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 prediction

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.

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Documents related to » prediction

Should interBiz Mean Intelligence And Prediction Beyond ERP?


Although interBiz has spouted an interesting value proposition to many enterprise applications users, the company still has to address some potential stumbling blocks in order to clear the path to its applications business success.

prediction  interBiz Mean Intelligence And Prediction Beyond ERP? Should interBiz Mean Intelligence And Prediction Beyond ERP? P.J. Jakovljevic - December 6, 2001 Event Summary  In October and November, interBiz , the eBusiness applications division of Computer Associates International, Inc. (NYSE: CA), expanded its back-office solutions with the announcement of product enhancements and a free benchmarking service. The announcements were: A free benchmarking service for businesses in durable goods industries Read More

Wrapping Up FOSS Predictions for 2010 with a Look Back


I love end of year predictions. Whether they're right or wrong is one thing, but it's valuable to imagine various scenarios of what might happen. Taking the time to consider and connect what has happened with what might happen, opens new insights. Having said that, I'm not going to make a 2010 prediction about Free and Open Source Software (FOSS). I do, however, want to share some stats about

prediction  to make a 2010 prediction about Free and Open Source Software (FOSS). I do, however, want to share some stats about demand trends for enterprise FOSS platforms between 2008 and 2009. I want to see how those jibe with predictions from some other analysts. And maybe, if you squint real hard at the changes between the ''08 and ''09 stats, you’ll get some ideas about what will happen in 2010. A little googling turns up evidence and arguments demonstrating that much of the fear, uncertainty, and doubt (FUD) Read More

Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis


By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

prediction  certain laws about a prediction of ROI will forever hold true… the prediction will always be wrong the prediction will always change for as long as the analysis continues someone is going to be held accountable for the prediction - Just give us the bottom line! After a quick look at these issues, one might question the effort to undertake the analysis to predict an ROI, as well as the validity of the outcome. Perfect, or even complete, information may not be feasible, but if a few basic principles Read More

Should interBiz Mean Intelligence And Prediction Beyond ERP? - Part 2: Challenges and Market Impact


InterBiz remains one of the most widely used of the upper-mid-range ERP vendors. It has done much to rejuvenate its acquired enterprise applications arsenal. What remains is disseminating a clear message on which market the combined set of products has been targeting.

prediction  interBiz Mean Intelligence And Prediction Beyond ERP? - Part 2: Challenges and Market Impact Should Should interBiz Mean Intelligence And Prediction Beyond ERP? Part 2: Challenges and Market Impact P.J. Jakovljevic - December 10, 2001 Event Summary  In October and November, interBiz, the eBusiness applications division of Computer Associates International, Inc. (NYSE: CA), expanded its back-office solutions with the announcement of product enhancements and a free benchmarking service. The announcements Read More

Will That Wretched ERP Finally Die? Possibly, But Only the Acronym!


Yet another ERP doom saying. This time, a prediction was given that ERP systems will only host 40 percent of business applications by 2004 partly due to the rise of collaborative commerce.

prediction  economy by 2004. A prediction was given that ERP systems will only host 40 percent of business applications by 2004 due in part to the rise of collaborative commerce, or c-commerce. With traditional ERP systems, attention is placed on internal productivity. What will happen to alter that model is the emergence of a more diverse enterprise framework. From now until 2004, a more dynamic online marketplace will emerge, where companies can collaborate with employees, customers, stockholders, sales channels Read More

Analyst Take on SAPPHIRE 2013


With a very interesting book presentation on "The Human Face of Big Data," announcements on cloud-based solutions, and extensive and intensive discussions regarding the readiness (or not) of HANA for prime-time deployments in the enterprise, the recent SAPPHIRE 2013 conference was full of exciting and interesting developments—though, I must admit, I was disinterested at times by the repetitive

prediction  industry to enabling the prediction and consumption and real-time consumption analysis in utilities. Jim also pointed out SAP’s three major steps into the future—what he called SAP’s quantum leaps: Innovation—all data is in-memory and HANA is SAP’s innovation platform The cloud—SAP is committed to bringing all its applications to the cloud Mobile—SAP focuses on the end user and customer experience, and is redesigning and widening all of its mobile application portfolio In addition to Read More

Managing Demand: Considerations for the Chemicals Industry


Enterprise systems have brought many benefits to chemical environments, but for individual enterprises, gaining these benefits requires selecting a solution that can deal with the unique needs of the business.

prediction  demand effectively (with accurate prediction and timely fulfillment) is fundamental to optimizing the supply chain, given that demand is the force that drives the chemical supply chain. But as mentioned many times before, the complexity of today''s global chemical industry creates significant hurdles for effective demand management, since both suppliers and their customers are subject to market uncertainty and price volatility. The growing trends towards customization and segmentation mean that producers Read More

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part One: Trends and Definition


