i2 Technologies

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i2 Technologies, Inc.
Type Public (NASDAQ: ITWO)
Founded 1988
Headquarters 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
Industry Supply Chain Management
Enterprise Software
Revenue ▲ $250 million USD
Employees 1300
Website www.i2.com

i2 Technologies is a supply chain management software and services company, founded in 1988 by Sanjiv Sidhu and Ken Sharma in Dallas, 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 in Japan, Korea, Belgium (Europe), and Australia. It primarily sells through a direct sales force, but also has a reseller channel that includes global organizations such as IBM and TCS.

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[edit] Products and services

Over the years i2 Technologies has specialized in supply chain optimization software, but through acquisition and organic development has expanded its suite to include solutions in areas such as platform and data management, collaboration and execution. Its solutions can be deployed behind the fire wall, hosted or as a service.

[edit] 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.

[edit] 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 on artificial 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 by Dr. Pallab Chatterjee, who held the position of Interim CEO until being formally named CEO in May, 2008.

[edit] Legal Woes

Over the years i2 has faced more than its share of SEC investigations, client and shareholder litigation and bad press including a well publicized claim by Nike in 2001 that the use of i2 Technologies' software had materially hurt its financial results. Under Dr. Pallab Chatterjee's leadership, i2 settled the bulk of its legal issues, but continues to have a number of shareholder lawsuits pending.

In 2006, i2 sued SAP for alleged patent infringement. This case has yet to go to trial.

[edit] 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.

[edit] Major competitors

[edit] See also

[edit] External links

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