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Leveraging Technology to Maintain a Competitive Edge During Tough Economic Times -- A Panel Discussion Analyzed Part Six: Custom Development and Single-Vendor versus Multi-Vendor
As componentization and Web services mature, packaged software will be less rigid and easier to adjust to unique practices-- thereby gaining some of the benefit

economic development  Competitive Edge During Tough Economic Times -- A Panel Discussion Analyzed Part Six: Custom Development and Single-Vendor versus Multi-Vendor Introduction At the IFS Executive Forum , which took place on March 29 and 30 in Orlando, Florida (US), leading research analysts and industry experts discussed how companies can still leverage technology to maintain their competitive edge, even during tough economic times. The event was held in conjunction with IFS World Conference 2004 , and it included six 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


CRM: A Business Imperative during the Economic Downturn
The economic downturn means that businesses must capitalize on every opportunity to gain revenue. With the right customer relationship management (CRM) solution

economic development  their revenues during the economic downturn through the use of Customer Relationship Management (CRM) software. CRM enables companies to: (1) deliver exceptional and personalized service consistently to their customers during these challenging times, (2) increase their customer revenue share through highly focused business development programes (3) extend the reach and effectiveness of new business programes and (4) achieve significant cost savings and on-going productivity improvements. Introduction The Read More...
Latest Development on Epicor's Trying The Divestiture Tack
Even as TEC analyzed Epicor's sale of its Impresa for MRO division, Epicor announced the sale of its Platinum for Windows (PFW) product line. Plagued by

economic development  better reflect the current economic environment and geographical market conditions. Figure 1. The company also announced on May 2 that it completed the sale of its Impresa for MRO division to Avexus, Inc., a software and services company catering to the maintenance, repair, and overhaul (MRO) ERP marketplace for highly engineered assets. Terms and conditions of the divestiture were not disclosed. Epicor believes the sale of this division is in line with the company's expanding focus on collaborative Read More...
Beyond Talent Development: Managers as Talent Leaders
There’s a war going on, and many companies are fighting it—and losing. It’s a war to attract and retain great talent. While projected economic growth is fueling

economic development  great talent. While projected economic growth is fueling demand, companies of all sizes are finding it difficult to get and keep skilled employees. What can be done to stop this talent crisis? Organizations must make talent management a top priority. Find out how this simple tactic can lead your organization to victory. Read More...
New Product Development and Introduction (NPDI)
New product development and introduction (NPDI) is probably the most important process for many companies, but also one of the least understood. While NPDI is

economic development  leaders can drive the economic prosperity of their region. . . . the real engine of productivity growth, which leads to long-term sustainable GDP per capita growth, is innovation. Diana Farrell, Director of the McKinsey Global Institute International Herald Tribune, December 6-7, 2003 How Can NPDI Be Fixed? So how can companies improve their NPDI process and access to the benefits it brings? There are three critical capabilities required: Better portfolio strategy Better product management Better Read More...
PLM (Vendors) and Lean Product Development - Part I: An Overview
“Basically, lean is [focused on] creating more value with less work.” – Wikipedia, Lean ManufacturingNo matter who can be credited with making this

economic development  (Vendors) and Lean Product Development - Part I: An Overview “Basically, lean is [focused on] creating more value with less work.” – Wikipedia, Lean Manufacturing No matter who can be credited with making this statement, I have to thank him or her. This statement allows people to apply lean principles in broader circumstances than manufacturing. Following this idea, I’d like to define lean product development (LPD) as this: LPD is focused on developing more products better and with use of fewer Read More...
Gaining Competitive Advantage through Global Product Development
Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided

economic development  are sensitive about ceding economic power that is underpinned by innovation. The following are some common arguments that address this issue, and typical responses. Brain Drain   Argument: As we shift product development work to low-cost countries, we will ultimately be turning unskilled foreigners into highly skilled innovators. This will someday weaken the leadership position of the high-cost countries and put them at a disadvantage politically. Reply: In fact, just the opposite is likely to occur. As Read More...
Resilient Enterprise Solutions Vendor Displays Sociability and Pragmatic Product Development
During its stabilization phase IFS product development has brought about pragmatic developments, including its latest release, IFS Applications 7. The vendor

economic development  Enterprise Solutions Vendor Displays Sociability and Pragmatic Product Development Introduction In a market noted for its turbulence, the ongoing turnaround success of IFS, a global enterprise applications supplier, has gone somewhat unnoticed. IFS was the fastest growing enterprise resource planning (ERP) supplier in the mid-to-late 1990s. But the early 2000s marked a severely painful period for the vendor, including losses peaking at about $85 million (USD) on revenues of about $313 million Read More...
Software Development Tools RFI/RFP Template
Software Lifecycle Management, Design and Analysis, Construction, Configuration Management, Documentation, Software Deployment Platform, Development Tool

economic development  Development Tools RFI/RFP Template Software Lifecycle Management, Design and Analysis, Construction, Configuration Management, Documentation, Software Deployment Platform, Development Tool Technical Architecture Read More...
Financial Planning, Budgeting, and Forecasting: Managing in Uncertain Economic Times
New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically

economic development  Forecasting: Managing in Uncertain Economic Times New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically account for change shifts focus away from budget accuracy—putting you at risk of falling short of shareholder expectations. To achieve best-in-class status, you must plan, budget, and forecast more efficiently for improved agility, accuracy, and corporate performance. Read More...
9 Ways to Drive Down Product Development Costs in a Tough Economy
As consumer demand drops, many companies are being forced to lay off staff. That might help in the short term, but those companies still have to keep operations

economic development  Ways to Drive Down Product Development Costs in a Tough Economy Inferior design practices will often inflate product development costs, due to wasted material, excessive shipping expense, and poor product performance Source : PTC Resources Related to 9 Ways to Drive Down Product Development Costs in a Tough Economy : New Product Development (NPD) (Wikipedia) 9 Ways to Drive Down Product Development Costs in a Tough Economy Product Development is also known as : Product Development Analysis , Product Read More...
Can a Software Vendor Really Help You in the Current Economic climate?
The answer is yes and you can find out more about it in how to achieve more in the current economic climate.

economic development  You in the Current Economic climate? Can a software vendor really help you get through these challenging economic times? Can they provide you with an enterprise software solution specifically tailored to save you time and money? One that's flexible and integrates seamlessly with your existing Microsoft software, like Office? The answer is yes and you can find out more about it in How to Achieve More in the Current Economic Climate . Learn how enterprise software from Microsoft can help you increase Read More...
Buying FOSS Development Labor Online
I received an e-mail notice today about Cofundos, a

economic development  FOSS Development Labor Online I received an e-mail notice today about Cofundos , a community innovation & funding site, which launched last week. Cofundos looks like one possible solution to an often murky area in the open source software space: how to continue fueling development. Suppose you find some open source software useful but it doesn't have commercial backing devoting regular developers (for example, Red Hat or Compiere ) to its well-being, and suppose you don't want to employ developers Read More...
Siemens Product Development Solutions for Process Industries
Process manufacturing companies have traditionally been slow to adopt product lifecycle management (PLM) solutions, mostly because they have not had many

economic development  Product Development Solutions for Process Industries Process manufacturing companies have been slow to adopt product lifecycle management (PLM) solutions, mostly because they have not had many alternatives to choose from. This has not been the case for discrete manufacturers, for which there have been a wide variety of offerings since the late 90s. PLM for process manufacturers only started to truly emerge in the early 2000s. Since then, all major PLM vendors have been offering process PLM, but 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  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...

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