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Software Functionality Revealed in Detail
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 long term investment decision

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

Build versus Buy - A Long Term Decision


With the software industry offering greater options and depth of function , we do not hear the idea of a company building their own software very often, but the option is still discussed and is valid in some situations. When it is discussed, the enterprise often fails in fully evaluating the entire array of plus and minus points.

long term investment decision  versus Buy - A Long Term Decision Problem Definition Rarely does an enterprise look at developing all their own software, more typically the development decision centers on a specific area, for example customer order management or promotions. These projects are actually two projects in one. The functionality required plus the integration to other software has to be built and maintained. The build versus buy decision is typically seen as a two different options. In reality, a third option exists; modify a Read More

The Need for Investment in Enterprise Innovation: Part Two


Sopheon – Where Innovation Means Business (and Vice Versa) Last week I talked about enterprise innovation management (EIM)/innovation performance management (IPM) in a blog post about how wise decisions regarding innovation investments can make a huge difference to a company’s success down the line. There are many practices and technologies that come together to improve the success of product

long term investment decision  larger releases separated by long intervals of time. Sopheon Accolade Solutions Release 8.0 in early 2012 was the public release of the new Accolade platform with major functionality updates. Release 8.2 in early 2013 brought Accolade Portfolio Center (APC) to market as a deeper/broader product, along with Accolade Innovation Planner (AIP) (see Figure 2), Accolade Idea Lab (AIL) , and Accolade Process Manager (APM) . With the release of APC and AIP, Sopheon feels confident about catering to all of the Read More

The Need for Investment in Enterprise Innovation: Part One


Manufacturers throughout the world are scrambling to respond to ever-changing economic conditions, increasing (or at least fluctuating) material costs, and price-sensitive markets. Success depends upon agility, in particular a capacity to make fast and informed adjustments to strategic plans and continually reorder operational priorities to align with external factors and changes. Innovation is

long term investment decision  the key tenet of long-term business viability. It is difficult to refute General Electric CEO Jeffrey Immelt’s observation a decade or so ago that “innovation is necessary to avoid commodity hell.” Innovation Hurdles But opportunities that stem from innovation do not come without risk, and when striving for innovation success, executives are often betting the entire future of their organizations on the outcomes of decisions about where to invest limited resources. Poor decisions regarding Read More

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  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

Is ROI King In Evaluating IT Investments? Part 1. Should We Make the Investment?


IT managers should recognize that cash flow measurements are being increasingly used to evaluate IT investments, even though initial estimates of cash flows from IT projects are often hard to determine because underlying business assumptions can change. IT veterans all know that reconciling IT investments to the bottom line has been problematic.

long term investment decision  analysis relates to how long the equipment or software will be useful. It is hard to estimate the useful life of information technology investments. We all have had the experience of having IT equipment or software become obsolete much earlier than expected. Conversely, sometimes software is used much longer than expected. Second, it is difficult to isolate the financial impact related to a change in technology. For example, a major software project is likely to have an impact on more than one business Read More

Managing Risks, Managing Measures: Decision Support Methodologies in Business Part 1: Guidelines


Poor measurement methods can take off millions or more from bottom lines, and contribute at least in part to project failures, corporate inefficiencies and poor technology selections. Industry wide, they have contributed to tens of billions of dollars of unnecessary costs. How do you avoid these expensive mistakes?

long term investment decision  having great academic or long time serving credentials, neither of these pillars may be the judge of the real usefulness of the methodology implicit in the tool, nor if it is valid in your circumstances. Making informed decisions on whether the tool is right for you by asking a few telling questions up front can mean the difference between getting to any one of a group of solutions, and getting to a solution that is most appropriate and most likely to succeed. Methodologies used inappropriately can lead Read More

Are ASP Applications Right for You? Part 2: Decision Criteria


Whether an application is best implemented as an ASP provided application or service, built in-house or purchased, generally depends on the same criteria as what would be used for outsourcing a function or process. This part details that criteria.

