Aarkstore announce a new report  “Evolving Enterprise Applications 2009 – Increasing the Business Value of Investments in ERP and CRM” through its vast collection of market research report.

Enterprise applications like ERP and CRM systems provide the DNA for successful organisations but their scope and impact is so extensive, and the cost and risk of change can be so high, that they are often viewed as static transactional engines that are altered only when absolutely necessary. Although understandable, this approach has negative repercussions for the business and prevents the full value of these expensive, strategic and under-utilised assets from being realised. At a time when budgets are frozen or shrinking it pays to have a range of strategies and programmes that can be put in place to maximise the business value of existing investments.

These should cover optimisation of the existing implementation, and evolving and improving it via intelligent additions. We should also bear in mind that the current tough times will come to an end, at which point systems will have to be fit and healthy in order to cope with the upswing, so paying attention to the basics now will pay extra dividends later.

KEY FINDINGS

Enterprise applications are an easy target for cost-cutting initiatives but inappropriate cost cutting of the core applications that run the business undermines value and increases risk.

Breaking down organisational silos, particularly between IT and business units, is fundamental to exploiting the innate value of enterprise systems but requires a collaborative culture and enterprise architecture approach.

Applications are in a state of change – restructuring around a series of platforms and tasked with delivering process standardisation.

Application extension is not just about adding new functionality but providing tools for insight, analysis, and collaboration.

The Software-as-a-Service (SaaS) model brings its disruptive influence to bear on the integration, ERP, and application development areas.

Under-utilisation of existing systems is a significant issue – 50% of standard functionality regularly goes unused.

Standardisation is a major contributor to unlocking value and reducing costs.

Strategic maintenance management can improve operational costs and release resources for value-generating initiatives.

The next round of upgrades will be more challenging than normal technical or functional upgrades but is necessary in order to support the quest for business agility.

Stability and flexibility appear to be mutually exclusive, but architectural change is starting to provide a solution, thereby providing a business case for additional investment.

Service Oriented Architecture (SOA) and Business Process Management (BPM) are edging systems towards the much sought after alignment between applications and business objectives and application agility.

This Report reveals:

How to make the most of existing financial and intellectual property investments in enterprise applications.

What steps organisations can take to control the cost of maintenance and assess its real value to the business.

The impact of Software-as-a-Service on delivery and payment models, and key technology and integration considerations.

Where to direct investment in application extensions in order to secure the most effective returns.

How technology change around SOA and BPM is impacting the way applications are constructed, accessed, and managed.

The role of portfolio management and application consolidation in managing for business value and cost effectiveness.

Why increased utilisation of standard components reduces cost and risk to the business.

Why enterprise application upgrades are still so challenging and what can be done to ease the pain.

Additional Information

CATALYST

Enterprise applications are functionally mature at the core but remain immature in the value generation area. Technology changes are opening up more opportunities for value maximisation at the business level but are also increasing complexity so that, more than ever, enterprise applications need to be viewed and managed from the multiple perspectives of architecture, process ability, and delivery, under the banner of cost and value to the business.

ANALYSIS

Introduction

Enterprise applications – integrated suites of applications used to run a large part of an organisation’s core business – are highly mature in terms of functionality, with some aspects qualifying as commodity operations because there is little differentiation between the various offerings. They are far from being commodity items in their entirety however because of their role in automating, standardising, and executing the critical operations needed to run a business. Investment in enterprise applications is a consistently high priority for organisations but the unfortunate aspects of their cost and complexity make them a prime target for cost cutting during recessionary times.

While constant evolution could be interpreted as a sign of weakness, it is more an indication of their strategic value and a reflection of the cost and intellectual capital tied up in them. Indiscriminate cutting will undermine value and increase risk to the business; strategic investments to improve efficiency or better manage interactions can release the value from existing investments, and generate new opportunities.

