Serus Selected as TiE50 Winner Further Validation of Serus’ Leadership Position in Providing Intelligent Operations Management
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SUNNYVALE, CALIF.—May 18, 2009Serus® Corporation, a global pioneer in providing intelligent outsourced manufacturing solutions -- today announced it has been selected as one of the TiE50 winners in the software category. More than 1200 companies were nominated, and only 50 were chosen as the hottest startups in five focus areas.
"All of this year's winners embrace TiE's message of the bold entrepreneur," said Mateen Syed, TiE50 Chair. "These fifty companies represent the finest in entrepreneurship and serve as role models encouraging and inspiring emerging startups to succeed as entrepreneurs stimulating the economy."
“We are honored to have Serus recognized by a judging panel representing over forty prominent entrepreneurs, venture capitalists, corporate executives and other domain experts,” said Indu Navar, CEO of Serus. “This award further enhances the validation we continue to receive from our expanding customer base and continued growth.”
Through its IOM solution, Serus is solving well-known pain points inherent to outsourced manufacturing. With an elegant end-to-end solution that can be fully integrated across the entire supply chain, Serus’ IOM solution is providing information synchronization, improved inventory visibility, WIP tracking, near real-time inventory valuation, in addition to financial and manufacturing compliance to business rules. IOM also incorporates high-level reporting and configurable work views through a dashboard enabling management by exceptions. The dashboard includes high-level controls that facilitate drill down to low level process details.
“IOM is essential to remaining competitive and driving down costs because it enables manufacturers to improve control, monitoring, management and decision-making across a mix of outsourced manufacturing providers,” said Bob Parker. “It also promotes essential internal collaboration between engineering, operations and finance departments. Serus’ technology is uniquely designed to fill the visibility gap that exists in today’s supply chain and they’ve demonstrated through customer adoption the need for a new approach.”
About TIECON 2009: TiEcon 2009 is two action-packed days of rich dialogue, networking and deal making with thousands of entrepreneurs, venture capitalists, industry executives, and thought leaders. TiEcon 2009 is themed "The BOLD Entrepreneur," focusing on dynamic individuals who are able to adapt to changing conditions and create their own future despite downturns and uncertainties. TiEcon 2009 keynote speakers include Hans Morris, President of Visa Inc., Brad Smith, CEO of Intuit and Reid Hoffman, Founder, Chairman and CEO of LinkedIn.
LEGAL NOTE:Serus is a trademark of Serus Corporation. All other trademarks and registered trademarks previously cited are the property of their respective owners and are hereby acknowledged
TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.
ABOUT SERUS
Serus Corporation is a global pioneer of technology and managed services for companies with distributed or outsourced manufacturing operations.
Serus SaaS solutions enable efficient automated collaboration, execution and decision making across global supply and distribution networks.
Based in Sunnyvale, Calif. with a worldwide development team, Serus customers include companies such as AMD®, Cisco®, Entropic®, Flextronics® and NVIDIA® as well as other leaders in the fabless semiconductor and high-technology manufacturing markets.
