TXT on Cloud further increases typical benefits from TXT’s PLM and Integrated Planning solutions by seamlessly supporting extended and collaborative processes in a highly flexible and scalable environment. Additionally, it reduces the deployment time of TXT’s solutions and, ultimately, their total cost of ownership.

“TXT on Cloud facilitates connectivity within the company ecosystem and new collaborative models,” explains Riccardo Proni, VP Product Strategy and Development at TXT.

In processes such as forecasting where extensive collaboration is required across functions and geographies, the ability to physically distribute the application and to allow easy global access and visibility increases the responsiveness and quality of the process as a whole. In addition, the possibility to work in detached mode everywhere and connect to the closest data-center means increased flexibility and productivity to users.”

“TXT on Cloud,” Proni adds, “brings further benefits in terms of speed of deployment of TXTPlanning and TXTPLM, reduced operating costs, as well as scalability, which is particularly important for growing businesses. High reliability and service levels, provided by ‘TXT on Cloud’, are a clear advantage for international, geographically distributed organizations which demand increased flexibility and are more exposed to disruption risks.”

In its February report - Top 10 Technology Trends, 2013: Cloud Computing and Hybrid IT Drive Future IT Models – Gartner estimates that total spending on cloud services will increase from $110 billion in 2012 to $210 billion in 2016.

“We believe that the dynamic nature of the retail and consumer goods markets, business volatility and the strong call for slashed lead times are driving uptake of the cloud, and specifically for business applications,” stated Andrea Cencini, Executive VP at TXT.

“Our continuous investments in R&D – 12% of revenues in 2012 - have accelerated TXT’s developments in this area and have led to the release of ‘TXT on Cloud’. Together with mobile and social, cloud-enabled innovation sits at the top of our priorities for this year.”

About TXT

TXT e-solutions is a leading provider of integrated and collaborative planning solutions for the Retail, Fashion and Consumer driven sectors. The product suite combines planning and intelligence supporting all strategic business processes, including Integrated Retail Planning, Product Lifecycle Management (PLM), Sales & Operations Planning and Supplier Collaboration.

TXT e-solutions