J.D. Edwards Delivers More Than 400 New Products and Enhancements in J.D. Edwards 5 within 12-Month Period.Business Editors/High-Tech Writers Quest Global Conference 2003 DENVER--(BUSINESS WIRE)--June 9, 2003 Company Delivers on Commitment to Make Customers Stronger with Software and Services that Provide Predictable Value 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) ) today kicked off its annual user group conference, Quest Global, by unveiling more than 400 new products and product enhancements delivered into the marketplace as part of the J.D. Edwards 5 family. The company is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of delivering on its promise made at last year's user conference to introduce more functionality in 24 months than any other two-year period in the company's history. The innovations leverage the company's 26 years of learning and insight into key vertical market segments, such as manufacturing and distribution, industrial, asset-intensive industries and project-oriented businesses. Enhancements have been made to each of the following product lines within J.D. Edwards 5: -- 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. ) -- 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. ) -- 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. ) -- Business Intelligence and Performance Management -- Collaboration and Integration -- Technology The competitive business strategy outlined by J.D. Edwards' executives leverages its vertical industry expertise and unique ability to forge deep relationships with its customers to grow its position in serving the needs of the enterprise. Executives underscored the company's commitment to provide "predictable value in unpredictable times" to its customers and to make them stronger by enabling them to "start anywhere and go anywhere" with integrated J.D. Edwards 5 software and services solutions built to address their specific business needs. "At last year's user conference, J.D. Edwards renewed its commitment to listen to its customers, create innovative solutions and deliver products that will make customers stronger," said Bob Dutkowsky, chairman, president and chief executive officer, J.D. Edwards. "We will spend this week showing our customers that we have in fact delivered on our promise to deliver business solutions that provide them predictable value at a time when they require technology investments that return value quickly. "We are harnessing the power of 26 years of deep knowledge in our customers' industries and applying that knowledge to the way we develop and deliver software and services. More than ever before, our solutions are helping our customers to streamline their business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and enable them to capture value from collaborative commerce," said Dutkowsky. New Products and Enhancements by Product Line SCM A large number of the new product enhancements are featured in the J.D. Edwards 5 SCM product line. Designed to optimize information sharing See data conferencing. between buyers and suppliers, J.D. Edwards 5 SCM now includes new functionality for planning, order management, manufacturing, distribution and logistics. The new enhancements provide greater visibility into and control of supply chains, thereby helping companies maintain leaner inventories and lower working capital, increase profits and productivity and better service their customers. (See "J.D. Edwards Links Hundreds of Business Processes with Latest Release of J.D. Edwards 5 Supply Chain Software" for more details on release of major SCM functionality). ERP J.D. Edwards continued to enhance its proven ERP product line with software that supports greater visibility and management of business performance and profitability. The company unveiled enhancements to its Enterprise Asset Management (EAM (1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. ) offering, which will now include Equipment Failure Analysis and streamline the ability to track components changed out of complex machinery. Additionally, new features in Material Planning within EAM will provide both seasoned and occasional users with greater efficiency in searching for parts and will easily generate accurate work orders and purchase orders. EAM is a highly appropriate tool for the tighter budgets in this slowing economy as companies are under more pressure to get the most out of their current equipment. In addition, the company released Advanced Cost Accounting, designed to provide more accurate profitability measurement of business activities, products and customers. The company also made available its Expense Management product that enables data integration with credit card providers, as well as offline expense report creation. Business Intelligence and Performance Management In meeting the growing demand for business performance reporting and analysis, J.D. Edwards augmented its Business Intelligence and Performance Management product line with new industry-specific analytical applications for construction, life sciences, consumer and asset-intensive firms, as well as spend analytics for users of SRM. In addition to the 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. , J.D. Edwards bolstered its offering with Web-based report design and online analytics services that provide faster multi-dimensional analysis. CRM In the J.D. Edwards 5 CRM product line, the company is delivering essential functionality, including a series of tools designed to help customers more accurately target promotions and up-sell to their existing customers, while creating a detailed and intricate commissions system to track new sales. Additionally, new portlets, or mini-portals, enable customers' sales representatives to personalize per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. their CRM matrix portal page to fit their specific