Acta Technology Premiers Value Chain Suite at Upside Events' Showcase 2001.Business Editors/High-Tech Writers Showcase 2001 PALM SPRINGS, Calif.--(BUSINESS WIRE)--Jan. 22, 2001 Acta Technology, Inc., the leader in business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) data integration, announced today at Upside Events' Showcase 2001 conference the general availability of the Acta Value Chain Suite(TM), a new addition to the Acta data platform. Acta's Value Chain Suite(TM) allows businesses to jumpstart eCommerce and analytic initiatives while reducing inventory across the value chain. The Value Chain Suite integrates with leading ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. back-office systems. The Value Chain Suite enables purchasing managers A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. to understand the drivers of supply-chain efficiencies and to perform complex what-if analysis on the entire purchasing cycle, from requisition A written demand; a formal request or requirement. The formal demand by one government upon another, or by the governor of one state upon the governor of another state, of the surrender of a fugitive from justice. The taking or seizure of property by government. to invoice verification. Decision makers across the supply chain can get answers to critical questions regarding supplier performance, purchasing costs and contract compliance. They can also identify trends in the purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements such as material sourcing, cost fluctuations, availability, commitments and deliveries. By using the Value Chain Suite, inventory planners and suppliers will better understand manufacturing needs by using inventory and purchasing data to plan production and inventory levels more accurately, provide customized delivery solutions, and manage replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. needs. "Acta stood out among the Showcase demonstrator dem·on·stra·tor n. 1. One that demonstrates, such as a participant in a public display of opinion. 2. An article or product used in a demonstration. demonstrator Noun 1. applicants as a company with a B2B solution that could favorably impact the marketplace, and we're pleased that our Showcase attendees will get one of the first looks at the Acta Value Chain Suite," said Jesse Berst, executive producer of Showcase. The Acta platform consists of ActaWorks(TM), an award-winning data movement-and-management server, and eCaches(TM), a suite of packaged data caches that speed the delivery of back-office data in specific subject areas. Acta's Value Chain Suite is composed of three integrated eCaches: Purchasing Analysis, Customer Order and Vendor Inventory. Acta's eCache technology extracts heavy data in batch and real-time modes from back-office systems and caches this data in relational databases relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. for use by eCommerce and analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. . "With eCommerce, the purchasing function is faced with faster moving, more complex and more fragmented supply chains that span multiple industries, channels, geographies and suppliers of all sizes," said Acta CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Carol Mills Baldwin. "Pressure is high to reduce the purchasing cycle-time and associated costs for direct materials, while driving higher service levels from suppliers. "The Value Chain Suite adds increased functionality to the Acta Data Platform. Understanding where the costs lie to create efficiencies that are just a 5% improvement delivers valuable savings to a company's bottom line," said Mills Baldwin. With over 180 customers worldwide, Acta is well poised to continue leading the growing B2B data integration market. Industry analysts estimate the data integration market will grow to $15 billion (cumulative) by 2005, driven by the need to provide information-rich data to partners, suppliers and customers for collaborative computing. Since debuting its data platform, Acta has won honors from Computerworld (Top 100 Emerging Companies), Upside Magazine (Hot 100 private companies), DM Review (Winner, World Class Solutions) eWeek (Best Practices Award -- B2B Category, Finalist) and Intelligent Enterprise (RealWare Awards -- B2B Category, Finalist). About Acta Technology, Inc. The Acta Data Platform is the first and only solution designed to make enterprise data eCommerce-ready for all channels in the Networked Economy. With Acta's highly scalable data platform, enterprises can maintain a real-time, online dialogue with employees, customers and partners, providing them the critical information they need for transactions and business analysis. Acta partners with leading vendors offering enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP), front-end eCommerce and eAnalytic solutions. The company's 180+ customers include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Hewlett-Packard, Chevron, Shell, Monsanto and other leaders in the Global 1000. Headquartered in Mountain View, Calif., Acta has international offices in London, Frankfurt, Paris, Stockholm, the Netherlands and Zurich. Sales and partnership inquiries should be directed to Acta's toll-free phone number 888/613-3282. For more information, visit the company's Web site at http://www.acta.com. Note to Editors: eCache is a trademark of Acta Technology, Inc. All other product and company names mentioned herein are the property of their respective owners. |
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