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IHS is a global information company with world-class experts in the pivotal areas shaping today@s business landscape: energy, economics, geopolitical risk

economics synopsis  today’s business landscape: energy, economics, geopolitical risk, sustainability and supply chain management. We employ more than 5,500 people in more than 30 countries around the world. Read More...
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The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » economics synopsis


Transportation Management and the Adaptive Supply Chain Network
To respond to the demands of today’s highly competitive global environment, traditional linear supply chains are evolving into complex, global ecosystems. These

economics synopsis  as a whole, the economics of the supply chain may be ignored. An ASCN provides the framework for a high level of economic responsiveness. Within the context of a fully integrated enterprise resource planning (ERP) system, an ASCN can lead to profitable growth that a company could not previously achieve. An ASCN is the catalyst for enhancing a company's financial position and improving its supply chain economics. Without an ASCN, the potential for growth is limited to improving linear processes and Read More...
Can a Virtual Vuvuzela Help Make Your Voice Heard in the Social Media Universe?
It’s a really noisy world we’re living in, and the social media universe is no exception. Even with the tightest security settings and minimal online presence

economics synopsis  is a law in economics about the diminishing marginal utility of a product, which states that the more units you consume of the same product, the lower its utility will be. The same rule applies to Hollywood-like sequels of a big hit, which most of the time are not very successful, particularly when they are simply repackaging the same idea in a different form. Here’s an example of some social media hits and the lack of success (measured in hits) enjoyed by their sequels: United Breaks Guitar  Song 1 Read More...
SaaS-ing the Manufacturing Opportunity
The software as a service (SaaS) delivery model is here to stay, and most vendors have noticed. Recently, the endorsement for SaaS in the realm of manufacturing

economics synopsis  more about a new economics, such as the paradigm shifts of open source or SaaS deployment models. For more information and to start your own custom solution comparison, please visit TEC's Enterprise Resource Planning Evaluation Center Read More...
How Some ERP Vendors Demonstrated - Warts And All Part 2: Results
This is part two of a case study from a recent selection engagement for an ETO mid-size manufacturer; we assess Oracle, J.D. Edwards, SAP, and IFS in terms of

economics synopsis  Some ERP Vendors Demonstrated - Warts And All Part 2: Results How Some ERP Vendors Demonstrated - Warts And All Overview  The subject of this case study is the synopsis of a crucial step within every software selection process - finalist vendors' scripted scenarios software demonstrations; this particular series of events took place in February/March 2001. The importance of this milestone in any software selection undertaking has been widely publicized (for more information, see An Overview of the Read More...
Enterprise Resource Planning Vendor Gains Connectivity through Acquisition of Plant Intelligence Provider
SAP has gained connectivity to virtually any source on the plant floor and analytical functionality through its acquisition of Lighthammer's products for plant

economics synopsis  knowledge management, real time economics, and directed workflows, which will be key to encapsulating information and capabilities that are needed to make better and faster decisions at multiple levels within manufacturing. Over time, xMII will leverage selected SAP technologies such as the new SAP Visual Composer , which reduces the effort required to develop user interfaces (UI), but will present a challenge to users who have to adapt to the change. Another weak area that SAP acknowledges is their Read More...
E-Cash Rollout Replaces Amex
Last week, adult sites were informed that Amex would no longer serve their clientele in processing online transactions. However, in the information technology

economics synopsis  are able to marry economics and cryptography. As consumers figure out how to obtain digital cash, these sites will lead the market in figuring out how best to accept digital cash transactions. Where there is a market, there is a clever entrepreneur ready to pounce on the opportunity. User Recommendations Digital cash providers will have to make sure their digital cash meets the following requirements: Secure Anonymous Portable (physical independence) Infinite duration (until destroyed) Two-way Read More...
Best Practices for a Data Warehouse on Oracle Database 11g
Companies are recognizing the value of an enterprise data warehouse (EDW) that provides a single 360-degree view of the business. But to ensure that your EDW

