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 make investment decision it

Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
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

Product Development and Portfolio Management RFI/RFP Template

Corporate Objectives Definition, Portfolio Definition, Product Investment, Product Investment Scoring, Portfolio Balancing, Product Investment Monitoring, Application Technology 

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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.”

make investment decision it  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 approval is no guarantee of final success. Getting to “yes” requires accessing and influencing other key 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).

make investment decision it  method does is to make the decision for you. It is a tool that is part of a process, not the complete process. However, it can be a very revealing component essential in the overall quality of the result. The method consists of ways to rationally input information, and then to evaluate the information according to the value requirements of the stakeholders. Hence a component in the mix is a knowledge base to store information, and an evaluation engine then enables the stakeholders to navigate through it Read More

How to Embrace CRM and Make it Succeed in Your Organization


Customer relationship management (CRM) is growing in importance as a competitive tool. However, a successful CRM solution must consider many factors, including a well-defined implementation strategy, the people factor, and the need for integration with the incumbent enterprise resource planning solution. If these conditions are met, CRM can have a dramatic impact on internal processes, customer satisfaction, and company profitability.

make investment decision it  interchange. For example, they make easy supplier collaboration as an extension to supply change management. Account information when a prospect becomes an active customer Account changes in Front Office CRM and Back Office databases Re-enter Sales Orders information for each account Return Merchandise Authorization information Accounts payable, accounts receivable and inventory information Without CRM and ERP integration, the CRM implementation is doomed from the start. Manual synchronization tasks are 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

make investment decision it  85 percent of companies make investment decisions based on politics rather than on valid data; 50 percent of new products miss profit objectives, while 79 percent miss their product launch date; and 85 percent of companies lack feasibility and risk data for innovation and NPI projects. The result is that 50 to 70 percent of initiatives fail overall, and manufacturing executives are growing frustrated with the so-called “black box” of R&D. They want better visibility into the probability of their Read More

6 IT Resolutions You Can’t Afford NOT to Make for 2009


Yes, we know everyone had a great New Years party. We saw the ball drop from Big Apple, watched celebrations all over the globe, and optimistically made the same old New Year resolutions again. But what about the resolution for your industry and the global economy in general? What does the dawn of 2009 have for your industry? Let’s evaluate some of the events which will mold the fortune of many

make investment decision it  Can’t Afford NOT to Make for 2009 Yes, we know everyone had a great New Years party. We saw the ball drop from Big Apple, watched celebrations all over the globe, and optimistically made the same old New Year resolutions again. But what about the resolution for your industry and the global economy in general? What does the dawn of 2009 have for your industry? Let’s evaluate some of the events which will mold the fortune of many organizations in 2009. As the sun was setting for 2008, I remembered the Read More

E-discovery Compliance and The New Requirements of IT: The IT Manager’s Guide to 100% Compliance


Considering that e-mail and other electronically stored information (ESI) create the electronic equivalent of DNA evidence, there is no doubt that their evidentiary role will continue to expand. Learn how implementing a strategic e-discovery compliance program can help US and Canadian employers preserve, protect, and produce legally compliant e-mail and other ESI when compelled to do so by a court or regulatory body.

make investment decision it  Symantec,MessageLabs,esi,ediscovery,compliance legal,legal compliance,ediscovery software,ediscovery email,ediscovery jobs,compliance with legal,ediscovery law,ediscovery compliance,ediscovery litigation,ediscovery rules,legal compliance officer Read More

If It Ain’t Broke, Don’t Fix It!!!


“If it ain’t broke, don’t fix it.” If this proverb were applied in today’s operations, every organization would be in a reactive mode of maintenance and work against the lean manufacturing concepts. Any breakdown or downtime on the manufacturing floor, in the warehouse, in transportation, or any other business process will create missed customer commitments, failed deliveries, idle time, and

make investment decision it  can be created to make decisions about equipment life cycles and projected investments. EAM applications provide a three-dimensional view for decision makers. EAM includes what needs to happen, when it needs to happen, and what is going to be needed in the form of resources, material, training etc. It is similar to the way individuals try to manage their personal assets (property, car, financial investments etc.) with optimized results. Organizations with asset-intense operations need to manage their Read More

2015: Ten Predictions for Decision Sciences


With most businesses across industry verticals still reeling under the impact of the economic slowdown, many are focusing on analytics-driven decision support across all facets of business where experts have to take decisions based on bits of information. Read about 10 predictions for analytics decision support for 1015—that will challenge conventional business wisdom and allow organizations to differentiate themselves and drive growth.

make investment decision it  decision support,analytic decision support predictions,mu sigma,dhiraj rajaram Read More

Dealership Management System: What Is It and Who Needs It?


