Bell Helicopter Selects Sopheon's Vision Strategist(TM) to Guide Technology and Product Investments.Product Planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
Assess Technology Readiness Levels and Increase Returns on R&D Spending MINNEAPOLIS & LONDON -- Sopheon, the international provider of software and services for product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management, announced today that Bell Helicopter Bell Helicopter Textron is an American helicopter and tiltrotor manufacturer headquartered in Fort Worth, Texas. A division of Textron, Bell manufactures military helicopter and tiltrotor products in the United States (primarily in and around Fort Worth as well as in Amarillo, , a leading manufacturer of commercial and military aircraft, has selected Sopheon's Vision Strategist (VS) roadmapping software to enhance its strategic technology and product planning processes. The software is being deployed in the company's Engineering and XworX (Advanced Research) divisions located at Bell headquarters near Forth Worth, TX. Vision Strategist will be used by engineers, systems analysts and executives responsible for advanced product planning. A wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Textron Inc., Bell has a global reputation for world-class innovation and a legacy of aerospace firsts. Founded in 1935, it designed and constructed its first helicopter in only six months and was the first company to obtain certification for a commercial helicopter. Today Bell is a leading producer of commercial and military, manned and unmanned vertical lift aircraft A vertical lift aircraft is any type of aircraft capable of rising and descending vertically during flight. It includes helicopters, V/STOL jets like the Hawker Siddeley Harrier, and tiltrotor aircraft like the V-22 Osprey. . It serves customers in more than 120 countries, and is a pacesetter in aircraft innovation. The segment of the aircraft industry to which Bell belongs is highly competitive. Development cycles can span decades and products are becoming increasingly complex. One of Bell's principal challenges is finding ways to speed the right new technologies and capabilities to market. The company must be able to understand at any point in time how established and emerging technologies and supplier capabilities link to critical customer requirements. It must also have the capacity to efficiently prioritize projects and resources so that it can be a step ahead in meeting those requirements. By using Vision Strategist, Bell will improve the visibility of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. data and strengthen its ability to anticipate how potential decisions can impact products that can take up to 20 years to commercialize. In particular, Bell plans to use the software's drill-down capabilities to enhance its understanding of technology readiness levels -- a measure used by the company and many industry leaders to assess the progress of developing technologies as they mature and become suitable for commercial application. Providing a single, centralized view of the organization's roadmaps, Vision Strategist is expected to help Bell executives identify, develop and fund the technologies and capabilities that are needed to meet near- and long-term customer demands. Bell has already begun using VS roadmaps to improve insights into where and how the company is spending resources across various programs. In addition, Vision Strategist's capacity to trace the application of technologies in Bell's portfolio is expected to help the company identify technology reuse opportunities. Vision Strategist's ability to support Bell's existing roadmapping frameworks and organizational structure  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. was a key factor in the selection of the software. Using Bell's planning data to create prototypes during a two-day workshop, Sopheon validated that Vision Strategist could effectively automate the company's manual roadmapping processes. "We conducted a thorough review process and found that Sopheon's software was the only solution that met our needs," said Scott Harris Several notable people have the name Scott Harris, including:
tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. and development of needed technologies. It takes less time to create roadmaps and we have greater confidence in the quality of the data. Overall, we expect that with VS we will see a significant increase in our return on technology investments." With a single, centralized product planning system now in place, Bell employees can share roadmaps, visualize dependencies across programs and access accurate data in real-time to inform decision-making. The company expects to reduce the amount of time and money spent on administrative tasks and to eliminate duplicative efforts in developing, gathering and reporting on technology and product plans. "Bell Helicopter's historically strong competitive position reflects their success in creating products that match market needs," said Bryan Seyfarth, solutions marketing director for Sopheon. "Vision Strategist gives Bell an automated strategic product planning system that will help reduce the uncertainty and risks associated with complex technology and product decisions, allowing the company to more effectively meet customer requirements and accelerate the delivery of new products to market." Vision Strategist[TM] is a trademark of Sopheon. All other trademarks are the sole property of their respective owners. About Bell Helicopter A wholly owned subsidiary of Textron Inc. (NYSE NYSE See: New York Stock Exchange : TXT TXT Text TXT Text File (filename extension) TXT Textile TXT Teletext TXT Tecnologia per a Tothom TXT Textron Corporation (stock symbol) ), Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries. For more information, please visit www.bellhelicopter.com. About Sopheon Sopheon (LSE LSE - Language Sensitive Editor :SPE SPE - Software Practice and Experience ) is an international provider of product lifecycle management software and services. Its solutions help organizations increase revenues and profits from new products by synchronizing product planning and innovation process execution. Sopheon's Accolade[R] software automates the product innovation process and provides strategic decision support for the management of product portfolios. Its Vision Strategist[TM] solution automates the roadmapping process, allowing users to visualize and forecast the future of products, markets and technologies. Sopheon's solutions are used by industry leaders throughout the world, including BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its , Corning, Electrolux, General Motors, Honeywell, Motorola, Nestle and SAB Miller. Sopheon is listed on the AIM Market of the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. and on the Euronext in the Netherlands. For more information, please visit www.sopheon.com. |
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