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Home>Cleo CEO Says Business Value Creation Now Occurs ‘At the Edge’

Cleo CEO Says Business Value Creation Now Occurs ‘At the Edge’

Cleo CEO Says Business Value Creation Now Occurs ‘At the Edge’

09/27/2017

Cleo CEO Says Business Value Creation Now Occurs ‘At the Edge’

Complete and Flexible B2B Integration, B2B APIs Highlight Cleo Connect Customer Event

Cleo, the global leader in multi-enterprise information integration solutions, hosted nearly 100 representatives from more than 50 companies at its annual Cleo Connect customer event Sept. 11-13 at Eaglewood Resort in Itasca, Illinois.

The three-day summit brought together Cleo executives, advisers, customers, and partners who are shaping how companies strategically deploy integration technology to create value through emerging digital transformation solutions, evolving customer and industry requirements, and modern cloud initiatives.

In his keynote address, Cleo CEO Mahesh Rajasekharan, Ph.D., emphasized how companies undergoing digital transformation have a great opportunity to create value “at the edges” of their businesses.

“This is where business ecosystems are formed, where business actually happens now,” Rajasekharan said. “In the past, applications like ERP systems were what created value. But today, value is created – or destroyed – at that point where you share information and execute transactions with your business partners.”

Gartner Research Director Mark O’Neill shared his latest research detailing the importance of APIs in enabling new and advanced B2B interactions, and representatives from Tracelink, Bankers’ Bank, TaylorMade, Reddy Ice, and Octapharma comprised a customer panel that addressed current data challenges and how modern, flexible B2B integration solutions can solve them.

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