MatrixOne Appoints Stephen Dunn to Drive Collaboration Solutions Throughout the Automotive Industry.Business/Technology Editors WESTFORD, Mass.--(BUSINESS WIRE)--Dec. 3, 2001 New Position Created to Further MatrixOne's Leadership Position in Automotive Industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. MatrixOne, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MONE), a leading provider of product collaboration solutions for the value chain, today announced the appointment of Stephen P. Dunn to head MatrixOne's automotive business unit as vice president, automotive industry. In this capacity, Dunn is responsible for driving continued success in and further building MatrixOne's global automotive business. With customers including Honda, Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. , Valeo, Faurecia, Scania, Porsche, Iveco, Autoliv, Eaton, Dana, Draxelmaier, Xcellsis, and Covisint, MatrixOne has proven leadership in delivering product collaboration and sourcing solutions that accelerate automotive products to market. "The automotive industry will be driven by the adoption of fundamental business processes that enable real-time, global collaboration. Implementing such solutions may result in system-wide cost reductions up to 20 percent as the industry adopts a new business model," said David Cole David Cole may refer to:
MatrixOne has established its leadership position in the automotive industry by working with more than 80 automotive companies, more than half of which are headquartered outside 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. . MatrixOne's automotive team is offering technology solutions today that have been designed to improve how leading OEMs and suppliers throughout the world bring their products to market. "Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
"Time-to-market, innovation, quality, outsourcing, and return on assets Return on assets (ROA) Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets). are among the key challenges that MatrixOne's automotive team is helping global automotive value chains address today in more than 30 countries," states Dunn. "For the past five years, MatrixOne has been dedicated to teaming with the leading global automotive consultants. Partnering with companies like PricewaterhouseCoopers, Cap Gemini Ernst Young, Deloitte Consulting, Nippon Steel, Fujitsu, gedas, and Softlab has provided automotive companies with a winning combination of best-of-breed technology and global teams with deep domain expertise in product development improvements for the automotive industry. The result is solutions that help automotive companies accelerate products to market." Joining MatrixOne in 1997, Dunn ran the MatrixOne Global Alliance Program, which works with the world's leading system integrators and other technology partners to create value for joint customers. Dunn most recently held the position of vice president of business development, NetMarkets. In this role, he helped established MatrixOne as the collaboration platform An emerging category of computer software, collaboration platforms are unified electronic platforms that support synchronous and asynchronous communication through a variety of devices and channels. standard for industry marketplaces. Among MatrixOne's leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business marketplace partners are e2open (electronics), Citadon (construction and engineering), and Covisint (automotive). Prior to joining MatrixOne, Dunn worked with a number of software companies, helping them to develop product strategies and build global sales and delivery organizations for the automotive industry. About MatrixOne MatrixOne, Inc. (NASDAQ: MONE) is changing the way the world brings products to market(TM). The Company's eMatrix(TM) product collaboration platform and out-of-the-box Value Chain Portfolio(TM) applications enable online collaboration across global value chains and secure access to independent trading communities in private and public marketplaces. A trusted partner to innovative companies, MatrixOne helps customers accelerate the right products to market. MatrixOne's more than 575 global customers represent the aerospace/defense, apparel, automotive, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , general machinery, high-technology, and medical equipment industries, including GE, Procter & Gamble, Nokia, Siemens, JDS Uniphase JDS Uniphase Corporation (JDSU) NASDAQ: JDSU is a company that manufactures and designs products for fiber optic communication and test equipment. It is headquartered in Milpitas, California, USA. , and Honda. Headquartered in Westford, Massachusetts Westford is a town in Middlesex County, Massachusetts, United States. The population was 20,754 at the 2000 census. History Westford was first settled in 1635. Originally a part of neighboring Chelmsford, West Chelmsford soon grew large enough to sustain its own , MatrixOne (www.matrixone.com) also maintains offices in North America, Europe, and Asia, with additional distributors in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Australia. MatrixOne and Adaplet are registered trademarks, and eMatrix, Changing the Way the World Brings Products to Market, Product Collaboration Solutions for the Value Chain, and Value Chain Portfolio are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners. Forward-looking statements in this release are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, among others: poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , difficulty assimilating future acquisitions, difficulty managing rapid growth, and increased competition. For a more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings. |
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