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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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 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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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

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 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

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

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

Leveraging Customer Lifetime Value to Increase Return on Marketing Investment (ROMI)


As one-to-one marketing begins to permeate mainstream business practices, organizations in highly competitive markets struggle to gain an advantage. Thus, as part of an ongoing effort to differentiate products and services, best-in-breed organizations are now using a tool called “customer lifetime value,” a metric that projects a customer’s value over the entire span of that customer s relationship with a company.

long term investment decision   Read More

Productivity or Pain: Measuring the Value of Mobile Investment


Most organizations have already taken steps to extend IT access to employees in remote locations. The questions is, should they continue to extend this process—and how? Mobile technology benefits are often difficult to measure, but the costs of hardware, software, and services are often of such a magnitude that the benefits need to be tangible to justify the cost.

long term investment decision   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

HR Analytics: Driving Return on Human Capital Investment


Organizations may be supported by workforce analytics to drive return on human capital investment today and into the future and to see the value the workforce delivers to organizational performance. This paper will introduces a human resources (HR) analytics offering and show how the increased power of having metrics and analytic insight can align core HR business processes with organizational goals and strategies.By downloading this document, you agree to provide contact information and other data to select sponsors of this content.

long term investment decision  return on human capital investment,HR analytics,human resources analytics,HR metrics,human capital ROI,Oracle HR analytics Read More

A Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion


In going through a business decision process for complex technology selections, more and more use is being made of technologically driven processes using Decision support tools and captured knowledge. The use of these systems and the capability to drive a solution from them assumes an ability to accurately express business requirements and business value within these tools. In this article, we explore the marriage of knowledge management and decision support in forming knowledge based selection systems and procedures that can assist in reducing the current appalling record of IT project failures. This is illustrated by the process to select a Personal Digital Assistant (PDA).

long term investment decision  their offerings results in long sales cycles, meticulous and numerous RFI responses, and potential for a mismatch, resulting in projects that can go awry. These failed projects do not bode well for the vendor, since the sales cycle costs can only rise, and their reputation can suffer. Consequences can be more severe for the client where it can, in extreme cases, lead to business failure. For implementers, the issue is similar: having inadequate information for the implementation phase means an inability 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

Integrated by Design: The Superior Strategy for Investment Portfolio Reportin


Systems for monitoring, managing, and reporting on financial assets are mission-critical—particularly in a volatile investment environment. Yet, far too many insurers rely on legacy systems that are out-dated, expensive to maintain, limited in portfolio visibility, ineffective for assessing risk exposure in a timely fashion, and heavily reliant on time-consuming, error-prone manual reconciliation. Find out more.

long term investment decision  Investment,reporting,analytics,integrated,SaaS,solution,accounting,compliance,performance,risk Read More

SaaS BI Tools: Better Decision Making for the Rest of Us


Conventional business intelligence (BI) tools are often not available to decision makers and are typically designed for use by trained business analysts. Learn about software-as-a-service (SaaS) BI tools designed to help non-IT people who struggle with the task of mining Microsoft Excel spreadsheets and other unstructured data sources to make sales forecasts, plan for resource utilization, or service customer accounts.

long term investment decision  cognos business intelligence,saas service,bi reporting,saas crm,saas model,spreadsheet planning,business intelligence data warehousing,business intelligence system,business intelligence systems,saas erp,business intelligence market,business intelligence solution,business intelligence tool,business intelligence training,saas business Read More

Case Study: Georg Fischer’s CRM Investment Improves Transparency and Customer Service


Georg Fischer, a global provider of fluid-handling systems, was using a simple database to manage customer contact information. But the company couldn’t effectively track the progress of customer relationships, opportunities, and projects, and so key data was often lost. By implementing an integrated enterprise application, the company now has centralized customer contact information, and improved customer relationships.

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