DEACOM Differentiators Earns Company TEC Certification

Chesterbrook, PA, June 01, 2017 (GLOBE NEWSWIRE) — Deacom, Inc., the developer of a single-system Enterprise Resource Planning (ERP) solution, has successfully completed Technology Evaluation Centers (TEC) Certification program for the third consecutive year. The report was published earlier this week and identifies the ERP provider’s unique market and software development approaches as the driving factors of this recognition.

Deacom just released its newest version of the software which TEC has noted to be “a significant milestone in the evolution of the software.” By redesigning the system’s architecture, DEACOM’s business rules now run completely on a .NET framework, providing users with an improved user experience and modern ERP capabilities across all devices.

“The conversion to a .NET framework was a significant investment over the past five years and we have already seen tremendous success both as a provider and from our customers,” said Scott Deakins, COO of Deacom. “This structure allows the software to quickly be configured to meet new demands and larger data sets while keeping a relatively small digital footprint for optimal performance. It’s a unique approach that will allow Deacom to take advantage of new technological advancements faster than many other ERP providers.”

According to TEC, Deacom has four differentiators that create a strong market position in the Process Manufacturing software space:

• Guaranteed Fixed-Price Implementation – A benefit TEC considers to be “virtually unheard of in the ERP software marketplace,” Deacom offers a guaranteed fixed-price software purchase and implementation. This level of pricing transparency provides customers with a more accurate and manageable total cost of ERP ownership.
• Mobile – Since DEACOM runs on a single code set and .NET framework, the browser and mobile interfaces are thin, front-end layers providing users with a consistent experience across all devices.
• Integrating SOPs into On-line Help – With deep knowledge of the manufacturing industry, Deacom stores customers specific standard operating procedures (SOPs) within the software. This is particularly valuable for regulated industries.
• Implementation Methodology – To best accommodate customer schedules, Deacom offers the option of onsite or remote implementations. A project dashboard provides all stakeholders with an overview of the implementation status with drilldown capabilities.

“DEACOM ERP is a full-function ERP solution that supports all core functional areas in the TEC research model of ERP for Process Manufacturing industry, which includes over 3,000 functional criteria,” noted Ted Rohm, Senior ERP Analyst at TEC. “The solution rates in the “Dominant Zone” in the Process Manufacturing Management, Quality Management, and Purchasing Management functional modules of TEC’s Focus Indicator, which compares DEAOCM ERP to the average solution. With more than 20 years of experience, Deacom is now positioned to help larger organizations meet their process manufacturing challenges and has the proven wherewithal to be there for the long haul.”

Source: Nasdaq GlobeNewswire

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EVS announces first iOS-based WMS with artificial intelligence and warehouse simulation

BOULDER, Colo., June 01, 2017 (GLOBE NEWSWIRE) — EVS, an innovator in warehouse management and supply chain technology, released its groundbreaking mobe3™ warehouse management system (WMS).  A new breed of WMS, mobe3 combines the familiar iOS user experience with artificial intelligence (AI) to deliver an industrial-strength platform built to optimize and improve warehouse workflow. Unlike any other WMS on the market, mobe3 can simulate a warehouse’s operations under multiple scenarios and provide comparative efficiency metrics. With mobe3 simulations, an organization can determine how to lay out a new warehouse, improve an existing warehouse, add new equipment, update picking methods, optimize staff for a busy season and more before deploying changes into a live warehouse environment.

Flexible enough to adapt to each warehouse’s unique operating requirements and integrate seamlessly with major ERP systems including Microsoft Dynamics GP, Sage 500, and Infor CloudSuite; mobe3 delivers real-time data insights and process improvement recommendations to make the most efficient use of a warehouse’s workforce, space and time.

“Many warehouses have little control over their inventory because they either have a paper-based manual system that can’t keep up with daily activity or have systems that simply record transactions with no intelligence to assist warehouse operations,” says Evan Garber, chief executive officer of EVS. “With mobe3, we have built a flexible system that incorporates accountability into every touchpoint in the warehouse. What our team has done is reimagine the WMS from the ground up—how it looks, feels, and functions, as well as how it’s priced. The result is a low barrier to entry, making mobe3 easier to own, adopt and integrate than any other WMS. It might even deserve a new category of solution, like industrial warehouse optimization system or WOS to describe all it can do.”