The metric of plant maintenance should now be in the ability of the plant to meet the strategic goals of the company beyond customarily expected cost savings, such as improved plant output, performance predictability, product quality, customer service, safety, environmental control, etc.

prediction  prevention to one of prediction, so that appropriate action can be taken early on. APICS Dictionary defines predictive maintenance as a type of preventive maintenance based on nondestructive testing and statistical analysis, used to predict when required maintenance should be scheduled. Predictive maintenance typically leverages indirect maintenance activities (e.g., condition monitoring), whereas preventive maintenance tends to focus on direct activities (e.g., cleaning, lubrication, replacement, repairs Read More

Identifying the ROI of a Software Application for Supply Chain Management Part 4: Just Give Us the Bottom Line


Managers weighing an investment in software for supply chain face pressure to be right. Looking for a precise calculation of ROI often results in making an uninformed decision. Part four discusses the difficulty in predicting the future.

prediction  certain laws about a prediction of ROI will forever hold true… the prediction will always be wrong the prediction will always change for as long as the analysis continues someone is going to be held accountable for the prediction - Just give us the bottom line! After a quick look at these issues, one might question the effort to undertake the analysis to predict an ROI, as well as the validity of the outcome. Perfect, or even complete, information may not be feasible, but if a few basic principles Read More

New Manufacturing Solution in the Cloud: Exact Macola On Demand


Editor's note, December 19, 2012: According to the vendor, the product discussed below did not become available. Exact Software has recently released a new enterprise resource planning (ERP) offering in the cloud. Headquartered in the Netherlands and with offices in North America serving 100,000 customers worldwide, Exact offers two global ERP products (Globe and Synergy), as well as other

prediction  their premises. But my prediction is that we will see more ERP products in the cloud in the near future, not only from Exact, but also from other vendors targeting the SMB market. Two major factors will drive manufacturing companies to try a cloud delivery model: the savings they can make, particularly if they have two or more production sites (which will require much investment in terms of time and money for supporting their IT infrastructure), and dispelling some of the myths on the disadvantages Read More

Supply Chain Management Systems for Service and Replacement Parts: Players, Benefits, and User Recommendations


Improved service management boosts revenue from both service offerings and new product sales, while improved customer service and enhanced offerings increase customer retention, and draw new service business, providing an additional, low risk and likely repeated revenue stream over a long period of ownership.

prediction  and mean time-for-failure (MTFF) prediction. A&D companies design low-volume, high-cost products for high reliability, but still maintain stocks of complex and expensive spares, since the impact of any failure in this industry, is large and requires adequate stocks of parts at several locations for rapid replacement in case of repair. On one hand, minimizing the number of new parts introduced into the market (and subsequently into inventory) should be a major aim, particularly because parts face Read More

CMMS Templates for Effective Implementations


Despite all of these great advances in our work environments the great majority of plants and industrial organizations continue to operate in a reactive state of maintenance. Why is this so? Today the functionalities of CMMS, or the technology to manage maintenance, have outstripped our abilities to do so in practice.

prediction  control over the adequate prediction or of failure. Equally if we miss a scheduled human intervention we run the risk of excess deterioration possibly leading to a failed state and excessive costs. Again it needs to be noted that this also has severe potential safety and environmental consequences. Of which industry in general is only recently starting to realize. It then becomes obvious that while the content of this particularly simple example, the reliability focused equipment strategies, are of Read More

In Search of Clarity: Unraveling the Complexities of Executive Decision Making


Decision making is at the core of all business activity, as executives set strategy and manage operations by weighing a vast array of factors to arrive at the desired balance of risk and reward. But enormous growth in a company’s size and operations adds complexity to decision-making processes. Learn about the five ingredients of good decision making, according to the responses of 154 executives in a global survey.

prediction  on some sort of prediction in making their choices, while only 8% look primarily to historical information—with the rest using some combination. But how should companies think about the future in a highly uncertain world? One approach followed by a number of companies, notably the energy firm Royal Dutch Shell, is to use scenarios. These are sets of stories about possible futures based on the identification of predetermined elements and key uncertainties considered most likely to shape conditions going Read More

The Magic Behind Planning and Executing (Optimal) Service Supply Chains - Part 3


Part 1 of this series established that service supply chains have many planning levels and time horizons, which can be roughly divided into the following categories: the immediate period around the day of service, and forecasting and  planning for the day of service. My blog post then expanded on the various approaches to the challenges on the actual day of service. Part 2 delved more deeply

prediction  must have a reasonable prediction of future demand so that they can accurately plan their resources and address any gaps. Management should discern what  marketing  or business initiatives are likely to produce more (or less) demand. Logically, in an integrated service supply chain, changes to the forecast will automatically adjust the capacity plan and shift assignments, while changes to the capacity plan will alter resource availability in the schedule. Since 100 percent accuracy is impossible to Read More