needs. These portlets provide deeper, richer views of vital customer and operations data in real-time using a simple Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . (See "J.D. Edwards Announces Key Enhancements to J.D. Edwards 5 Customer Relationship Management Software" for more details on release of major CRM functionality.) SRM Two major developments were unveiled in the J.D. Edwards 5 SRM line. First, J.D. Edwards' unique Configured Item Assembly capability provides businesses unprecedented flexibility in managing any manufacturing process involving configured assemblies, whether manufactured in-house, by an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and , or a combination of both. Configured Item Assembly strengthens the "virtual enterprise" concept, as well as the process of direct shipping, by automating the process of managing subassemblies all the way to the shipment of the final product to the customer. Customers will benefit from reduced lead times, and managers get the same flexibility and ease of stocking, receiving and shipping items configured across assembly partners that they would enjoy if manufacturing were done entirely under their own roof. J.D. Edwards also released Inbound Advanced Ship Notice functionality, a unique Web-based application See Web application. designed for SMBs that enables partners across a supply chain to check on the shipping status of orders placed among each other via a portal. Collaboration and Integration J.D. Edwards continued to evolve its collaboration and integration solutions so that they better meet specific customer needs. The company now offers two methods for delivering Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. , and has updated its Content Management tool to allow for enhanced multi-format delivery. J.D. Edwards Web services options include: (1) eXtended Business Processes (XBPs) used in conjunction with the company's XPI XPI eXtended Process Integration (J.D. Edwards) XPI Cross Platform Installer (file extension) XPI Chi Rho Iota (Greek letters to abbreviate Christ) XPI Cross-Polar Isolation XPI X. (TM) (eXtended Process Integration) middleware, which are designed for J.D. Edwards' larger customers or those customers who have a broader or less predictable range of interface requirements and (2) Service-Oriented Interfaces (SOIs), which are designed for customers who have simpler and more predictable integration requirements. Technology Among the technological enhancements to J.D. Edwards 5 is the arrival of Unicode, or Universal Codeset. This universal character encoding scheme character encoding scheme - character encoding solves the problem of handling multiple languages simultaneously for multinational organizations. For instance, an enterprise utilizing Japanese and Western European languages previously could not access the same database. With Unicode, J.D. Edwards 5 customers can now consolidate multiple instances of their software and/or database down to one. The result is less complexity, lower cost and a consolidated view of global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . J.D. Edwards also announced the completion of Technology Foundation, an open standards-based software infrastructure required to run J.D. Edwards software. This cohesive infrastructure is pre-integrated with J.D. Edwards 5 applications and contains leading 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) technology, including IBM WebSphere(R) Application Server, IBM DB2(R) Universal Database(R), the J.D. Edwards Collaborative Portal (based on WebSphere Portal) and IBM security. The J.D. Edwards Technology Foundation runs on all hardware, operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. and databases that J.D. Edwards supports today. J.D. Edwards' commitment to open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced helps customers make IT investments based on their needs. Customers Continue to Demand World-Class Services Complementing the broad array of new products being offered, J.D. Edwards will continue to offer 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 , and apply 26 years of industry knowledge to tailor these products to address the unique requirements of each customer. J.D. Edwards Consulting introduced enhanced capabilities to deliver a full range of solution delivery options, including offshore resources and management services for implementation projects and ongoing application support. J.D. Edwards also announced its innovative Rapid Start implementation service that supports a streamlined process by which small- and medium-sized enterprises implement and manage J.D. Edwards 5 collaborative enterprise solutions. Finally, J.D. Edwards, in concert with leading audit firms, is providing solutions to help customers comply with the Sarbanes-Oxley Act See SOX. while leveraging their existing J.D. Edwards software investment. The service offerings help customers meet short-term Sarbanes-Oxley remediation efforts, while preparing for the need for more effective corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and business performance management in the long term. 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 email 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 email 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. J.D. Edwards' offerings are differentiated by a deeply ingrained 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. The materials contained herein are summary in nature, subject to change, and intended for general information only. These materials reflect current plans for future software or enhancements that may require additional license fees to obtain, and do not represent a commitment by J.D. Edwards to develop or deliver such software or enhancements. 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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