Key benefits of the mobe3 platform include:

• Simulation – An organization doesn’t need to guess what effect a proposed method change will have on its warehouse as mobe3 can simulate the operations of a warehouse scenario and provide a report card of key metrics on efficiency. Now the efficiency gain (or loss) of a method change can be quantified before it’s implemented in a live warehouse.
• Scalability – To help companies grow, mobe3 is a scalable solution that can expand to serve growing warehouse operations.
• Flexibility – mobe3 is flexible to meet each warehouse’s unique workflow as well as its operational and technological needs.
• Integration – mobe3 integrates with common ERP platforms and synchronizes with productivity and project management tools such as #Slack and Google Sheets.
• Insights and Accountability – With mobe3, nothing is hidden. mobe3 provides full traceability and accountability, allowing warehouse managers and executives to see everything that happens in the warehouse, in real-time or after the fact. With mobe3, there are no silos between warehouse workers, managers and executives.
• Cloud-Based and Secure – Each customer’s data is SSL-encrypted, firewall protected and stored in their own database securely via the Microsoft Azure cloud service and on client devices engineered by one of the biggest names in mobile technology.
• iOS Native – mobe3 leverages all of the iOS functionality that warehouse managers and employees are already familiar with, including FaceTime, messaging and photos. With an intuitive, familiar interface and ruggedized iOS devices, mobe3 slashes the hardware and adoption costs to a fraction of what conventional systems costs.
• Improved Inventory Accuracy and Increased Turns – Using artificial intelligence and real-time insights gathered at every touchpoint in the warehouse’s workflow, mobe3 doesn’t passively track warehouse activities; it anticipates workflow and proactively recommends optimizations.

mobe3 was beta tested by more than a dozen companies in industries ranging from process manufacturing to distribution and discrete manufacturing, proving the system’s effectiveness, flexibility and ease of deployment.

“Having been a part of WMS deployments five times previously, I was shocked at how easy deploying mobe3 was,” said Kirk Connors, COO at Pro-Form Laboratories, a leading manufacturer of nutritional products. “Because of how mobe3 is designed, it was easy for our warehouse team to adopt. mobe3 has changed how our warehouse communicates, added individualized accountability and provided data-driven recommendations to optimize our processes and systems. In the last year alone, we’ve doubled our output and employees, and mobe3 has been instrumental in our growth.”

Top mobe3 features include directed put-away; warehouse simulations; bin replenishment; advanced functions for pick, pack and ship; optimized cycle counts with statistical cycle calculator; smart barcodes; eCommerce picking optimization for manufacturers; user permission controls; integrated KPI graphs; inventory moves and adjustments; FaceTime chat; photo attachment to transactions; and management reports.

Source: Nasdaq GlobeNewswire

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Finalist for 2017 Microsoft Industry Partner of the Year

Edgewater Fullscope recognized as

Finalist for 2017 Microsoft Industry Partner of the Year

Athens, AL — June 1, 2017 — Edgewater Fullscope announced it has been named a finalist in the 2017 Microsoft Industry Partner of the year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

“Microsoft Dynamics products continue to provide manufacturers with a business platform for success, and we take pride in being a top Microsoft partner for delivering these powerful solutions,” said Russell Smith, senior vice president of Fullscope. “We are honored that Microsoft has recognized us six times as either the winner or a finalist for the Industry award as it validates the consistent value we provide to our customers.”

Awards were presented in several categories, with winners chosen from a set of more than 2,800 entrants from 115 countries worldwide.  Edgewater Fullscope was recognized for providing outstanding solutions and services in Industry Partner of the Year.

The Partner of the Year annual awards celebrate top Microsoft partners that are demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. Award winners and finalists, chosen out of nominations from around the world, will be recognized at the 2017 Microsoft Worldwide Partner Conference taking place July 9-13, 2017, in Washington, D.C.

Read more at https://news.microsoft.com “Our ecosystem of innovative partners is the cornerstone to delivering transformative solutions to our mutual customers” said Ron Huddleston corporate vice president, One Commercial Partner, Microsoft Corp. “We are pleased to recognize Edgewater Fullscope for being selected as FINALIST of the 2017 Microsoft Industry Partner of the Year award.”

The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered exceptional Microsoft-based solutions during the past year.

Source: Nasdaq GlobeNewswire

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2017 Hurricane Season Awareness to Secure Business Documentation, Assure Business Continuity

Tampa, FL, June 01, 2017 (GLOBE NEWSWIRE) — IntelliChief, LLC, a provider of automated document management and workflow enterprise content management (ECM) solutions, encourages businesses to prepare against any disaster recovery situations by including electronic document management as part of their business continuity planning, in light of 2017’s hurricane season, spanning June 1 – November 30.

According to the National Oceanic and Atmospheric Administration’s (NOAA) statement, 11 named storms, including four hurricanes, with two of them being a Category 3 or higher are expected this year.

