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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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 utility definition economics


Technology's Role in Strategic Human Resources
The human resources (HR) department can—and should—deliver contributions to the organization's bottom line. Through technologies and service providers, HR can

utility definition economics  with respect to the utility of outsourcing providers, there are specific questions which enable companies to determine the compatibility of a prospective provider: Do the provider's systems have the capabilities to meet specific technology and business requirements? Note that inadequacy with respect to this question can of course come on two counts: either the provider's systems are too generic to meet these specific requirements, or else (in the case where they do in fact address the particular

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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

Customer Care and Billing (CC&B)

Customer care and billing (CC&B) solutions typically support providers of utilities, telephony, cable, or other services providing companies. CC&B software includes functionality for mediation, provisioning, rating, reporting, financial systems, and billing for voice, data, content, and utility services. 

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Documents related to » utility definition economics

Data, Data Everywhere: A Special Report on Managing Information


The quantity of information in the world is soaring. Merely keeping up with, and storing new information is difficult enough. Analyzing it, to spot patterns and extract useful information, is harder still. Even so, this data deluge has great potential for good—as long as consumers, companies, and governments make the right choices about when to restrict the flow of data, and when to encourage it. Find out more.

utility definition economics  The technique has a utility beyond identifying themes. Social-networking sites let users tag pages and images with words describing the content. The terms displayed in a tag cloud are links that will bring up a list of the related content. Another way to present text, devised by Mr Wattenberg and a colleague at IBM, Fernanda Viégas, is a chart of edits made on Wikipedia. The online encyclopedia is written entirely by volunteers. The software creates a permanent record of every edit to show exactly Read More

Replenishment: What Is It exactly and Why Is It Important?


Replenishment is an area within operations where retailers can find a competitive edge. Excelling at replenishment enables implementation of promotional, pricing, and assortment strategies. Also, profit can be gained by minimizing inventory levels and reducing lost sales. This increases time for analysis and special projects, as it’s no longer necessary to fight the fires of overstock and out of stocks.

utility definition economics  What Is It exactly and Why Is It Important? Replenishment: What Is It exactly and Why Is It Important? If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Retail Replenishment can be defined as acquiring product on a recurring basis to support anticipated need. Replenishment is best served as an automated process given the huge number of combinations of items and store locations. Systematic creation and updates to demand Read More

A Definition of Data Warehousing


There is a great deal of confusion over the meaning of data warehousing. Simply defined, a data warehouse is a place for data, whereas data warehousing describes the process of defining, populating, and using a data warehouse. Creating, populating, and querying a data warehouse typically carries an extremely high price tag, but the return on investment can be substantial. Over 95% of the Fortune 1000 have a data warehouse initiative underway in some form.

utility definition economics  Definition of Data Warehousing Biographical Information Bill Inmon Bill Inmon is universally recognized as the father of the data warehouse. He has over 26 years of database technology management experience and data warehouse design expertise, and has published 36 books and more than 350 articles in major computer journals. His books have been translated into nine languages. He is known globally for his seminars on developing data warehouses and has been a keynote speaker for every major computing Read More

What Does HD-PLM Mean for the Fashion Industry?


A few months ago, when Siemens PLM Software unveiled its High Definition Product Lifecycle Management (HD-PLM) technology, designers and product developers in aerospace, automotive, and other similar industries were probably excited about this new offering as they saw the opportunity to enhance their decision making. I was also excited, and saw HD-PLM as a sign that PLM vendors were starting to

utility definition economics  Does HD-PLM Mean for the Fashion Industry? A few months ago, when Siemens PLM Software unveiled its High Definition Product Lifecycle Management (HD-PLM) technology, designers and product developers in aerospace, automotive, and other similar industries were probably excited about this new offering as they saw the opportunity to enhance their decision making. I was also excited, and saw HD-PLM as a sign that PLM vendors were starting to pay more attention to the user experience (as discussed in a previ Read More

How to Gain Competitive Advantage through Global Product Development


Because products ultimately define a manufacturing company’s success, product development is mission-critical by definition. It’s also expensive—in most manufacturing sectors, companies annually reinvest between 3 and 8 percent of their total revenues back into product development. Find out how to leverage global product development to gain a dramatic increase in productivity within your product development operation.

utility definition economics   Read More

Engineer-to-Order (ETO ERP)


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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategies, and subsequent software selection.

utility definition economics  to-Order (ETO ERP) 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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes Read More

Plugging Revenue Leakage in the Utility Industry


Utilities are under intense pressure to improve corporate performance despite increasing costs, regulatory pressures, and enhanced customer expectations. The need to supplement existing cash flows with the low-risk, low-investment, high-impact option of plugging revenue leakage has never been more critical. Find out how you can plug revenue leakage by using technology to make improvements across the utility revenue chain.

