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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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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 long term investment decision md

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

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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Documents related to » long term investment decision md

IT Investment Decision Making: Getting to "Yes"


Many technology sales cycles get bogged down in the IT department. But while it is unlikely that a sale will get anywhere without IT management buy-in, IT approval is no guarantee of success. Getting a “yes” requires accessing and influencing other decision-makers, especially in the finance department. And along the way, there are plenty of others who can say “no.”

long term investment decision md  Informed Investment Decision , Long Term Investment Decision , Make Better Investment Decisions , Make Informed Investment Decisions , Make Investment Decision , Moving Investment Decisions , Optimal Investment Decision , Own Investment Decisions , Optimum Investment Decision , Personal Investment Decisions , Project Investment Decisions . Many technology sales cycles get bogged down in the IT department. Whilst it is unlikely that a sale will get anywhere without buy in from IT management, their Read More

The Complex Handling of Complexity in Decision Support Systems


Warren Weaver, an American mathematician known for his work on machine translation and his support for science in the United States, defined the complexity of a system as “the degree of difficulty in predicting the properties of the system if the properties of the system’s parts are given.” Weaver addressed and handled complexity by dividing it in two general types: disorganized and

long term investment decision md  tactical decisions) or establishing long-term roadmaps (making strategic decisions). Decision makers have to deal with the complexity inherent to problem solving and decision making in order to take advantage of business opportunities and improve business performance on a regular basis. Most decision-making processes involve managing three major issues regarding complexity: its level; its dynamic behavior; and managing big data volumes. Level of Complexity The Fact: Business processes are a not just a Read More

Document Management Return on Investment Analysis


Find out how a document management system (DMS) can generate a significant return on investment (ROI) for small to midsized businesses (SMBs). The changes in technology pricing over the last 10 years have finally made it possible for SMBs to enjoy the same efficiencies provided by IT systems that large enterprises have enjoyed for decades. These advances in technology can now be applied with ease at the SMB level.

long term investment decision md   Read More

Informatica Morphs into Enterprise Decision Support Vendor


Informatica Corporation, long an established vendor in the Extract/Transform/Load (ETL) market space, has morphed themselves into a vendor of solutions for the "e-Business infrastructure". In conjunction with their contract to build an enterprise data warehouse for the United States Postal Service and their MX2 metadata exchange initiative, Informatica is reinventing itself.

long term investment decision md  one. It takes too long and the tools are complicated. The result is that it never happens. Dhillon and Nesamoney decided that the data mart would be faster and cheaper. (Data marts can either be subsets of a data warehouse or standalone, and typically represent information for one group or function). PowerMart was originally developed to allow the extraction and transformation of data into data marts. PowerCenter is an extension of the same principle, and now provides for a global metadata repository, Read More

Evaluating Strategic Information Technology Investment: An Appraisal of Software Alternatives for Small to Medium Enterprises


The problem of information technology investments particularly concerns small and medium enterprises, as they are much more limited in resources than large enterprises. One of the critical questions is whether to implement an open source or closed source solution.

long term investment decision md  any further is no longer any fun, it will be abandoned (see Neil Gunton''s 2006 article Open source Pros and Cons at http://www.neilgunton.com/open_source_pros_cons/ ). Pros and Cons—Proprietary solutions Alternatively, commercial solutions are always written to satisfy customer needs. There is proper documentation, suitable customer and professional support, and a warranty that the software will perform as stated. Otherwise, the buyer can take legal action against the vendor. Another advantage of Read More

SAP Announces Investment in Catalyst International


ERP giant SAP AG announced on September 1 that it had acquired nearly a 10% stake in warehouse management system (WMS) vendor, Catalyst International Inc.

long term investment decision md  seen just how much longer Catalyst can continue to market its Catalyst WMS and CatPack products for use by other ERP systems, given the resource commitment the new alliance will demand. As part of their reorganization efforts, Catalyst will cease development on its NT version of Catalyst WMS. This allows Catalyst to focus entirely on UNIX. History indicates that their departure from NT may be a good move in the short term. Catalyst has tried repeatedly to deliver a Windows NT product without success, Read More

Salesforce.com Forms a Venture Capital Investment Fund


Salesforce.com has set up the Salesforce1 Fund, a venture capital fund designed to fuel the creation of mobile apps. Salesforce has reportedly already allocated $100 million for the fund to invest in companies building innovative mobile apps and products connected to the Internet of Things (IoT) that extend the power of the Salesforce1 platform.

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Strategic Partners: Coming Together to Drive Decision Success


In today’s business environment, companies that used to compete with each other routinely form alliances to attain their business objectives. Find out how PMOLink, a business consulting firm, managed an enterprise resource planning (ERP) selection project for a client by joining forces with Technology Evaluation Centers (TEC). The end result: a best-match ERP system for the client—nine months ahead of schedule.