Business Issues

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Healthcare is a sector of great importance, as those related with here are human beings, rather than machines. Here, lives are at stake, in the sense of reality than just business dealings, where it’s the numbers or hefty sums that are pivotal in considerations. There are many factors in association with the healthcare sector. Nowadays, software also plays its part in facilitating actual progress and results in the healthcare sector.

ERP is one such software used in the healthcare sector. ERP stands for Enterprise Resource Planning. This software stores, organizes and retrieves information from a common database as and when required. In the past years, the systems to keep records and organize them to meet formalities were so informal and unsystematic that, lives were at times, on stake. But now, with ERP in scenario, all information on patient is stored in a common database, to which all hospitals have access and are connected from within. This helps, save lives of patients, without problems of the doctor not knowing the medical history of patients, incase of emergencies. This makes the healthcare sector function, with greater accuracy, precision and effectiveness. Here, life of the patient is given top and utmost priority as always.

This software also helps to bringing down the costs, which stood high, without ERP in existence. The involvement of paper works are kept to the minimal, which reduces errors, loses of information and other problems of storage. This software helps in the fast and timely retrieval of information to facilitate saving the patients when it really matters the most.

Advantages of ERP in Healthcare Sector

Accurate Data

The data provide through this software is accurate as the system used is fully automated. The data stored are very much in relation with the patients and their medical history, and so, chances of the data being faulty can’t be encouraged by the healthcare sector.

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The growth and evolution of information retrieval have been spectacular over the last ten years. Not too long ago, information retrieval could have easily been referred to as a petty discipline in information, whereas today millions of people worldwide experience it regularly. It is safe to say that the Internet is mostly responsible for having driven this revolution. However, the growth of information retrieval has also been brought about by enterprises seeking to network all of their information together.

It goes without saying that all enterprises, whether governmental, commercial, academic or nonprofit, have huge demands on information retrieval. The reason is more than obvious. Most of the information in an enterprise exists in many forms such as documents, HTML pages, media objects and paper, and not in relational databases. In other words, many enterprises are faced with the lack of structure in their information, which can make the information seeking process slow, complicated and expensive. Instead of investing in training, which is a must in the process of accessing information sources, enterprises prefer to reshape their information systems and use information retrieval systems, which are proven to increase the value of information assets in an enterprise. Enhancing the value of the information assets is an achievable goal if enterprises acknowledge the need to add structure to their information and retool their information systems.

While there are some techniques developed on the web that enterprises can adapt and use, most search techniques on the web are not applicable to enterprises. Enterprise search differs substantially from web search because of the different characteristics of the enterprise processes and content. Therefore, Internet search and enterprise search have followed different paths of evolution, and the difference between them is quite substantial.

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The fast moving global business environment and competitive pressures have increased dependence on IT to create differentiated value at lower cost structures. This has created a massive demand for reliable enterprise hosting solutions that deliver high-availability, enterprise class infrastructure, without requiring companies to spend too much time, efforts, or costs.

Enterprise hosting, as the name suggests, refers to a broad umbrella of hosting services for enterprises looking for high-availability, high-performance, flexible solutions for their business-critical applications and the underlying infrastructure. However, it is important to reach out to the right enterprise hosting provider to reap the full business benefits.

Selecting a good enterprise hosting provider requires multiple considerations. Here are a few key aspects to consider while selecting your enterprise hosting provider:

Core enterprise hosting expertise: The enterprise hosting provider should have a track record of completing multiple implementations and hosting projects in the past for various organizations and across industries. This will indicate that your provider understands all the IT challenges faced by enterprises and has the required experience and capabilities to deliver reliable enterprise hosting services. Best in class infrastructure: Check that your enterprise hosting provider has cutting-edge infrastructure in place to be able to alleviate all your hosting worries. The enterprise hosting providers that have multiple enterprise class Data Centers equipped with the latest tools and technologies for hosting, monitoring, reporting, security, and technical support, are surely a good bet. Also, see if the provider offers dynamic platforms like cloud computing, virtualization, etc., to help you leverage technology in the most efficient and cost-effective manner. Reliable, Customizable Offerings: Find out if your enterprise hosting offering includes features such as back up of remote data, disaster recovery, 24×7 technical help desk services, and security monitoring to ensure that your IT systems and data are safe. Also, to achieve maximum value from hosted IT environment, go for a provider who customizes offerings based on your business needs, and not vice versa. Transparency in hosting environment: It is important that you have complete transparency and control over the hosting environment.

