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Software Evaluation and Software Selection
Organizations are surrounded by ambiguity when making their implementation decisions. Accurate and relevant criteria that are properly weighed against an

pie graph  needs are set, the pie chart changes to reflect priority settings. ( click here for larger version ) Figure 2. Prioritize Needs Once all of the user's priorities have been defined, the WA and BMF are used to illustrate how the selected vendors measure up to the user's requirements. Because this data has been collected and analyzed in a knowledge tree, users can pinpoint the results in different functional categories and see how the vendors performed in a particular area. Costing can also be calculated

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
Compare Software Solutions

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

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Documents related to » pie graph

CRM Selections: When An Ounce Of Prevention Is Worth A Pound Of Cure Part Two: Using A Knowledge Base To Reduce The Time, Risk And Cost Of A CRM Selection


Using a knowledge base in the selection process can reduce the time, risk and cost of procuring technology. Well constructed knowledge bases that are used in a tested selection methodology reduce the RFI process from months to weeks, eliminate data quality issues and allow an apples to apples comparison of vendor offerings.

pie graph  high level modules. The pie chart above the priorities indicates the percent distribution of the decision. For example, given the current set of priorities Marketing Automation is responsible for 11% of the total decision. The knowledge base criteria are prioritized on a six point verbal scale ranging from Must Have to Not Important. The relative priorities dictate the percent distribution of the decision. Figure 2 Figure 2 represents a baseline set of priorities where every criterion is given an equal Read More

Understanding the True Cost of Sourcing


In today's twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used to measure cost for sourcing decisions of direct materials fall short.

pie graph  cost calculation may be pie-in-the-sky, there's no longer any excuse for continuing to evaluate only material and transportation costs. Total landed cost tools that can include duties, tariffs, and a variety of other costs are available from many sources. And now there are tools that can calculate risk-adjusted total cost as well. By calculating a total cost that adjusts for the cost of various risks (price fluctuations, shortages, various demand scenarios, expedite costs, etc.) sourcing personnel can be Read More

Selecting PLM Software Solutions Vendors Part 3 - A Timesaving Solution


In PLM, there is no single vendor that can meet all of the requirements, and the market is still immature, so almost every product can be the right solution provided a certain set of requirements. The Catch 22 for both buyers and vendors is to pinpoint the right opportunity in this ongoing 'dating game'.

pie graph  The percentage on the pie graph indicates the priority percentage, or how much of the total decision is allotted to the criteria, based on the priorities set by module. For example, 19% appears for Product Data Management. This indicates that the sum of the criteria under Product Data Management is responsible for 19% of the total decision. In Figure 4, you can see the sample priorities set by module and the associated percentages of each module towards the total decision. Figure 4 click here to enlarge Read More

Throw Away Your Financial Statements: Managing by Metrics


Analyzing static, detailed financial statements has been the modus operandi for hundreds of years. Because many business management systems can isolate and create graphics of key performance indicators (KPI), businesses should now concentrate on KPIs, which influence profitability.

pie graph  chart or possibly a pie chart of the top ten customers. My question is quite simple: Is knowing who your top ten customers are (and even their revenue) going to mean anything? Is this information going to help you determine that you are on or off course? Is the information going to induce you to take some form of action? A graphical presentation of your top ten customers does not support any form of action and, therefore, is useless as a KPI. If a KPI is to be an effective management tool, it must lead Read More

ERP Selection Facts and Figures Case Study - Part 2: Qualitative Assessments and Analysis


This is part two of a note describing an opportunity TEC had to evaluate and compare the four top ERP vendors for a client. Each vendor’s offering differed in such areas as functionality, flexibility, process fit and ease of use. Find out what TEC learned as a result of the selection engagement.

pie graph  Selection Facts and Figures Case Study - Part 2: Qualitative Assessments and Analysis ERP Selection Facts and Figures Case Study Overview of the Selection  A mid-market Engineer-to-Order manufacturer in the aerospace and defense sector retained the services of TEC to help select an Enterprise Resource Planning System. This system is intended to replace disparate applications that lacked the functionality and integration to support the company's Lean Manufacturing initiatives. The Scripted Scenarios Read More

George Adams


Lincolnshire pie and sausage producer George Adams Pork Products is looking to its new enterprise resource planning (ERP) system to underpin future growth through tighter control of the production process. Learn how it implemented SSI’s TROPOS system across its supply chain and received more accurate forecasting, improved production planning and process control, and enhanced yields, costs, and profitability.

pie graph  Adams Lincolnshire pie and sausage producer George Adams Pork Products is looking to its new enterprise resource planning (ERP) system to underpin future growth through tighter control of the production process. Learn how it implemented SSI’s TROPOS system across its supply chain and received more accurate forecasting, improved production planning and process control, and enhanced yields, costs, and profitability. Read More

The TEC Quick Case for Tero Software


Tero Software specializes in maintenance and asset management solutions for small and medium businesses. This Quick Case for Tero Software provides concise background information, which is oriented toward organizations considering its Web Work solution.

pie graph  TEC Quick Case for Tero Software The Company History Tero Software is a private company that was originally founded as a consulting firm in 1979 with the aim of teaching organizations about preventative maintenance strategies and how to automate them through the use of computerized maintenance systems. In the mid-1990s, Tero began delivering its own Web-based request management system, which helped users deal with in-coming phone, fax, e-mail, and paper work requests. In 1997, based on the success of Read More

IBM Cognos Express: Easy BI?


