- I2 Technologies
Infobox_Company
company_name = i2 Technologies, Inc.
company_
company_type = Public (nasdaq|ITWO)
foundation =1988
location =Dallas ,Texas ,USA
key_people = Sanjiv Sidhu, Founder and Chairman Emeritus
Dr. Pallab Chatterjee, CEO
Michael J. Berry, CFO
Hiten Varia, EVP President Greater Asia Pacific
Aditya Srivastava, SVP, R&D and CTO
Steve Estrada, SVP Global Services
num_employees = 1300
industry =Supply Chain Management Enterprise Software
revenue = profit $250 millionUSD
homepage = [http://www.i2.com/ www.i2.com]i2 Technologies is a
supply chain management software and services company, founded in 1988 bySanjiv Sidhu and Ken Sharma inDallas ,Texas (USA ). The company was initially known as "Intellection" prior to being renamed i2 Technologies, Inc.. Today it has more than 1500 customers in a wide variety of industries. i2 is still headquartered in Dallas, TX and has major offices inJapan ,Korea ,Belgium (Europe ), andAustralia . It primarily sells through a direct sales force, but also has a reseller channel that includes global organizations such asIBM and TCS.User group
The i2 User Group was formed in 1996 with six companies as founding members. Today, the User Group has more than 150 member companies. Although independent of i2, the two organizations have a strategic relationship particularly around product direction.
History
Sanjiv Sidhu claims to have arrived independently at the same conclusions as cognitive psychologist George A. Miller regarding the number of elements that one can process effectively at any given time. His official
biography states::"Based on his observation that even the smartest people can juggle no more than nine variables when making decisions, he proposed a design for computer software based onartificial intelligence and advanced simulation techniques."The company grew rapidly during the 90's to reach its zenith at the height of the internet market in 2000, when it crossed the $1B revenue mark. Rapidly falling revenues followed from 2002 to 2005, when the company hired Michael McGrath of
PRTM to be its CEO after an extensive search. Under Mr. McGrath's leadership the company was able to stabilize and reach profitability until mid-2007. At that time Mr McGrath was replaced byDr. Pallab Chatterjee , who held the position of Interim CEO until being formally named CEO in May, 2008.On 11th August 2008, A merger agreement was announced for
JDA Software to acquire i2 Technologies for an enterprise value of approximately $346 million in cash.Humanitarian Efforts
One of the bright spots in i2's legacy is the creation of
Aidmatrix , a nonprofit organization focused on creating supply chain technology solutions for the humanitarian aid sector. Now an independent organization of some renown, the idea and much of the initial effort for Aidmatrix came from i2 employees. Aidmatrix was widely recognized for the assistance provided to the food bank following hurricane Katrina.Major competitors
*
SYNCRON
* SAP
* Oracle
*JDA
*Manhattan Associates
*Infor
*IBM ee also
*
Software as a service
*Sanjiv Sidhu
*Supply chain management
*Software on demand
*Theory of constraints
*Pallab Chatterjee External links
* [http://www.i2.com Official company website]
* [http://finance.yahoo.com/q/bs?s=ITWO&annual i2 Technologies financial info on Yahoo!-finance]
* [http://www.i2-usergroup.org/index.cfm i2 User Group - official website]
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