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Since the creation of ERP enterprise resource planning systems decades ago, key issues and bugs in these solutions have been addressed and consequently the market is opening up for a new marketing channel and business customer generating a resurgence and following for ERP solution and enterprise applications..

The pressures placed on ERP vendors from companies over the last ten years specifically have sparked new product innovations. The biggest complaint from ERP enterprise resource planning practitioners is that the older enterprise applications required perpetual upgrades and modifications that forced companies to dedicate considerable resources and dollars towards their enterprise systems maintenance and upkeep.

Enterprise solutions were a huge investment and commitment in terms of capital and human resources and only the largest companies could benefit from ERP solutions, it was a key competitive advantage with at high barrier to entry. For the companies fortunate enough to have the deep pockets to afford these solutions, the high ERP implementation costs, ERP vendor costs and application complexity was also key issues. The high capital and implementation downtime handcuffed companies to their vendor as the cost was to high to switch to another vendor.

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Usually, an organization thinks to implement ERP (enterprise resource planning) software to align business objective with latest technology solutions, to enhance customer confidence and stakeholder commitment, to optimum utilization of organization’s resources and assets. Typically, an organization is looking for good enterprise resource planning software with advance features and functions.

Benefits of ERP Software

ERP system introduces efficiency and improvement of its business processes. Good enterprise software helps you to achieve transparency and availability of data across all business functions. It gives right information at the right time to the right people for effective decision making. This decision would be based on accurate information, which will give positive result and increase productivity.

ERP software helps you to optimize your human resource management and asset management. It also improves financial management. Trail balance, balance sheet, cash in hand, cash in bank, top supplier, top customer, ABC analysis, dead stock, WIP (work in progress) and other important reports are ready at any point of time. It helps in achieving better efficiency in organization reporting. ERP software streamlines the supply chain management and improves customer relationship management.

Enterprise resource planning software ensures data security and data scalability: organization can customize the enterprise software according to their requirements. It adopts systems that address changing technologies. It gives better ROI (return on investment). Organization can increase turnover with same human resource. There is a misconception that, ERP is for IT department and they will get more benefits, but it is not true. During implementation and after go-live, IT department responsibility is higher than other department.

Proper training gives better output from the new system. Lack of proper training to user results wrong entry and create problem. Top management should understand the need of detailed user training. Ultimately, user is going to use this enterprise resource planning software.

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On 31st March, 2009, China’s Securities Regulatory Commission issued Provisional Measures for the Administration of the Stock Issuance in the Growth Enterprise Market for the First Time and put into practice on 1st May, which means the growth enterprise market prepared with more than ten years is expected to open officially on 1st May, 2009.

According to the measures, the enterprises willing to listed in the growth enterprise market should be the stock limited companies set up legally with more than three years’ operation successively and gaining profits in recent two years and the net profits no less than 10 million Yuan (1.46 million USD) in recent two years, which kept rising; or the company should gain profits in recent one year with the net profits no less than 5 million Yuan (730 thousand USD), the operation revenues no less than 50 million Yuan (7.3 million USD) and the growth rate of the operation revenues no less than 30% in recent two years. After the issuance, the total amounts of the capital stocks are no less than 30 million Yuan (4.38 million USD).

