Saltare Partners With webMethods to Deliver Supply Chain Visibility and Optimization; Saltare Leap and webMethods B2B Streamline Supply Chain Integration and Collaboration.Business Editors/High-Tech Writers
SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--May 16, 2001
Saltare, Inc., a leading provider of Web-based collaborative supply chain solutions that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems businesses with Decision-Point Intelligence(TM), today announced a partnership with webMethods, Inc, the leading provider of integration software solutions for Global 2000 corporations, major B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.
B2B - business to business exchanges and leading software application vendors. The alliance provides a single solution for integration and collaboration across disparate platforms, enhancing supply chain visibility and performance for manufacturers, suppliers, partners and customers.
The partnership allows companies to address supply chain volatility with Decision-Point Intelligence -- Saltare's real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. , event-driven, message-based methodology that allows companies to rapidly identify and intelligently resolve unplanned events along the extended supply network. This enables companies to reduce inventory levels, optimize optimize - optimisation utilization of manufacturing and logistics capabilities, increase operating cash flow Operating cash flow
Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. and enhance inter-enterprise collaboration between customers, partners and suppliers.
"webMethods allows companies to connect the many disparate systems of suppliers, partners and customers in real time," said Philip Leong, manager of platform alliances for webMethods. Adding webMethods B2B(TM) to Saltare Leap provides companies with a powerful combination -- the ability to connect vital applications to improve supply chain efficiency, then effectively manage the supply chain through the high level of visibility and intelligence Saltare's products provide."
Under the terms of the agreement, the companies will work together to provide integration capabilities between webMethods B2B(TM) and the Saltare Leap suite of Java-based supply chain event management applications. The combined solution will use webMethods B2B solutions as the technology foundation for integration between supply chain, enterprise and legacy applications.
The Saltare Leap software will sit on top of webMethods B2B to deliver real-time event monitoring In computer science, event monitoring is the process of collecting, analyzing, and signalling event occurrences to subscribers such as operating system processes, active database rules as well as human operators. and detection as well as advanced distributed optimization optimization
Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. capabilities. The Saltare Leap software's distributed optimization capabilities break up complex supply chain problems into manageable pieces, then distributes contextual information and optimization across the trading network, enabling trading partners to pursue individual objectives within defined constraints CONSTRAINTS - A language for solving constraints using value inference.
["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. and determine the best course of action to maximize mutual gain.
"By delivering innovative distributed optimization capabilities with Decision-Point Intelligence, Saltare helps companies and trading partners quickly and intelligently capitalize on Cap´i`tal`ize on`
v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. unplanned critical supply chain issues, said Bill Gaylord, vice president of marketing and business development at Saltare. "With webMethods' strong technology and extensive supply chain integration expertise, together we can offer companies the end-to-end end-to-end
a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. supply chain visibility and optimization necessary for dynamic commerce."
The Saltare Leap suite of Java-based applications combines a unique distributed optimization process with an event-based, peer-to-peer architecture to provide Decision-Point Intelligence(TM) for effectively monitoring, detecting and resolving unplanned supply chain and marketplace events in real-time. Leap offers the ease and intelligence companies need to facilitate controlled-yet-flexible collaboration among strategic suppliers, partners, distribution channels and customers. The product's self-learning agents dynamically adapt to changing market conditions, allowing the distributed optimization process to break down complex supply chain transactions into manageable pieces, and then distribute contextual information and optimization capabilities across the trading network. This enables relevant trading parties to pursue individual objectives within defined constraints and determine the best course of action to maximize mutual gain.
About Saltare, Inc.
Saltare, Inc. (/sal-ta'-ray/ vb, Italian: to leap forward) is a leading provider of Web-based collaborative supply chain solutions that empower businesses with Decision-Point Intelligence(TM). Decision-Point Intelligence is Saltare's real-time, event-driven, message-based methodology that allows companies to rapidly identify and intelligently resolve unplanned events along the extended supply network. This enables companies to reduce inventory levels, optimize utilization of manufacturing and logistics capabilities, increase operating cash flow and enhance inter-enterprise collaboration between customers, partners and suppliers. Headquartered in San Mateo, Calif., Saltare is a privately held company privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. backed by Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. , Sutter Hill Ventures and Weston Presidio. For more information call 650/345-1200 or visit the Saltare Web site at www.saltare.com.
Note to Editors: Saltare and Decision-Point Intelligence are trademarks of Saltare, Inc. All other registered and unregistered trademarks in this document are the sole property of their respective owners.