Baan Plans $25m Ad Campaign to Boost International Profile.Baan Co NV, the second-largest 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. software vendor in Europe, is to unleash a $25m advertising campaign to put itself on the map globally and galvanize gal·va·nize tr.v. gal·va·nized, gal·va·niz·ing, gal·va·niz·es 1. To stimulate or shock with an electric current. 2. sluggish sales hit by the millennium bug date change. Netherlands-based Baan, is a virtual unknown outside Europe, CFO See Chief Financial Officer. James F Mooney told financial news agency, Bloomberg, yesterday. Mooney said he had stepped into the marketing domain - rare for a CFO - because the firm's "products are under-leveraged and I need to correct that." The advertising campaign will target the US, Asia and Latin America. Promotions planned for newspapers will play on the double "a" in the Baan name, imploring im·plore v. im·plored, im·plor·ing, im·plores v.tr. 1. To appeal to in supplication; beseech: implored the tribunal to have mercy. 2. customers to "get aahead" or "aadapt" or be eaten. The firm ascribed $9.2m losses in its second quarter ended June 30 to slowing sales as customers postponed software purchases to focus on ensuring that systems do not succumb to the millennium bug. Baan's 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. competitors Oracle, PeopleSoft and SAP have also seen sales slow this year as large companies, which traditionally buy their industrial-strength business automation tools, batten down the hatches. Mooney said that future advertising would also focus on the vendor's IBM-based software. Big Blue struck a deal in June to market Baan's products and work on integrating Baan's software with its hardware platforms. |
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