With IntelliChief’s offices located in Florida and Massachusetts, the company’s first-hand ECM usage is firmly in-place encompassing the protection of critical strategic and daily-operational information.

Though all organizations experience fiscal losses due to temporary business continuity interruptions, the U.S. National Archives & Records Administration states that 60 percent of companies that lose their data are out of business within six months of the disaster. With paper documentation in file drawers throughout organizations being vulnerable to wind, water and fire, it’s the business-dependent information contained in this format that forms the foundational loss in a disaster. This problem is easily eliminated through ECM’s ability to automate both paper’s capture and electronic file conversion, secure storage and access, as well as the daily interdepartmental processes workflow benefits provided. ECM is the informational cornerstone of a disaster recovery and business continuity plan for an organization, complementing colocation.

IntelliChief ECM provides a smooth, automated transition from costly manual document management and workflow functions. Its industry-awarded automated capture, document management, workflow and real-time analytic visibility enables users to capture documentation in any format, index contents and validate with data in their enterprise resource planning system (ERP) and line of business applications, for lifecycle-managing all related documentation, facilitating optimized interdepartmental processes workflow automation and cash flow optimization.

Areas of use include Accounting (both Accounts Payable and Accounts Receivable), Finance, Purchasing, Customer Service, Human Resources, Legal, Logistics/Distribution, Operations and other paper and process-intensive departments, supporting time and cost savings throughout organizations.

Source: Nasdaq GlobeNewswire

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Panostaja Oyj´s Semi-Annual Report November 1, 2016-April 30, 2017

Panostaja Oyj          Semi-Annual Report     June 1, 2017        10.00 a.m.

1 November 2016–30 April 2017 (6 months) 

• Net sales increased in six of seven investments. Net sales for the review period increased by 14.0% to MEUR 90.3 (MEUR 79.2).
• EBIT increased in three of seven investments, and EBIT of the group decreased slightly from MEUR 4.6 to MEUR 3.6.
• Earnings per share (undiluted) were -4.8 cents (2.7 cents). The additional purchase price of Flexim Security Oy is included in the result of the period.

CEO Juha Sarsama:

”During the review period, the total net sales of the investments increased by 12% from the corresponding period. The growth resulted from corporate acquisitions and organic growth. The growth of the net sales was weakened by the development of net sales in April, which in many of our investments was clearly weaker than expected, even considering the low amount of working days. We believe, however, that the weak demand in April was an exception and the perking up of the economy seen in the beginning of this year will continue.

Our EBIT was slightly lower than we expected as a result of the low net sales in April. We also continue working for better profitability especially in Grano, Megaklinikka and Heatmasters in order to get back to our target profitability levels in these companies as well.

Unfortunately, during this review period we found that despite our many attempts, there was no solution for Takoma’s difficult situation. Takoma’s cash position became critical, and the company had to file a bankruptcy petition. As shareholders, we are strongly committed to the development of all of our companies, but unfortunately, we have to make difficult decisions as well. A new continuator for Takoma business has been found, and its operation in Parkano will continue.

KotiSun begun its operations in Sweden at the end of this review period, and the demand for sewer renewals has been good. They have made their first installations after the review period in May. Grano continued to carry out their strategy of acquisitions and, after the review period, bought Finepress Oy and Neon 2 Oy. After the review period, Megaklinikka made a significant partnership agreement with Swedish Aqua Dental, and as a part of that, Aqua Dental acquired Megaklinikka’s Stockholm clinic. Aqua Dental will continue to operate the clinic as Megaklinikka’s first private sector licensed client, using Megaklinikka’s ERP system. The partnership with Aqua Dental also includes the objectives of opening new clinics that operate under Megaklinikka’s ERP system in Sweden in the coming years.

Activity on the corporate acquisition market has continued on a good level, and the supply of new investments has been active. The market continues to offer possibilities for both new acquisitions and selected surrenderings, and we will continue to actively map new opportunities for corporate acquisitions.”

M€	Q2	Q2	6 months	6 months	12 months
	2/17-   4/17	2/16-   4/16	11/16-   4/17	11/15-   4/16	11/15-   10/16
Net sales, MEUR	46.6	41.6	90.3	79.2	162.3
EBIT, MEUR	2.9	3.0	3.6	4.6	10.1
Profit before taxes, MEUR	2.5	2.7	2.7	3.6	8.3
Profit/loss for the financial period, MEUR	0.2	2.8	-0.3	4.5	9.2
Earnings per share, undiluted (EUR)	-0.03	0.02	-0.05	0.03	0.07
Equity per share (EUR)	0.67	0.72	0.67	0.72	0.77
Operating cash flow (MEUR)	1.3	0.3	5.9	4.5	9.6

