MatrixOne Introduces PLM Accelerator to Drive New Product Development and Introduction for the Apparel Industry; New Solution He
11 Mai 2005 - 2:30PM
Business Wire
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative
product lifecycle management (PLM) solutions for the value
chain(TM), today announced the May availability of the MatrixOne(R)
Accelerator for Apparel Design and Development(TM). The latest in a
series of industry-specific, rapidly implemented PLM offerings,
MatrixOne's new apparel industry solution has been optimized based
on MatrixOne's track record of helping product design companies
solve the challenges specific to the fashion industry. The apparel
industry is facing a new set of business problems that are forcing
companies to focus on improvements in the product development
process in order to respond more rapidly to market trends and
changing customer needs. These business challenges include
increased global competition, the need to target new markets and
create new revenue streams, customer demands for more innovative
products, and pressures to reduce new product development costs.
According to a March 2005 AMR Research Alert by Alexi Sarnevitz
entitled, 'Softlines Manufacturers and Retailers Feel the Need for
Design and Procurement Speed', "Today's accelerated fashion cycles
demand speedier design and procurement lead times, so manufacturers
and retailers are increasingly turning to PLM technology for
acceleration." Traditionally, apparel companies have orchestrated
the steps that take a design from the original sketch to
manufacturing and finally to the consumer with numerous
non-integrated systems. By implementing the MatrixOne Accelerator
for Apparel Design and Development, apparel design companies can
now: -- Coordinate design, procurement, and suppliers early in the
design process to accelerate time-consuming product sample review
iterations and placement decisions -- Standardize product
development procedures on an enterprise-wide basis -- Establish
common metrics and procedures for measuring product development
project milestones and performance -- Improve the ability to
capture and align industry trends, product features, and customer
requirements with aftermarket performance data to support seasonal
product line planning decisions -- Create an information
infrastructure that automates and integrates product data, business
processes, and development workflows across the product life cycle
"In order to respond to changing market pressures, companies in the
apparel industry need to differentiate themselves by creating a
competitive advantage," said Sam Zawaideh, Senior Vice President,
Products and Solutions, MatrixOne. "By implementing a strategy to
seamlessly link designers, suppliers, manufacturers and
distributors, apparel companies can drastically reduce
time-to-market, giving them the advantage they need in a market
driven by seasonal trends and opportunities. The MatrixOne
Accelerator for Apparel Design and Development enables apparel
design companies to quickly and efficiently take products from
design to sourcing to manufacturing to the customer." The Solution
The MatrixOne Accelerator for Apparel Design and Development is a
comprehensive, commercially available solution that provides "out
of the box" industry data models and schema, pre-defined work
processes and reports, as well as role-based user interfaces to
speed deployment and ease user adoption. This solution is built on
top of MatrixOne's industry leading PLM platform and business
process applications to provide scalability, performance and the
flexibility to keep pace with the ever-quickening pace of business.
The solution offers broad and robust library management
capabilities for organizing information such as colors, fabrics,
trim, build instructions and other key elements to assist in reuse,
standardization, collaboration and access control across the
extended enterprise. In addition, capabilities for product design
and planning, product costing, and strategic sourcing are included
to encompass all aspects of the apparel design, development and
production lifecycle. Availability The MatrixOne Accelerator for
Apparel Design and Development will be available by the end of May.
About MatrixOne MatrixOne, Inc. (NASDAQ: MONE) is a recognized
leader in delivering collaborative Product Lifecycle Management
(PLM) solutions. We provide flexible solutions that unleash the
creative power of global value chains to inspire innovations and
speed them to market. MatrixOne's customers include global leaders
in the aerospace and defense, automotive, consumer products, high
technology, life sciences, machinery, and the process industries,
including Agilent Technologies, General Electric, Honda, Johnson
Controls, Philips, Procter & Gamble, Siemens, and Toshiba.
MatrixOne (http://www.matrixone.com/) is headquartered in Westford,
Massachusetts with locations throughout North America, Europe, and
Asia/Pacific. MatrixOne and the MatrixOne logo are registered
trademarks and "a leading provider of collaborative product
lifecycle management (PLM) solutions for the value chain," and
MatrixOne Accelerator for Apparel Design and Development are
trademarks of MatrixOne, Inc. All other trademarks and service
marks are the property of their respective owners. Forward-looking
statements in this release are subject to risks and uncertainties
that could cause our actual results to differ materially from those
anticipated. Such statements may relate, among other things, to our
plans, objectives and expected financial and operating results. The
risks and uncertainties that may affect forward-looking statements
include, among others: poor product sales, long sales cycles,
difficulty developing new products, difficulty in relationships
with vendors and partners, higher risk in international operations,
difficulty assimilating future acquisitions, difficulty managing
rapid growth, and increased competition. For more about the risks
and uncertainties of our business, see our periodic and other
S.E.C. filings.
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