ParkourSC acquires Qopper to offer real-time supply chain operations across the extended enterprise
ParkourSC, a provider of supply chain technology solutions, is acquiring smart operations platform and IoT network company Qopper, bringing digital twins, intelligence, collaboration, and workflow automation capabilities together. The move was made in a stock-and-cash transaction.
Global supply chain disruption continues to push lean supply chains past their limit, cutting into business profitability. With ParkourSC’s enhanced platform, organizations can now create digital twins of their supply chains with embedded intelligence and automation, allowing them to accelerate the delivery of new services, products, and business models while meeting their profit goals and minimizing operational risk, according to the vendor.
“The new capabilities Qopper brings to the ParkourSC platform helps us gain a unique and robust market position, putting us two to three years ahead of the competition, while allowing us to serve our customer needs better,” said Mahesh Veerina, CEO, ParkourSC. “With our unique, category-defining platform, we can win market share and dramatically accelerate the digital journeys of our customers and their products.”
Built over five years, Qopper brings powerful technology components that include extensive IoT and contextual data integrations, and large-scale platform-building and data science capabilities to enable building digital twins. These include:
- Catalog technology to model supply chain entities with dynamic attributes and contextual data
- Building blocks to build large scale network of digital twins to model the end-to-end value chain of an enterprise and any node in the network
- Embed low-code/no-code intelligent recipes and AI/ML models at any node in the network to execute on event-based or constraint-based triggers
- Seamless addition of chat, video, documents, and other collaboration tools into workflows and automation across the ecosystem
Alok Bhanot, who joined the ParkourSC executive team as CTO and EVP earlier last year, is one of the key founders and technologists behind architecting and building the Qopper platform. As part of the acquisition, ParkourSC also gains an additional site and team in Pune, India to extend its Parkour Hyderabad, India operations.
“Qopper’s extensive experience and robust, market-tested technology bring critical capabilities to the ParkourSC platform, giving it a tremendous edge in the market,” said Alok Bhanot, Qopper founder and ParkourSC’s newly appointed CTO and EVP. “I couldn’t be more excited to join the incredibly talented and dedicated team at ParkourSC helping organizations drive the supply chain resilience and growth they need to overcome current supply chain woes.”
For more information about this news, visit www.parkoursc.com.