Division of the net sales by segment M€	Q2	Q2	6 months	6 months	12 months
Net sales	2/17-   4/17	2/16-   4/16	11/16-   4/17	11/15-   4/16	11/15-   10/16
Grano	25.4	23.3	48.7	44.5	88.2
KotiSun	10.4	7.6	20.4	14.1	31.9
KL-Varaosat	3.2	3.3	6.4	6.4	13.0
Selog	2.4	2.5	5.0	4.8	10.3
Helakeskus	2.4	2.8	4.5	5.1	9.8
Megaklinikka	1.6	1.2	3.0	2.3	4.7
Heatmasters	1.3	1.1	2.2	2.0	4.5
Others	0.0	0.0	0.0	0.0	0.0
Eliminations	0.0	0.0	0.0	0.0	-0.1
Group in total	46.6	41.6	90.3	79.2	162.3

Division of EBIT by segment M€	Q2	Q2	6 months	6 months	12 months
EBIT	2/17-   4/17	2/16-   4/16	11/16-   4/17	11/15-   4/16	11/15-   10/16
Grano	2.4	3.0	3.0	4.3	7.8
KotiSun	1.5	1.3	3.1	2.5	5.8
KL-Varaosat	0.2	0.2	0.4	0.4	1.0
Selog	0.1	0.1	0.2	0.2	0.7
Helakeskus	0.2	-0.2	0.2	-0.1	0.3
Megaklinikka	-0.6	-0.4	-1.4	-0.7	-1.5
Heatmasters	0.0	-0.2	-0.3	-0.5	-1.0
Others	-0.8	-0.8	-1.6	-1.6	-2.9
Group in total	2.9	3.0	3.6	4.6	10.1

OUTLOOK FOR THE 2017 FINANCIAL PERIOD

Activity on the corporate acquisition market has continued on a good level during the review period, and the supply of new investments has been active. The need to exploit ownership arrangements and growth opportunities in SMEs will continue, and as our own activity complements the supply of possible acquisitions from outside, there are plenty of possibilities for corporate acquisitions on the market. Panostaja aims to implement its growth strategy by means of controlled acquisitions in current investments, and new potential investments are also being actively studied. Withdrawing possibilities are actively evaluated as well, on a somewhat larger scale than before as a part of the owner strategies of the investments.

The demand situation for different investments is thought to develop in the short term as follows:

• Demand for KotiSun, Selog and Helakeskus will remain good
• Demand for Grano and KL-Varaosat will remain satisfactory, and demand for Heatmasters will rise to satisfactory level (has been weak)
• Demand for Megaklinikka will remain weak

Source: Nasdaq GlobeNewswire

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The Best ERP Software for 2017

Oracle Cloud looks to Tencent for NetSuite China distribution

Oracle, which acquired NetSuite for $9.3 billion last year, may use partner Tencent to help distribute NetSuite products in China. Tencent is currently the local partner responsible for the distribution of Oracle Cloud products in China, which are jointly marketed by the two companies.

By using Tencent to distribute NetSuite products as well, Oracle will tap into the lucrative Software-as-a-Service market in China, which is projected to reach total sales of up to $1.6 billion in 2017, and could top $4 billion by 2020, according to a study by Forrester Research.

Oracle’s push to expand operations in China has been prioritized by company management, who have provided the Oracle NetSuite global business unit with the budget and a mandate to drive business in mainland China ‘as soon as possible.’

Jim McGeever, executive vice president of the Oracle NetSuite business unit said that the company plans to open a direct office and a data center on the mainland, in order to comply with Chinese data storage regulations. “We’re going all in.”

The purchase of NetSuite is part of Oracle’s drive to redirect from on-premises services to those distributed through the cloud. Leveraging the cooperation agreement between Oracle and Tencent may be crucial to the company’s expansion to the mainland China SaaS market.

The cooperation agreement, signed last year, made Tencent the local partner within China with the ability to sell Oracle cloud products to Chinese customers. This partnership was required, due to Chinese government restrictions on foreign cloud companies operating within the country.

With NetSuite products on offer and a mandate for expansion, Tencent may be tapped to distribute NetSuite products as well.

Oracle chief executive Mark Hurd noted that the company has already invested in facilities and employees in China. He said, “We have a development centre in Beijing that does a lot of localisation for our products, and we’ve doubled our sales force in China over the past year.”

With the help of Tencent, Oracle is poised to be a major competitor in the Chinese cloud market, on par with SAP and Alibaba, whose partnership has led them to dominate the market in China even beyond global cloud leaders Microsoft and Amazon.

By: Nicky Cappella

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