X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 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. 

Evaluate Now

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 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

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

The Return on Investment of IP Telephony Management


Managing a newly deployed voice over Internet protocol (VoIP) integration project is not as easy as some IT managers believe it to be. Delivering voice traffic over the IP network is time-consuming, and requires the right tools and a proper budget. To fully understand the costs associated with IP telephony implementation, businesses must first conduct a thorough evaluation of their management options—prior to deployment.

long term investment decision  for large rollouts or long-term engagements. Actual dollar-spend on IP telephony management in displayed in Table 2: IP Telephony Management Budgets, Page 4. Costs can range from $25,000 for small companies, to $50,000 for midsize companies, to several hundred thousand dollars for large companies and as much as $2 million for global enterprises. It’s imperative to get this line item into the request for proposal right away—and to use these tools during the configuration and implementation. As our Read More

The 2008 Handbook of Application Delivery: A Guide to Decision Making


IT organizations can no longer manage networks in isolation from the applications they support, requiring a shift from focusing on devices to a focus on performance. But a number of factors complicate the task of ensuring acceptable application performance, including the lack of visibility into application performance. Learn tips to plan, optimize, manage, and control your application performance and improve delivery.

long term investment decision  extremely large files over long distances. He noted that his organization now wants to deploy products proactively to solve a broader range of issues relative to application performance. According to The Motion Picture Architect, Even a well written application does not run well over long distances. In order to run well, the application needs to be very thin and it is very difficult to write a full featured application that is very thin. IT organizations often start with a tactical deployment of WOCs 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

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  decision making, real-time decision making, right-time decision making, big data, data management, analytics tools, data analytics, data quality Read More

Why CRM Software is a Smart Investment in a down Economy


Find out more about why CRM is such a smart and timely investment for your small or midsized business in the white paper, crm: a business imperativ...

long term investment decision  crm software smart investment economy,crm,software,smart,investment,economy,software smart investment economy,crm smart investment economy,crm software investment economy,crm software smart economy,crm software smart investment. 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

Implementing ERP Technology to Successfully Achieve Return on Investment


When it comes to software implementations, organizations large and small share the common goal of rapid deployment and return on investment. Small and medium businesses (SMB) however, face unique issues and challenges that might not be satisfied by vendors that typically serve the Fortune 1000 or tier one community. Such vendors may tout specialized "SMB solutions", but many times they are nothing more than scaled-down versions of the larger enterprise suites that do not take into account SMB concerns. By following some fundamental concepts, smaller companies can make their technology investments pay off, with little disruption to the business. This paper discusses nine steps to easier ERP implementations and better profits.

long term investment decision  tip,hint,Exact,Implementation,ERP 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  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

Mastering the Long Tail of Demand


The Long Tail—a strategy involving the sale of a large number of exclusive items in small quantities—is growing. Most companies are dealing with a far greater variety of stock keeping units (SKUs) and slow-moving items with lumpy, unpredictable demand patterns. Learn why Long Tails are growing, and how you can look for opportunities to improve your top and your bottom line by successfully managing long tail inventories.

long term investment decision  the Long Tail of Demand The Long Tail—a strategy involving the sale of a large number of exclusive items in small quantities—is growing. Most companies are dealing with a far greater variety of stock keeping units (SKUs) and slow-moving items with lumpy, unpredictable demand patterns. Learn why Long Tails are growing, and how you can look for opportunities to improve your top and your bottom line by successfully managing long tail inventories. Read More

Anatomy of a Decision: SAP versus Oracle JD Edwards EnterpriseOne


As SAP and Oracle step up their efforts to attract midmarket customers, more and more of those customers are including top-tier vendors in their enterprise application evaluation process. Nucleus Research's analysts conducted in-depth interviews with a number of companies that recently went through the ERP decision process and selected EnterpriseOne instead of SAP. This research note focuses on the decision process and factors of those companies. Download the results of this analysis now.

long term investment decision  jde,oracle check,jd edwards,edwards jd,oracle free,oracle pdf,pdf oracle,small business software,sap pdf,sap software,software sap,version of oracle,program sap,oracle software,jde edwards Read More