The growth enterprise market, also known as the second board market, namely, the second stock exchange market, refers to the securities exchange market engaged in providing the financing channels and the development space for the medium, small and new born enterprises except that in the main board market. Most companies listed in the growth enterprise market are specialized in the hi-tech businesses with high development potential but short time in operation and small in scale without outstanding business achievements. The growth enterprise market is favorable for the potential medium and small enterprises to gain more funds and effective supplement to the main board market, occupying an important position in the capital market. Therefore, familiarly speaking, the growth enterprise market is a stock market with low entry, high ventures and strictly supervision and also the cradle of breeding the scientific and growing enterprises.

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Most ERP systems are designed to fulfill the majority of a business’s needs – as captured at a single point in time. The inventory of business processes is typically impressive in its complexity and completeness, and the ERP system installed may be counted on to reliably trudge along its pre-determined path for years. It’s an idea that seems comforting: “We’ll get all our processes figured out – we’ll follow best practices – we’ll use enterprise resource planning to fix everything once and for all.”

It is a noble goal but it overlooks an important reality for many organizations: things change. That snapshot of the business when its ERP system was first implemented is remarkably different from the business’s state a few years later. Indeed, sometimes it takes only a matter of months to render that snapshot as quaintly dated as an old box of Polaroids in the basement. The days of trying to cast business processes in stone are a thing of the past for most companies. There are simply too many pressures, both internal and external, to expect any kind of rigid business process management software to keep up. Mergers and acquisitions, re-organizations, compliance management can all play havoc with the status-quo.

Certainly that’s the findings of CFO Research Services in their paper The High Cost of Change for ERP. One-third of the polled finance executive said “their companies have reconfigured their entire ERP system, entailing system-wide modification”. They also report that “many mid size companies spend more than $1 million a year to continue to modify and update their ERP systems.” Note that this is not part of standard maintenance; these expenses are on top of anticipated maintenance.

Does it make sense to implement an enterprise resource planning system with such a short expiry date? Not really… but companies resigned to the substantial spend of regularly re-tooling their ERP systems may feel trapped and without options. Change is inevitable… and so is ERP system spend when you are dealing with enterprise management software that isn’t architect for change.

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Lloyd Perna Joins Visibility Engineer-to-order Enterprise Resource Planning

Current info about Engineertoorder, Enterprise, Joins, Lloyd, Perna, Planning, Resource, Visibility is not always the easiest thing to locate. Fortunately, this report includes the latest Engineertoorder, Enterprise, Joins, Lloyd, Perna, Planning, Resource, Visibility info available.

Is everything making sense so far? If not, I’m sure that with just a little more reading, all the facts will fall into place.

Visibility Corporation (www.visibility.com) is a leading developer and supplier of business software solutions designed for the unique needs of project-based, engineer-to-order and to-order manufacturers. Visibility’s Enterprise Application solutions help midsize manufacturers of complex products operate their businesses effectively. Visibility has an extensive customer base throughout North America and Europe and has the strongest representation of ERP among complex manufacturers.

Stephen Carson, executive vice president of Visibility Corporation noted, “The growth of our company personnel reflects the demand for the .net version of our ETO ERP product. We are delighted to have Lloyd Perna on our team.”
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Enterprise 2.0 for the Workplace … and Education 2.0 for the Classroom?

In today’s world, it seems that almost any topic is open for debate. While I was gathering facts for this article, I was quite surprised to find some of the issues I thought were settled are actually still being openly discussed.

Is everything making sense so far? If not, I’m sure that with just a little more reading, all the facts will fall into place.

A leaked draft of the new primary school curriculum has been seen by The Guardian and it all centres around proposals drawn up by former Ofsted chief Sir Jim Rose which are reckoned to be the biggest overhaul in English primary education in twenty years.

The proposals make interesting reading and cover lots of ground, but the thing that caught my attention was that if they go ahead, then it will be a requirement for our kids to be familiar with things like blogging, podcasts and wikis as information sources and forms of communication by the time they leave primary school. Education 2.0 perhaps, to coin a phrase? A flexible way of learning and sharing knowledge that is open to all, without barriers.
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