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Mastering Global Product Development for Business Advantage
Today’s businesses are operating in a global marketplace. Not only are customers and competitors located worldwide, but employees, suppliers, contractors, and

economic development libraries  today's global marketplace, difficult economic conditions and increased competition have converged to drive fundamental changes in the way businesses operate. Organizations are increasingly offshoring and outsourcing tasks, participating in mergers and acquisitions, and penetrating emerging markets. These trends, in turn, have resulted in the growth of geographically distributed work environments that extend beyond corporate firewalls-causing industry leaders everywhere to recognize the critical Read More...
Product Development and Portfolio Management
The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses...
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Documents related to » economic development libraries


TEC Vendor Note: Lectra, A Focused PLM Player
A brief introduction to Lectra, a specialized vendor in the CAD, CAM, and PLM industry, including history, product offerings, and achievements, as well as

economic development libraries  market. Hit by the economic downturn—like many other software vendors—Lectra had noticeable decrease in revenues in the past couple of years mainly due to the decrease of new systems sales. However, Lectra was able to bring some exhilarating news by posting €43 million Q1 2010 revenues, up 15 percent relative to Q1 2009. More importantly, revenues from new systems sales (€17.9 million) were up 31 percent. The in-depth knowledge that Lectra has accumulated through its long-time practice serving Read More...
Processing Complex Events (During These, oh well, Complex Times) - Part III
Part I of this blog series introduced the concept of complex event processing (CEP) and possible needs for CEP software applications. One such broad CEP

economic development libraries  organizations in the current economic crisis are not yet aware of who owns what pieces of which risk , the problems with this kind of risk-sharing are of a more qualitative than quantitative nature. The power of CEP is in its capacity to perform quantitative market monitoring and to do it with a light touch that doesn’t have to be obtrusive to the normal course of business. While algorithms and rules sets for seeing patterns in data are not that difficult to grasp (for users that intimately know their Read More...
LeveragePoint Adds Value to B2B Pricing - Part 1
TEC’s in-depth 2011 article not only described the opportunities inherent in the business to business (B2B) pricing software market, but also ascertained that

economic development libraries  training services. The well-known Economic Value Estimation™ (EVE) framework was developed by Nagle and his colleagues, as there were many other standard tools used in pricing. Nagle is the lead author of  The Strategy and Tactics of Pricing , the standard textbook on pricing strategy and tactics. He leads LeveragePoint’s board of advisors and his expertise is embedded in LeveragePoint’s online product. In addition, his coaching accompanies some of the online support integrated in the tools. Enter Read More...
Bolstering the Call Center with Service Resolution Management Processes
Integrated customer relationship management and call center solutions (sometimes referred to as service resolution management) have, despite initial glitches

economic development libraries  In general, it makes economic sense for companies to pursue an SRM strategy, since in the all-too-common scenario of using disparate KM, CRM, and search applications, despite all of the resources at hand, the customer is hardly ever provided with any resolution, except to take a look at the competitive offering (in disgust). Conversely, the scenarios in which an SRM approach is taken should enable the contact center agent to satisfy the customer's needs and increase the economic value of that customer to Read More...
Getting Beyond the Development Stage
Now that you’ve validated your product or service concept, how do you avoid hemorrhaging money during expansion?

economic development libraries  Beyond the Development Stage Business Issue New startups and new ventures in mature companies face significant business and technology challenges as they emerge from proving their concept to proving their ability to deliver. Foremost on many new entrepreneurs and venture capitalists minds are: Getting beyond the development phase mentality Developing the set of Business Capability Requirements for the production expansion phase Translating requirements into necessary business processes, Read More...
The Myths and Realities of Product Development and Outsourcing
Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However

economic development libraries  Myths and Realities of Product Development and Outsourcing Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However, companies should be wary of some of the false promises and myths of outsourcing. Many outsourcing firms, especially product development firms, can be misleading in their promises. Discover the myths and realities of product development outsourcing. Read More...
Global Product Development Seen as a Boon for Product Lifecycle Management Vendors
An enterprise that wants to shift to a global product development strategy must invest in modern product lifecycle management (PLM) technology. Therefore, the

