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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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 roi maintenance cost category

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

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » roi maintenance cost category

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part Two: Reliability Driven Maintenance


Reliability driven maintenance (RDM) focuses on understanding the "asset health" to determine what maintenance work should occur and when something should be done. It enables preemptive intervention before failure occurs, whereby failure would mean that equipment is not delivering required performance regardless of whether it is actually broken down or not.

roi maintenance cost category  demonstrate return of investments (ROI) from EAM systems, which has been well noted by Ivara, given its emphasis on building a business case for every prospective customer. Further, enterprises require an ever broader suite of extended enterprise resource planning (ERP) functionality ranging from a strong engineering foundation and customer service front end to support demand management, all bundled with a set of administrative and reporting capabilities and integration to financial and human resources Read More

Overwhelmed by Vendor Hype? Head for the Exit Before It's Too Late


Frustrated with all the hype and buzzwords that software vendors throw around? You’re not alone. TEC senior copywriter Larry Blitz and managing editor David Clark take a (mostly tongue-in-cheek) look at software providers’ major language crimes. And what you can do about it.Larry: Dave, some people put software vendors in the same less-than-saintly category as used car salesmen or, dare

roi maintenance cost category  Competitiveness Profitable Out-of-the-box ROI Flexible Customer-centric Business agility Strategic Mission-critical Profitability enhancement Larry : Excellent, Dave! And what fun! Next time I ask my girlfriend to a movie, I’m going to say: Hey, strategic partner, what say we converge on a cost-effective, comprehensive, and holistic cinematic experience. I hear the value cycle and ROI are absolutely robust. She’ll be impressed, right? Dave: She will be if she works for a software vendor. Larr Read More

CAD-Centric PLM, ERP-Centric PLM, and Organic PLM: What’s Right for You? - Part 2


Part 1 of this blog series started with the assertion that product lifecycle management (PLM) solutions are becoming increasingly important to enterprises, to a strategic degree. However, not all PLM products are created equal, especially in light of their different origins. My post then explored the strengths and weaknesses of the first group of PLM solutions: those coming from

roi maintenance cost category  there is likely no ROI in switching systems. One overall PLM process offering from a single supplier with tight integration to all of the PLM functionalities and departmental applications is not a reality for most companies. Not unlike in the ERP realm, the material resource planning (MRP) concept was relatively straightforward (as is PDM within PLM). MRP II, ERP, extended-ERP, and whatever broader enterprise systems we have nowadays, bring in more departments and trading partners in the process. With Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

roi maintenance cost category  cost of ownership and ROI models. Invariably, when TCO is considered, the lowest priced solution becomes more expensive and the benefits of the cheap price are lost. Conclusion The implementation of any mission-critical software application is fraught with risk. As the Standish Group statistics at the beginning of the article note, over 30% of implementations fail, and over 50% cost more than twice the original estimates. Those are very bad odds that most organizations should not accept. Pursuing an Read More

Vendor Feels the Heat in Hot Product Lifecycle Management Market


The product lifecycle management (PLM) market is expected to experience double digit growth through 2008, driven by market dynamics like outsourcing and global product development. However, not all PLM software vendors are riding this wave of PLM market growth and profitability.

roi maintenance cost category  increasing return on investment (ROI) by reducing time-to-market resonates with enterprises as they continue their search for cost reduction while increasing process efficiencies and product superiority. PTC and UGS are not the only vendors in the PLM market experiencing growth. The PLM market''s vitality can also be seen in the investments and performance of enterprise resource planning (ERP) vendors. SAP , Oracle , and SSA Global are all committed to their individual PLM product solutions, investing Read More

Identifying the ROI of a Software Application for SCM Part 2: We Are Looking for the Vendor To Tell Us


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. This part discusses what to do when business analysis skills are lacking.

roi maintenance cost category  the ROI of a Software Application for SCM Part 2: We Are Looking for the Vendor To Tell Us Identifying the ROI of a Software Application for SCM Executive Summary    The competitive environment for every industry grows increasingly intense. Fast, reasonably accurate information about the impact of a software investment decision grows more critical. Many decision-makers look for an exact forecast of return on investment (ROI) from the purchase of a supply chain management application. At least Read More

