Oracle Thursday launched its growth strategy for Enterprise Product Lifecycle Management (PLM) to cater to the increasing demand from midsize and large organisations in Singapore.
According to the software provider, in order to stay competitive and enhance business performance, organisations in Singapore are looking for solutions that will enable them to reduce complexities, gain visibility and make better decisions across the complete product lifecycle.
Oracle said it has noticed opportunity for Enterprise PLM solutions in Asia Pacific with a growing interest in its Agile PLM solution amongst multiple industries, including consumer goods, life sciences, high-tech and industrial manufacturing.
According to IDC, PLM revenues in Asia Pacific are expected to increase from USD1.7billion in 2006 to USD2.4billion in 2011.
“With Oracle’s Agile PLM, companies will continue to achieve immediate value across the entire product introduction network – from engineering to manufacturing and delivery,” said Simon Parmett, Oracle’s General Manager of PLM Business Unit, Asia Pacific.
Oracle’s growth strategy includes delivering the following:
• To continue to deliver best-in-class Enterprise PLM applications which can be deployed quickly across all product development and broader enterprise organizations and stakeholders involved in the product lifecycle
• To continue to add industry-specific, next-generation functionality to its Agile PLM solutions
• To remain committed to maintaining and extending the openness of Agile's solution that is both CAD and ERP agnostic
• Working towards designing Agile PLM, which is based on a service oriented architecture, to be extended through open, standard-based on Oracle’s Application Integration Architecture (AIA). This will serve different enterprise components, such as manufacturing and shop floor capabilities, supply chain planning functionality, CRM, financial applications, enterprise performance management and business analytics.
“Integrating Agile's leading PLM capabilities with Oracle Applications allows us to deliver an enterprise PLM solution that enables companies to make informed product decisions, speed product introduction and improve the quality of their products,” said Parmett.
“Our commitment to open, standards-based integrations will allow companies who rely on other enterprise applications including SAP to take advantage of our best-in-class PLM capabilities.” |