economic development libraries  Product Development Seen as a Boon for Product Lifecycle Management Vendors Originally published - December 12, 2005 Nearly all leading product lifecycle management (PLM) software vendors argue that companies can now leverage globalization, outsourcing, and Web-based collaboration technologies to gain tremendous growth potential. Nonetheless, this relatively new phenomenon has been a long time in the making, as the following history of offshoring reveals. In the 1980s, offshore manufacturing became Read More...
How to Develop, Maintain, and Support a Quality Management and Development Process
The task of defining test plans, acceptance criteria, and testing deliverables and processes for any software development effort can raise many challenges

economic development libraries  to Develop, Maintain, and Support a Quality Management and Development Process The task of defining test plans, acceptance criteria, and testing deliverables and processes for any software development effort can raise many challenges. Choosing a tool to help support these practices not only can help to alleviate the burden placed on those involved, but it can add efficiency, organization, and the foundation for success. Find out how one company benefited from implementing a quality initiative. BEGINLYX Read More...
The Strategic Development of Core HR Systems
Human resources (HR) systems have been around for many years, providing robust and efficient solutions for companies of all sizes. When properly designed

economic development libraries  Strategic Development of Core HR Systems Human resources (HR) systems have been around for many years, providing robust and efficient solutions for companies of all sizes. When properly designed, implemented, and maintained, these systems allow companies to engage and nurture their employees and critical processes. When these systems are neglected, however, the result is a loss of competitive edge, increased employee dissatisfaction, and unnecessary costs. Read More...
How to Succeed with Outsourced Product Development
The process of outsourcing software development offshore has come a long way since the mid-to-late 1990s, the heyday of Y2K remediation. Offshore vendors who

economic development libraries  to Succeed with Outsourced Product Development The process of outsourcing software development offshore has come a long way since the mid-to-late 1990s, the heyday of Y2K remediation. Offshore vendors who cut their teeth on Y2K and legacy applications developed best-in-class quality processes and evolved to look more like the large US-based systems integrators. At the same time, thousands of new services firms entered the market to serve the needs of specific industries, address particular business Read More...
A New Development Framework on iSeries or i5/OS: Architecture
It is feasible to create native, intuitive and graphical business applications using just available software in i/OS and Open source Java. Using iSeries as an

economic development libraries  New Development Framework on iSeries or i5/OS: Architecture Introduction The iSeries server, IBM's showpiece and well-known successor of the AS/400, has been implemented on a large scale over the past twenty-five years in small and medium businesses (SMB). This midrange computer is still being praised because of its operational ease-of-use, its reliability, flexibility, and scalability. However, because it lacks a graphical user interface and poorly integrates with other software products, its use has Read More...
Can Your Product Development Move Closer to Consumers Now?
Half a year ago, I wrote about the need to include customer input in the design process in What Brings Customers Closer to Your Product Development? Recently

economic development libraries  Your Product Development Move Closer to Consumers Now? Half a year ago, I wrote about the need to include customer input in the design process in What Brings Customers Closer to Your Product Development? Recently, two pieces of Web content caught my attention and made me revisit this topic. The first one, The Path to Successful New Products , from the recent issue of McKinsey Quarterly, outlined three principles of making product development more successful, amongst which the degree of “[talking] to Read More...
Oz Development Announces OzLINK Channel
Oz Development, the provider of OzLINK, a cloud-based solution set that integrates and automates the order management process, has announced the release of

economic development libraries  Development Announces OzLINK Channel Oz Development , the provider of OzLINK , a cloud-based solution set that integrates and automates the order management process, has announced the release of OzLINK Channel , a new solution that integrates e-commerce platforms into the most widely used enterprise resource planning (ERP) applications. OzLINK Channel integrates external e-commerce applications such as Magento , ChannelAdvisor , and Volusion into the ERP solutions including NetSuite and QuickBooks . Read More...
Mastering Process to Improve Product Development
With the promise of transforming the way products are developed, product lifecycle management (PLM) is one of the fastest growing areas of technology investment

economic development libraries  Process to Improve Product Development With the promise of transforming the way products are developed, product lifecycle management (PLM) is one of the fastest growing areas of technology investment for retailers and brands alike. Best-practice experience shows that the most successful PLM implementations are initiated to support an organization’s key strategic objectives, and ultimately improve profitability through enhanced operational efficiency. Find out more. Read More...

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