Service Parts Planning for Maintenance Management


Whether you have a small network with a couple of printers and a fax machine, or a sophisticated shop floor using robots, cranes, etc., you have to make sure your assets are functioning properly. One of the main challenges is finding the right spare part to repair your equipment. There are two facts that are certain in the enterprise asset management (EAM) world: 1. your equipment will break

roi maintenance cost category  Parts Planning for Maintenance Management Whether you have a small network with a couple of printers and a fax machine, or a sophisticated shop floor using robots, cranes, etc., you have to make sure your assets are functioning properly. One of the main challenges is finding the right spare part to repair your equipment. There are two facts that are certain in the enterprise asset management (EAM) world: 1. your equipment will break sooner or later; and 2. it will eventually become obsolete. It is Read More

Globalization ROI Components


There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives.

roi maintenance cost category  ROI Components There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives. Read More

PCI Compliance Cost Analysis


The Payment Card Industry Data Security Standard (PCI-DSS) was created by credit card companies to protect cardholder data, ensuring that merchants and service providers maintain the highest degree of information security. However, many retailers are still questioning its effectiveness and necessity in light of the high cost of compliance. Read this white paper to find out what this cost really means for your organization.

roi maintenance cost category   Read More

Team With Business Management to Drive Out IT Cost


IT complexity drives cost and to a great extent, it is business management that drives IT complexity. Until IT architecture and infrastructure are simplified and configured into an adaptable platform, system design and construction will be fraught with wasteful work and non-essential components.

roi maintenance cost category  IT Department,Business Management,IT Cost,Information technology,operating costs,manufacturing capacity,business manager,business operation,performance business operations,business process improvement,business applications Read More

The Case for Enterprise Cost Systems


Many manufacturers have already implemented enterprise resource planning (ERP) systems. That’s why questions about the need for an additional system to track, analyze, and manage costs are no surprise. Does it replace the entire ERP system? Is there additional work for cost personnel? While each user of enterprise cost systems uses them differently, the road to success lies in using them in conjunction with ERP systems.

roi maintenance cost category   Read More

The Quest for Leaner Asset Management: Interoperablility with ERP, GIS and HMI/SCADA Enables Maintenance Management Systems to Achieve Higher Levels of Efficiency and Increased Asset Output


Managers of maintenance systems continually strive for leaner, more optimized work flows. This white paper presents the benefits achieved by interoperating with enterprise resource planning (ERP), geographic information system (GIS), and human machine interface (HMI) and supervisory control and data acquisition (SCADA) systems. The paper also presents the different approaches that organizations are taking to address the interoperability challenge.

roi maintenance cost category  Quest for Leaner Asset Management: Interoperablility with ERP, GIS and HMI/SCADA Enables Maintenance Management Systems to Achieve Higher Levels of Efficiency and Increased Asset Output Managers of maintenance systems continually strive for leaner, more optimized work flows. This white paper presents the benefits achieved by interoperating with enterprise resource planning (ERP), geographic information system (GIS), and human machine interface (HMI) and supervisory control and data acquisition (SCADA) Read More

ROI Case Study: IBM Business Analytics, Accelrys


IBM Cognos Express Xcelerator helped this software and services company earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs.

roi maintenance cost category  earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs. Read More

Case Study: Enterprise Cost Control Simplifies the Complex


Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details.

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How to Compare the Real Cost of Accounting Software: 30 Questions to Ask Before You Sign the Contract


Once you decide it’s time to upgrade the enterprise resource planning (ERP) for accounting system, the next question is: “How much does it cost?” However, many variables factor into the total project price—and software is only a fraction of that. Discover 16 insider tips that can help you save money, as well as 30 specific questions to ask your software vendor, so you can avoid hidden costs and understand the total quote.

roi maintenance cost category   Read More