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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 cost build up


Buy, Build, or Somewhere Between
Whether an organization buys or builds a resource management solution depends on a number of factors, and both approaches has its pros and cons. There is

cost build up  significantly, resulting in a cost to functionality ratio that is difficult to justify. However, in some instances where vendors recognize that an enhancement will have broad appeal in their customer base, they will include the feature or functionality in the implementation at a much-reduced cost. This is, however, rare. Customers with shallow pockets soon learn that they are at the mercy of the vendor when it comes to specialist requests. It is then that customers wish they had taken the build route.

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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Documents related to » cost build up

Build versus Buy - A Long Term Decision


With the software industry offering greater options and depth of function , we do not hear the idea of a company building their own software very often, but the option is still discussed and is valid in some situations. When it is discussed, the enterprise often fails in fully evaluating the entire array of plus and minus points.

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Outsourcing Security Part 2: Measuring the Cost


Evaluating the cost of outsourcing can be challenging because most organizations cannot fully estimate the financial impact of such a decision.

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Looking Beyond Cost Savings in PEO


Today’s outsourcing industry is expected to grow by 37 percent annually between 2007 and 2010. One growing specialization under IT outsourcing is product engineering outsourcing (PEO). While many IT companies have used PEO to realize significant cost savings along with increased quality and reliability, some companies have experienced negative results. Lean about common PEO pitfalls and how you can avoid them.

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Team With Business Management to Drive Out IT Cost


IT complexity drives cost and to a great extent, it is business management that drives IT complexity. Until IT architecture and infrastructure are simplified and configured into an adaptable platform, system design and construction will be fraught with wasteful work and non-essential components.

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Reducing Cost and Complexity in Legacy Systems


The need to maintain legacy applications in the face of evolving business requirements is not exclusive to IT organizations. However, IT developers face specific challenges when reducing the complexity of applications and extending the life of database management systems (DBMS). Instead of getting disoriented along the murky paths of manual code inspection, learn about automated solutions that reduce complexity—and cost.

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5 Cost Estimating Myths Busted!


This paper debunks 5 myths surrounding cost estimating for manufacturing, based on years of input—talking with thousands of estimating managers, customer surveys, trainings, and on-going feedback. We expose these myths and offer improvement opportunities that can save your business. Overpriced quotations may be forcing your customers to seek out your competition.

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TDWI Vegas: How to Build an Enterprise Data Strategy


It takes a lot of commitment, preparation, and time to fully embrace a successful enterprise data strategy. Managing data within a corporation has reached an all-new level of importance. Data is being collected from extremely diverse sources and fully dissected; as the subject of increasingly complex processes, data quality must be maintained. In addition, data management and manipulation must

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Build a Competitive Edge for Manufacturing Plant Operations


Competitive pressures and increasing customer demands are driving most manufacturers to produce goods ever faster, at lower cost, and in compliance with more exacting quality, regulatory, and market requirements. However, technology can help manufacturers meet these challenges, increase operational efficiency, and step ahead of competitors with more proactive planning, greater shared visibility, and more profitable responses to change.

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Conversion Strategies: Build We Must


Conversion can be defined as the process of manipulating data from one format or system to another format or system. It is not “sexy.” It requires extraordinary attention to detail. Done incorrectly, the project fails. Done correctly, the organization will enjoy the confidence provided by a streamlined, efficient, and accurate system, with processes ensuring the data stays that way.

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Selecting a Cost-Effective Conferencing Solution


As you evaluate conferencing solutions for your organization, an important selection consideration should be the overall cost of the solution; both initial and on-going. It is necessary to evaluate the cost of your current conferencing solution as well as whether an on-premise alternative will pay for itself in a reasonable amount of time. Find out how.

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