economics synopsis  Practices for a Data Warehouse on Oracle Database 11g Best Practices for a Data Warehouse on Oracle Database 11g If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Oracle has been helping customers like you manage your business systems and information with reliable, secure, and integrated technologies. Source : Oracle Resources Related to Data Warehouse : Data Warehouse (Wikipedia) Best Practices for a Data Warehouse on Oracle Read More...
PTC Live Global 2013: All About Design for “Servitization” —Part Two
Last week on the TEC blog I talked about market shifts and technological changes that are reshaping the competitive landscape for manufacturing firms, based on

economics synopsis  to something here. Oxford Economics ’ research indicates that by 2015, performance-based service contracts will be used by 65 percent of manufacturing. Additionally, in the next two years, 56 percent of firms will embrace remote diagnostics. The Servigistics Exchange sessions also talked about connected products that gather big data and intelligence, share data in the cloud, send data about problems, and get continual enhancements, and the Servigistics portfolio is expected to provide those solutions Read More...
Data Center Economics: Analyzing Challenges and Opportunities
In order to meet data center challenges, organizations must take measures to consolidate data centers and look at outsourcing arrangements and alternate models

economics synopsis  Center Economics: Analyzing Challenges and Opportunities In order to meet data center challenges, organizations must take measures to consolidate data centers and look at outsourcing arrangements and alternate models of data center management. However, because carrying out a data center strategy typically requires a large investment in time and costs, organizations today are making tactical decisions that have minimal impact. While some organizations are contemplating alternate models for data center m Read More...
Tips for Researching Enterprise Solutions
Given the majority of participants in a selection committee are not enterprise software specialists, quality enterprise research on applications is crucial

economics synopsis  for Researching Enterprise Solutions Given the majority of participants in a selection committee are not enterprise software specialists, quality enterprise research on applications is crucial. Even if you are employing consultants (with their cute business attire and boxes of love they give during the holidays---my PM brother-in-law once scored a leather jacket, but I digress), it’s still important to be well versed about the solution sets you are considering. Having been an editor at TEC for over Read More...
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

economics synopsis  study conducted by Computer Economics, “Product development outsourcing is the most popular category in IT outsourcing, followed by e-commerce websites, hosted applications and disaster recovery services. These categories are outsourced-either in whole or in part-by over half of the organizations in the study.” Meaning, since product development outsourcing has increased from 35% to 61% in a year, the demand for vendors to fulfill these projects will increase as well. The main advantage of vendors Read More...
What's Wrong With Application Software? Business Changes, Software Must Change with the Business.
Business changes constantly in small ways and large. It is rare to find an application product that can change once it is implemented. This gap is a reality

economics synopsis  Application Software? It's the Economics enterprise architecture must provide the cost, time, and quality characteristics to make change a practical choice for the business. What are some of the business characteristics required to meet the challenge of change? Lower the penalties for modifications Today, the penalties for modifying are so high that companies find it difficult to justify all but the most important changes. With the dropping of the cost, time, and quality penalties, it becomes Read More...
Rewrite or Wrap-Around Old Software? Part One: Event Summary
Product architecture is going to do much more than simply provide the technical functionality, the user interface (UI)/presentation, and the platform support

economics synopsis  Application Software? It's the Economics ). At the same time, these vendors have been maintaining or improving their functionality, although some observers may contend that their bold' moves have been virtue made out of necessity. The persevering tough economic climate extends the time of opportunity for the nimblest companies. It appears that a large number of manufacturing enterprises within the lower-end of the market have yet to deploy an enterprise package, particularly in emerging markets. Some of Read More...
Big Bird Dines Again
Harbinger has agreed to be acquired by Peregrine in a stock exchange. The merger mates an infrastructure company that has already begun feathering its nest

economics synopsis  isn't clear what the economics and mechanics of successful marketplaces will be. As for bringing value across the customer bases, we can only speculate at present. Beyond the convenience of dealing with fewer vendors, the combination has to bring real value. Peregrine is still working to integrate its current offerings under a single unified architecture; while even the promise of that unification is helping them make sales, we just don't know whether a single suite will ultimately prove more enticing Read More...

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