Planning & Procurement
- Sales & Operations Analytics
- Logistics Analytics
- Manufacturing Analytics
- Visualization & Reporting
Services
- Support & Maintenance
- Professional
End-users
- Transportation
- Manufacturing
- Healthcare
- Retail & Consumer Goods
- Aerospace & Defense
- High Technology Products
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Manhattan Associates, Inc.
- Birst, Inc.
- Accenture PLC
- Aera Technology
- Capgemini SA
- Genpact Ltd.
- IBM Inc.
- Kinaxis
- Maersk Group
- JDA Software Group
- Lockheed Martin Corp.
Key players competing in the global supply chain analytics market are Manhattan Associates, Inc.; Birst, Inc.; Accenture PLC; Aera Technology; Capgemini SA; Genpact Ltd.; IBM Inc.; Kinaxis; Maersk Group; JDA Software Group; and Lockheed Martin Corp. Some of these players are actively engaged in various market development strategies such as capacity expansion, new product launches, acquisition, partnership, collaboration, and mergers to increase their market share. For instance, in march 2020, Capgemini SA introduced an agreement to acquire WhiteSky Labs, a consultancy firm in Asia Pacific. The acquisition helped the former company to expand its operations across Asia & Australia and its digital transformation capabilities.
In April 2020, IBM Inc. introduced a blockchain-based supplier network solution named IBM Rapid Supplier Connect. Moreover, it helped government agencies and healthcare organizations in the U.S. and Canada to rapidly onboard and identify alternative vendors.
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