utility definition economics  Revenue Leakage in the Utility Industry Utilities are under intense pressure to improve corporate performance despite increasing costs, regulatory pressures, and enhanced customer expectations. The need to supplement existing cash flows with the low-risk, low-investment, high-impact option of plugging revenue leakage has never been more critical. Find out how you can plug revenue leakage by using technology to make improvements across the utility revenue chain. Read More

What Matters Most: An Interview with Jeffrey Hollender


Jeffrey Hollender has a broader definition of the Value Chain that includes the true end-to-end responsibilities as well as sustainability, a term (if you are not familiar with) means, not only recognizing all the costs incurred in the chain-human, environmental etc.

utility definition economics  Matters Most: An Interview with Jeffrey Hollender Interview - Introduction Recently we talked to Jeffrey Hollender, CEO of Seventh Generation (an environmentally responsible producer of home products), and author of What Matters Most [1] . This is an important book that discusses corporate responsibility from both the angles of financial and environmental. For us supply chain people, Jeffrey Hollender has a broader definition of the Value Chain that includes the true end-to-end responsibilities as Read More

Mixed-Mode Manufacturing (ERP)


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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection.

utility definition economics  Mode Manufacturing (ERP) 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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processe Read More

What Does the “M” in PLM Really Mean?


In the two previous blog posts (What Does the “P” in PLM Really Mean? and What Does the “L” in PLM Really Mean?) I discussed the object being managed within the product lifecycle management (PLM) methodology. Now, it is the time to move on to the last word—“management.” Management is such a general term nowadays, that simply looking at it won’t give you much idea of what it is about in the PLM

utility definition economics  Does the “M” in PLM Really Mean? In the two previous blog posts ( What Does the “P” in PLM Really Mean? and What Does the “L” in PLM Really Mean? ) I discussed the object being managed within the product lifecycle management (PLM) methodology. Now, it is the time to move on to the last word—“management.” Management is such a general term nowadays, that simply looking at it won’t give you much idea of what it is about in the PLM context. If your organization is looking for a PLM Read More

Improving Customer Relationships: An Integrated Approach


It’s a simple idea: get a better understanding of your customers’ wants and needs, deliver on their expectations, and your revenue will increase. But more than 40 percent of companies surveyed do not have a formal customer relationship management (CRM) strategy in place. And those that have one still struggle with CRM at nearly every stage. Learn more about areas where you can improve your own CRM system strategy.

utility definition economics  Customer Relationships: An Integrated Approach Improving Customer Relationships: An Integrated Approach If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. More than ever, in today's challenging business environment, best-run companies are staying focused on their most valuable assets – their customers. Companies seek to retain their best customers and maximize the effectiveness of every customer interaction – whether it's sales Read More

CMMS Templates for Effective Implementations Part Two: The CMMS Industry and ERP


The implementation of an enterprise level system is a tumultuous event with far reaching consequences throughout an organization. Therefore we can see the implementation process as a means of taking the quantum leap in maintenance management techniques.

utility definition economics  Templates for Effective Implementations Part Two: The CMMS Industry and ERP The CMMS in Industry The CMMS industry is divided into various styles of system providers, all of which are defined within the book CMMS: A Timesaving Implementation Process . For the requirements of this position paper we will only be speaking about the two main types. Those are ERP (Enterprise Resource Planning) and EAM (Enterprise Asset Management) style systems. Figure 1. This is Part Two of a three-part article that is Read More

Managing Utility Technology and Service Acquisitions in the Smart Grid Age


A disciplined and comprehensive acquisition process is essential for utilities to get the most out of their Smart Grid investments. Know the practical and flexible methodology proven in industries such as telecommunications, high tech, and financial services that can assist utilities in the selection and acquisition of solutions that address current and future operating states to deliver immediate and long-term benefits.

utility definition economics  Utility Technology and Service Acquisitions in the Smart Grid Age A disciplined and comprehensive acquisition process is essential for utilities to get the most out of their Smart Grid investments. Know the practical and flexible methodology proven in industries such as telecommunications, high tech, and financial services that can assist utilities in the selection and acquisition of solutions that address current and future operating states to deliver immediate and long-term benefits. Read More

The Seven Types of Power Problems


Many of the mysteries of equipment failure, downtime, software, and data corruption are the result of a problematic power supply. Compounding the problem is that there is no standardized way to describe power problems. Learn more about common power disturbances, what can cause them, and how to safeguard your critical equipment—all described in Institute of Electrical and Electronics Engineers (IEEE) standard terms.

utility definition economics  surge Raw power Raw utility power Wink Being able to talk effectively about power, such as knowing the difference between an interruption, and an oscillatory transient, could make a huge difference when making purchase decisions for power correction devices. A communication mistake can have expensive consequences when the wrong power correction device is purchased for your needs, which includes downtime, lost wages, or even equipment damage. This IEEE defined power quality disturbances shown in this Read More