Parsec Recognized as a Leader in the 2021 Magic Quadrant for Manufacturing Execution Systems

Recognized for Completeness of Vision and Ability to Execute

ANAHEIM, Calif.--(BUSINESS WIRE)--Parsec, a leading and innovative provider of solutions in the Manufacturing Execution Systems space, today announced that Parsec has been positioned by Gartner as a Leader in the Magic Quadrant for Manufacturing Execution Systems for its offering, TrakSYS™.¹ The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.

Over the years, Parsec has partnered with many progressive manufacturing companies across the globe to improve their businesses. TrakSYS – Parsec's unified, integrated solution platform – has been instrumental in this process by making the management of manufacturing operations as simple as possible.

"We are committed to leveraging years of learnings to continually enhance the value customers receive from Parsec's TrakSYS-based solutions. We've developed innovative and advanced technologies that put the focus on the ease of use, ownership experience, and measurable results for our customers," said Eddy Azad, Founder and CEO of Parsec. "We are gratified that our efforts have been recognized by Gartner as a Leader in their 2021 Magic Quadrant for Manufacturing Execution Systems."

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high, and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

View a complimentary copy of the Magic Quadrant report to learn more about TrakSYS strengths and cautions, among other provider offerings, at https://go.parsec-corp.com/MES-magic-quadrant.

¹ Source: Gartner, “Magic Quadrant for Manufacturing Execution Systems,” Rick Franzosa and Christian Hestermann, 31 March 2021.

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About Parsec

At Parsec, we are on a mission to help make your manufacturing operations as simple as possible by giving you greater visibility, knowledge, and control. To do this, we combine our TrakSYS software platform, an integrated set of applications designed to effectively manage manufacturing operations, with our extensive experience in Manufacturing IT, Lean methodology, and solution delivery. TrakSYS is deployed at thousands of factories, in over 100 different countries. For more information, please visit www.parsec-corp.com.