Apprentice.io Placed in 2023 Magic Quadrant for Manufacturing Execution Systems
2023 Magic Quadrant
Apprentice ranks as a Visionary in the 2023 Magic Quadrant for manufacturing Execution Systems
JERSEY CITY, N.J., May 3, 2023 (Newswire.com) - Apprentice.io, which helps life science manufacturers get treatments to patients faster by providing one platform to turn molecules into medicine, announced today it has been placed as a Visionary in the 2023 Gartner® Magic Quadrant for Manufacturing Execution Systems (MES).
This year, Apprentice was recognized as a Visionary for its Completeness of Vision and Ability to Execute. Last year in 2022, we were placed as a Niche Player in the same report. We think this an improvement in our position.
Apprentice's Tempo Manufacturing Cloud improves operations at the site level by coordinating the materials, equipment, recipes, and personnel needed to plan, execute, test, and release a batch from one shared system. Using our newly announced Connected Manufacturing Network (CMN), companies can now connect all sites together to view, manage, and accelerate the end-to-end drug production lifecycle.
This report states, "The next phase in the evolution of MES will be the convergence of technologies (processes) that support end-to-end supply chain planning and execution functions."
"We are building our Tempo Manufacturing Cloud to go beyond the traditional boundaries of MES and deliver on the vision of convergent technology that accelerates the entire supply chain," said Angelo Stracquatanio, CEO & Co-founder of Apprentice. "Our customers are recognizing that traditional software vendors can't innovate fast enough to keep up with the rapid change happening in life sciences."
Since this assessment has been completed, Apprentice raised an additional $65 million in funding led by ICONIQ Growth to sustain its incredibly rapid pace of innovation and released a new product, CMN. CMN knits together the disparate teams and sites across internal and external manufacturing to manage and accelerate production from one centralized platform.
With a total of $207M in raised capital and a year of outstanding growth recognized by the Inc. 5000 and Deloitte Fast 500 as one of the fastest-growing companies in America, Apprentice plans to continue building international support for its multinational customers.
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Apprentice's disruptive technology helps life science manufacturers get therapeutics to patients faster by providing one platform to turn molecules into medicine. The company's Tempo Manufacturing Cloud accelerates the end-to-end drug product lifecycle by connecting together distributed teams and sites, helping them execute better on the shop floor, and sharing real-time enterprise-wide visibility. Learn how 15 of the top 20 US pharma companies use Apprentice to accelerate high-quality production of drugs for diseases of all types, from COVID to cancer, at www.apprentice.io.Contact Information:
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Original Source: Apprentice.io Placed in 2023 Magic Quadrant for Manufacturing Execution Systems