What Is a DMS? When one talks about a DMS, people usually think about a document management system, a data management system, or even a destroyer mine sweeper. But very few people know that it’s also the acronym for “dealership management system,” which is a product or package of several products which is created specifically for the automotive industry. The core of any DMS is a

make investment decision it  customized solution that would make all systems talk to each other and exchange information in a seamless manner. This would mean a lot of work, and even with a huge budget, they might not be able to produce the end product—not to mention that any dealership they acquired in the future would force them to review their existing solution. To keep the best of all solutions they were currently using, which would mean that all other dealerships would have to implement that same system. This would mean new Read More

What's Wrong With Application Software? - A Possible Solution? What Is It, Why And How Does It Fit Into Your Future


The series, 'What's Wrong With Application Software' explored key challenges found in enterprise applications and also discussed the characteristics of next generation architectures that would provide better support for applications. Once such solution, model based architectures, deserves to be on an enterprise's 'technologies to watch' list.

make investment decision it  rules up front to make sure that business functionality is complete and correct before coding begins. The modeling approach allows visualization of the intended solution so that business analysts, end-users and developers can ensure that business needs are met before implementation in software code renders changes difficult and expensive to make. Using the model, the framework automatically generates the executable application instead of a programming team manually converting the specifications into Read More

Epicor Shows Resilience When It Needs It The Most


By stemming the tide of hefty losses of past years now amid possibly the most difficult market situation, Epicor might be showing us that 'calamity is the touchstone of a brave mind' and that it remains in the mid-market leadership race.

make investment decision it  recently been compelled to make tough decisions pertinent to its product lines and organizational issues. In addition to the economic slowdown reasons often cited by many struggling vendors'' executives and to the non-cited fierce competition from Tier 1 vendors, Epicor''s situation has been aggravated by the need to rationalize functional overlap and diverse products and/or technologies inherited with the acquisition of DataWorks Corporation in 1998, a mid-range manufacturing ERP supplier which had had a Read More

Columbus IT (USA)


Columbus IT is largely regarded as Microsoft's leading global Dynamics AX and NAV partner. The company delivers Microsoft-based consulting services in 30 countries, with more than 1,200 employees. The company has successfully deployed Microsoft Dynamics into more than 5,000 companies in 101 countries. Its consulting and development teams were first to work with Microsoft Dynamics AX in 1999 and have been implementing it from version 1.In 2009, CIT were selected as Microsoft's global Retail Partner of the Year and Manufacturing and Distribution Partner of the Year - Finalist.

make investment decision it   Read More

NORRIQ Group’s Drink-IT Mixed-Mode Manufacturing (ERP) Certification Report


NORRIQ Group's Drink-IT solution is now TEC certified in the mixed-mode manufacturing (ERP) software solution space. Drink-IT is one of the only global ERP solutions designed specifically for the beverage industry, supporting the unique needs of beverage producers and manufacturers with additional extensive functionality on top of the Microsoft Dynamics NAV platform. Download the Drink-IT certification report now for product analysis, comparison with the average ERP for mixed-mode manufacturing solution, and in-depth analyst commentary.

make investment decision it  mixed-mode, manufacturing, NORRIQ, Drink-IT, ERP, TEC certified, TEC certification, drink, beverage, F&B Read More

IT Governance: Maximizing the Business Investment


Implementing information technology (IT) governance means using a structure of relationships and processes to direct an organization. Some project portfolio management (PPM) vendors have adopted the IT governance mantra to differentiate their solutions from those offered by the enterprise resource planning (ERP) industry.

make investment decision it  and control of financials make Niku a strong candidate for regulatory compliance (e.g., SOX). Also, its robust resource planning module provides extensive resource management capabilities to support sophisticated IT governance policies. As one of the originators of PPM, Niku is a serious contender for organizations looking for extensive functionality to support their IT governance framework. ProSight ''s portfolio management software''s real strength lies in PPM and compliance for the government sector. Read More