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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

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

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

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

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

Data Mining: The Brains Behind eCRM


Data mining has emerged from obscure beginnings in artificial intelligence to become a viable and increasingly popular tool for putting data to work. Data mining is a set of techniques for automating the exploration of data and uncovering hidden truths.

prediction  to create models for prediction and identification. In contrast to supervised learning, unsupervised learning constructs data mining models independent of any supplied performance criteria. The algorithm that creates these models searches through a large collection of input data and finds relationships on its own without requiring the user to supply an expected output. In our dog training analogy, this would be equivalent to shouting a series of commands at Fido and letting him decide how to respond. Read More

Nurturing the Cloud Ecosystem at the Acumatica Partner Summit 2014—Part Two


At the recent Acumatica Partner Summit 2014, the focus was on the cloud enterprise resource planning (ERP) vendor’s partner ecosystem. In this post, part two of our series on the Partner Summit, we’ll look at Acumatica’s current focus on its partner network and future possibilities for the partner ecosystem.

prediction  million (USD) (with a prediction of reaching $500 million in a few years’ time). He mentioned that Acumatica keeps running into NetSuite in about 20 percent of deals. Although Acumatica is about 15 times smaller than NetSuite in terms of revenues, NetSuite’s ecosystem is only about 4 times larger than Acumatica’s given the vendor’s focus on the upper mid-market and direct sales (see Figure 4).    Figure 4 —Acumatica ecosystem vs. NetSuite ecosystem (click for larger images)   Roskill Read More

Do We Already Know Whether You’re Going To Read This Article?


SLP InfoWare announced a product that can predict which of an ISP’s customers are likely to leave.

prediction  the case of a churn-prediction product, record the product''s predictions for members of both groups, but only attempt to intervene with one of the groups. At the end of a four to six month period you will be able to evaluate the success of the product (and of your interventions) and decide whether to extend it across your customer base. SLP Infoware offers a version of this test as a part of its sales effort, through a program they call Proof of Value (POV). According to Jerome Nagel, VP for Marketing Read More

Cream.HR's Solution to Today's Recruiting Challenges


I recently interviewed Caitlin MacGregor, chief executive officer (CEO) and co-founder of Cream.HR, a company that produces a software solution that supports organizations with their recruitment and staffing needs. Cream.HR first captured my attention when it published an announcement about a potential collaboration with the Mars One mission to tackle Mars One’s flood of applications. To meet

prediction  value of even low prediction accuracy is so great, this finding is significant. However, the success of this approach relies equally on the accurate assessment of company culture and needs at a given point in time. Let’s be clear, a candidate may possess all the personality traits but may lack the characteristics that make him or her the perfect fit for an individual company or team within that company. This is one of the variables that is critical to the successful completion of the process. Cream.HR Read More

Smaller Vendors Can Still Provide Relevant Business Systems Part Four: MRO and Spare Parts Management


Service or spare parts have lately become both a blessing and a curse for many manufacturers.

prediction  replacement scheduling, and time-to-failure prediction. A&D companies design low-volume, high-cost products for high reliability, but still maintain stocks of complex and expensive spares, since in this industry, the impact of any failure 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 as parts face Read More

Future Compatible


Companies contemplating upgrading or replacing their enterprise resource planning systems should evaluate whether the change will be compatible with future ERP II deployment strategies. This article examines the future of enterprise business applications and the requirements to ensure future compatibility.

prediction  to the following Gartner prediction. The need to support collaborative business processes will cause some enterprises to perform an ERP migration simply to achieve ERP II capabilities. —Gartner [Research Note COM-18-7378] Conclusion Upgrading an existing ERP system for the sole purpose of remaining on a supported version may not be strategically prudent, particularly if the new version does not enable an organization to embrace ERP II deployment strategies in the future. In this situation a user Read More

Advertising Makes It Up In Volume


A small decline in Internet advertising rates turns out to be no problem for the advertising business as inventory explodes.

prediction  If there is a prediction to be made here it is that within a few years some of the basic parameters of these processes will be determined experimentally, and students of differential equations will be working homework problems based on Internet advertising. User Recommendations A company planning to build a business based on revenues from advertising on a website should develop its business plan based on slowly decreasing CPM rates. The same 10 million monthly ad impressions - not an unreasonable number Read More

Asset Data for Accurate Lifecycle Management


Among the areas where modern enterprise asset management (EAM) systems provide substantial benefits is the driving out of inefficiencies in business processes. This is why the development of effective maintenance policies is generally the foremost consideration for modern asset managers.

prediction  regarding asset degradation and predictions of capital spend requirements. By the inclusion of these outputs of an RCM analysis, asset managers can use the results with increasing confidence as predictors of whole-of-life cost profiles, and end-of-life points. Preventive Maintenance Where predictive maintenance tasks cannot be applied, for whatever reason, the next two options on either side of the decision diagram are preventive maintenance tasks. These are tasks that are aimed at either restoring an ass Read More

Predictive Analytics; the Future of Business Intelligence


Business intelligence (BI) is evolving as it grows in popularity. Within BI, there is a shift from traditional analytics to predictive analytics, and predictive analytics is emerging as a distinct new software sector.

prediction  mining concerned with the prediction of future probabilities and trends. Predictive analytics is used to automatically analyze large amounts of data with different variables; it includes clustering, decision trees, market basket analysis, regression modeling, neural nets, genetic algorithms, text mining, hypothesis testing, decision analytics, and more. The core element of predictive analytics is the predictor, a variable that can be measured for an individual or entity to predict future behavior. For exa Read More