On Monday, IBM gave me a sneak peek of its new business analytics software tool for midsized clients. The name of the new product is Cognos Express, and IBM’s press release says it’s an “all-in-one business intelligence and planning solution designed specifically for midsized clients.” Designed and priced for midsized companies and derived from the original IBM Cognos software

pie graph  Cognos Express: Easy BI? On Monday, IBM gave me a sneak peek of its new business analytics software tool for midsized clients . The name of the new product is Cognos Express , and IBM’s press release says it’s an “all-in-one business intelligence and planning solution designed specifically for midsized clients.” Designed and priced for midsized companies and derived from the original IBM Cognos software, Cognos Express is composed of a set of modules delivered in a preconfigured solution: Read More

Busting the Myth of Commoditized Software Markets with the New TEC Focus Indicator


The new TEC Focus Indicator is a concrete way to start gauging the real functionality, competitive differentiators, and focus of enterprise software products. Learn how you can use the TEC Focus Indicator for insight into the functional competitive differentiators of particular enterprise software products against what's available on the market.

pie graph  the Myth of Commoditized Software Markets with the New TEC Focus Indicator If you're in the early phases or even in the midst of a software selection project, I assume you've read industry analyst prestidigitations, squared those up with vendor posturing, and lent an ear to various experts. Those efforts might help you figure out whether the products you're considering buying and eventually implementing actually do what you need, but the new TEC Focus Indicator ( TEC FI ) is a concrete way to start Read More

IBM’s Big Data Strategy: Will the “Big Blue” Become the “Big Data” Company?


In a recent analyst briefing with IBM, the software and hardware provider revealed the details of its continued efforts to expand its big “big data” offerings. The three major announcements revealed by IBM are key to the company's efforts to consolidate its big data offerings and become the biggest player in the so-called big data space, but having to compete for the “big”gest piece of the pie

pie graph  “big”gest piece of the pie with other major software giants and important niche players such as Oracle, Cloudera, Teradata, Microsoft, and SAP, it might not be as easy as it seems… IBM’s recent announcements First, let’s review IBM’s big (data) announcements : The introduction of BLU acceleration , a new technology offering which will be applied within the DB2 10.5 database version, was developed by IBM specifically to optimize the execution of complex queries and increase performance for Read More

Vox Populi: How Do You See The Future of Succession Planning?


Succession planning is about finding employees that can someday replace others who retire or decide to leave the company. In my opinion, there are two major factors that will have a great impact on the future of succession planning: the aging population; and rapidly-evolving technology.The Aging Population While listening to interviews from the Metropolitan Opera, I realized that

pie graph  Populi: How Do You See The Future of Succession Planning? Succession planning is about finding employees that can someday replace others who retire or decide to leave the company. In my opinion, there are two major factors that will have a great impact on the future of succession planning: the aging population; and rapidly-evolving technology. The Aging Population While listening to interviews from the Metropolitan Opera, I realized that many of those involved (sopranos, conductors, etc.,) only made Read More

Dassault Systèmes to Acquire IBM PLM: Big News, but Not a Big Surprise


A few months ago while I was listening to Dassault Systèmes (DS) executives explaining the company’s sales and marketing strategies and achievements, I wondered what the next move might be since I found the relationship between DS and IBM was becoming more delicate than before. My concern was that a very sophisticated approach would be required in order to grow DS’s own sales capability, while

pie graph  more slices of this pie and that the coming acquisition will help. As I see it, the biggest keyword of this acquisition is “simplicity.” This can be interpreted in two ways: for PLM users, there will be a single interface dealing with both the software and (at the same time) service provider, and a single pricing package; for DS, my concern as expressed in the beginning is going to disappear, since the two sales forces will be under the same roof. Generally speaking, there were good reasons for all Read More

Blackboard Learn Makes the Grade and Gets TEC Certified


I am pleased to announce that Blackboard Learn is officially certified by Technology Evaluation Centers (TEC) for online evaluation of learning management suites in the Human Capital Management Evaluation Center. My fellow analyst Gabriel Gheorghiu and I had the pleasure of viewing a demonstration of the product given by Blackboard’s senior solutions engineer for professional education, Burt Blair

pie graph  Learn Makes the Grade and Gets TEC Certified I am pleased to announce that Blackboard Learn is officially certified by Technology Evaluation Centers (TEC) for online evaluation of learning management suites in the Human Capital Management Evaluation Center . My fellow analyst Gabriel Gheorghiu and I had the pleasure of viewing a demonstration of the product given by Blackboard’s senior solutions engineer for professional education, Burt Blair, who readily displayed his in-depth knowledge of Read More