CNT Selects Aras PLM Applications for Post-Merger Business Process Integration; Aras Enables Enterprise Change Management in Multi-Site Manufacturing Environment.Business Editors/High-Tech Writers LAWRENCE, Mass.--(BUSINESS WIRE)--Feb. 17, 2004 Aras Corporation, a provider of enterprise 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 (PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) solutions, announced today that CNT (Carbon NanoTube) See nanotube. (R) (Nasdaq:CMNT CMNT Comment ), a leading global provider of comprehensive storage networking solutions, products, and services, has selected the Aras Innovator(TM) Suite to achieve effective enterprise change management based on the Institute of Configuration Management's CMII principles. For CNT, a recent merger combined with solid business growth has led to an increase in the volume and complexity of engineering change orders. They turned to Aras for a solution to integrate the different enterprise change processes in a multi-site manufacturing environment. The implementation of the Aras Innovator Suite will achieve cycle-time reduction by unifying and streamlining the product change process. The benefits will also include improved quality and availability of product information throughout the company, supply chain, and distributors. "We operate in highly competitive, fast moving markets and therefore require timely and effective management of product changes," indicated David Vitt, vice president of engineering at CNT. "Aras gives us a highly flexible solution that can be easily modified to unify our business processes and maintain our competitive advantage." Following a comprehensive search of PLM solutions, CNT selected Aras based on functionality, flexibility, and the ability to deploy the solution incrementally and cost effectively. CNT anticipates the roll-out of additional Aras modules in the future to address project management and quality systems compliance. "Aras was the only PLM solution that fit both our functional requirements See information requirements and functional specification. (specification) functional requirements - What a system should be able to do, the functions it should perform. and need for incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. deployment," said Curt Carlson Curtis "Curt" Carlson (July 9, 1914 - February 19, 1999) was a U.S. businessman and founder of the Carlson Companies. He founded the Radisson Hotels chain which originated in Minneapolis, Minnesota where Carlson was born. , configuration manager at CNT. "The other solutions that we looked at required us to change the way we do business. Aras adapts to the way we do business and helps us improve over time." Innovator provides customers with unparalleled flexibility to modify applications without programming driving rapid results and a significantly lower Total Cost of Ownership than conventional PLM systems. "Aras' flexibility is ideally suited for time-sensitive business situations such as CNT's need to integrate business units following a merger," emphasized Rick Lucier, 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. of Aras Corporation. "Our solution flexibility drives our practical approach to incremental deployment enabling customers like CNT to target critical business processes and implement fast to realize meaningful results. We look forward to helping CNT achieve competitive success now and into the future." About CNT CNT is one of the world's largest providers of comprehensive storage networking solutions, products, and services. For 20 years, businesses around the world have depended on us to deliver business continuity solutions that drive business efficiencies, lowering costs and reducing IT risks across the enterprise. CNT applies its expertise in storage architecture to help companies build end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that include analysis, planning and design, multi-vendor integration, connectivity, implementation and ongoing remote management of the SAN or storage infrastructure. For more information, visit CNT's web site at http://www.cnt.com or call 763-268-6000. About Aras Corporation Aras Corporation is a provider of enterprise Product Lifecycle Management (PLM) software. The Aras Innovator(TM) Suite is an engineering business solution with comprehensive ready-to-use functionality that addresses the rigorous requirements of discrete manufacturing Fabricating products by assembling components and subsystems into larger systems. The automated assembly line is the prime example of discrete manufacturing such as in the making of automobiles, household appliances and computer systems. operations at divisions of large enterprises and their suppliers. The underlying Aras Innovator Engine is based on a next-generation Internet architecture and Dynamic Business Logic(TM) that enables customers to deploy solutions quickly and adapt easily to changing business requirements with a Total Cost of Ownership far lower than conventional enterprise systems. Customers include Rolls-Royce, Freudenberg-NOK, Ingersoll-Rand, and the U.S. Army. Aras is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Lawrence, Mass. For additional information visit http://www.aras-corp.com or call (978) 794-7643. |
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