J. D. Edwards Strengthens China Operations at Beijing Headquarters Through Strategic Partnerships.Business Editors/High-Tech Writers DENVER AND BEIJING--(BUSINESS WIRE)--June 10, 2003 J.D. Edwards (J.D. Edwards & Company, Denver, CO, www.jdedwards.com) A developer of multinational, integrated enterprise software for distribution, finance, human resources, manufacturing and supply chain management. & Company (Nasdaq: JDEC JDEC Joint Data Exchange Center (US/Russian missile warning) JDEC Joint Document Exploitation Center (US DoD) ): China's Asset-Intensive and M&D Industries - Manufacturing, Wholesale Distribution, Utilities, Pharmaceutical and Retail - Top List of J.D Edwards' Targets One of the world's leading providers of enterprise software solutions, J.D. Edwards & Company (Nasdaq: JDEC), today revealed plans to more than triple its partner network in China within the next two years. J.D. Edwards said its growth plans in China will be targeted and decisive, focusing first on key business sectors - manufacturing, wholesale distribution, utilities, pharmaceutical and retail - to grow a customer base that includes Otis, Michelin, LianHua Supermarket, Pricemart, Praxair and Baxter Medical Solutions. "We've been providing enterprise-wide business solutions to more than 1,600 customer sites in Asia Pacific," said Richard Mathews, senior vice president, international, at J.D. Edwards. "Our new Beijing office will continue to support a growing local partner network in China, which customers will use as a pipeline to our 26 years of specialized expertise in manufacturing and distribution, asset-intensive and project-oriented industries." China represents J.D. Edwards' second largest market within Asia. J.D. Edwards partners with global companies, including 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) and HP, as well as leading local companies including S&I Technologies. Among the company's initial goals will be to strengthen direct support at its Beijing headquarters, sign on at least eight new business partners within the next two years, and grow its customer base by 20 percent. "The heart of our strategy in Asia is our customer base, and our investment plans will be driven by the needs of our customers," stated K.C. Yee, managing director for J.D. Edwards Asia. "Businesses in China - our customers - have raised their competitive position in the global marketplace by automating business processes and lowering costs across the board." Pan Kit Kuan, director for J.D. Edwards North Asia North Asia or Northern Asia is a subregion of Asia. The most common definition of the term is;
J.D. Edwards plans to market and sell more of its flagship J.D. Edwards 5 software and services solution, which is an open, standards-based set of software applications for 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 (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. ), Supply Chain Management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ), Supplier Relationship Management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ), Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), Business Intelligence and Performance Management, Collaboration and Integration, and Tools and Technology. In November 2002, Gartner Dataquest estimated that China's enterprise IT spending will increase to approximately US$54 million on ERP software, US$14 million in SCM and US$40 million in CRM by 2006 (Gartner, IT Trends in Greater China, November 2002). "The reality is that more than 80 percent of China's enterprises are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. business application solutions that are specifically tailored to their vertical industries. Those solutions preferably should be fully integrated, deliver maximum return on investment and meet the specific needs of their business cases," said Louisa Liu, analyst of Gartner Greater China. About Quest, J.D. Edwards Users Group Quest, J.D. Edwards Users Group, is the independent user group serving the J.D. Edwards community. With members in more than 50 countries and three regional/continental chapters serving Africa, Asia, and Australia & New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Quest's mission is to maximize value to the global J.D. Edwards community. Quest fosters collaboration and communication by providing opportunities to network, knowledge share and influence future software development through special interest groups, Q&A magazine, conferences, regional and local user outreach, the QuestDirect website and Infocast collaboration tool A collaboration tool is something that helps people collaborate. The term is often used to mean collaborative software, but collaboration tools were being used before computers existed, a piece of paper can for example can be used as collaboration tool. . Quest presents regional user conferences throughout the world, as well as Quest Global Conference (formerly known as FOCUS), which draws nearly 8,000 members of the J.D. Edwards community worldwide. For more information about Quest, call 1.800.225.0517 (North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ) or +1 859.226.4307, visit www.questdirect.org or e-mail questdirect@questnetx.org. About Quest Global Conference Quest Global Conference (formerly known as FOCUS), is the highly successful annual conference and vendor showcase presented by Quest, an independent organization of J.D. Edwards users, in partnership with J.D. Edwards. Quest Global Conference draws nearly 8,000 members of the J.D. Edwards user community worldwide to Denver each June for four days of networking, knowledge sharing, educational/professional development opportunities, and technology innovations. For more information, call 1.800.225.0517 (North America) or +1 859.226.4307, visit www.questdirect.org or e-mail questdirect@questnetx.org. About J.D. Edwards & Company J.D. Edwards (Nasdaq: JDEC) makes customers stronger, enabling them to solve their most important business challenges. The company designs, develops and markets collaborative enterprise software and consulting, education and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . J.D. Edwards' offerings are differentiated by a deeply ingrained in·grained adj. 1. Firmly established; deep-seated: ingrained prejudice; the ingrained habits of a lifetime. 2. attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, Colo., J.D. Edwards focuses on long-term business partnerships and helping its 6,700 customers in more than 110 countries manage their business processes, supply chains, enterprise assets, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333. On June 2, 2003, J.D. Edwards announced that it had entered into a merger agreement with PeopleSoft, Inc., under which J.D. Edwards' business and PeopleSoft's will be merged, and J.D. Edwards will become 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 PeopleSoft. The transaction is anticipated to close in the late third or early fourth calendar quarter. The transaction is subject to regulatory review, approval by the respective companies' stockholders and other customary conditions. J.D. Edwards(R) is a registered trademark of J.D. Edwards & Company. JDE JDE Java Development Environment JDE Journal of Dental Education JDE Journal of Distance Education JDE J. D. Edwards and Company JDE Job Descriptor Entry (Xerox) JDE Joint Multi-User Detection and Multi-Channel Estimation JDE Joint Defence Exercise (TM) is a trademark of J.D. Edwards & Company. J.D. Edwards 5 is a trademark of J.D. Edwards World Source Company. The names of all products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. Copyright (R) J.D. Edwards World Source Company 2003. |
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