long term investment decision  open sourced software takes longer. Finally, the third time period, from release of the patch to the installation depends on the resources of the ASP, who must request the patch and test its installation and the operation of their system under the new software. In most cases the ASP''s monitoring and implementation resources will equal or exceed those at the implementing firm simply because it is their core business. Even when this is the case, there are situations where a specific bug may affect a Read More

The Dashboard Decision : Criteria for Selecting a Business Intelligence Solution


To simplify and greatly improve their BI shortlist selection processes, companies should focus on the business value and ongoing expenses that different solutions create—measured across a few key variables. This paper outlines key criteria that companies should consider when creating their business intelligence shortlists—and when making their ultimate selections.

long term investment decision   Read More

How Offshore Drilling Companies Realize ROI on an EAM Software Investment


Rig owners and operators today have an increased focus on asset integrity management (AIM) and risk management, and are reassessing their investments in enterprise asset management (EAM) software to ensure they have applications in place that are properly implemented and functional, ensure compliance with regulations, and adopt AIM best practices. This white paper discusses the EAM software features that can play a role in software project ROI for drilling contractors as well as specific, discrete steps to take during implementation.

long term investment decision  asset integrity management,enterprise asset management,EAM software,offshore drilling ROI Read More

Empowering Business Decision Makers by Extending SAP Applications


Performance management (PM) solutions can increase agility, improve corporate performance, and increase competitive advantage. But they can also limit you. If they don’t address your real business needs, and aren’t flexible enough to help you find reliable and innovative answers to key business questions, they can hinder rather than help. Discover how business users can manage their performance on an SAP infrastructure.

long term investment decision  IBM,sap,corporate performance management,erp business intelligence,erp companies,erp market,erp company,erp modules,performance management systems,best erp,erp application,erp consulting,erp vendors,scm erp,cost erp Read More

Business Intelligence for Consumer Packaged Goods: Actionable Insights for Business Decision Makers


Consumer packaged goods (CPG) companies have made big investments in data collection and integration. But, much of the data from their IT systems hasn’t been well analyzed or used. What’s needed is a new generation of business intelligence (BI) tools that can integrate cross- and inter-enterprise processes and data. Learn how BI can help you make better decisions, change business processes, and drive overall performance.

long term investment decision  to their advantage. No longer is it enough to leave information access to a select few; every business person needs to be empowered to access, analyze and act on trusted information, wherever and whenever needed, and in the context of the relevant business activities. That is why leading companies worldwide rely on solutions from Business Objects and SAP to provide end-to-end solutions for better business intelligence (BI). The business user is in the focal point, with an intuitive and system-agnostic Read More

TEC Launches a New Decision Support System: jDICE (just Decide-Ignore [Your Idiot] Customers and Employees)


Montreal, QC — April 1, 2010 — Technology Evaluation Centers (TEC), a world-wide leader in enterprise software evaluation, has released a new decision support system for pragmatic decision makers who already know what’s most important for their company: jDICE™ (just Decide—Ignore [Your Idiot] Customers and Employees). After all, why should you worry about customers or employees when

long term investment decision  dice you select, the longer it will take you to select your enterprise software! You may also be interested in our contract negotiation TAROT CARDS! Contact us for more special offers like this one, at www.ask-the-really-high-paid-experts.com ! Don’t delay! Read More

The ASP Decision


The ASP model is the latest in a long line of silver bullets that are supposed to simplify the delivery of technology’s benefits to the business world. This article provides some simple guidelines for determining if you should consider the ASP model along with thoughts on selecting an ASP.

long term investment decision  the latest in a long line of silver bullets that will simplify the delivery of technology''s benefits to the business world. The ASP model has recently enjoyed that distinction and the accompanying hype. Unfortunately, wading through the hype to determine if this particular silver bullet can bring value to your business is an arduous task. This article provides some simple guidelines for determining if you should consider the ASP model along with thoughts on selecting an ASP. Why an ASP? If you believe Read More

Pervasive BI: the Next Step to Superior Decision-Making


Find out in improving organizational decision-making through pervasive business intelligence.

long term investment decision  pervasive step superior decision making,pervasive,step,superior,decision,making,step superior decision making,pervasive superior decision making,pervasive step decision making,pervasive step superior making,pervasive step superior decision. Read More