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The Application of Business Intelligence to Improve Decision Making in Retail


Analytics has moved from the specialty of a dedicated few to a necessity for groups of business professionals to do their job. This white paper considers the use of analytics and business intelligence (BI) for improving decision making in the retail industry. It also examines the benefits of prebuilt analytic applications for achieving this objective across functions in a retail organization.

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Real-Time Versus "Right-Time" Decision Making: A New Competitive Advantage


In this day and age, the ability for a company to utilize information quickly and effectively is more important than ever before. But faster access to increasingly large amounts of data doesn’t always mean that good real-time decisions are being made.

Finance has to be involved in the selection and use of new analytic tools which rapidly define and filter data from a variety of sources. Selecting and sorting information into what’s vital to decision making and what isn’t allows for better decision making to occur. A company’s data needs to be defined and synchronized consistently across the board, but quality of data also has to have value in order to be of use. The data then has to land in the right hands in order for the right actions to be implemented. Quality, real-time data has to be accessible at the right time, in the hands of the right people.

In this white paper, learn what right-time decision making is and how to use analytics to your benefit, e.g., to test hypothetical choices before implementation. Get information on how to create strong data governance to support high quality data, investigate analytical tools for problem-solving, and learn how the delivery of information to decision makers can affect your business choices positively or negatively.

long term investment decision md  decision making, real-time decision making, right-time decision making, big data, data management, analytics tools, data analytics, data quality Read More

The Benefits of a Software Selection Project-Even when Management Imposes a Decision


The Project Delivery Group (PDG) here at Technology Evaluation Centers (TEC) works closely with our clients to assist and guide them through the process of evaluating and selecting their business software solutions. Over the years, this group has witnessed the multitude of issues and hurdles that can arise—oftentimes unexpectedly—during those selections and has become adept at helping its clients

long term investment decision md  had been done, a long list of requirements for the ERP system had been compiled and priorities assigned, and a whole range of nonefficient processes had been identified, documented, and slated for improvement at subsequent implementation steps. The group was close to completing the selection process and examining a number of ERP software systems and creating a shortlist of four candidates to compare for best functional fit, related costs, and overall suitability to meet the company’s needs. Then, Read More

Mountainous Investment Transforms Enterprise Management Software Vendor


After decades of father-son stewardship, Deltek has been transformed by a New Mountain Capital LLC majority capital investment. Already a recognized enterprise resource planning leader for North American project-based businesses, Deltek is now looking to strengthen its global position.

long term investment decision md  claims to invest for long-term capital appreciation through direct investment in growth equity transactions, leveraged acquisitions, and management buyouts. To that end, it focuses on niche, cash-flow-rich opportunities, as with other past investments such as Overland Solutions and National Medical Health Card Systems. There have been no major changes in operations at Deltek as a result of the investment by New Mountain, nor there have been any staff reductions. Ken deLaski initially continued as Read More

Long Lifecycle Supply Assurance: Ensuring Perpetual Supply of Complex Systems


For manufacturers of long lifecycle products, the challenge of ensuring perpetual supply is complicated by the prospect of unpredictable supplier turnover and the accelerating obsolescence of vital parts and materials. This white paper discusses JDA Software’s vision for the practices and technology required to ensure perpetual supply for products with extended lifespans and highly complex BOMs, and offers recommendations.

long term investment decision md  Systems For manufacturers of long lifecycle products, the challenge of ensuring perpetual supply is complicated by the prospect of unpredictable supplier turnover and the accelerating obsolescence of vital parts and materials. This white paper discusses JDA Software’s vision for the practices and technology required to ensure perpetual supply for products with extended lifespans and highly complex BOMs, and offers recommendations. Read More

Mobile Content and Document Management Best Practices and Decision Checklist


Every minute of every day, employees move business files onto their mobile devices so they can work at home, on the road, or at client sites. The result is the equivalent of a mobile scrum of risks, redundancies, and wasted efforts and resources. A result of the huge popularity of mobile phones and tablets and the bring your own device (BYOD) trend, the large number of mobile devices being used for work purposes and the large amount of associated content being moved with these devices means that businesses are at risk. Mobile device management provides a first defense, but it’s not enough—businesses need to lock down the content and documents with policy-based controls to decrease their level of risk and ensure comprehensive enterprise mobility management.

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Anatomy of a Decision: SAP vs. Oracle JD Edwards EnterpriseOne


There are many reasons beyond purchase price that influence an enterprise application investment decision. In an exploration of JD Edwards EnterpriseOne customers that also considered Microsoft Dynamics, Nucleus found that functionality, reporting capabilities, staff skill availability, and partner and vendor support capabilities were key factors driving a decision to invest in EnterpriseOne. Download the complete results of this analysis now.

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